Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
LP Risk Acquires Wholesale Insurance Broker, Houston Surplus Lines
Jul 10 2019 // Texas-based managing general agency and surplus lines broker, LP Risk, has acquired the assets and operations of Houston Surplus Lines, an independently owned wholesale insurance brokerage. Houston Surplus Lines team will...
The Hilb Group Acquires Vermont’s Jamieson Insurance Agency
Jul 10 2019 // The Hilb Group LLC (THG) has acquired Vermont-based Jamieson Insurance Agency Inc. (JIA). The transaction became effective July 1, 2019. JIA is a property and casualty agency primarily providing business, auto and home...
Sedgwick Signs Agreement to Acquire New Jersey’s York Risk Services Group
Jul 10 2019 // Sedgwick, a global provider of technology-enabled risk, benefits and integrated business products, has signed an agreement to acquire York Risk Services Group. York is a Jersey City, N.J.-headquartered provider of claims...
Confie Expands into Georgia by Acquiring Southern Harvest
Jul 10 2019 // Huntington Beach, CA, July 10th, 2019 – Confie, a national provider of personal and commercial lines insurance, announced today that it will acquire Southern Harvest Insurance. This move will broaden the broker’s...
RiverStone Acquires New York’s Rockville Risk Management and ER Quinn Company
Jul 9 2019 // RiverStone has acquired Rockville Risk Management and ER Quinn Company (collectively, Rockville). Rockville is a New York-based, privately-owned third-party administrator and loss adjusting company that provides...
Arthur J. Gallagher & Co. Acquires Stonehenge Insurance Solutions of Florida
Jul 9 2019 // Arthur J. Gallagher & Co. has acquired Palm Beach Gardens, Fla.-based Stonehenge Insurance Solutions, Inc. Terms of the transaction were not disclosed. Founded in 2007, Stonehenge Insurance Solutions offers commercial...
Alliant Acquires Degginger McIntosh & Associates in Washington
Jul 8 2019 // Alliant Insurance Services Inc. has acquired Degginger McIntosh & Associates in Washington. Keith Degginger, the firm’s president, along with fellow principal Ken McIntosh and the entire Degginger McIntosh team,...
Pool Re Buys Non-Damage BI Retro Cover in Program Led by Liberty Specialty
Jul 8 2019 // Pool Re, Britain’s terrorism reinsurer, announced the placement of its new retrocession program covering non-damage business interruption (NDBI) losses. The program incepted on July 5. The Counter-Terrorism and...
SOBC DARAG Acquires Vermont’s Innovative Physicians Solutions RRG
Jul 3 2019 // SOBC DARAG has acquired Innovative Physicians Solutions RRG (IPS) in full, effective July 1, 2019, after receiving approval from the Vermont Department of Financial Services for the transaction. Mark Tabler, the current...
USI Insurance Services Acquisition of U.S. Risk Finalized
Jul 3 2019 // The acquisition of Dallas-based property/casualty program and specialty brokerage, U.S. Risk Insurance Group (U.S. Risk), by USI Insurance Services (USI), has been finalized. Terms of the previously announced transaction...
Reinsurers Offering Better Prices, Capacity for Preferred Trading Partners: Willis Re
Jul 2 2019 // Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1 and July 1, 2019 renewals, according to the latest 1st View renewals report from Willis...
Worldwide Facilities Acquires Benchmark Management Group in Chicago Area
Jul 2 2019 // Benchmark Management Group Inc., a managing general agent and wholesale insurance broker with locations in the Chicago and Milwaukee areas, has been acquired by national wholesale insurance broker, managing general agency...
Legacy Acquisition Firm Randall & Quilter to Buy Bermuda’s Sandell Holdings
Jul 1 2019 // Legacy acquisition specialist Randall & Quilter Investment Holdings Ltd. announced that its wholly owned subsidiary, Randall & Quilter II Holdings Ltd., has signed an agreement to acquire, subject to regulatory...
Generali Is Front-Runner to Buy Portugal Insurer Tranquilidade: Sources
Jul 1 2019 // Assicurazioni Generali SpA has emerged as the front-runner to acquire Apollo Global Management’s Tranquilidade, the second-largest non-life insurer in Portugal, people familiar with the matter said. The Italian...
Are Millennials More Likely to Buy Flood Insurance?
Jul 1 2019 // Are Millennials More Likely to Buy Flood Insurance? Are younger homeowners more likely to protect their property by buying flood coverage? It seems so, according to a recent study. Millennials — those born between...
Partner or Pariah? 5 Hacks to Improve Your Experience Working With Recruiters
Jul 1 2019 // Q: How am I supposed to use a recruiter when my company had a horrible experience with a firm? A: A great question and an excellent starting point for my advice on working with third-party recruiters. I’ve been in...
Cyber Risks Are Jeopardizing M&A Deals
Jun 28 2019 // Cybersecurity issues are increasingly becoming a concern in mergers and acquisitions, a new survey shows, and lapses can jeopardize deals or haunt purchasers long after the deal is done. Of more than 2,700 information...
High Street Acquires Assets of Michigan’s Tompkins Insurance Agency
Jun 27 2019 // High Street Insurance Partners (High Street), a provider specialty commercial property/casualty insurance, employee benefits services and personal lines, has acquired the assets of the Tompkins Insurance Agency (TIA), an...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance
Jun 27 2019 // Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses are to cyber attacks and create what they hope will become a global benchmark. Cyber...
Arthur J. Gallagher to Acquire Minority Stake in Prague-Based Broker Renomia
Jun 26 2019 // Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The deal is subject to regulatory approval and is expected to close in the third quarter of 2019....
