Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Marsh & McLennan Profit Up in Q2; CEO Sees Aon-Willis Merger ‘Good’ for MMC
Jul 30 2020 // The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh & McLennan,” commented Daniel Glaser, president and chief...
World Insurance Associates Acquires Airways International Insurance Services
Jul 30 2020 // World Insurance Associates LLC (WIA) acquired Airways International Insurance Services LLC (AIIS) of Mickelton, N.J., on May 1, 2020. Terms of the transaction were not disclosed. Alex Morris founded Airways International...
PCF Insurance Services Acquires Horizon Insurance of Florida
Jul 30 2020 // PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Horizon Insurance, a Bradenton, Fla.-based provider of personal, commercial and financial services insurance. Horizon Insurance is an...
Higginbotham Enters New Mexico with Pat Campbell Merger
Jul 29 2020 // Higginbotham and Pat Campbell Insurance, an independent agency in Las Cruces, N.M., have merged operations. Both firms broker commercial and personal property/casualty insurance, employee benefits and individual life and...
Insurance Broker Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business
Jul 29 2020 // Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of bringing data science, AI and machine learning capabilities to the...
First American Insurance Agency Acquires Massachusetts’ Morin & Foy
Jul 29 2020 // First American Insurance Agency, an independent insurance firm, has acquired Morin & Foy, a property and casualty firm situated in Brimfield, Mass. First American Insurance Agency is only acquiring the Brimfield,...
Analysis: Fintech Funding Slides as Coronavirus Casts a Chill with Venture Capitalists
Jul 29 2020 // Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it’s a tough time to be seeking up to 15 million pounds ($19 million) for a start-up. “It’s definitely a...
PartnerRe Names Bonneau as President and CEO as Clarke Exits
Jul 28 2020 // Bermuda-based PartnerRe Ltd. announced it has appointed industry veteran Jacques Bonneau as its president and chief executive officer effective immediately. Bonneau, who will be based in the company’s headquarter in...
Insurtech Zego Partners with E-Scooter Firm, Ginger, to Insure 1st UK E-Scooter Trial
Jul 28 2020 // London-based insurtech Zego has partnered with e-scooter company, Ginger, to provide insurance for the UK’s first ever e-scooter trial, which has just launched in the Tees Valley, a city region in the north east of...
Duffy Insurance Agencies Acquires N. Pingree Agency
Jul 28 2020 // The N. Pingree Insurance Agency and its Georgetown and Haverhill, Mass., offices have joined the Duffy Family of Insurance Agencies. N. Pingree Insurance Agency was established in 1938 by H. Nelson Pingree. Brothers Robert...
Sapiens International Corporation Enters Agreement to Acquire Delphi Technology
Jul 28 2020 // Sapiens International Corporation, a global provider of software solutions for the insurance industry, has entered into a definitive agreement to acquire Delphi Technology Inc. (Delphi), a Boston, Mass.-headquartered...
IMA Financial Group Acquires HofgardBenefits in Colorado
Jul 27 2020 // IMA Financial Group has acquired HofgardBenefits, a Louisville, Colo.-based employee benefits agency. The acquisition augments IMA’s employee benefits business segment that’s focused on companies with less than...
Sapiens Acquires Delphi Technology
Jul 27 2020 // Insurance software provider Sapiens International Corp. has agreed to acquire Delphi Technology Inc., a software vendor focused on the medical professional liability insurance carrier markets. The total consideration is up...
The Hilb Group Acquires Massachusetts’ Eldredge & Lumpkin Insurance Agency
Jul 27 2020 // The Hilb Group LLC (THG) has acquired Massachusetts-based Eldredge & Lumpkin Insurance Agency Inc. (E&L). The transaction became effective on July 1, 2020. Located in Chatham, Mass., E&L is a full–service...
Global Risk Solutions Acquires Connecticut’s William Kramer & Associates
Jul 24 2020 // Global Risk Solutions Inc. (GRS), a provider of claims adjusting and environmental risk management solutions, has acquired William Kramer & Associates (WKA). Terms of the acquisition were not disclosed. GRS Complex...
Facebook’s WhatsApp to Expand Indian Partnerships to Offer Pensions, Insurance
Jul 24 2020 // Facebook Inc.’s WhatsApp plans to team up with more Indian lenders to expand banking services in rural areas and for lower income individuals, the messaging platform’s country head said on Wednesday. WhatsApp,...
The Hilb Group Acquires Michigan Agency, CIA Financial Group
Jul 22 2020 // The Hilb Group LLC (THG) has acquired CIA Financial Group Inc. (CIA), a Michigan-based independent insurance agency. The transaction became effective on July 1. Founded in 1975, CIA delivers insurance and risk management...
New Jersey’s BCA Insurance Group Partners with NJM Insurance Group
Jul 22 2020 // BCA Insurance Group has contracted with NJM Insurance Group (NJM) as an NJM Premier Agent, expanding its ability to connect the business needs of its clients with NJM’s insurance solutions. As an NJM Premier Agent,...
Private Equity Firm Thoma Bravo to Acquire Insurance Software Firm Majesco for $594M
Jul 20 2020 // Cloud insurance software firm Majesco said it has agreed to be acquired by Thoma Bravo, a private equity firm focused on the software and technology services sectors, in a transaction valuing the company at $594...
Aviation Broker Piiq Risk Partners Receives License to Operate in France
Jul 20 2020 // Piiq Risk Partners, the global aerospace re/insurance broker, announces that it has received regulatory approval to operate in France. Piiq’s French operation will act as a base for expanding its services across the...
