Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
BMS Signs Preferred Partner Agreement with Portuguese Specialty Broker Tagus
Apr 3 2020 // BMS Group, the independent specialist re/insurance broker, announced the conclusion of a preferred partner agreement with the new wholesale and specialty broker Tagus Specialty in Portugal. An ambitious production plan has...
World Insurance Associates Acquires Rhode Island’s Mazzotta Insurance Agency
Apr 2 2020 // World Insurance Associates LLC (WIA) acquired Mazzotta Insurance Agency of Providence, R.I., on March 1, 2020. Terms of the transaction were not disclosed. Since 1968, Mazzotta Insurance Agency has been a family-run...
Marsh & McLennan Acquires Illinois Independent Agency, Assurance
Apr 1 2020 // Marsh subsidiary Marsh & McLennan Agency LLC (MMA) has acquired Schaumburg, Illinois-based Assurance Holdings Inc. Terms of the acquisition were not disclosed. Founded in 1961, Assurance is a full-service brokerage...
CCG IQ Acquires Connecticut’s The UIS Group
Apr 1 2020 // CCG IQ, a provider of tech-enabled insurance services, has acquired The UIS Group. CCG IQ anticipates that the addition of this business will enhance its suite of services for insurance companies, according to a company...
Texas’ Insurance Agency Higginbotham Buys Delivery Meals for Service Workers
Mar 31 2020 // Fort Worth, Texas-headquartered insurance and financial services firm, Higginbotham, is purchasing meals from local eateries that have temporarily reduced their operations to take-out and delivery due to COVID-19 mandates....
Global M&A Plunges 28% in Q1 as Coronavirus Hits Economies
Mar 31 2020 // Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economic effects of the coronavirus pandemic took hold in March, compounding a slow start to the...
World Insurance Associates Acquires Texas’ TAB Insurance Agency
Mar 27 2020 // World Insurance Associates LLC (WIA), based in Tinton Falls, New Jersey, has acquired TAB Insurance Agency LLC of Frisco, Texas. Terms of the transaction were not disclosed. TAB Insurance Agency a full service, independent...
Hamilton Named Partner at Hotchkiss Insurance in Texas
Mar 26 2020 // Texas-based Hotchkiss Insurance, a full-service independent agency, has named Chris Hamilton as its newest partner. Hamilton has extensive experience as an employee benefits and risk management consultant, with previous...
Australia Firms Begin to Use Legal Clause to Terminate M&A Deals Amid Virus
Mar 26 2020 // Several Australian companies are reviewing or even terminating takeover deals by using a legal escape route because of the devastating impact of the coronavirus, a template that some lawyers expect to be replicated in...
Kirkland & Ellis Hires Hassouri in New York as Partner in Corporate Practice Group
Mar 25 2020 // Kirkland & Ellis LLP has hired Parimah Hassouri to its New York office as a partner in the Corporate Practice Group. Her appointment follows the recent addition of Rajab Abbassi as a partner in New York and bolsters...
Guy Carpenter Partners with RiskGenius to Expand Silent Cyber Analysis
Mar 25 2020 // Reinsurance broker Guy Carpenter & Co. has entered into a strategic relationship with RiskGenius to expand the detection and qualitative analysis of silent cyber exposure across various lines of business. RiskGenius...
ONI Risk Partners Adds Wood as Commercial Insurance Risk Advisor in Kentucky
Mar 25 2020 // ONI Risk Partners, an EPIC Company, has hired Brian Woods as a Commercial Insurance Risk Advisor in Kentucky. Wood will consult with mid-to-large commercial insurance clients in the Louisville area to identify, assess, and...
The Hilb Group Acquires Ohio’s Healthcare Liability Consultants Agency
Mar 24 2020 // The Hilb Group LLC (THG) has acquired Healthcare Liability Consultants Agency Inc., and hired owner and medical malpractice insurance specialist, Julie Paton, as a producer. Paton is based in Cleveland, Ohio. The...
World Insurance Associates Acquires Virginia Insurance Partners
Mar 24 2020 // World Insurance Associates LLC (WIA) has acquired Virginia Insurance Partners (VIP). The transaction was effective February 1, 2020, and terms of the deal were not disclosed. VIP is an independent insurance agency that...
Peachtree Special Risk Brokers Acquires Massachusetts’ RLA Insurance Intermediaries
Mar 24 2020 // Peachtree Special Risk Brokers LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of RLA Insurance Intermediaries. RLA Insurance Intermediaries was founded in 2010 by Jeff Hays and...
BMS Buys Spanish Specialist Insurance Broker Jurado Mata
Mar 24 2020 // BMS Group, the independent specialist re/insurance broker, announced its Spanish subsidiary, BMS Iberia, has acquired Jurado Mata, the Granada-based Spanish specialist insurance broker. Financial details of the transaction...
Centauri Insurance’s Rating Under Review After Termination of Avatar Acquisition
Mar 23 2020 // The Financial Stability Rating (FSR) of A, Exceptional, assigned to Louisiana’s Centauri National Insurance Co. by Demotech Inc. may be subject to change as Centauri National’s parent company, Centauri...
White Mountains’ NSM Insurance to Buy UK’s Kingsbridge Group
Mar 23 2020 // NSM Insurance Group (NSM), a Pennsylvania-headquartered managing general underwriting agency and program administrator for specialty insurance programs, has entered into a definitive agreement to acquire Kingsbridge Group...
Safeco Acquiring Republic’s Personal Lines Business in 6 States
Mar 23 2020 // AmTrust Financial Services said it will transfer to Liberty Mutual’s Safeco Insurance unit the renewal rights for the personal lines business in six states of Dallas-based Republic Group, an AmTrust company. The deal...
Lighthouse to Acquire Prepared Insurance of Florida
Mar 23 2020 // Lighthouse Property Insurance Corp. plans to acquire its sister carrier, Prepared Insurance Company (Prepared), from Prepared Holdings Group. Lighthouse is a Louisiana-domiciled property and casualty insurance carrier...
