Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
The Hilb Group Acquires Massachusetts’ The Incentive Group
Sep 11 2019 // The Hilb Group LLC (THG) has acquired Massachusetts-based The Incentive Group LLC (IG). The transaction became effective September 1, 2019. IG is a full-service employee benefits consulting and brokerage firm providing...
Reliance Global Completes Acquisition of Michigan’s Altruis Benefit Consulting
Sep 10 2019 // Reliance Global Group Inc. has completed its acquisition of Bingham Farms, Michigan-based Altruis Benefit Consulting. The acquisition follows a letter of intent between the parties as previously announced on May 8,...
Service American Names Risk Transfer Insurance Agency as New Program Partner
Sep 10 2019 // Austin, Texas-based Service American Indemnity Co. (SAIC), national provider of program services, has added Risk Transfer Insurance Agency as the newest partner to support its continued national growth in workers’...
Partners General Insurance Agency Hires Farrell, Opens Connecticut Office
Sep 10 2019 // Partners General Insurance Agency (PGIA) has hired Thomas Farrell as senior vice president to start up its Connecticut branch of operations. Farrell will be writing on Ategrity Specialty Insurance Company paper which has...
Title Insurers Fidelity National, Stewart Information Call Off Merger
Sep 10 2019 // Fidelity National Financial and Stewart Information Services Corp. have agreed to terminate FNF’s proposed merger with Stewart due to the Federal Trade Commission’s issuance of an administrative complaint...
Arthur J. Gallagher Acquires Serna Insurance Agency in Texas
Sep 9 2019 // Arthur J. Gallagher & Co. has acquired Serna Insurance Agency, based in Humble, Texas. Terms of the transaction were not disclosed. Founded in 2001 by Pete and Martha Serna, Serna Insurance Agency offers private...
U.S. Opposes Merger of Title Insurers Fidelity National and Stewart
Sep 9 2019 // The U.S. Federal Trade Commission said on Friday that it had filed an administrative complaint aimed at preventing title insurance provider Fidelity National Financial, Inc. from buying rival Stewart Information Services...
Arthur J. Gallagher Acquires UK Property-Owner Insurance Broker, RGA Group
Sep 6 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-headquartered broker, announced the acquisition of three UK insurance intermediaries – Rentguard Ltd., Home & Travel Ltd. and RGA Underwriting Ltd. –...
Hub International Acquires Assets of Phil Bailey & Associates of Mississippi
Sep 6 2019 // Hub International Limited has acquired the assets of Phil Bailey & Associates, P.A. Terms of the transaction were not disclosed. Located in Oxford, Miss., Phil Bailey & Associatesis an employee benefits brokerage...
WSS Acquires Klein & Costa Insurance Services in California
Sep 5 2019 // Western Security Surplus has acquired Klein & Costa Insurance Services in Santa Ana, Calif. K&C was founded by Clarence Costa and Jim Klein. K&C’s primary focus is on small to medium specialty...
Houston Business Insurance Agency Acquired by Florida’s AssuredPartners
Sep 5 2019 // Florida-based AssuredPartners Inc. has acquired Houston Business Insurance Agency located in Houston, Texas. The acquired agency’s team of five will remain under the operational leadership of Dominique...
U.S. Risk Acquires Regency Insurance Brokerage Services of Florida
Sep 5 2019 // U.S. Risk, LLC, a property and casualty wholesaler and MGA, has acquired Regency Insurance Brokerage Services, a wholesale broker and MGA headquartered in Hallandale Beach, Fla., with additional locations in New York, New...
Starkweather & Shepley Acquires Rhode Island’s Revens-Gates
Sep 5 2019 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has acquired Revens-Gates Insurance Inc. of North Kingstown, R.I. Revens-Gates was founded in 1999 by Mark Revens and Peter Gates. Established in 1879, S&S...
Risk Strategies Acquires Risk Management Advisors in California
Sep 4 2019 // Risk Strategies has acquired Risk Management Advisors in Long Beach, Calif. Terms of the deal were not disclosed. Risk Management Advisors designs and administers captive insurance programs and self-insured plans. Client...
Arthur J. Gallagher Acquires University Services Business of Garnett-Powers
Sep 3 2019 // Arthur J. Gallagher & Co. has acquired the university services business of Mission Viejo, Calif.-based benefits broker and consultant Garnett-Powers & Associates Insurance Services Inc. Steve Johnson and his...
Agency Network Exchange LLC – #11 Agency Partnerships 2019
Sep 2 2019 // $90,317,326 2018 Total P/C Revenue Established in 2009, Agency Network Exchange LLC (ANE) is a network of more than 70 independent insurance agencies in New Jersey, Pennsylvania and Maryland that place more than $750...
ISU Network – #2 Agency Partnerships 2019
Sep 2 2019 // $559,580,000 2018 Total P/C Revenue ISU Network limits its size by adding new members, mid-sized to large agencies, by invitation only. But while this agency partnership is small in number, it’s not small in...
Smart Choice – #8 Agency Partnerships 2019
Sep 2 2019 // $108,378,576 2018 Total P/C Revenue Smart Choice is an agency network of 7,500 independent agency locations across 44 states. The network offers agencies of all sizes opportunities to build their business with limited...
The United Valley Insurance Services – #9 Agency Partnerships 2019
Sep 2 2019 // $99,101,335 2018 Total P/C Revenue The United Valley Insurance Services is a network of independent agencies located in California and Arizona with plans for expansion. Members maintain complete control of their business...
Renaissance Alliance Insurance – #7 Agency Partnerships 2019
Sep 2 2019 // $109,262,128 2018 Total P/C Revenue Founded by agencies for agencies 20 years ago, the Renaissance Alliance Insurance Services LLC (RAIS) network thrives on helping independent agencies grow premium, profits and equity far...
