Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Networked Insurance Agents – #16 Agency Partnerships 2019
Sep 2 2019 // $52,093,831 2018 Total P/C Revenue Networked Insurance Agents, an AmWINS Group company, provides an array of membership options from market access to direct access. “Based on the aggregation or direct access...
Pacific Interstate Insurance Brokers – #10 Agency Partnerships 2019
Sep 2 2019 // $97,002,661 2018 Total P/C Revenue Pacific Interstate Insurance Brokers (PIIB), launched in 1994, has more than 200 member agencies in nine states today. Agency members are treated equal even when it comes to cost to join....
Insurance Alliance Network – #19 Agency Partnerships 2019
Sep 2 2019 // $37,053,881 2018 Total P/C Revenue Every agency maintains independent ownership in their book of business when they become a member of the Insurance Alliance Network, part of the Alera Group. According to Jane D....
SIAA – #1 Agency Partnerships 2019
Sep 2 2019 // $1,211,398,245 2018 Total P/C Revenue The SIAA business model has been operating since 1983 in the Northeast and nationally since 1995. The organization operates with 48 local master agencies with over 350 associates...
United Agencies Inc. – #18 Agency Partnerships 2019
Sep 2 2019 // $46,000,000 2018 Total P/C Revenue United Agencies Inc. began as a cluster in 1962 when several insurance brokers came together to evaluate the direction of the insurance industry and how to best serve their customers in...
Georgia Agency Partners – #13 Agency Partnerships 2019
Sep 2 2019 // $68,000,000 2018 Total P/C Revenue Founded in 1995, the Georgia Agency Partners network is 15 agencies headquartered in Georgia. “We grow organically through our current members and do not add members just for volume...
Arthur J. Gallagher Acquires California Benefits Broker, Garnett-Powers & Associates
Aug 30 2019 // Arthur J. Gallagher & Co. has acquired the University Services business of Mission Viejo, California-based benefits broker and consultant Garnett-Powers & Associates Insurance Services Inc. Terms of the transaction...
Canada Insurer The Co-operators Acquires Quebec Broker, Cadieux Beausejour Dupras
Aug 30 2019 // Canadian insurer The Co-operators has purchased the Saint Jérôme, Quebec-headquartered broker, Cadieux Beausejour Dupras Inc. Financial details of the deal were not disclosed. The brokerage’s portfolio includes...
H.W. Kaufman Group Partners with RB Jones Marine, ProSight Specialty Insurance
Aug 30 2019 // H.W. Kaufman Group, a global network of companies, has expanded its subsidiary RB Jones as it partners with ProSight Specialty Insurance to become the exclusive administrator for its Marine Solutions and Excess Energy...
New Specialty Broker McGill & Partners Forms U.S. Subsidiary
Aug 29 2019 // The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company’s founder Steve McGill has confirmed. When McGill &...
The Liberty Company Insurance Brokers, Inc. Partners with Florida-based Moody Insurance Group
Aug 28 2019 // Los Angeles, CA, August 28, 2019 — The Liberty Company Insurance Brokers, one of the fastest growing privately held agencies on the West Coast, announced today a partnership with Moody Insurance Group of Ft. Lauderdale,...
One General Agency Acquires Renewal Rights to Oklahoma City MGA’s Business
Aug 26 2019 // One General Agency (OGA) has acquired the renewal rights to the book of business previously owned by Oklahoma City-based Acton Inc. (Acton). Acton President Eric Acton will be joining the OGA staff. One General Agency...
Canada Broker Westland Insurance Buys First West Insurance Services
Aug 26 2019 // Canadian broker Westland Insurance Group Ltd. announced the acquisition of First West Insurance Services, a subsidiary of First West Credit Union, effective Sept. 30, 2019. Financial details of the transaction were not...
Allianz to Buy SulAmérica’s Auto, Other P/C Insurance Operations
Aug 23 2019 // Allianz has agreed to acquire automobile and other property/casualty insurance operations from Brazil’s SulAmérica for BRL 3 billion (667 million euros). Allianz said the acquisition will strengthen its competitive...
Ryan Specialty Group Reaches Agreement to Acquire Pennsylvania’s Suitelife
Aug 22 2019 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of The Suitelife, a program manager specializing in boutique hotels, premier and full service hotels, hotel management...
Risk Strategies Acquires National Insurance Consulting Group, Expands Southeast Reach
Aug 22 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has expanded its presence in the Southeast United States with the acquisition of National Insurance Consulting Group, LLC (NICG), an...
Hamilton to Double in Size with Completed Acquisition of Pembroke Managing Agency
Aug 21 2019 // Hamilton Insurance Group said it has completed its acquisition of Liberty Mutual’s Pembroke Managing Agency at Lloyd’s and its Ironshore Europe DAC business. The acquisition, first announced in mid-March, will...
Pacific Northwest Earthquake-Warning System Gets Funding Boost
Aug 21 2019 // The U.S. Geological Survey is greatly increasing funding for the region’s seismic network, putting it on track to send public alerts of impending earthquake shaking within the next two years. The Seattle Times...
JenCap to Buy Program Administrator Aran Insurance Services
Aug 21 2019 // JenCap Holdings, a consolidator of specialty insurance businesses backed by The Carlyle Group, has agreed to acquire privately-held Aran Insurance Services Group, a specialty program administrator with offices in Arizona,...
Florida’s BKS-Partners Appoints Thompson to Managing Advisor
Aug 20 2019 // Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has appointed Rich Thompson to managing advisor. Thompson joined BKS-Partners in 2015 as an...
