Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Starkweather & Shepley Insurance Brokerage Acquires Newport Insurance Agency
Jul 17 2020 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has acquired Newport Insurance Agency Inc. (NIA). Located in Middletown, R.I., with 13 associates on staff, Newport Insurance is an independent agency serving...
Amynta Group Acquires Surety Operations of Aspen Insurance
Jul 17 2020 // Amynta Group, a provider of property/casualty and warranty protection products and services, has acquired the surety operations of Aspen Insurance. The business will now operate as Amynta Surety Solutions. As part of the...
Castel Acquires Dutch Marine Business from The Hartford
Jul 17 2020 // Castel Underwriting Europe B.V. has agreed to acquire the renewal rights for a Navigators Europe book of predominantly of Dutch marine cargo, inland hull, land-based equipment and liability business from The...
AHT Insurance Acquires Mason & Mason Insurance
Jul 16 2020 // AHT Insurance has acquired Mason & Mason Insurance. Mason’s offices in Whitman, Mass., located near Boston, and North Conway, N.H., will become AHT’s eighth and ninth locations nationally. Mason’s...
Insurance Agency and Brokerage M&A Trends to Watch Amid the COVID-19 Pandemic
Jul 16 2020 // The COVID-19 pandemic has created challenges for many businesses across the globe, including the insurance industry. But so far, the insurance broker merger and acquisition (M&A) market has remained active even as the...
CIA-Leavitt Insurance Agency Acquires Goetz Insurors in Colorado
Jul 15 2020 // CIA-Leavitt Insurance Agency has acquired Goetz Insurors in Fort Morgan, Colo. Terms of the deal were not disclosed. Goetz Insurors provides insurance to north eastern Colorado and offers an equine insurance program...
Arthur J. Gallagher Acquires Boldt Risk Management Solutions in California
Jul 15 2020 // Arthur J. Gallagher & Co. has acquired Los Angeles, Calif.-based Boldt Risk Management Solutions. Terms of the deal were not disclosed. The BRMS team will join with Gallagher’s Glendale and Irvine offices, under...
P/C Insurance Agency M&A Deals Down 12% in First Half of 2020: Optis
Jul 15 2020 // There were 288 announced insurance agency mergers and acquisitions during the first half of 2020, down from 328 in 2019, according to a report from OPTIS Partners. It was the lowest six-month period total since...
