Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AssuredPartners Acquires Connecticut’s Alton E. Woodford Insurance Agency
Sep 17 2019 // AssuredPartners Inc. has acquired Alton E. Woodford Insurance Agency Inc., located in West Hartford, Conn. The team of nine will remain under the operational leadership of Tallison Noble and Nerissa Smith following the...
Hub International Limited Acquires Assets of Virginia’s Washington Financial Group
Sep 17 2019 // Hub International Limited , a global insurance brokerage and financial services firm, has acquired the assets of Wash Financial L.L.C., doing business as Washington Financial Group (WFG). Terms of the transaction were not...
XPT Group Acquires Sierra Specialty in California
Sep 16 2019 // XPT Group LLC has acquired Sierra Specialty in Clovis, Calif. The deal closed on Sept. 13. Sierra Specialty will continue to operate under its brand name. Sierra Specialty is a managing general agency and wholesale...
Alliant Insurance Services Forms Alliant Mergers & Acquisitions in New York City
Sep 16 2019 // Alliant Insurance Services has formed a new brokerage service vertical, Alliant Mergers & Acquisitions. Falling under the Alliant Specialty retail umbrella, Alliant Mergers & Acquisitions will provide expertise to...
Alera Group Acquires Makro Enterprises in Nevada
Sep 16 2019 // Alera Group has acquired Makro Enterprises in Las Vegas, Nev. Makro will join Alera Group through local firm GLB Insurance. Terms of the deal were not disclosed. Makro offers employee benefits and insurance services for...
TigerRisk Partners Appoints Gupta as Chief Operating Officer in New York
Sep 13 2019 // TigerRisk Partners LLC, a risk, capital and strategic advisor to the global insurance and reinsurance industries, has appointed Manoj Gupta as chief operating officer. Prior to joining TigerRisk, Gupta was president of...
SOBC DARAG Acquires New Mexico P&C Insurance Company
Sep 12 2019 // SOBC DARAG has acquired New Mexico P&C Insurance Co. SOBC DARAG has received approvals from New Mexico OSI and Florida OIR for the transaction. Terms of the deal weren’t disclosed. SOBC DARAG Holdings is...
AXA XL Partners with Insurtech Neptune Flood to Expand Private Flood Insurance
Sep 12 2019 // AXA XL is partnering with digital private flood insurance program manager Neptune Flood in a strategic underwriting partnership that will more than double Neptune’s capacity across the country. According to CEO Jim...
High Street Insurance Partners Acquires Michigan’s Ottawa Kent Insurance Agency
Sep 11 2019 // High Street Insurance Partners (High Street), an ExecFactor full-service insurance brokerage platform owned by private equity firm Huron Capital, has acquired Ottawa Kent Insurance Agency (Ottawa Kent), an outsourced risk...
DARAG Buys Zurich’s German Architects & Engineers Professional Indemnity Portfolio
Sep 11 2019 // DARAG Group Ltd., the Malta-based legacy acquirer, announced it has reached an agreement with Zurich Insurance plc to acquire Zurich’s German architects and engineers (A&E) professional indemnity insurance...
Hagerty Acquires the Greenwich Concours d’Elegance in Connecticut
Sep 11 2019 // Hagerty, an automotive lifestyle brand and provider of specialty insurance to vintage vehicle enthusiasts, has acquired the Greenwich Concours d’Elegance in Greenwich, Conn. Following this move, Hagerty expects to...
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...
