Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Marsh & McLennan Agency to Acquire Bouchard Insurance of Florida
Jan 22 2019 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has reached agreement to acquire Clearwater, Fla.-based Bouchard Insurance, a full-service agency in Florida. Terms of the transaction,...
K2 Insurance Acquires Assets, Operations of Nebraska’s Mid-America Risk Managers
Jan 22 2019 // K2 Insurance Services LLC (K2) has completed its acquisition of the assets and operations of Mid-America Risk Managers Inc. (MARM). MARM, based in Omaha, Nebraska, is a farm and agricultural focused specialty general...
Alliant in California Forms Partnership with PSP Investments
Jan 22 2019 // Newport Beach, Calif.-based Alliant Insurance Services Inc. announced that a Canadian pension investment manager is making an investment in the firm. The investment by the Public Sector Pension Investment Board is joined...
Legacy Acquirer DARAG Buys Italian Motor Business from DONAU Versicherung
Jan 22 2019 // Legacy Acquirer DARAG Group Ltd. announced it has agreed to purchase a portfolio of Italian non-life business, consisting primarily of motor third party liability from DONAU Versicherung AG. Financial details of the...
With Shutdown, Oklahoma’s Rural Fire Departments Fear Funding Issues
Jan 22 2019 // Oklahoma officials anticipate problems with funding the state’s rural firefighting services if the partial federal government shutdown persists. The Oklahoma Department of Agriculture’s forestry division...
Arthur J. Gallagher Acquires Interstate Insurance Underwriters in Louisiana
Jan 18 2019 // Arthur J. Gallagher & Co. has acquired Shreveport, Louisiana-based Interstate Insurance Underwriters LLC, the company announced. Terms of the transaction were not disclosed. Founded in 1963, Interstate Insurance...
Vital Insurance Partners Names Kochman Senior VP of Program Placement
Jan 18 2019 // Vital Insurance Partners, an insurance consulting and program intermediary, has named Curtis Kochman senior vice president of Program Placement. Kochman, who will be based in Pittsburgh, Penn., will be responsible for the...
Brown & Brown Subsidiary Acquires Illinois’ Izzo Insurance Services
Jan 17 2019 // Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Izzo Insurance Services Inc., based in Bloomingdale, Illinois. Founded in 1980 by Karen Izzo, Izzo Insurance...
Guy Carpenter Forms New Division, Makes Post-JLT Merger Leadership Appointments
Jan 17 2019 // Reinsurance broker Guy Carpenter & Co. announced the formation of a new Global Capital Solutions Group as well as a series of leadership appointments that will become effective upon the closing of the acquisition of...
Kaplansky Insurance Acquires Massachusetts’ KW Insurance
Jan 17 2019 // Kaplansky Insurance, an independent locally owned agency in the Northeastern U.S., has acquired KW Insurance, a full-service agency with locations in Dedham and Cambridge, Mass. Following the acquisition, the KW Dedham...
New Hampshire’s Optisure Risk Partners Hires Soden
Jan 16 2019 // Optisure Risk Partners, a Manchester, N.H.-based provider of risk management and insurance, has hired Greg Soden as vice president of revenue development. In this role, Soden will work as part of the executive leadership...
AmWINS to Acquire The Flood Insurance Agency
Jan 14 2019 // Specialty insurance broker AmWINS Group has agreed to acquire The Flood Insurance Agency, a Florida-based managing general agency that specializes in private market flood insurance. Scott M. Purviance, chief executive...
Hub International Buys Montreal-Headquartered Forum Risques et Assurance
Jan 11 2019 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Forum Risques et Assurance Inc. Terms of the transaction were not disclosed. Based in Montreal, Quebec, Canada, Forum is a boutique...
ONI Risk Partners Acquires Indiana’s MBAH Insurance
Jan 11 2019 // ONI Risk Partners (ONI), headquartered in Indianapolis, is acquiring MBAH Insurance (MBAH), a Lafayette, Indiana-based insurance agency that has been in operation for more than 90 years. The MBAH team joins ONI’s...
Arthur J. Gallagher & Co. Acquires Complete Benefit Alliance of Alabama
Jan 11 2019 // Arthur J. Gallagher & Co. has acquired Complete Benefit Alliance, LLC. Terms of the transaction were not disclosed. Founded in 1997, Complete Benefit Alliance (CBA) is a full-service benefits enrollment and...
Illinois’ Sheridan Road Financial Acquired by Hub International
Jan 10 2019 // Chicago-based, global insurance brokerage Hub International Limited (Hub) has acquired the assets of Sheridan Road Financial LLC (Sheridan Road), an institutional retirement consulting and private wealth firm, and certain...
The Hilb Group Acquires Maryland’s D’Camera Group
Jan 10 2019 // The Hilb Group LLC (THG) has acquired D’Camera Group (DG). The transaction became effective January 1, 2019. Located in Annapolis, Md., DG is a full-service insurance agency founded in 2006 and primarily provides...
The Hilb Group Acquires Rhode Island’s Aloisio Insurance Associates
Jan 9 2019 // The Hilb Group LLC (THG) has acquired Rhode Island-based Aloisio Insurance Associates Inc. (AIA). AIA, a full-service insurance agency, primarily provides property and casualty insurance to individuals and businesses in...
Arthur J. Gallagher & Co. Acquires Michigan’s First Agency
Jan 8 2019 // Arthur J. Gallagher & Co. has acquired Kalamazoo, Michigan-based First Agency Inc. Terms of the transaction were not disclosed. Founded in 1959, First Agency Inc. is a broker and managing general agency specialized in...
Seeman Holtz P&C Acquires Houston’s Premier Medical Practice Group
Jan 8 2019 // Seeman Holtz Property & Casualty LLC has acquired Professional Medical Insurance Services (PMIS), headquartered in Houston, with seven other offices across the country. This PMIS medical and malpractice group will...
