Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
The Hilb Group Acquires Tennessee’s Mackie Financial Group
Aug 20 2019 // The Hilb Group LLC (THG) has acquired Tennessee-based Mackie Financial Group LLC (MFG). The transaction became effective August 1, 2019. MFG is a full-service agency primarily providing insurance for employee benefits,...
Abry Partners Agrees to Acquire Portfolio in California from Capital Z
Aug 19 2019 // Abry Partners has agreed to acquire Lake Forest, Calif.-based Portfolio Holding Inc. from Capital Z Partners LP. The deal is subject to normal and customary closing conditions. Terms were not disclosed. All of...
Arch Insurance to Buy Coastal Commercial Property MGU Ventus Risk Management
Aug 19 2019 // Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to...
Hub International Hires New Jersey’s Allain, Acquires His Book of Business
Aug 19 2019 // Hub International Limited, a global insurance brokerage, has hired disability insurance specialist Brian Allain and acquired his book of business. Based in Paramus, N.J., Allain provides group and executive disability...
Execs: Wholesalers at Center of Topa Plans After Acquisition of California Insurer
Aug 19 2019 // Two key executives involved in the acquisition of Topa Insurance Group by Altamont Capital Partners who spoke about the deal were emphatic about one thing: wholesalers will continue to be the center of the company’s...
ISO, Intterra, Western Fire Chiefs Partner to Better Understand Wildfire Risk
Aug 19 2019 // ISO and Intterra are partnering with the Western Fire Chiefs Association to explore new ways of analyzing and understanding wildfire risk. Intterra has worked with the WFCA for several years to develop the Fire Data Lab, a...
Brown & Brown of Massachusetts Acquires Assets of Yozell
Aug 16 2019 // Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Yozell. Founded in 1960 by Peter Yozell, Yozell Associates strives to provide its customers with value in group employee and executive...
Hub International Limited Acquires Assets of Insurance Center of New England
Aug 16 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Insurance Center of New England Inc. (ICNE). Terms of the transaction were not disclosed. With locations in Agawam and Gardner,...
Brown & Brown of Florida Acquires CKP
Aug 15 2019 // Brown & Brown of Florida Inc. has acquired substantially all of the assets of CKP. CKP provides brokerage services for customers throughout the U.S. operating in agricultural industry. In addition, CKP provides...
