Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Atlanta-Based Prime Risk Partners Joins EPIC Insurance Brokers
Oct 16 2019 // Prime Risk Partners Inc. and EPIC Insurance Brokers & Consultants have entered into an agreement to join forces. Prime Risk Partners, headquartered in Atlanta, is a growing national firm of insurance professionals...
Arthur J. Gallagher & Co. Acquires Florida-Based Direct To PolicyHolder (DTPH)
Oct 15 2019 // Arthur J. Gallagher & Co. has acquired Ponte Vedra Beach, Florida-based The Doyle Group, Inc. and its affiliates, collectively doing business as Direct To PolicyHolder (DTPH). Terms of the transaction were not...
Arthur J. Gallagher & Co. Buys Swedish Broker Proinova
Oct 14 2019 // Arthur J. Gallagher & Co. announced the acquisition of Helsingborg, Sweden-based insurance broker Proinova. The terms of the transaction were not disclosed. Founded in 1989 by CEO Sten Eriksson, Proinova specializes in...
Berkshire’s MedPro Acquires Swiss Re Corporate Health Care Liability Business
Oct 14 2019 // Berkshire Hathaway health care liability insurance unit MedPro Group has agreed to acquire the healthcare professional liability business of Swiss Re Corporate Solutions effective Oct. 11. The agreement includes hospital...
Bonaccorso to Retire as PartnerRe’s CFO, Succeeded by Burnet from Zurich Insurance
Oct 11 2019 // PartnerRe Ltd. announced that Mario Bonaccorso, executive vice president and chief financial officer, will retire from the company on March 31, 2020 to pursue a new entrepreneurial venture with financial support from...
Largest African Insurer Sanlam Plans to Continue Growth via M&A
Oct 11 2019 // Africa’s largest insurer is getting breathing room to build on its biggest-ever acquisition and expand existing operations as rivals scale back on the continent and its main competitor squabbles with its fired...
Mediobanca Pressed to Grow via M&A and Rely Less on Its Prized Asset, Generali
Oct 11 2019 // Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy. The 84-year-old...
Arthur J. Gallagher & Co. Acquires Garrett-Stotz Co. of Kentucky
Oct 9 2019 // Arthur J. Gallagher & Co. has acquired Louisville, Kentucky-based Garrett-Stotz Co. Terms of the transaction were not disclosed. Founded in 1931, Garrett-Stotz Company is a full-service commercial and personal lines...
Hub International Acquires Canadian Broker PDF Financial Group
Oct 9 2019 // Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired PDF Financial Group Inc. Terms of the transaction were not disclosed. Based in Toronto, Ontario, Canada, PDF is an independent...
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...
