Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Clyde & Co. Hires Voses as a Partner in New York
Sep 10 2020 // Global law firm Clyde & Co has hired insurance lawyer Marc Voses as a partner in New York to further enhance its U.S. and global insurance practices. Voses joins from Goldberg Segalla, where he was chair of the...
Hub International Acquires Brokerage Assets of Charles Rhett Butler
Sep 10 2020 // Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of Charles R. (Rhett) Butler. Terms of the transaction were not disclosed. Rhett was part of Nationwide Mutual Insurance...
Hub International Acquires Assets of Louisiana Agency, Todd & Associates
Sep 9 2020 // Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Todd & Associates LLC (Todd & Associates), an independent insurance agency located in Lake Charles,...
Element Risk Management Acquires Two Pennsylvania Agencies
Sep 9 2020 // Element Risk Management has acquired two new insurance agencies in Pennsylvania. Barrick & Associates of Hanover, Penn., and Danner’s Insurance, with locations in East Berlin and Biglerville, Penn., are now part...
Optisure Risk Partners Hires Bagley in New Hampshire
Sep 9 2020 // Optisure Risk Partners has hired Wendy Bagley as a personal lines and private client account executive. She brings more than 30 years of experience in personal lines and insurance expertise to this new role and is based in...
Hagerty in Michigan Adds Rabinowitz as VP, Insurance Partners Group
Sep 8 2020 // Hagerty, based in Traverse City, Mich., has hired Kevin Rabinowitz to lead its Insurance Partners Group. Working under Hagerty’s Senior Vice President of North American Markets Jack Butcher, Rabinowitz will be...
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...
