Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Salus Workers’ Compensation Acquires Omaha’s Method Insurance Services
Oct 8 2019 // Salus Workers’ Compensation LLC (Salus), a managing general agent (MGA) and third-party administrator (TPA), has completed its acquisition of Method LLC d/b/a Method Insurance Services (Method), a full-service...
CFC Acquires Cyber Incident Response Provider, Solis Security, in Austin
Oct 8 2019 // CFC, a UK-based specialist insurance provider and pioneer in emerging risk, has expanded its in-house cyber incident response capabilities with the acquisition of Solis Security, an incident response provider headquartered...
Insurtech FRISS and Munich Re Extend Partnership to Support Insurers Fighting Fraud
Oct 8 2019 // FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re to now support insurers in their fight against fraud. Following their...
Hub Acquires Assets of California-Based LBE Insurance Services
Oct 7 2019 // HUB International Ltd. has acquired the assets of Chatsworth, Calif.-based LBA Insurance Services Inc. Lior Avishay, president of LBA, and his colleagues will be joining Hub in Los Angeles. Terms of the deal were not...
AssuredPartners Acquires Houston Benefits Firm, Healthcare Consultants
Oct 7 2019 // Lake Mary, Florida-based AssuredPartners Inc. has acquired the employee benefits-focused firm, Healthcare Consultants Inc., located in Houston. The team of 18 will remain under the operational leadership of David Neider....
Hub International Acquires Ontario-Based ProCorp Financial
Oct 7 2019 // Hub International Ltd., a Chicago-based global insurance brokerage, announced it has acquired ProCorp Financial Inc. Terms of the transaction were not disclosed. Based in Ottawa, Ontario, Canada, ProCorp Financial is a...
Hub Acquires the Assets of Florida-Based Doug Johnson Insurance
Oct 7 2019 // Hub International Limited has acquired the assets of Doug Johnson Insurance, LLC. Terms of the transaction were not disclosed. Headquartered in Gainesville, Fla., Doug Johnson Insurance is an independent insurance agency...
Trump Signs Stopgap Funding for Government That Includes Flood Program
Oct 7 2019 // President Donald Trump has signed a continuing resolution that will avoid a federal government shutdown by funding the government at current levels until Nov. 21. The Republican-led Senate voted 82-15 in favor the...
Liberty Mutual Completes Acquisition of 3 AmTrust European Businesses
Oct 4 2019 // Liberty Mutual Insurance announced it has completed the acquisition of three European subsidiaries of AmTrust Financial Services: Nationale Borg, Nationale Borg Reinsurance, and AmTrust Insurance Spain. “Completing...
Artex Acquires Bermuda-Based ILS Specialist Horseshoe Insurance Services Holdings
Oct 4 2019 // Artex Risk Solutions, the captive and alternative risk management solutions subsidiary of Arthur J. Gallagher & Co., announced it has reached agreement to acquire Horseshoe Insurance Services Holdings Ltd., which will...
Iowa’s BrokerTech Ventures Adds Four New Investment Partners
Oct 4 2019 // Des Moines, Iowa-based BrokerTech Ventures, a broker-led investor group and accelerator program, is has added four new investor partners, including Assurance, Graham Company, InterWest Insurance Services, and Hylant...
Relation Insurance Acquires Oklahoma’s Premier Consulting Partners
Oct 3 2019 // Relation Insurance Services (Relation) has acquired the Tulsa, Oklahoma-based insurance brokerage Premier Consulting Partners LLC (Premier). Founded in 2014 by CEO Russell Brown, Premier offers a full suite of...
Global Insurance Accelerator Boosts Its Funding for Insurtech Startups
Oct 3 2019 // The Iowa-based Global Insurance Accelerator will nearly double its seed funding for insurtechs accepted into the program in 2020. Nicole Gunderson, managing director for the GIA, said the increase is a way for the GIA,...
Tokio Marine to Buy High Net Worth Insurer Pure for $3.1 Billion
Oct 3 2019 // Tokio Marine Holdings Inc. has agreed to buy U.S. high net worth insurer Privilege Underwriters Inc. and its specialty insurance subsidiaries, known as Pure Group, for $3.1 billion (approximately JPY 325.5B). Tokio Marine...
Canopius Completes Acquisition of AmTrust at Lloyd’s
Oct 3 2019 // Canopius Group announced it has completed its acquisition of AmTrust at Lloyd’s. The merger provides Canopius with significant additional underwriting expertise and a broader product offering, creating a leading...
Hub International Buys Canada Employee Benefits Consultant, Regency Advisory Corp.
Oct 3 2019 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the Canadian employee consulting firm, Regency Advisory Corp. Terms of the transaction were not disclosed. Located in Saskatoon,...
Generali Weighs at Least $3.3B in Mid-Sized Insurance, Asset Management M&A
Oct 3 2019 // Assicurazioni Generali SpA, Italy’s biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions in insurance and asset management, according to Chief Executive Officer...
Verisk to Acquire Property Data Provider, BuildFax, in Austin
Oct 3 2019 // Verisk, which provides data analytics services to the insurance, energy and specialized markets, and financial services industries, has signed a definitive agreement to acquire BuildFax, an Austin, Texas-based provider of...
AssuredPartners Acquires Tutton Insurance Services in California
Oct 2 2019 // AssuredPartners Inc. has acquired Tutton Insurance Services Inc. in Santa Ana, Calif. The team of 57 will remain under the operational leadership of owner Bill Tutton. Tutton Insurance Services provides commercial and...
Markel International Sells Brazilian Insurance Business to Executive Team
Oct 2 2019 // Markel International, the London-based specialist insurer and subsidiary of Markel Corp., announced that it has sold its insurance operations in Brazil to its existing executive team. Markel Seguradora do Brasil, S.A. is...
