Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Searchlight Capital to Acquire Majority Stake in UK’s Global Risk Partners
Feb 4 2020 // Insurance intermediary Global Risk Partners announced a major investment into the firm from Searchlight Capital Partners, a global private investment firm. Founders Peter Cullum and David Margrett and founding investor...
FBinsure Acquires Massachusetts’ Nimiroski Insurance Agency
Feb 3 2020 // FBinsure has acquired the Nimiroski Insurance Agency, an independent agency located in Attleboro, Mass. Established in 1963, Nimiroski Insurance has been an active member of the Attleboro community for more than 50 years,...
IGI Gets Regulatory Nod from Bermuda After Merger with Tiberius Acquisition
Jan 31 2020 // International General Insurance Holdings Ltd. (IGI) announced it has received regulatory approval from the Bermuda Monetary Authority in connection with its previously announced business combination with Tiberius...
Kentucky Agencies Peel & Holland, Riddle Insurance & Subsidiary R. Barga Finalize Merger
Jan 30 2020 // Peel & Holland Insurance has merged with Riddle Insurance of Madisonville, Ky., and its subsidiary, R. Barga and Company Insurance of Benton, Ky. The companies provide business property and casualty insurance, surety...
Massachusetts’ Morse Insurance Agency Acquires Connolly Insurance
Jan 30 2020 // Morse Insurance Agency Inc., a provider of personal and business insurance in Southeastern Massachusetts, has acquired Connolly Insurance. The transaction became effective January 1, 2020. Morse Insurance has been a...
New York’s The Stahlka Agency Names Berg as a Partner
Jan 30 2020 // The Stahlka Agency has named Shawn Berg as a partner in the insurance agency. Berg joined the agency in 2011. He previously held similar roles at Marsh and also spent time on the carrier side with Safeco. He will be...
Pro Global and VIPR Form Partnership to Deliver End-to-End Solution for MGAs
Jan 30 2020 // Pro Global Holding Ltd., global re/insurance outsourcing and consulting specialists have formed a partnership with VIPR, a software provider that focuses on delegated authorities. This move will see the two combine their...
The Hilb Group Acquires Massachusetts’ Group Brokerage Insurance Agency
Jan 29 2020 // The Hilb Group LLC (THG) has acquired Group Brokerage Insurance Agency LLC (GBIA). The transaction became effective January 1, 2020. Located in Waltham, Mass., GBIA is an employee benefits agency primarily providing group...
Risk Strategies Acquires Maryland’s Weaver Brothers Insurance
Jan 29 2020 // Risk Strategies, a Boston, Mass.-based, privately held national insurance brokerage and risk management firm, has acquired Weaver Brothers Insurance Inc., a full-service brokerage based in Bethesda, Md. Terms of the deal...
R&Q Acquires Montana Captive Insurer Vigneron
Jan 29 2020 // R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company Inc. from a wholly owned private investment holding company. Terms of the deal were not disclosed. VICI underwrote...
Arthur J. Gallagher & Co. Acquires Hanover Excess & Surplus of North Carolina
Jan 29 2020 // Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing...
Iowa Town to Buy more Homes in Flood Plain
Jan 28 2020 // The city of Bettendorf, Iowa, has been awarded a $2.2 million federal grant that, coupled with state and city contributions, will make $2.95 million available to buy out up to 22 homeowners in the flood plain along Duck...
Alera Group Acquires Muench Financial in Washington
Jan 28 2020 // Alera Group has acquired Muench Financial Inc. in Seattle, Wash. Muench Financial joins Alera Group through Wilson Albers. The Muench Financial team will operate out of Alera Group’s Seattle office. Terms of the deal...
CoreLogic Completes Acquisition of Massachusetts’ Location Inc.
Jan 27 2020 // CoreLogic, a global property information, analytics and data-enabled services provider, has completed the company’s acquisition of Location Inc., a Worcester, Mass.-based leader in geographic data sciences and...
AssuredPartners Acquires Lundstrom Insurance Agency in Illinois
Jan 27 2020 // AssuredPartners Inc. has acquired Lundstrom Insurance Agency Inc. located in Elgin, Illinois. Led by Brett Lundstrom, the agency currently reports $7.3 million in annualized revenues. Founded in 1953 by E. John Lundstrom,...
Why Traditional Independent Agents, Carriers Need to Partner and Align Now More Than Ever
Jan 27 2020 // Agencies and carriers need to align now more than ever. I will add a condition to this statement: Quality independent agencies and quality carriers need to align now more than ever if they are to thrive. Unfortunately, I...
The Hilb Group Acquires Maryland’s Martens Johnson Insurance Agency
Jan 24 2020 // The Hilb Group LLC (THG) has acquired Maryland-based Martens Johnson Insurance Agency Inc. (MJIA). The transaction became effective January 1, 2020. MJIA is a full-service insurance agency focused on the unique needs of...
Specialist MGA CFC Acquires London Insurtech Firm, ThreatInformer
Jan 23 2020 // CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer. Leveraging a combination of artificial intelligence and machine learning, ThreatInformer’s data...
The Hilb Group Acquires New York’s BR Vital Brokerage
Jan 23 2020 // The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020. Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property...
AssuredPartners Acquires Illinois’ Corkill Insurance Agency
Jan 23 2020 // AssuredPartners Inc. has acquired Corkill Insurance Agency Inc. of Elk Grove Village, Illinois. AssuredPartners said the Corkill acquisition is its first in 2020. The Corkill staff of 104 will remain under the operational...
