Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub Acquires Assets of Houston’s Peak Financial Group
Mar 7 2019 // Hub International Limited (Hub), a global insurance brokerage headquartered in Chicago, has acquired the assets of Peak Financial Group LLC (Peak Financial Group) in Houston, Texas. Terms of the transaction were not...
Mayer Brown Names Insurance Transaction Attorney Chen Partner in California
Mar 7 2019 // Mayer Brown has named Paul P. Chen a partner in the corporate and securities practice in Northern California. Chen focuses on complex transactions in the insurance, financial services and health care sectors, especially...
Aon Partners with Insurtech Skytek to Track Marine Risk Accumulations
Mar 7 2019 // Aon plc has partnered with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and...
Patriot Growth Insurance Services Acquires Turner Insurance & Bonding Co. of Atlanta
Mar 7 2019 // Patriot Growth Insurance Services, LLC, a national retail insurance agency, has added Turner Insurance & Bonding Company to the Patriot platform. The addition of Turner deepens Patriot’s property and casualty...
McGowan Acquires Assets of Edgewater Holdings in Chicago
Mar 6 2019 // The McGowan Companies (McGowan), headquartered in Fairview Park, Ohio, announced it has purchased certain assets of the Chicago, Illinois-based program administrator, Edgewater Holdings Ltd. (Edgewater). Edgewater will be...
Aon Will Not Pursue Merger with Willis Towers Watson
Mar 6 2019 // Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the...
Ryan Specialty Group Closes Acquisition of Oklahoma’s Westphalen Insurance
Mar 5 2019 // Chicago-based Ryan Specialty Group LLC has acquired the assets and operations of Westphalen Insurance Services Inc. (Westphalen), an independently owned wholesale insurance brokerage with offices in Edmond, Oklahoma. The...
Ryan Specialty Group’s Acquisition of Myron F. Steves Complete
Mar 5 2019 // Chicago-based Ryan Specialty Group LLC has acquired the assets and operations of Myron F. Steves & Co. (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with...
Update: Aon Considers Bid to Buy Willis Towers Watson
Mar 5 2019 // Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger. Aon is in the early stages of exploring an all-share tie-up with...
Relation Insurance Acquires Villane Ward in California
Mar 5 2019 // Relation Insurance Services has acquired Villane Ward Insurance Services Inc. in Fresno, Calif. Terms for the deal were not disclosed. Villane Ward is a privately owned and operated employee benefits brokerage that...
Marsh & McLennan Agency Acquires Maryland’s Employee Benefits Group
Mar 5 2019 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Employee Benefits Group Inc. (EBG), a Bethesda, Md.-based independent insurance agency specializing in employee benefits and...
Aon Partners with Insurtech Firm Skytek to Track Marine Risk Accumulations
Mar 5 2019 // Aon plc is partnering with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and...
NIP Group, AXA XL Partner on Greenhouse, Garden Center, Nursery Insurance Program
Mar 5 2019 // NIP Group, Inc. has entered into an underwriting agreement with AXA XL on its GrowPro insurance program. GrowPro provides a complete insurance product for greenhouse growers, nurseries and garden centers...
AmWINS Completes Acquisition of The Flood Insurance Agency of Florida
Mar 5 2019 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the acquisition of The Flood Insurance Agency (TFIA), a Florida-based managing general agency that specializes in private...
Hub International Acquires Assets of Wisconsin’s Integrated Risk Solutions
Mar 4 2019 // Hub International Limited (Hub), a global insurance brokerage headquartered in Chicago, has acquired the assets of Integrated Risk Solutions Inc. (Integrated Risk). Terms of the transaction were not disclosed. Based in...
CFM Insurance Acquires Missouri’s Cornerstone National Insurance
Mar 4 2019 // CFM Insurance Inc., a mutual insurance company headquartered in Concordia, Missouri, has finalized its acquisition of Cornerstone National Insurance Co., a stock company based in Columbia, Missouri. With this acquisition,...
Aon Partners with Claim Central; Opens New Claims Center in Florida
Mar 4 2019 // Aon plc has established a strategic alliance with global insurtech firm Claim Central to digitize and streamline claim management capabilities and improve the customer experience through technology and services developed...
InterWest Acquires Placer Insurance Agency in California
Mar 4 2019 // InterWest Insurance Services has acquired Placer Insurance Agency in Roseville, Calif. Terms of the deal were not disclosed. Placer specializes in commercial, surety bonds, employee benefits and personal insurance...
Legacy Acquirer R&Q Buys UK’s Nationale-Nederlanden Internationale Schadeverzekering
Mar 4 2019 // Randall & Quilter Investment Holdings Ltd. announced it has completed the acquisition of the entire issued share capital of UK-based Nationale-Nederlanden Internationale Schadeverzekering SE (NNIS) from its owners NN...
Insurance Group of St. Charles County Acquires Atlanta-Based BLP Insurance Services
Mar 1 2019 // Insurance Group of St. Charles County has purchased BLP Insurance Services dba Pelt Risk Advisors, an Atlanta-based insurance company founded in 2010 by Byron Pelt. Insurance Group of St. Charles County, headquartered in...
