Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
World Insurance Associates Acquires Novak Agency Insurors of Florida
Aug 7 2020 // World Insurance Associates LLC (WIA) acquired Novak Agency Insurors of Largo, Fla., on June 1, 2020. Terms of the transaction were not disclosed. Novak Agency Insurors will be managed out of WIA’s Saint Petersburg...
World Insurance Associates Acquires New Jersey’s JF Murray Co.
Aug 6 2020 // World Insurance Associates LLC (WIA) has acquired JF Murray Co. Inc. of Point Pleasant, N.J., on July 1, 2020. Terms of the transaction were not disclosed. JF Murray Co. provides clients with complete insurance solutions...
Legacy Specialist DARAG Buys Luxembourg Auto and Travel Insurer, Arisa Assurances
Aug 6 2020 // DARAG Group Ltd., the Malta-based legacy acquirer, announced the acquisition of Arisa Assurances SA, an automobile and travel insurance company based in Luxembourg. The transaction will be conducted through DARAG’s...
Gallagher Buys Canada Retail Broker Insight Insurance
Aug 6 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Edmonton, Alberta-based Insight Insurance & Risk Management Ltd. Terms of the transaction were not disclosed. Founded...
World Insurance Associates Acquires New York’s Loveman, Kornreich & Steers
Aug 5 2020 // World Insurance Associates LLC (WIA) acquired Loveman, Kornreich & Steers Inc. of White Plains, N.Y., on July 1, 2020. Terms of the transaction were not disclosed. Loveman, Kornreich & Steers specializes in a...
Sampo Group and S. African Investor to Acquire UK Insurer Hastings for $2.2B in Cash
Aug 5 2020 // UK insurer Hasting Group Holdings has agreed to a £1.66 billion (US$2.2 billion) cash acquisition by Finnish insurer Sampo and Rand Merchant Investment Holdings Ltd., a South African financial services investment...
Worldwide Facilities Acquires Clearwater Underwriters of Florida
Aug 5 2020 // Worldwide Facilities, LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Clearwater Underwriters, Inc., a surplus lines MGA based in Clearwater, Fla. Clearwater...
Allianz Global Corporate & Specialty Sells U.S. Products Recall Business to Axon
Aug 5 2020 // New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall...
One80 Intermediaries Acquires National Underwriting Services in Texas
Aug 4 2020 // One80 Intermediaries has acquired National Underwriting Services Inc. in San Antonio, Texas. Terms of the deal were not disclosed. National Underwriting Services is a specialty underwriter of medical stop loss coverage for...
EXOR and Covéa ‘Normalize’ Relations After Failed PartnerRe Deal
Aug 4 2020 // Italy’s EXOR said on Monday that French insurer Covéa had agreed to invest a total of 1.5 billion euros ($1.8 billion), partly in entities managed by PartnerRe, after walking away from a deal to buy the reinsurer...
USI Insurance Services Acquires Colburn Group Insurance in Michigan
Aug 3 2020 // USI Insurance Services has acquired Troy, Mich.-based Colburn Group Insurance. Terms of the deal were not disclosed. All of the agency’s team members, including Harry Colburn, chairman, and Pamela Haron, president,...
NFP Acquires New York’s Rose & Kiernan
Aug 3 2020 // NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has acquired Rose & Kiernan Inc. in a transaction that closed effective August 1,...
PSA Insurance and Financial Services Acquires Maryland’s H.U. Dove & Company
Aug 3 2020 // PSA Insurance and Financial Services (PSA), an independent insurance brokerage firm, has acquired H.U. Dove & Company, a 175 year old Baltimore-based company. The acquisition was final as of April 1, 2020. To better...
Insurance Broker PCF Acquires Avidity Insurance in Kansas
Jul 31 2020 // PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Avidity Insurance, an Overland Park, Kansas-based independent insurance agency founded in 2013 by Will Wilson. Avidity offers home, auto,...
First Fidelity Brokerage of N.Y., Moulton Insurance of Mass., Acquired by PCF
Jul 31 2020 // PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired two brokerages based in the Eastern U.S. The brokerages that have joined PCF include: First Fidelity Brokerage, a New York City-based...
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...
