Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aon Targets M&A Market with Intellectual Property Assessment Offering
Nov 20 2020 // Insurance broker Aon has launched the Quality of Intellectual Property (QoIP) Solution that is designed to help companies receive higher transaction value by specifically articulating the quality of the seller’s IP...
Hub Acquires Assets of Michigan’s-Based United Shortline Insurance Services
Nov 19 2020 // Hub International Limited (Hub), a Chicago-based global insurance brokerage, has acquired the assets of United Shortline Insurance Services Inc. (USIS) in Port Austin, Mich. Terms of the transaction were not...
Pace of Broker Acquisitions Picks Up in 2nd Half, After COVID-Linked Lull in Q2
Nov 19 2020 // Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second quarter related to the coronavirus and the steep economic decline, according to a report published by...
Canada’s Intact Financial Caps Decade of Acquisitions with $9.4 Billion RSA Deal
Nov 19 2020 // After a decade of buying up rivals to become Canada’s largest property and casualty insurer, Intact Financial Corp. is looking across the Atlantic with its biggest deal yet. Intact sealed an agreement Wednesday to...
Bindley Capital, ForeSight Medical Ex-CEO Acquire Workers’ Comp Dental Provider
Nov 18 2020 // Bindley Capital Partners and Brian Bell, the founder and former chief executive officer of ForeSight Medical, have acquired a specialty dental firm serving workers’ compensation patients. Based in Tampa, DentalWorks...
HSCM Bermuda Takes Majority Stake in Florida Insurer Southern Fidelity After Merger
Nov 18 2020 // After a tumultuous year that included double-digit rate increases, an intervention by the state regulator and a merger, Florida-based insurer Southern Fidelity Insurance Co. (SFIC) and its affiliated entities have ceded a...
Allied World Sells Majority Stake in High-Net Worth Insurer Vault
Nov 18 2020 // Fairfax Financial Holdings and its subsidiary Allied World Assurance Co. have agreed to sell their majority interests in Florida-based high-net worth insurer Vault E&S Insurance Co. to private equity investor Cornell...
Kaufman Dolowich & Voluck Hires Mancebo as a Partner in New York City
Nov 17 2020 // Kaufman Dolowich & Voluck LLP (KDV), a national law firm serving the business and insurance communities and headquartered in Woodbury, N.Y., has hired John Mancebo as a partner in its New York City office. Mancebo, who...
Connecticut’s TigerRisk Partners Appoints O’Keefe as Head of Strategy
Nov 17 2020 // TigerRisk Partners has appointed Bill O’Keefe as its head of Strategy. In this new role, O’Keefe will identify growth initiatives, advise the company’s leadership and consult with clients to drive...
Hub Acquires Assets of The Vitolo Company in Washington
Nov 16 2020 // Hub International Limited has acquired the assets of The Vitolo Co. in Seattle, Wash. Terms of the deal were not disclosed. Mike Vitolo, founder and president of The Vitolo Co., as well as the Vitolo team, will be joining...
World Insurance Associates Acquires Virginia’s Danaher-Skewes & Associates
Nov 16 2020 // World Insurance Associates LLC (WIA) acquired Danaher-Skewes & Associates Inc. of Manassas, Va., on November 1, 2020. Terms of the transaction were not disclosed. Established in 1963, Danaher-Skewes is an independent...
World Insurance Associates Acquires Indiana’s Ball Insurance
Nov 16 2020 // Ball Insurance Services (Ball Insurance) of Northwest Indiana has been acquired by World Insurance Associates LLC. Ball Insurance, based in Merrillville, Ind., is a property/casualty-focused agency, specializing in auto...
HUB Acquires Assets of Miss.-Based Larry Dean Massey, Jr.
Nov 16 2020 // Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Larry Dean Massey, Jr. (Massey). Terms of the transaction were not disclosed. With legacy operations in Memphis,...
World Insurance Associates Acquires The Walker Agency of South Carolina
Nov 13 2020 // World Insurance Associates LLC (WIA) has acquired The Walker Agency, Inc of Anderson (d/b/a Palmetto Insurance) of Anderson, S.C. on October 1, 2020. Terms of the transaction were not disclosed. Palmetto Insurance is a...
World Insurance Associates Acquires New Jersey’s Fairways Insurance
Nov 13 2020 // World Insurance Associates LLC (WIA) has acquired Fairways Insurance Inc. of Cinnaminson, N.J., on November 1, 2020. Terms of the transaction were not disclosed. Fairways is a full-service insurance agency serving clients...
R.E. Chaix & Associates Insurance Brokers Acquires Rancho Pacific in California
Nov 12 2020 // R.E. Chaix & Associates Insurance Brokers has acquired Rancho Pacific Insurance Services in California. Founded by Tracy Prettyman, Rancho Pacific Insurance Services is a wholesale brokerage specializing in commercial...
Arthur J. Gallagher Acquires AWIS Group in California
Nov 12 2020 // Arthur J. Gallagher & Co. has acquired San Diego, Calif.-based AWIS Group. Terms of the deal were not disclosed. The AWIS team will continue to operate from their current location under the direction of Adam Mazan,...
World Insurance Associates Acquires Alliance Insurance in Kansas
Nov 12 2020 // World Insurance Associates LLC (WIA) has acquired LIA Great Bend Inc. (d/b/a Alliance Insurance Group) (Alliance) of Salina, Kan. Terms of the transaction were not disclosed. Led by CEO Cody Smith, Alliance is a...
Insurance Tech Firm Insurity Acquires Personal Lines Management Suite CodeObjects
Nov 12 2020 // Insurance systems and data analytics provider Insurity reported that it has completed the acquisition of California-based CodeObjects, which offers a management program for personal lines. The deal expands Hartford-based...
World Insurance Associates Acquires New Jersey’s Collier O’Neill & Associates
Nov 12 2020 // World Insurance Associates LLC (WIA) has acquired Brian S. O’Neill & Associates Inc., d/b/a Collier O’Neill & Associates., of Trenton, N.J., on November 1, 2020. Terms of the transaction were not...
