Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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,...
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...
