Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
NFP Acquires Toronto-Based EdgeHill Insurance Brokers
Jan 14 2021 // NFP, a New York-based insurance broker and consultant, announced the acquisition of EdgeHill Insurance Brokers Ltd., in a transaction that closed on Dec. 16, 2020. Financial details of the acquisition were not...
Applied Systems to Acquire EZLynx, Comparative Rating, Agency Management Vendor
Jan 14 2021 // Insurance technology firm Applied Systems has agreed to acquire EZLynx, an agency management system vendor and pioneer in real-time comparative rating . Applied said the acquisition is complementary and will expand its...
Hub International Acquires Massachusetts’ Alpha Pension Group
Jan 14 2021 // Hub International Limited (Hub), a full-service global insurance broker, has acquired Alpha Pension Group Inc. Terms of the transaction were not disclosed. Headquartered in Boston, Mass., Alpha Pension Group is a...
World Insurance Associates Acquires New Jersey’s True & Associates
Jan 14 2021 // World Insurance Associates LLC (WIA) acquired True & Associates of Westfield, N.J. on December 31, 2020. True & Associates is its largest property/casualty acquisition to date. Terms of the transaction were not...
The Hilb Group Acquires Dwayne Wilson Insurance of North Carolina
Jan 14 2021 // The Hilb Group, LLC (THG) has acquired North Carolina-based Dwayne Wilson Insurance & Financial Services, Inc. (DWI). The transaction became effective on Dec. 31, 2020. DWI is a full-service life and health (L&H)...
First Mainstreet Acquires Nissen-Caven Insurance, Tyler Insurance in Iowa
Jan 14 2021 // First MainStreet Insurance (FMSI), an affiliate of TrueNorth Companies, has acquired two Iowa-based agencies: Nissen-Caven Insurance and Tyler Insurance Services. Nissen-Caven Insurance joined FMSI on Nov. 1, 2020. Since...
For Brown & Brown, Acquiring CoverHound Accelerates Tech Modernization Efforts
Jan 14 2021 // Property/casualty insurance companies far and wide are considering whether to develop technology platforms in-house or modernize some other way. Brown & Brown chose an acquisition to get there. The broker announced in...
W.R. Berkley Sells Manhattan Real Estate Investment Property
Jan 13 2021 // W.R. Berkley Corp. sold off one of its real estate investments – a New York City office complex – at the end of 2020. The sale generated a $105 million pre-tax net gain, according to the commercial lines specialty...
Core Specialty Partners, Lancer Launch Excess Transportation Program
Jan 13 2021 // Core Specialty Insurance Holdings and its subsidiaries have partnered with Lancer Management Co. to provide excess liability limits for qualified local, intermediate and long haul trucking accounts as well as general...
Exceptional Risk Advisors Acquires International Specialty of North Carolina
Jan 13 2021 // Exceptional Risk Advisors, a Lloyd’s of London coverholder, has acquired assets of International Specialty Insurance Services. Headquartered in Winston-Salem, N.C., International Specialty Insurance designs insurance...
Rhodes Risk Advisors Acquires Atlanta-Based McEver & Tribble
Jan 12 2021 // Rhodes Risk Advisors, an independent insurance firm, has acquired McEver & Tribble, an independent insurance agency also based in Atlanta. Combining the professional teams, risk management capabilities and insurance...
ReSource Pro Acquires 2 Insurance Consulting Firms: Strategy Meets Action, Nolan
Jan 12 2021 // Insurance operations, analytics and process services firm ReSource Pro said it has acquired two strategic advisory and management consulting firms focused on property/casualty insurance, Strategy Meets Action (SMA) and The...
High Street Insurance Partners Acquires Maryland’s Day, Deadrick & Marshall
Jan 12 2021 // Lower-middle-market private equity firm Huron Capital’s full-service insurance brokerage platform, High Street Insurance Partners, has acquired Day, Deadrick & Marshall Inc (DDM). Beltsville, Md.-based DDM is a...
Arthur J. Gallagher & Co. to Acquire UK Broker The Bollington Wilson Group
Jan 12 2021 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has signed an agreement to acquire 100% of specialist UK insurance broker The Bollington Wilson Group. The transaction will close...
Reliance Partners of Tennessee Promotes Shelton
Jan 12 2021 // Reliance Partners, a privately-held commercial insurance agency for the transportation and logistics industry, has promoted Missi Shelton to vice president of Customer Service, National Accounts. Shelton will lead...
World Insurance Associates Acquires Two Rivers Insurance in Iowa
Jan 12 2021 // World Insurance Associates LLC (WIA) has acquired Two Rivers Insurance Company Inc. (TRIC) of Burlington, Iowa. TRIC includes Two Rivers Insurance Services (TRIS) and Employee Benefits Systems (EBS). Terms of the Dec. 31,...
Crest Insurance Group Acquires Gates in Arizona
Jan 12 2021 // Crest Insurance Group LLC of Tucson Arizona has acquired Gates Insurance Inc. President Michael Gates and his staff have been serving clients out of their home office in Mesa, Ariz., since 2009. Gates is a full-service...
High Street Acquires Partners Premier in Oregon
Jan 12 2021 // Private equity firm Huron Capital announced today that its insurance brokerage platform, High Street Insurance Partners, has acquired Premier Northwest Insurance in Oregon City, Ore. The firm has also acquired Day,...
Canadian Insurtech Apollo Closes C$13.5 Million Funding Round
Jan 11 2021 // Apollo Insurance Solutions Ltd., the Toronto-based online insurance company, announced it has closed an oversubscribed C$13.5 million (US$10.6 million) Series A financing round, which exceeded its original C$4 million...
Smith Brothers Insurance Acquires New York-Based Shank & Falvey Insurance
Jan 11 2021 // Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook. The acquisition expands Smith Brothers’ footprint in...
