Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
HUB Acquires Assets Of Florida-Based Leading Edge Benefit Advisors & Affiliates
Nov 12 2020 // HUB International Limited (Hub), a leading global insurance brokerage, has acquired the assets of Leading Edge Benefit Advisors, LLC, Raimey, Corp., Leading Edge Human Resource Services, LLC, Leading Edge Companies, LLC,...
Palomar Buys Renewal Rights to Hawaii Residential Hurricane Business from GeoVera
Nov 10 2020 // Palomar Specialty Insurance Co. has agreed to acquire the renewal rights to GeoVera’s Holding’s Hawaii residential hurricane policies. The transaction is expected to further deepen Palomar’s presence in...
BRP Group’s BKS Partners to Acquire Houston’s Insgroup
Nov 9 2020 // BRP Group Inc. subsidiary, Baldwin Krystyn Sherman Partners LLC (BKS Partners), has entered into an agreement to acquire all of the outstanding equity interests of Insgroup Inc. a Houston, Texas-based provider of...
Equity Firm Cinven and Singapore’s GIC to Buy Insurance Broker Miller from Willis
Nov 9 2020 // Private equity firm Cinven and GIC, Singapore’s sovereign wealth fund, have agreed to acquire London-based specialist insurance and (re)insurance broker Miller from its partners and corporate member, Willis Towers...
Johnstone Partners Hires Friedman as an Adjuster in New York
Nov 9 2020 // Johnstone Partners has expanded its national risk management and claims adjusting practices with the hire of Andrew Friedman in New York. Friedman joins Johnstone Partners as an adjuster with six years of claims...
Brown & Brown Acquires Digital Insurance Agency CoverHound and Its CyberPolicy Unit
Nov 9 2020 // Insurance broker Brown & Brown has acquired CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound’s small business subsidiary. Neither side disclosed financial details of the...
Arthur J. Gallagher & Co. Acquires Canada’s Optimum Talent Inc.
Nov 6 2020 // Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based Optimum Talent Inc. Terms of the transaction were not disclosed. Founded in 1981, Optimum Talent is one of Canada’s largest...
Arthur J. Gallagher & Co. Buys Australia’s Effectus Consulting Pty Ltd.
Nov 5 2020 // Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were not disclosed. Effectus Consulting is a data-driven employee and leadership...
Coverys European Holdings Subsidiary Acquires Lloyd’s Italian Coverholder Gava
Nov 5 2020 // AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based in Brindisi, Italy. AEC Group will assume 100% ownership of Gava, bringing...
Hub International Acquires Alberta, Canada Broker Stalco Insurance
Nov 4 2020 // Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Stalco Insurance Ltd., a Canadian insurance broker. Terms of the transaction were not disclosed. With locations in Wainwright,...
The Co-operators Buys Canadian Broker Linda Rioux Assurances
Nov 4 2020 // The Co-operators has purchased Linda Rioux Assurances, the Warwick, Quebec-based insurance broker. Financial details of the deal were not disclosed. The broker’s portfolio includes home, auto, farm and commercial...
Starr Insurance Renews Partnership with Georgia State’s Institute for Insight
Nov 3 2020 // Starr Insurance Companies, a global insurance and financial services organization, has renewed its partnership with the Institute for Insight, a unit of Georgia State University’s Robinson College of Business that...
