Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Broker NFP Buys UK’s Johnson Fleming Group Ltd.
Apr 22 2020 // NFP Corp., the New York City-based insurance broker and consultant, announced the acquisition of Johnson Fleming Group Ltd. and Johnson Fleming Future Life Planning Ltd. (together, Johnson Fleming). The transaction closed...
Sompo Int’l Forms Agricultural Insurance Partnership with Portuguese MGA ATLAS
Apr 22 2020 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that its global agriculture platform, AgriSompo, has entered into a partnership with...
Alera Group Acquires Barkley Risk Management & Insurance in California
Apr 21 2020 // Alera Group has acquired Barkley Risk Management & Insurance in California. The Barkley team will continue serving clients in their existing roles. Terms of the deal were not disclosed. Barkley serves clients...
TWFG Acquires Personal, Commercial Business of Texas’ Panoptic Insurance
Apr 21 2020 // TWFG Insurance Services LLC (TWFG) has acquired the personal and commercial insurance business of The Woodlands, Texas-based Panoptic Insurance. The acquisition is effective April 17, 2020. Panoptic Insurance,founded in...
Alera Group Acquires Cambridge Benefit Solutions in Arizona
Apr 20 2020 // Alera Group has acquired Cambridge Benefit Solutions in Chandler, Ariz. Cambridge Benefit Solutions joins Alera Group through Benefit Commerce Group. Terms of the deal were not disclosed. Deerfield, Ill.-based Alera...
Alera Group Acquires Maryland’s Georgetown Insurance Service
Apr 16 2020 // Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc., effective March 1, 2020. The Georgetown Insurance team will...
Howden Broking Group Buys Greece’s Matrix Insurance & Reinsurance Brokers
Apr 16 2020 // Howden Broking Group, the London-based independent specialty broker, announced it has acquired Matrix Insurance and Reinsurance Brokers in Greece. Financial details of the deal were not disclosed. Founded in 2003 and...
One80 Intermediaries Acquires Ohio’s International Excess Program Managers
Apr 14 2020 // One80 Intermediaries (One80), a national wholesale insurance broker and program manager headquartered in Boston, has acquired Beachwood, Ohio-based International Excess Program Managers (IEPM), a wholesale insurance...
DOXA Acquires Specialty Insurance Agencies in Florida, Missouri
Apr 13 2020 // Specialty insurance agencies Lawrence E. Smith & Associates (LESA) of greater St. Louis, Mo., and Scholastic Insurance of Florida (SIF) of greater Orlando, Fla., have been acquired by DOXA Insurance Holdings LLC...
Woodlands Insurance Acquiring Gulfstream’s Texas Homeowners Renewal Rights
Apr 13 2020 // The Woodlands Insurance Co. (TWICO) has completed a renewal rights agreement with Florida’s Gulfstream Property & Casualty Insurance Co. (Gulfstream) to acquire Gulfstream’s book of homeowner business in...
India’s Future Group to Sell Stake in Insurance Joint Venture with Generali
Apr 13 2020 // India’s Future Group has picked UBS Group AG to lead the sale of its stake in an insurance joint venture with Italy’s Assicurazioni Generali SpA, according to people familiar with the matter. Future Group is...
Vitech Systems Group Forms Strategic Partnership with Innovation Underwriters
Apr 9 2020 // Vitech Systems Group has formed a strategic partnership with Innovation Underwriters (IU), a not-for-profit collaborative focused on promoting innovation within the insurance industry. Innovation Underwriters supports...
Strategic Agency Partners Launches in Eastern Pennsylvania and New Jersey
Apr 9 2020 // Several insurance agencies are joining resources to launch Strategic Agency Partners (SAP), an insurance agency network with a geographic footprint in eastern Pennsylvania and New Jersey. The founding agencies, located in...
PartnerRe’s Parent EXOR Vows to Go Ahead with Deals Despite Pandemic
Apr 9 2020 // The boss of EXOR showed confidence on Wednesday in the success of three transformative deals set to reshape its multi-billion portfolio of corporate holdings, despite being caught at mid-air by the coronavirus crisis. In a...
Flood Disaster Declaration Declared for Oregon, Funding Available
Apr 8 2020 // The Federal Emergency Management Agency says Oregon will receive federal help for flooding and storms that happened in February in the northeastern section of the state. Federal disaster assistance will supplement state,...
Hong Kong-Based Peak Re to Acquire Bermuda ILS Asset Manager Lutece
Apr 8 2020 // Peak Reinsurance Co. Ltd. has entered into definitive agreements to acquire 100% of the capital of Lutece Holdings Ltd. and its subsidiary Lutece Investment Management Ltd., a Bermuda-based insurance linked securities...
Stresses of COVID-19 Hit Businesses, Their Insurers, so Partnership Is Needed: FERMA
Apr 7 2020 // The Federation of European Risk Management Associations (FERMA) has called for enhanced understanding of the insurance needs of European businesses to help them get through the pandemic and recover afterwards. “Many...
InterWest Acquires CBS Bond & Insurance Services in California
Apr 6 2020 // InterWest Insurance Services has acquired CBS Bond & Insurance Services in Sacramento, Calif. Terms of the deal were not disclosed. CBS specializes in bond and commercial insurance programs. InterWest is a regional...
A Banner Year for Insurance M&A Activity
Apr 6 2020 // Fueled by continued, albeit moderate, economic growth in a historically low interest rate environment and an increase in the number of well-capitalized acquirors, deal-making in the insurance distribution sector hit yet...
Oklahoma’s Insurance Risk Partners Joins BRP Group
Apr 3 2020 // Oklahoma City-based Insurance Risk Partners (IRP) has entered into a partnership with BRP Group Inc. to become part of their BKS-Partners operating group. IRP was formed in 2016 by industry veterans Paul and David Brown,...
