Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
NFP Acquires UK-Based P/C Broker Ernest R. Shaw Ltd.
Oct 12 2020 // NFP, a New York City-based insurance broker and consultant, announced the acquisition of Ernest R. Shaw Ltd. in a transaction that closed on Sept. 1, 2020. Financial details of the deal were not disclosed. ER Shaw, located...
AccuRisk’s Share of Texas Non-Subscriber Market to Grow with Acquisition
Oct 12 2020 // Chicago-based managing general underwriter, AccuRisk Solutions LLC, is set to acquire the renewal rights to Great American Insurance Group’s book of Texas occupational illness and injury non-subscription...
BXS Insurance Acquires Alexander & Sanders Insurance in Louisiana
Oct 9 2020 // BXS Insurance Inc., a subsidiary of BancorpSouth Bank, has acquired the assets of Alexander & Sanders Insurance Agency Inc., headquartered in Baton Rouge, Louisiana. Alexander & Sanders provides risk management and...
Arch Capital Bests Enstar with Offer to Acquire Watford for $622 Million
Oct 9 2020 // Arch Capital Group Ltd., which had been reported to be pursuing a deal, has agreed acquire all the common shares of Watford Holdings Ltd. in an all-cash transaction valued at approximately $622 million, or $31.10 per...
Newfront in California Adds Alliant’s Parker to Run Carrier Partnerships
Oct 9 2020 // Newfront Insurance in San Francisco, Calif., has named Natalie Parker head of carrier partnerships. Parker will oversee carrier relationships for Newfront, and join its executive team. She joins Newfront from Alliant...
Hub International Acquires Ontario’s Mumby Insurance Brokers
Oct 8 2020 // Global insurance broker Hub International has acquired the property/casualty and employee benefits businesses of Mumby Insurance Brokers Inc. in Waterloo, Ontario. Terms of the transaction were not disclosed. Mumby...
DOXA Acquires AMS Professional Liability, Allsouth Professional Liability of Florida
Oct 8 2020 // AMS Professional Liability, a wholesale broker in the state of Florida, and Allsouth Professional Liability, a brokerage specializing in professional liability insurance in the southeastern United States, have been...
NFP Acquires Santa Maria & Co. in California
Oct 7 2020 // NFP has acquired Santa Maria & Co. in Walnut Creek, Calif. Craig Santa Maria, a principal and cofounder of the firm, will join NFP as a senior vice president and report to Doug Turk, regional managing director of...
Howden’s Acquisition of A-Plan Group to Create One of UK’s Largest Brokers
Oct 7 2020 // The international insurance broking group Howden recently announced that it has agreed to acquire A-Plan Group, one of the UK’s largest personal and commercial lines insurance brokers. The deal promises to create one...
Hub International Limited Acquires Assets of Maryland’s Bernstein Insurance
Oct 7 2020 // Global insurance brokerage Hub International Limited has acquired the assets of Bernstein Insurance LLC. Terms of the transaction were not disclosed. Bernstein Insurance’s principal owner, Jennifer Bernstein, was...
Bold Penguin Acquires RiskGenius in Commercial Insurance Technology Deal
Oct 6 2020 // Insurance technology firm Bold Penguin has acquired RiskGenius in a deal that the two commercial lines insurtechs said will help grow their reach more than they have been able to thus far on their own, Carrier Management...
First Mainstreet Insurance Acquires Two Iowa Agencies
Oct 6 2020 // First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., has acquired two Iowa agencies: Brummel Madsen Insurance in Cedar Falls and The Engel Agency in Maquoketa. Brummel Madsen Insurance has been...
Hub International Limited Acquires Virginia’s WFG Benefits
Oct 6 2020 // Global insurance brokerage Hub International Limited has acquired the assets of WFG Benefits Inc. Terms of the transaction were not disclosed. Located in McLean, Va., WFG Benefits Inc. is an insurance and employee benefit...
World Insurance Associates Acquires New York’s Paul Global Benefits
Oct 6 2020 // World Insurance Associates LLC (WIA) has acquired Paul Global Benefits Inc. (PGB) of Syosset, N.Y., on September 1, 2020. Terms of the transaction were not disclosed. PGB is an employee benefits consulting firm...
Hub International Buys Canadian Benefits Consultancy Firm, Clearpoint
Oct 6 2020 // Hub International Ltd., a Chicago-based global insurance broker, announced it has acquired Canadian benefits firm, Clearpoint, which comprises Clearpoint Advisory Group Inc., Clearpoint Retirement Solutions Inc. and...
Wholesale Trading Insurance Services Acquires Landmark E&S in California
Oct 5 2020 // Wholesale Trading Insurance Services LLC and its parent company, Jencap, LLC, have agreed to acquire privately held Landmark E&S Insurance Brokers LLC, an Anaheim, Calif. based specialty wholesale brokerage firm. Terms...
Pandemic Economic Uncertainty Could See Insurers Buying, Partnering with Insurtechs
Oct 5 2020 // Insurance carriers could increasingly target insurtechs for acquisition and partnerships in the coming months due to pandemic-related economic uncertainty, according to a report. “As insurers move toward late 2020...
Trean Group Completes Acquisition of South Carolina-Based 7710 Insurance Co.
Oct 5 2020 // The wholly-owned subsidiary of Trean Insurance Group, Benchmark Holding Co., Inc., has completed the acquisition of South Carolina-based 7710 Insurance Company, as well as its associated program manager and agency. 7710...
Legacy Reinsurer Premia Agrees to Buy Navigators Holdings (Europe) from The Hartford
Oct 5 2020 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. has agreed to acquire Navigators Holdings (Europe) NV and its associated companies from The Hartford. Navigators’ associated companies are...
Worldwide Facilities Acquires New Jersey’s Hunt Jorgensen
Oct 5 2020 // Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability...
