Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
New UK Broker McGill & Partners Grows Rapidly in First 6 Months of Trading
Dec 17 2019 // New boutique risk solutions business McGill and Partners has grown rapidly in its first six months of trading following “a successful talent acquisition strategy and significant client wins,” the company...
Alliant Insurance Services Acquires TCOR Management in Texas
Dec 17 2019 // Alliant Insurance Services has acquired TCOR Management, a Texas-based risk management firm. The acquisition will expand the Alliant Energy & Marine talent base by 50 specialists and broaden the surety footprint across...
USI Insurance Services Acquires Nebraska’s Marcotte Insurance Agency.
Dec 16 2019 // USI Insurance Services (USI) has acquired the Omaha, Nebraska-based benefits, retirement and risk management advisory firm, Marcotte Insurance Agency Inc. Terms of the transaction were not disclosed. Founded in 1927,...
Applied Systems to Acquire Indio to Digitize Commercial Lines Sales
Dec 16 2019 // Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies. The move will enable Applied Systems to offer Indio’s digitized commercial insurance...
North Korean Hackers Found Partnering With Eastern European Cyber Criminals
Dec 12 2019 // North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that suggests digital gangsters and state-backed spies are finding common ground...
Bronze 2019 Best Agency to Work for Southeast – BKS Partners
Dec 12 2019 // Commitment to Culture Those working for BKS-Partners aren’t just employees – they are referred to as colleagues company-wide, and they really love where they work. More than 90 of the company’s 450-plus...
Risk Strategies Acquires New England-Based Subsidiaries of Gowrie Holdings
Dec 11 2019 // Risk Strategies, a privately held national insurance brokerage and risk management firm, has acquired the two subsidiaries of Gowrie Holdings Inc. (GHI). The acquisitions include both Gowrie Group, a full-service national...
Nationwide Inks Pact to Become ‘Official Insurance Partner’ of Minor League Baseball
Dec 10 2019 // Minor League Baseball (MiLB) and insurer Nationwide have a new partnership making the Columbus, Ohio-based carrier the “Official Insurance Partner of Minor League Baseball.” Financial terms of the agreement...
World Insurance Associates Acquires New York’s J & S Risk Planning Group
Dec 10 2019 // World Insurance Associates LLC (WIA) acquired J & S Risk Planning Group LLC of Wantagh, N.Y., on November 1, 2019. Terms of the transaction were not disclosed. Founded in 2009, J & S Risk Planning Group LLC...
Brown & Brown to Acquire Canadian MGA Special Risk Insurance Managers
Dec 10 2019 // Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special Risk Insurance Managers (SRIM). The transaction is expected to close effective January...
U.K. Investment Firm Centricus Forms Insurance Venture with Ex-Goldman Partner
Dec 6 2019 // Centricus, the U.K. investment firm that helped SoftBank Group Corp. raise its $100 billion Vision Fund, is entering the insurance industry by forming a joint venture with former Goldman Sachs Group Inc. partner Chris...
Worldwide Facilities Acquires Risk Management Advisory Group of Florida
Dec 6 2019 // Worldwide Facilities, LLC, a national wholesale insurance brokerage, managing general agency and program manager, has acquired Risk Management Advisory Group (RMAG), a managing wholesale broker based in Miami Lakes, Fla.,...
Hub Acquires Assets of California-Based Blair Jarcik Insurance Agency
Dec 5 2019 // Hub International Ltd. has acquired the assets of Novato, Calif.-based Blair Jarcik Insurance Agency Inc. Blair Jarcik, president of Blair Jarcik Insurance Agency, will join Hub California and report to Bryan Costello, San...
Cybersecurity Provider Coronet, Coalition Partner on Small Business Cyber Product
Dec 5 2019 // Small business cybersecurity provider Coronet has partnered with Coalition, a cyber insurance provider for small and midsized businesses, to offer cyber insurance to Coronet customers. The partnership combines...
MetLife to Enter Pet Insurance Market with Acquisition of PetFirst Program
Dec 5 2019 // MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that currently distributes its pet insurance products through animal welfare agencies, direct-to-consumer channels and...
Trov, U.K.’s Lloyds Banking Group Partner on Digital Renters Insurance App
Dec 5 2019 // Trov has rolled out its digital renters insurance application, an end-to-end product brought to market by a unit of Lloyds Banking Group in the U.K. Trov, an insurance technology company, said the product enables renters...
Arthur J. Gallagher & Co. Acquires Australia’s Blueleaf Consulting
Dec 5 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of North Sydney, New South Wales, Australia-based Blueleaf Consulting Pty Ltd. Terms of the transaction were not...
Legacy Specialist Catalina Holdings to Acquire Asia Capital Reinsurance Group
Dec 5 2019 // Catalina Holdings (Bermuda) Ltd., the legacy re/insurance specialist, has reached an in principle agreement to acquire Asia Capital Reinsurance Group Pte. Ltd. (ACR), a Singapore-based reinsurance business. The acquisition...
Hub International Acquires Nebraska Brokerage, SilverStone Group
Dec 5 2019 // Global insurance brokerage Hub International Limited (Hub) has acquired Nebraska-based insurance brokerage SilverStone Group (SilverStone). Terms of the transaction were not disclosed. With SilverStone, the company creates...
EPIC Completes Acquisition of Atlanta-Based Prime Risk Partners
Dec 5 2019 // EPIC Insurance Brokers & Consultants and Prime Risk Partners Inc. have officially joined forces. The transaction previously announced on October 15 has closed. Prime Risk Partners will bring insurance professionals...
