Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub International Limited Acquires Assets of New York’s The Rubin Group
Jan 8 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of The Rubin Group Inc. Terms of the transaction were not disclosed. The Rubin Group President Michael Rubin, along with his team, will...
Arthur J. Gallagher & Co. Acquires Canadian Broker Jones Brown
Jan 8 2019 // Arthur J. Gallagher & Co. announced the acquisition of Canadian insurance broker Jones Brown Inc. and its subsidiaries. Terms of the transaction were not disclosed. Founded in 1997 and headquartered in Toronto, Jones...
R&Q’s EU Program Manager, Accredited, Forms Partnership with UK MGA Kitsune
Jan 8 2019 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a new program underwriting partnership with Kitsune Ltd., a UK managing...
Gallagher Signs Agreement to Buy UK Specialist Broker Stackhouse Poland
Jan 7 2019 // Arthur J. Gallagher & Co. announced it has signed a definitive agreement to acquire 100 percent of specialist UK insurance broker Stackhouse Poland Group Ltd. The transaction is subject to regulatory approval and is...
Kaplansky Insurance Acquires Massachusetts’ Burak Insurance
Jan 4 2019 // Kaplansky Insurance, an independent, locally owned agency in the Northeast, has acquired Burak Insurance, located in Canton, Mass. The addition of Burak marks Kaplansky Insurance’s 31st overall acquisition and its...
GMG Insurance Agency Acquires Pennsylvania’s Superior Benefits Plans
Jan 4 2019 // GMG Insurance Agency (GMG), an independent insurance and risk management agency offering nationwide coverage and services, has acquired Superior Benefits Plans LLC, an independent employee benefits insurance brokerage...
Nationwide Acquires Liability Insurance Program Manager E-Risk Services
Jan 4 2019 // Insurer Nationwide has acquired E-Risk Services, a privately-held, program manager specializing in management lines. Terms of the purchase agreement between were not disclosed. The transaction closed on January 1,...
Arthur J. Gallagher & Co. Acquires Pointer Insurance Agency of Mississippi
Jan 4 2019 // Arthur J. Gallagher & Co. has acquired Southaven, Miss.-based Pointer Insurance Agency, Inc. Terms of the transaction were not disclosed. Pointer Insurance Agency offers a broad range of property/casualty coverages to...
Indiana’s Worley Claims Services Buys Dallas’ Replacement Source of America
Jan 3 2019 // Fishers, Indiana-based insurance claims services provider, Worley Claims Services LLC (Worley) has acquired Replacement Source of America Inc. (ReSource), headquartered in Dallas. ReSource is a contents services company...
R&Q’s EU Program Manager, Accredited, Forms Partnership with CPD Underwriting
Jan 3 2019 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a new program underwriting partnership with CPD Underwriting Solutions Ltd.,...
Carlyle Group Completes Acquisition of Majority Ownership in Sedgwick
Jan 2 2019 // The Carlyle Group Global is now the majority owner of claims and technology services firm Sedgwick. Funds managed by Carlyle completed an ownership transaction that is valued at approximately $6.7 billion on Dec....
Kentucky Gov Appoints Collins to State Workers’ Comp Funding Commission
Jan 2 2019 // Kentucky Gov. Matt Bevin has appointed Brenda Collins as a member of the Kentucky Workers’ Compensation Funding Commission. Collins, of Alvaton, is a benefits distributor for Constellium-UACJ. She will represent...
Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5%
Dec 31 2018 // Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to 49 percent from 25.5 percent. Through this transaction, Generali has committed up to approximately...
Arthur J. Gallagher & Co. Acquires Pennsylvania’s Preston-Patterson Co.
Dec 31 2018 // Arthur J. Gallagher & Co. has acquired Conshohocken, Penn.-based Preston-Patterson Co. Inc. Terms of the transaction were not disclosed. Founded in 1947, Preston-Patterson is a retail property and casualty insurance...
INSURICA Acquires Oklahoma, Texas Firms; Adds Tolentino to Construction Unit
Dec 28 2018 // INSURICA, a privately-owned insurance agency headquartered in Oklahoma City, has acquired two insurance firms and hired Glen Tolentino to its construction practice in the fourth quarter. INSURICA acquired Norman,...
The Hilb Group Acquires Massachusetts’ H.J. Knight International Insurance Agency
Dec 27 2018 // The Hilb Group LLC (THG) has acquired Massachusetts-based H.J. Knight International Insurance Agency Inc. (HJK). The transaction became effective December 1, 2018. HJK is a full-service brokerage in the commercial...
Plymouth Rock to Acquire MAPFRE Insurance Company of New York
Dec 27 2018 // The New York State Department of Financial Services (DFS) has approved an application by Plymouth Rock Assurance Corporation to acquire MAPFRE Insurance Company of New York, a New York domestic property and casualty...
P/C Insurer Trade Groups AIA and PCI Agree on Merger, New Name Starting Jan. 1
Dec 27 2018 // Members of the Property Casualty Insurers Association of America and the American Insurance Association have approved a merger that takes effect Jan. 1, 2019. The combined organization is set to have a new name, the...
Miller Completes Acquisition of London Re/Insurance Broker Alston Gayle
Dec 21 2018 // Insurance broker Miller Insurance Services LLP announced that following receipt of all necessary regulatory approvals, it has completed its acquisition of Alston Gayler and Co. (AG). The transaction strengthens...
Houston’s Dean & Draper Insurance Acquires Bill Vawter & Co.
Dec 21 2018 // Dean & Draper Insurance Agency LP, headquartered in Houston, has acquired Bill Vawter & Company, a Houston-based agency specializing in personal insurance, employee benefits and a variety of industry-specific...
