Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Munich Re Syndicate Singapore Partners with Lloyd’s Coverholder Nectar Specialty Risk
Apr 18 2019 // Munich Re Syndicate Singapore (MRSS) has formed a partnership with Nectar Specialty Risk Pte Ltd. (Nectar), a Singapore incorporated limited liability company and Lloyd’s coverholder that provides tailor-made...
Sells Appointed Chief Information Officer for SUNZ Holdings of Florida
Apr 18 2019 // SUNZ Holdings, LLC, based in Bradenton, Fla., has appointed John Sells to the position of chief information officer. John Sells Sells will be in charge of IT initiatives and enterprise systems with a focus on digital...
PCF Insurance Services Acquires Grosslight Insurance in California
Apr 17 2019 // PCF Insurance Services has completed the acquisition of Grosslight Insurance Inc., headquartered in the Westwood neighborhood of Los Angeles, Calif. Terms of the deal were not disclosed. Grosslight Insurance, with offices...
Minnesota’s ProHost USA Acquired by Distinguished Programs
Apr 17 2019 // Distinguished Programs, a national insurance program manager headquartered in New York, has acquired Minneapolis, Minnesota-based ProHost USA, a specialty insurance program for restaurants and related risks. Distinguished...
Partner Re Names Colello to Lead P/C Business in U.S., Canada, Latin America
Apr 17 2019 // PartnerRe announced that Jonathan Colello will join the company effective July 1, 2019, as chief executive officer for P&C Americas, and president of Partner Reinsurance Co. of the U.S. In his new role, Colello will...
Hilb Group Acquires Arkansas’ Walker Brothers Insurance
Apr 16 2019 // The Hilb Group LLC (THG) has acquired Arkansas-based Walker Brothers Insurance Inc. (WBI), effective April 1, 2019. Formed in 1932, WBI is a full-service retail agency primarily focused on commercial property/casualty...
Starkweather & Shepley Insurance Brokerage Acquires Connecticut’s Wilson Agency
Apr 16 2019 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has acquired The Wilson Agency Inc. of Shelton, Conn. The Wilson Agency is a third generation, family owned and operated agency serving Fairfield County and the...
Liberty Mutual to Acquire AmTrust’s Surety, Credit Reinsurance Business
Apr 15 2019 // Liberty Mutual Insurance said it has agreed to acquire the global surety and credit reinsurance operations of property/casualty insurer AmTrust Financial Services. Terms of the deal were not disclosed. Upon closing,...
Insurance Agency Merger Count Held Steady in Q1: Optis
Apr 15 2019 // There were 151 announced insurance agency mergers and acquisitions during the first quarter of 2019, according to Optis Partners. That was one more deal than was announced in the first quarter of 2018. The data tracked by...
Canada Insurer The Co-operators Buys Robinson & Associates Insurance Brokers
Apr 12 2019 // Canadian insurer The Co-operators announced it has purchased Robinson & Associates Insurance Brokers in Niagara Falls and Ridgeway, Ontario. Financial details of the deal were not disclosed. The brokerage’s...
Baldwin Krystyn Sherman Partners Acquires Florida’s Lykes Insurance
Apr 11 2019 // Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has acquired Florida-based, independent firm Lykes Insurance Inc. BKS-Partners currently...
Applied Systems Acquires Agency CRM System TechCanary
Apr 10 2019 // Agency technology firm Applied Systems said it has acquired TechCanary, an insurance customer relationship management (CRM) system built on the Salesforce.com platform. Terms were not disclosed. Applied Systems said...
Cross Insurance Partners with Connecticut’s DiMatteo Insurance
Apr 10 2019 // Cross Insurance, a subsidiary of Cross Financial Corp. based in Bangor, Maine, has partnered with DiMatteo Insurance of Shelton, Conn. The DiMatteo family-owned agency handles all lines of business including employee...
The Hilb Group Acquires Connecticut’s eBenefits Group Northeast
Apr 10 2019 // The Hilb Group LLC (THG) has acquired Unionville, Conn.-based eBenefits Group Northeast LLC. The transaction became effective April 1, 2019. eBenefits is a full-service employee benefits firm providing services to...
Arthur J. Gallagher Completes Acquisition of UK Specialist Broker Stackhouse Poland
Apr 9 2019 // Arthur J. Gallagher & Co. announced it has completed its acquisition of UK specialist insurance broker Stackhouse Poland Group Ltd., which was first announced in January 2019. Financial details of the deal were not...
Baldwin Krystyn Sherman Partners Acquires Lykes Insurance of Florida
Apr 9 2019 // Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has acquired Florida-based, independent firm, Lykes Insurance. The partnership finalized on...
Hub International Acquires Assets of Minnesota’s Corey Steinbach Insurance Agency
Apr 5 2019 // Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Corey Steinbach Insurance Agency LLC (Corey Steinbach Insurance) in Felton, Minnesota. Terms of the transaction were not...
Arthur J. Gallagher Acquires Canada’s Keyser Benefits Corp.
Apr 5 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Canadian broker Keyser Benefits Corp. Terms of the transaction were not disclosed. With roots dating back more than 45...
Hub International Acquires Assets of Mississippi-Based M.B.I. Group
Apr 5 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of M.B.I. Group, LLC. Terms of the transaction were not disclosed. M.B.I. Group is an independent insurance firm based in Flowood,...
Gramercy Risk Holdings Acquires New York’s Executive Insurance Company
Apr 4 2019 // Gramercy Risk Holdings LLC, a Uniondale, N.Y.-based insurance holding company, has acquired Executive Insurance Company, a New York-domiciled admitted insurance company. Following the acquisition, Executive will be renamed...
