Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
World Insurance Associates Acquires Arkansas’ Corporate Risk Services
Mar 1 2021 // World Insurance Associates LLC (WIA) has acquired Corporate Risk Services LLC and Midwest Risk Management Services Inc. (collectively Corporate Risk Services) of Rogers, Arkansas. Terms of the transaction were not...
One80 Intermediaries Acquires New York’s Edward E. Hall and Company
Feb 26 2021 // One80 Intermediaries has acquired Edward E. Hall and Company (EE Hall). Terms of the deal were not disclosed. One80 is a national wholesale broker, program manager, third-party administrator (TPA), warranty and...
Chubb’s Digital Blink Targets Consumer Sales via Partner, Affinity Companies
Feb 25 2021 // Chubb has launched a digital platform for selling selected insurance coverages to “digitally savvy” consumers, primarily through affinity, company and digital broker partners of Chubb to their members,...
World Insurance Associates Acquires New Jersey’s Szerlip & Company
Feb 25 2021 // World Insurance Associates LLC (WIA) acquired Szerlip & Company of Millburn, New Jersey, on January 1, 2021. Terms of the transaction were not disclosed. Szerlip & Co. is a third generation insurance agency founded...
Minick Retiring from Texas Workplace Injury Benefit Risk Managing Firm, PartnerSource
Feb 24 2021 // Bill Minick, founder of Texas-based workers’ compensation/workplace injury benefit risk management firm, PartnerSource, will retire at the end of March. Jennifer Hurless, president of PartnerSource, will continue in...
Applied Underwriters’ Centauri Insurance Acquires Gulfstream Renewals
Feb 23 2021 // Applied Underwriters’ Centauri Insurance has acquired the renewal rights to approximately 16,700 policies across Alabama, Louisiana, and South Carolina from Gulfstream Property and Casualty Insurance Co. and...
More Insurer Partnerships, Tech Investments, Divestitures to Come in 2021, Says Bain
Feb 23 2021 // Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and mergers and acquisitions will help them get there as it did in 2020, according to a Bain & Co....
High Street Insurance Partners Acquires New York’s Badge Agency
Feb 23 2021 // Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc. Founded in...
World Insurance Associates Acquires LCL Insurance of North Carolina
Feb 22 2021 // World Insurance Associates LLC (WIA) has acquired LCL Insurance LLC (LCL) of Charlotte, N.C. on Feb. 1, 2021. Terms of the transaction were not disclosed. According to Rich Eknoian, CEO and Co-Founder of WIA, the...
Global Insurance M&A Activity Expected to Soar in 2021
Feb 18 2021 // There were 407 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2020, down from 419 the previous year, according to a report published by global law firm Clyde & Co. An anticipated...
Global Risk Partners Agrees to Acquire Marsh’s UK Networks Business
Feb 18 2021 // Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance broker and risk adviser. Terms of the transaction, which is subject to regulatory approval, were...
AHT Insurance Partner Schermerhorn Elected as Chairman of TechAssure Association
Feb 17 2021 // AHT Insurance, a Baldwin Risk Partner, has announced that Partner Brian Schermerhorn was recently elected as chairman of TechAssure Association Inc., a consortium of independent insurance agents and brokers who focus on...
Applied Underwriters Acquires Oklahoma Property and Casualty Insurance
Feb 16 2021 // Applied Underwriters’ affiliate, North American Casualty Co., has completed its acquisition of Oklahoma City-based Oklahoma Property and Casualty Insurance Co. (OP&C). Applied Underwriters plans to make various...
Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance
Feb 16 2021 // Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said. The U.K. company is in...
USI Insurance Services Acquires Inland Insurance in Washington
Feb 16 2021 // USI Insurance Services has acquired Spokane, Wash.-based Inland Insurance Inc. Terms of the deal were not disclosed. Inland Insurance is an independent risk management and employee benefits agency serving businesses and...
Progressive to Buy Transportation Insurer Protective for $338 Million
Feb 16 2021 // The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake in the commercial lines insurance market. Progressive has agreed to pay $23.30...
Core Assurance Partners Names Brandau as President, Russell as Vice President
Feb 16 2021 // Core Assurance Partners Inc. has named Zack Brandau as the organization’s president and Will Russell as vice president. Brandau will continue to lead the firm’s daily operations and drive strategic growth...
Robles Joins XPT Partners in Texas as VP, Senior Transportation Broker
Feb 12 2021 // XPT Partners, a national specialty insurance distribution company, has added excess transportation expert Alex Robles as vice president and senior broker in its Plano, Texas, office. Robles will concentrate on excess...
OneDigital Acquires Missouri’s HM Employee Benefits and Risk Management
Feb 11 2021 // OneDigital has acquired HM Employee Benefits and Risk Management (HM), located in St. Louis, Missouri. This acquisition is the first to integrate property/casualty (P/C) into OneDigital’s suite of health, retirement...
Heffernan Acquires Micor Insurance Brokers in California
Feb 10 2021 // Heffernan Insurance Brokers has acquired Micor Insurance Brokers in San Jose, Calif. The Micor San Jose office is Heffernan’s 10th California location. Terms of the deal were not disclosed. Corrie Foos, president of...
