Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
BRP Group Acquires Pendulum in New Mexico
May 1 2020 // A subsidiary of BRP Group Inc. has acquired the assets comprising the risk assessment and consulting business of Pendulum LLC, an Albuquerque, N.M.-based firm. The business acquired from Pendulum generated annual revenues...
Beazley Expands M&A Insurance Team with 5 New Underwriters, Geographies
Apr 29 2020 // Specialist insurer Beazley has expanded its mergers & acquisitions (M&A) team with new locations and the appointment of five new underwriters. This follows several years of continuous growth in underwriting...
Berkley Program Specialists Partners with Ohio’s IEPM
Apr 28 2020 // Berkley Program Specialists, a Berkley Company dedicated exclusively to program business, has entered into a partnership with Beachwood, Ohio-based International Excess Program Managers (IEPM), a division of One80...
World Insurance Associates Acquires Connecticut’s Martin & Rowland Insurance
Apr 27 2020 // World Insurance Associates LLC (WIA) has acquired Martin & Rowland Insurance Inc. of Prospect, Conn., on April 1, 2020. Terms of the transaction were not disclosed. Established in 1845, Martin & Rowland Insurance...
XPT Specialty Acquires Texas MGA, LP Risk
Apr 24 2020 // XPT Partners LLC has acquired Texas-based LP Risk Inc., a full service managing general agency (MGA) and surplus lines broker with a wide range of commercial property/casualty coverages distributed to retail agents through...
K2 Insurance Agrees to Acquire Pioneer Underwriters’ Portfolio
Apr 24 2020 // Pioneer Underwriters, the managing general agency, and K2 Insurance Services LLC, the specialty insurance services holding company, announced they have signed terms for a portfolio transfer, to facilitate K2’s...
Key Lawmaker Eyes Ban on Mergers to Protect Small Firms During Coronavirus Crisis
Apr 23 2020 // The chair of the House Judiciary Committee’s antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about...
AssuredPartners Acquires Transportation Insurance Advisors of Florida
Apr 23 2020 // AssuredPartners, Inc. has acquired Transportation Insurance Advisors, LLC located in Sanford, Fla. The team of 55 will remain under the operational leadership of Scott Light. The agency currently reports $14 million in...
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...
