Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub Acquires Assets of The Employee Benefit Corp., Hollis Companies in Louisiana
Sep 4 2020 // Chicago-based global insurance brokerage HUB International Limited (Hub) has acquired the assets of Hollis Companies L.L.C. (Hollis Companies) and The Employee Benefits Corporation (TEBC), located in Metairie,...
Hub International Acquires Rockville Insurance Agency, Jeffrey Preston Zepp
Sep 4 2020 // Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Rockville Insurance Agency Inc. and Jeffrey Preston Zepp. Terms of the transactions were not...
Carlyle Group Leads $150 Million Investment in Alera Group to Fund Acquisitions
Sep 4 2020 // New York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Illinois-based Alera Group, the property/casualty, employee benefits insurance broker that is privately-held company and backed...
Amynta Acquires Workers’ Comp Book from Houston International Insurance
Sep 3 2020 // Amynta Group, a provider of property/casualty insurance and warranty protection products and services, has acquired a workers’ compensation insurance book of business from Houston International Insurance Group...
One80 Intermediaries Acquires New Jersey’s Equinox Management Group
Sep 3 2020 // One80 Intermediaries, a national wholesale broker, program manager and insurance aggregator headquartered in Boston, Mass., has acquired the Equinox Management Group and its affiliates Meridian Management Group and...
Beat Capital Partners with Bain Capital to Support Lloyd’s Syndicate 4242
Sep 2 2020 // The London-based, insurance-focused investment firm Beat Capital Partners said it is creating a dedicated underwriting vehicle, funded by Bain Capital Credit, which will provide capital through its Syndicate 4242 to...
Hub International Acquires Alberta’s Elevate Insurance Brokers
Sep 2 2020 // U.S.-based global insurance broker Hub International Limited has acquired Elevate Insurance Brokers, a property/casualty independent insurance agency based in Grande Prairie, Alberta, Canada. Pierce Krol, president, and...
World Insurance Associates Acquires New Jersey’s Advantage Benefit Concepts
Sep 2 2020 // World Insurance Associates LLC (WIA), has acquired Advantage Benefit Concepts Inc. of Blackwood, N.J., on April 1, 2020. Terms of the transaction were not disclosed. Advantage Benefit Concepts Inc. specializes in employee...
Ryan Specialty Group and All Risks Finalize Merger
Sep 2 2020 // Specialty insurance brokerages Ryan Specialty Group and All Risks have closed on the merger the two firms into Ryan Specialty Group. The deal unites Chicago-based Ryan Specialty Group and its nearly $12 billion in premium,...
Home Insurance MGA Hippo Completes Acquisition of Spinnaker Insurance Co.
Sep 1 2020 // Hippo, an insurtech managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Co., with an expansion into additional states next on its plate. The deal, first announced in June,...
World Insurance Associates Acquires New York’s Countywide Insurance Agency
Sep 1 2020 // World Insurance Associates LLC (WIA), acquired Countywide Insurance Agency of Jefferson Valley, N.Y., on July 1, 2020. Terms of the transaction were not disclosed. Countywide Insurance Agency provides insurance products...
AXIS Partners With AllDigital Specialty MGA on Small Business Platform
Aug 31 2020 // AXIS Insurance and AllDigital Specialty will launch an insurance platform designed for the U.S. small private company management liability market. AXIS will utilize AllDigital’s technology to quote, bind and issue...
In Anthem-Cigna Failed Merger ‘Soap Opera,’ Judge Hands Damages to Neither
Aug 31 2020 // A Delaware judge rebuffed efforts by both Cigna Corp. and Anthem Inc. to collect billions over their failed merger, saying Cigna had breached its obligations but the merger was likely to have been blocked on antitrust...
World Insurance Associates Acquires New Jersey’s Maximum Benefit Insurance Agency
Aug 31 2020 // World Insurance Associates LLC (WIA) acquired Maximum Benefit Insurance Agency Inc. of Saddle Brook, N.J., on August 1, 2020. Terms of the transaction were not disclosed. Founded in 1994, Maximum Benefit Insurance Agency...
World Insurance Associates Acquires Kansas’ Peoples Insurance Group
Aug 27 2020 // World Insurance Associates LLC (WIA) has acquired Peoples/Commercial Insurance Services LLC (d/b/a Peoples Insurance Group) in Topeka, Kansas. The transaction, the terms of which were not disclosed, was effective Aug....
Aon, Willis Towers Watson Shareholders Approve Merger
Aug 26 2020 // Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to combine with Willis in an...
Risk Strategies Acquires Ohio’s McCamon Hunt Insurance Agency
Aug 26 2020 // Risk Strategies, a privately held national insurance brokerage and risk management firm, has acquired Boardman, Ohio-based, McCamon Hunt Insurance Agency Inc. Terms of the deal were not disclosed. McCamon Hunt adds to Risk...
Accredited Enters New Program Underwriting Partnership with Surround Insurance
Aug 26 2020 // Accredited Surety & Casualty Company Inc., a wholly owned subsidiary of Randall & Quilter Investment Holdings Ltd. (R&Q) and a Florida-domiciled insurance company licensed in all 50 states to write admitted...
Johnson & Johnson to Acquire Assets of Georgia-Based National Program Management
Aug 26 2020 // Johnson & Johnson will expand its presence in Georgia by acquiring the assets of National Program Management (NPM) located in Alpharetta. The parties expect the transaction to close Sept. 1, 2020. National Program...
Insurance Run-Off Specialist Marco Capital Acquires British Reserve from Allianz
Aug 25 2020 // Newly-launched insurance run-off specialist Marco Capital Holdings said it has agreed to purchase British Reserve Insurance Co. Ltd., a UK non-life insurance company, from Allianz. The transaction, Marco’s first, is...
