Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Insurtech M&A: Applied Systems to Acquire Indio to Digitize Commercial Lines Sales
Dec 4 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...
Verisk Signs Agreement to Acquire New Jersey’s FAST
Dec 4 2019 // Verisk, a Jersey City, N.J.-headquartered data analytics provider, has signed a definitive agreement to acquire FAST, a privately held software company for the life insurance and annuity industry based in Iselin, N.J. FAST...
World Insurance Associates Acquires Texas’ McMillan Insurance Group
Dec 4 2019 // World Insurance Associates LLC (WIA) has acquired McMillan Insurance Group of Fort Worth, Texas. Terms of the transaction were not disclosed. Founded in 2011, McMillan Insurance Group provides customized commercial...
FedNat Completes Acquisition of 1347 Property Insurance Homeowners Operations
Dec 4 2019 // FedNat Holding Company (FNHC), an insurance holding company, has completed its acquisition of the homeowners insurance operations of 1347 Property Insurance Holdings, Inc. (PIH), consisting of Maison Insurance Co., Maison...
Alliant Acquires Buck & Affiliates in Washington
Dec 3 2019 // Alliant Insurance Services Inc. has acquired Spokane, Wash-based Buck & Affiliates. Gary Buck, president and CEO, along with the entire Buck & Affiliates team, will join Alliant and continue serving clients from...
A.J. Gallagher Acquires Pacific Northwest Marine Business of Brown & Brown
Dec 3 2019 // Arthur J. Gallagher & Co. has completed a transaction for the Pacific Northwest marine business team of Brown & Brown of Washington Inc. and to assume the associated marine book of business. Terms of the deal were...
Hub International Acquires HMBD Insurance Services in California
Dec 3 2019 // Hub International has acquired Long Beach, Calif.-based Hamman-Miller-Beauchamp-Deeble Inc. d/b/a HMBD Insurance Services. HMBD leadership Dan Roddy, President, and Vice Presidents Todd Miller, Travis England, Jay Semaan...
Generali’s Talks to Buy MetLife’s Europe Assets Stall over Price Differences: Sources
Dec 3 2019 // Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters. Generali,...
ISMIE Mutual Completes Merger with Southeast Michigan Physicians’ Insurance
Dec 3 2019 // The ISMIE Mutual Insurance Co. has completed a merger with the Southeast Michigan Physicians’ Insurance Co. (SEMPIC) after receiving all required regulatory approvals, the company announced. SEMPIC has been providing...
Arch Capital Group Finalizes Acquisition of Barbican Group Holdings
Dec 2 2019 // Arch Capital Group Ltd. announced the completion of its previously disclosed acquisition of Barbican Group Holdings Ltd. (Barbican), including Barbican Managing Agency Ltd., Lloyd’s Syndicate 1955, Castel...
Zurich CEO Says Big Transnational M&As Won’t Solve Industry Fragmentation: Report
Dec 2 2019 // The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe’s fifth-biggest insurer Zurich said in a newspaper interview on Thursday [Nov...
Michigan State, AF Group Partner on Master’s Certificate in Quantitative Risk Analytics
Dec 2 2019 // Lansing, Mich.-based AF Group and Michigan State University (MSU) Department of Statistics and Probability have teamed up to offer a master’s-level certificate in Quantitative Risk Analytics exclusively to AF Group...
Patriot Growth Insurance Services Acquires Shapiro Insurance Group of Florida
Dec 2 2019 // Patriot Growth Insurance Services, LLC, a national insurance agency, has added Shapiro Insurance Group (SIG) to its platform. The partnership with SIG marks Patriot’s entry into the Florida marketplace and...
Wholesale Broker H.W. Kaufman Acquires UK MGA Barbican Protect
Nov 27 2019 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Barbican Protect Ltd., as part of its continued expansion into the UK market, subject to...
AXA XL Buys London-Based Title Insurance Agency, Agrees to Buy Mexico Title Insurer
Nov 27 2019 // AXA XL announced it has completed the acquisition of Secure Legal Title Ltd., a London-based insurance agency and Lloyd’s approved coverholder, with operations in the U.K., Europe, India and the Americas. Founded in...
AssuredPartners Acquires Surety Solutions Insurance Services in California
Nov 25 2019 // AssuredPartners Inc. has acquired Surety Solutions Insurance Services Inc. of Rancho Cordova, Calif. The team of 15 will remain under the leadership of John Page and Ryan Tash. Surety Solutions is licensed in all 50...
Chubb to Buy Additional Stake in China’s Huatai Insurance for $1.53B
Nov 25 2019 // Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53 billion), as it looks to bank on a rapidly growing sector in the...
Home Insurance Insurtech Hippo Buys Home Services Startup Sheltr
Nov 25 2019 // Digital home insurance managing general agency Hippo Insurance has acquired an early-stage startup in a bid to beef up its digital home insurance services for clients, Carrier Management reported. The insurtech said it...
Arch Re to Buy Aspen Re’s Global Credit and Surety Reinsurance Business
Nov 22 2019 // Arch Reinsurance, a subsidiary of Arch Capital Group Ltd., is acquiring Aspen Reinsurance’s global credit and surety reinsurance business after Aspen Re decided to exit the line. In addition to the renewal rights on...
MRI Software Acquires Ohio’s Multifamily Insurance Partners
Nov 22 2019 // MRI Software (MRI), a global provider of real estate software, has acquired Ohio-based Multifamily Insurance Partners, which provides resident insurance programs for the US multifamily rental market. The launch of MRI...
