Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Trump Signs Month-Long Government Funding That Includes Flood Insurance Program
Nov 21 2019 // President Donald Trump signed legislation on Thursday that will extend funding for a wide range of federal agencies through Dec. 20 and avoid partial government shutdowns that otherwise would have begun on Friday. An...
Arthur J. Gallagher Subsidiary, Artex Risk, Acquires Texas’ EWI Re
Nov 21 2019 // Artex Risk Solutions Inc., a captive and alternative risk transfer specialist subsidiary of Rolling Meadows, Illinois-based global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher...
Iowa’s Premier Advisors Acquired by Accel Holdings
Nov 21 2019 // Accel Wealth Management LLC, a financial services division of Accel Holdings Inc., has acquired Premier Advisors LLC, an independent financial management consulting firm located in Cedar Rapids, Iowa. The Accel Group, an...
The Hilb Group Acquires North Carolina’s Employee Benefit Advisors of the Carolinas
Nov 21 2019 // The Hilb Group LLC (THG) has acquired North Carolina-based Employee Benefit Advisors of the Carolinas LLC (EBA). The transaction became effective November 1, 2019. Located in Charlotte, N.C., EBA is a full-service employee...
Aon to Acquire CoverWallet, Small-Medium Business Digital Insurance Agency
Nov 20 2019 // Global insurance broker Aon has agreed to acquire CoverWallet, a leading digital insurance platform for small and medium-sized businesses. The acquisition provides Aon with additional access to what it sees as a...
Hub International Acquires Assets Of New York-Based JW Retirement Group
Nov 20 2019 // Hub International Limited, a global insurance brokerage, has acquired a brokerage services and investment advisory book of business from William Peragine III and John Biondo, previously dba together as The JW Retirement...
Federal Reserve Approves BB&T and SunTrust Banks Merger
Nov 19 2019 // The Federal Reserve Board on Tuesday approved the application by BB&T Corp. of Winston-Salem, North Carolina, to merge with SunTrust Banks, Inc. of Atlanta, Georgia. The merged entity will be called Truist Financial...
Risk Strategies Acquires Thomas McGee Group in Missouri
Nov 19 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Thomas McGee Group (TMG), a Missouri-based full-service brokerage with specialty capabilities for large accounts, group...
Data Firm Palantir’s Partnership with Japan’s Sompo Insurance Targets Health, Cyber
Nov 18 2019 // Silicon Valley data analytics company Palantir Technologies Inc. has established a joint venture with Japanese insurance holding company Sompo Holdings Inc. that will initially focus on health and cybersecurity clients,...
Demand for M&A Insurance Sees Significant Growth: Aon
Nov 18 2019 // An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds...
USI Acquires Alfred J. Davis Company in Oregon
Nov 15 2019 // USI Insurance Services has acquired Portland, Ore.-based insurance agency Alfred J. Davis Co. Terms of the deal were not disclosed. The agency’s employees and business operations will be integrated with USI’s...
Inszone Insurance Services Acquires Jones Wilson Insurance in Arizona
Nov 15 2019 // Inszone Insurance Services has acquired Jones Wilson Insurance in Benson, Ariz. Terms of the deal weren’t disclosed. Jones Wilson Insurance becomes the third acquisition for Inszone Insurance in Arizona this...
Generali Launches Art Insurance Unit, Aiming to Be ‘Partner for Life’ for Collectors
Nov 14 2019 // Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ($2.6 million) was...
Allianz Forms Partnership with Microsoft, Aiming to Transform Insurance Processes
Nov 14 2019 // Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and...
Ohio’s Zito Insurance Agency Acquired by Risk Strategies
Nov 13 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Zito Insurance Agency, a full service firm headquartered in Mentor, Ohio, northeast of Cleveland. Terms of the deal...
Alera Group Acquires Pennsylvania’s Capital Region Benefits
Nov 13 2019 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Capital Region Benefits, effective November 1, 2019. Capital Region Benefits, an independent...
The Hilb Group Acquires Massachusetts’ Gould & Naimoli Partners
Nov 13 2019 // The Hilb Group LLC (THG) has acquired Massachusetts-based Gould & Naimoli Partners LLC/G&N Insurance (G&N). The transaction became effective November 1, 2019. G&N is a property and casualty insurance agency...
Markel to Acquire Virginia’s VSC Fire & Security
Nov 12 2019 // Markel Corporation and VSC Fire & Security Inc. have entered into a definitive agreement for Markel to acquire VSC. The transaction is subject to customary closing conditions and is expected to close in the fourth...
PointeNorth Acquires Berger & O’Neal, Holmes-Shaw Agencies of Georgia
Nov 12 2019 // PointeNorth Insurance Group, LLC (PNIG), a locally owned independent insurance agency in the Southeast, has acquired two additional insurance agencies in Georgia － Berger & O’Neal Insurance Group and...
McDermott Costa Acquires A.B. Stevenson in California
Nov 8 2019 // McDermott Costa Insurance has acquired A.B. Stevenson Insurance Brokerage based in San Leandro, Calif. Terms of the deal weren’t disclosed. A.B. Stevenson offers both personal and commercial insurance, including...
