Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
World Insurance Associates Acquires Pinnacle Insurance Group of Indiana
Jul 1 2020 // World Insurance Associates LLC (WIA) has acquired Pinnacle Insurance Group of Indiana. Terms of the transaction were not disclosed. Since 1942, Pinnacle Insurance Group of Indiana has been a trusted insurance and risk...
Austin’s AgencyKPI Secures $5M in Funding from Insurance Industry
Jun 30 2020 // AgencyKPI, which has developed a business intelligence platform designed to address and manage the abundance of data produced by multiple software programs and legacy systems across the insurance industry, has closed on $5...
Mining Groups Should Be Required to Buy Insurance for Tailings Dams: Report
Jun 30 2020 // Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held legally responsible for any disasters, a coalition of 140 environmental groups said in a report...
Data and Analytics Firm CoreLogic Weighs Unsolicited Acquisition Bid
Jun 29 2020 // Data and analytics firm CoreLogic disclosed it has received an unsolicited acquisition bid from an investment firm and hedge fund. Cannae Holdings and Senator Investment Group offered to acquire all outstanding common...
Italy’s Generali Eyes Possible Acquisition of U.S. Asset Manager Brightsphere: Sources
Jun 29 2020 // Assicurazioni Generali SpA has approached Brightsphere Investment Group Inc about a possible acquisition of the U.S. asset management firm, people familiar with the matter said on Friday. A deal would expand the U.S....
Arthur J. Gallagher Acquires Cunnington & Associates in Idaho
Jun 29 2020 // Arthur J. Gallagher & Co. has acquired Meridian, Idaho-based Cunnington & Associates Inc. Greg and Nick Cunnington and their associates will continue to operate from their current location under the direction of...
Italy’s Generali Moves to Become Cattolica Major Shareholder, Strategic Partner
Jun 26 2020 // Italy’s largest insurer Assicurazioni Generali SpA said it will become a major shareholder in Cattolica Assicurazioni SC and a strategic partner with Cattolica in several areas of mutual opportunity. Generali said it...
Do Police Officers Need to Buy Professional Liability?
Jun 24 2020 // I read an interesting article today on Insurance Journal (of course) about plans to reform law enforcement in Minneapolis. What interested me the most was that some groups were advocating making police officers carry...
The Plexus Groupe Acquires Florida’s Community Insurance Group
Jun 24 2020 // The Plexus Groupe, a privately held broker, has acquired Community Insurance Group (CIG) of Brandon, Fla. This is the first entrance into the Florida market for Plexus, which has locations in Atlanta, Chicago, Dallas, Los...
Alliant Hires Schoenberg as Co-Leader of Its Mergers & Acquisitions Division
Jun 24 2020 // Alliant has hired Dan Schoenberg as co-leader of Alliant Mergers & Acquisitions. Schoenberg has experience in representations and warranties insurance, tax insurance and litigation insurance, as well as insuring other...
World Insurance Associates Acquires New York’s Millennium Medical Solutions Corp.
Jun 24 2020 // World Insurance Associates LLC (WIA) acquired Millennium Medical Solutions Corp. of Armonk, N.Y., on June 1, 2020. Terms of the transaction were not disclosed. Millennium Medical Solutions Corp. is an employee benefits...
Arthur J. Gallagher & Co. Acquires Florida’s Barrett, Liner & Buss
Jun 24 2020 // Arthur J. Gallagher & Co. has acquired Ocala, Fla.-based Barrett, Liner & Buss LLC. Terms of the transaction were not disclosed. Founded in 1981, Barrett, Liner & Buss offers a range of employee benefit...
Prime Property & Casualty Insurance Inc. Provides Partnership Approach to the Commonwealth of Massachusetts Commercial Auto Market
Jun 24 2020 // Chicago, IL, June 24, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing...
BenefitMall in Texas Partners with Benefits and Security Provider, CyberScout
Jun 23 2020 // Dallas-based employee benefits provider, BenefitMall, has partnered with CyberScout, a provider cybersecurity, identity theft resolution and employee benefits services. BenefitMall brokers will now be able to offer...
UK Insurance Broker Ardonagh Group Secures $2 Billion Loan for Acquisitions
Jun 23 2020 // UK insurance broker The Ardonagh Group has secured the largest-ever loan from a group of private credit funds led by Ares Management, according to a statement by the lender. The group is refinancing its debt with a 1.575...
Relation Insurance Acquires Summers Thompson Lowry of North Carolina
Jun 23 2020 // Relation Insurance Services, a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States,...
Online Used Car Retailer Shift Talking Merger With Insurance Acquisition
Jun 22 2020 // Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp., according to people familiar with the matter. The companies could announce a transaction...
Bold Penguin Partners with Ohio’s State Auto on Commercial Insurance
Jun 19 2020 // Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its platform, expanding its commercial auto insurance offering launched in...
Insurtech Buckle Acquires Atlas Financial’s Commercial Auto Subsidiary, Gateway
Jun 17 2020 // Buckle, an insurtech startup focused on rideshare insurance, has acquired Gateway Insurance Co., a subsidiary of Schaumburg, Illinois-based Atlas Financial Holdings, for an undisclosed price. The move allows Buckle to...
Lighthouse Completes Merger with Florida’s Prepared Insurance Co.
Jun 17 2020 // Lighthouse Property Insurance Corp. has completed its previously announced merger plans with sister carrier, Prepared Insurance Co. Lighthouse will assume the Prepared portfolio and write directly in the state of Florida,...
