Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
NFP Acquires Ireland’s HMP Insurance
Aug 18 2020 // New York-based insurance brokerage NFP said it has acquired HMP Insurance & Pension Advisors Limited (HMP), based in Dublin, Ireland. Terms were bot disclosed. HMP provides employee benefits, pension and group risk...
Brown & Brown of Massachusetts Acquires Assets of Amity Insurance Agency
Aug 17 2020 // Brown & Brown of Massachusetts Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Amity Insurance Agency. Amity Insurance was founded in 1978 and offers insurance products and...
Global Insurance M&A Surges in 1st Half but Lull Likely in H2 on COVID Uncertainties
Aug 17 2020 // Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2020 with 201 completed deals worldwide, up from 197 in the second half of 2019, according to Clyde & Co’s...
Risman Insurance Agencies Acquires Massachusetts’ Insurance Associates
Aug 14 2020 // Risman Insurance Agencies acquired Insurance Associates Inc. of Burlington, Mass., on August 3, 2020. Insurance Associates has been a family-owned and -operated business and a member of the community for more than eight...
Huron Capital’s High Street Acquires Michigan’s Capital Insurance Group
Aug 14 2020 // High Street Insurance Partners (High Street), a portfolio company of the private equity firm Huron Capital, has acquired Capital Insurance Group (CIG), headquartered in Bloomfield, Michigan. CIG primarily sells commercial...
Baker Promoted to Partner of Florida-Based BKS Partners
Aug 14 2020 // BKS Partners, a Tampa-headquartered insurance brokerage and risk management firm has appointed Frank Baker to partner. Baker joined the firm as a founding member in 2006. He came aboard with experience in Tampa’s...
Brown & Brown Acquires Assets of Michigan’s Buiten & Associates
Aug 13 2020 // Brown & Brown of Michigan Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Buiten & Associates, located in Grand Rapids, Mich. Since 1935, Buiten & Associates has...
World Insurance Associates Acquires Virginia’s Lindberg & Associates
Aug 13 2020 // World Insurance Associates LLC (WIA), acquired Lindberg & Associates of Poquoson, Va., on July 1, 2020. Terms of the transaction were not disclosed. Founded in 2011, Lindberg & Associates is an independent...
Roper to Acquire Insurance Software Firm Vertafore for $5.35 Billion
Aug 13 2020 // Florida-based Roper Technologies has agreed to acquire insurance software maker Vertafore in an all-cash transaction valued at approximately $5.35 billion. Roper said the Vertafore management team led by CEO Amy Zupon will...
One80 Intermediaries Acquires Canadian MGA, Strategic Underwriting Managers
Aug 12 2020 // One80 Intermediaries, a Boston-headquartered wholesale broker, program manager, and insurance aggregator, announced it has acquired Strategic Underwriting Managers Inc. (SUM), a Canada-based managing general agent. Terms...
Jackson Sumner & Associates Acquires Virginia’s Landers Underwriting
Aug 12 2020 // Jackson Sumner & Associates (JSA) has acquired Landers Underwriting of Charlottesville, Va., in a deal inked earlier this month. Terms of the transaction were not disclosed. JSA is an excess and surplus broker that...
BKS Partners of Florida Promotes Berry to Partner
Aug 12 2020 // BKS Partners, a national insurance brokerage and risk management firm headquartered in Tampa, Fla., has appointed Jennifer Berry to partner. Berry joined BKS in 2006 as a founding colleague. She currently works with...
Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger
Aug 11 2020 // Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination. Institutional Shareholder Services Inc. (ISS)...
Alera Group Acquires Alper Services in Illinois
Aug 11 2020 // Deerfield, Illinois-based Alera Group, a national employee benefits, property casualty, retirement services and wealth management firm, has acquired Alper Services LLC in Chicago. The acquisition was effective...
Brown & Brown Acquiring HAUSER in Ohio
Aug 10 2020 // Brown & Brown Inc. has entered into an agreement to acquire the assets of HAUSER in Ohio. The deal is expected to close in September, subject to certain closing conditions. Terms were not disclosed. HAUSER focuses on...
R&Q Acquires 35% Interest in New York-Based Tradesman Program Managers
Aug 10 2020 // Randall & Quilter Investment Holdings Ltd. (R&Q) has reached an agreement to merge its wholly owned subsidiary, Sandell Re Ltd., with Tradesman Program Managers LLC in return for a 35% interest in the combined...
Roper Technologies in Talks to Buy Vertafore for $5.5 Billion, Reuters Reports
Aug 9 2020 // Roper Technologies Inc. is in talks to acquire Vertafore for close to $5.5 billion, Reuters reported, citing people familiar with the matter who weren’t identified. The acquisition would be the biggest ever for the...
CoreLogic Calls Special Meeting on Takeover Bidders’ Candidates for Board
Aug 9 2020 // The board of directors of data and analytics firm CoreLogic (NYSE: CLGX) has called a special meeting of shareholders for November 17, 2020 to consider the replacement of up to nine directors with nominees chosen by the...
Randall & Quilter Investment Holdings Acquires NationsBuilders Insurance Company
Aug 7 2020 // Following a previous announcement on June 5, 2020, Randall & Quilter Investment Holdings Ltd.’s (R&Q) wholly owned Vermont subsidiary, ICDC Ltd, has completed the acquisition of NationsBuilders Insurance Co....
Third Point Re and Sirius Group Agree to Merger in Deal Worth $788M
Aug 7 2020 // Third Point Reinsurance and Sirius International Insurance Group, a global multi-line insurer and reinsurer, announced they have entered into a definitive agreement for Third Point Re and Sirius Group to combine in a cash...
