Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Florida InsurTech HoneyQuote to Offer Technology Platform to Business Partners
May 20 2019 // Digital insurance agency HoneyQuote.com launched a new partnership program that allows businesses across industries to use HoneyQuote services for customers to purchase homeowners insurance. As part of the program,...
Frederick H. DiMeo Acquires Ozwald and Speaker in California
May 17 2019 // The Frederick H. DiMeo Insurance Agency Inc. has purchased the personal lines division of Oakland, Calif.-based Ozwald and Speaker Insurance Services Inc. The acquisition includes the purchase of six books of business,...
Hartford to Close on $2.1 Billion Acquisition of Navigators on May 23
May 16 2019 // The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23. “This acquisition is a significant milestone for our company and...
Munich Re Forms Global Partnership with Telematics Provider The Floow
May 16 2019 // Munich Re disclosed it will partner globally with telematics provider The Floow. The deal will help strengthen Munich Re’s telematics consulting offering but also allow The Floow’s products and services to be...
Alera Group Acquires HighRidge Insurance Services in California
May 16 2019 // Alera Group has acquired HighRidge Insurance Services in Westlake Village, Calif. HighRidge will join Alera Group through California firm Capital City Benefits & Insurance Services and will operate under that...
Tangram Insurance Services Acquires Assets of Pennsylvania’s GMG Underwriters
May 15 2019 // Tangram Insurance Services Inc., a managing general underwriter and program manager, has purchased the assets of Langhorne, Penn.-based managing general agent, GMG Underwriters (GMGU). The transaction became effective May...
Burnham Benefits in California Promotes Tunnell to Partner
May 14 2019 // Irvine, Calif.-based Burnham Benefits Insurance Services Inc. has promoted Raymond Tunnell to partner. Tunnell has nearly 30 years of experience in employee benefits consulting. He has been with Burnham Benefits since...
Arthur J. Gallagher Buys Swiss Broker Verbag Versicherungsberatungs
May 13 2019 // Rolling Meadows, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of Swiss insurance broker Verbag Versicherungsberatungs AG. Terms of the transaction were not disclosed. Based in Zug, Switzerland, Verbag...
North Carolina-Based Curi Appoints PartnerRe’s Farrelly as SVP of Underwriting
May 13 2019 // Curi, a provider of medical malpractice products and services for physicians, has appointed Sean Farrelly as its new senior vice president of Underwriting. In this role, Farrelly will lead Curi’s underwriting...
Venture Insurance Programs Partners with Allianz on Golf, Country Club Accounts
May 10 2019 // Venture Insurance Programs, a national insurance program administrator, has formed a new carrier partnership with Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) for the...
Alera Group Acquires Pennsylvania’s ARMS Insurance Group
May 10 2019 // Alera Group, a national independent insurance agency, has acquired ARMS Insurance Group, effective May 1, 2019. ARMS, a general agency headquartered in Bethel Park, Penn., has served insurance brokers throughout western...
W.N. Tuscano Agency Agrees to Acquire Pennsylvania’s Insurance Markets Inc.
May 10 2019 // W.N. Tuscano Agency Inc. has signed an agreement to acquire Clarks Summit, Penn.-based Insurance Markets Inc. Founded in 1960, Insurance Markets Inc. is a managing general agency (MGA) and surplus lines broker serving...
Hub International Acquires Saskatchewan-Based Kelliher Agencies
May 9 2019 // Hub International Ltd., the Chicago-based global insurance broker, announced it has acquired the assets of Kelliher Agencies, headquartered in Kelliher, Saskatchewan, Canada. Terms of the transaction were not...
Ryan Specialty Group to Acquire Wholesaler Atlantic Specialty Lines
May 8 2019 // Ryan Specialty Group has agreed to acquire the assets and operations of Atlantic Specialty Lines, Inc. (ASL), a privately-owned wholesale insurance brokerage headquartered in Richmond, Virginia, with additional locations...
The Hilb Group Acquires Summit Insurance Services
May 8 2019 // The Hilb Group LLC (THG) has acquired Summit Insurance Services LLC (SIS), the insurance operations of Summit Financial Group Inc. of Moorefield, West Virginia. The transaction became effective May 1, 2019. SIS is an...
Hub International Limited Acquires Assets of RIMS Insurance Brokerage Corporation
May 8 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of RIMS Insurance Brokerage Corporation. Located in Providence, R.I., RIMS Insurance Brokerage Corporation has offered medical...
Hub International Acquires Canada’s Clarity Benefits Group
May 8 2019 // Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired the assets of Clarity Benefits Group Inc. Terms of the transaction were not disclosed. Based in Calgary, Alberta, Canada,...
The Hilb Group Acquires Summit Insurance Services of West Virginia
May 8 2019 // The Hilb Group, LLC has acquired Summit Insurance Services, LLC (SIS), the insurance operations of Summit Financial Group, Inc. of Moorefield, West Virginia. The transaction became effective May 1, 2019. Virginia-based SIS...
Alera Group Acquires Shomer Insurance Agency in California
May 7 2019 // Alera Group has acquired Shomer Insurance Agency Inc. in Los Angeles, Calif. Terms of the deal were not announced. Shomer offers insurance and risk management programs to clients throughout California. The firm specializes...
K&K Insurance Buys Client Portfolio of Texas’ Pullen Insurance Services
May 7 2019 // Fort Wayne, Indiana-based K&K Insurance Group Inc. has purchased the book of business of Pullen Insurance Services Inc., headquartered in Fort Worth, Texas. Specializing in the placement of insurance coverage for...
