Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Update: Generali Eyes Acquisitions of Small and Medium-Sized European Insurers
May 7 2019 // Italy’s biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up to 4 billion euros...
Lighthouse Property Insurance Acquires Louisiana’s Excalibur National Insurance
May 6 2019 // Lighthouse Property Insurance Corp. has acquired Excalibur National Insurance Co., based in Louisiana. Lighthouse CEO and President Patrick White said in a press release that the acquisition “reaffirms...
Reliance Global Group Acquires Ohio’s Fortman Insurance
May 3 2019 // Reliance Global Group Inc. (RELI) through its subsidiary Reliance Global Holdings LLC has completed the previously announced acquisition of Ohio-based Fortman Insurance Agency LLC, for a total purchase price of $4.138...
Summit Risk Advisors Completes $100M Recapitalization with Colbeck
May 3 2019 // Summit Risk Advisors, previously SEK Holding Company LLC, has completed a $100,000,000 recapitalization and senior debt facility with Colbeck Capital Management to finance the acquisition of nine retail insurance agencies,...
Legacy Acquirer DARAG Completes Purchase of DONAU Versicherung’s Italian Portfolio
May 3 2019 // DARAG Group Ltd., the Malta-based legacy acquirer, announced it has completed the acquisition of the Italian non-life portfolio of DONAU Versicherung AG after receiving approval from Austrian and Italian...
Ryan Specialty Finalizes Acquisition of International Specialty Insurance of North Carolina
May 3 2019 // Ryan Specialty Group, LLC, has acquired the assets and operations of International Specialty Insurance Services Inc. (ISI), an independently owned managing general underwriter with offices in Winston-Salem, North Carolina....
Hub Acquires Assets of South Dakota’s First Western Insurance Agency
May 2 2019 // Chicago-based global insurance brokerage, Hub International Limited (Hub), has acquired the assets of First Western Insurance Agency Inc. in South Dakota. First Western Insurance Agency is an independent insurance agency...
