Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Why Tech Matters in M&A
Oct 21 2024 // Technology and AI innovation makes an impact when it comes to merger and acquisition decision, according to Brooke DeWyze, chief development officer for Trucordia, formerly PCF Insurance Services. DeWyze, who spends her...
Aon’s NFP Acquires Irish Financial, Benefits and Insurance Advisory Firm
Oct 17 2024 // NFP, an Aon company and insurance brokerage, announced it has acquired IHI Group, the Dublin-based advisory firm that specializes in financial planning, healthcare and general insurance needs. Philip Brennan, CEO of IHI...
FTC Finalizes New Merger-Filing Requirements
Oct 17 2024 // The U.S Federal Trade Commission on Oct. 10 finalized changes to a rule that determines what information companies must hand over when seeking clearance for proposed mergers, paring back a proposal that drew criticism from...
Ardonagh Completes A$2.3B Acquisition of Australia’s PSC Insurance Group
Oct 15 2024 // The Ardonagh Group, the London-based independent insurance distribution platform, announced it has completed the A$2.3 billion (US$1.6 billion) acquisition of PSC Insurance Group Ltd. The completion of the acquisition in...
Specialist Risk Group Launches APAC Unit in Singapore, Buys Local Broker
Oct 15 2024 // Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced its launch in Asia Pacific with a new subsidiary in Singapore. As the first...
People Moves: Galla Joins Alliant as EVP, Alliant M&A; EPIC Expands Leadership in Northern California
Oct 15 2024 // Galla Joins Alliant Insurance Services as Executive Vice President, Alliant M&A Pete Galla Pete Galla joined Alliant Insurance Services as executive vice president and senior director, Alliant Specialty, within the...
Inszone Acquires San Antonio Insurance Services
Oct 11 2024 // Inszone Insurance Services announced its acquisition of San Antonio Insurance Services, Texas-based agency known for its strong focus on trucking insurance and a broad array of property and casualty solutions. Founded in...
Hub Acquires Texas’ WestStar Insurance
Oct 9 2024 // Hub International Limited (Hub) and WestStar Bank (WestStar), the leading community financial institution in the Borderplex Region, jointly announced the sale of the assets of WestStar Insurance Agency, Inc. (WestStar...
NFP Acquires Indiana’s Miller Insurance Group
Oct 9 2024 // NFP, an Aon company and property and casualty (P&C) broker, benefits consultant, wealth manager and retirement plan advisor, announced the acquisition of Richard S. Miller & Sons, Inc. dba Miller Insurance Group...
Optio Acquires Italian MGA Heca
Oct 9 2024 // Optio Group, the London-based specialty managing general agent, announced it has acquired a strategic investment in the Italian MGA, Heca S.r.l., for an undisclosed sum. Founded in 2010 in Ortona, the province of Chieti in...
Shin Kong Shareholders Approve Merger With Smaller Rival
Oct 9 2024 // Shin Kong Financial Holding Co. secured shareholder approval for its merger with Taishin Financial Holding Co., creating the fourth-biggest financial conglomerate in Taiwan. The results were announced Wednesday after both...
Hub Acquires Missouri’s AIG Agency
Oct 8 2024 // Hub International Limited (Hub) announced that it has acquired the assets of AIG Agency Inc. (d/b/a Associated Insurance Group). Terms of the transaction were not disclosed. Located in Maryland Heights, Missouri,...
Court Orders Start to Expose ‘Startling’ Data on Litigation Funding Sources
Oct 8 2024 // There is no federal law that requires the disclosure of litigation funding agreements in court cases, but some disturbing insight has been found in individual jurisdictions that have rules to increase transparency,...
Inszone Acquires Schmoekel Insurance Agency in California
Oct 8 2024 // Inszone Insurance Services acquired Schmoekel Insurance Agency Inc. in Sacramento, California. Founded in 1948 by Max Schmoekel, Schmoekel Insurance Agency was initially known as a non-standard insurance agency,...
Bowen, Miclette & Britt Acquires Texas’ M Surety Services
Oct 7 2024 // Bowen, Miclette & Britt Insurance Agency, LLC (BMB) has completed the acquisition of M Surety Services, a provider of contract surety bonds. BMB said the acquisition further strengthens its position in the surety bond...
Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low
Oct 7 2024 // The first half of 2024 set a 15-year low for insurance carrier mergers and acquisitions, according to Clyde & Co’s latest Mid-Year Growth Report. The number of insurance carrier M&A transactions completed in...
Optio to Acquire Luxembourg-Based Film and Events MGA, Circles Group
Oct 4 2024 // Optio Group, the London-based specialty managing general agent, announced it has acquired the Luxembourg-based MGA, Circles Group for an undisclosed sum, subject to regulatory approval. The acquisition of Circles,...
FEMA Doesn’t Have Enough Funding to Last Through Hurricane Season, Mayorkas Warns
Oct 4 2024 // The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the hurricane season, Homeland Security Secretary Alejandro Mayorkas told reporters Wednesday. The agency...
Brown & Brown Acquires Minnesota’s The Canopy Group
Oct 3 2024 // Brown & Brown announced the acquisition of the assets of The Canopy Group, a a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le...
McGriff Amps Up SE Benefits Offerings With Acquisition of Amity in Tampa
Oct 3 2024 // McGriff, a large retail insurance brokerage headquartered in Charlotte, announced it has acquired Amity Benefits, an employee benefits brokerage based in Tampa. Amity, founded in 2017, has specialized in the auto dealer...
