Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Draycott Named CEO of Ed Broking in Preparation for BGC Partners’ Purchase
Dec 10 2018 // Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Andrew Draycott as CEO-designate of Ed Broking in London. His appointment is subject to regulatory approvals and he will take...
Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.
Dec 10 2018 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers...
Haven Holdings Completes Acquisition of Wisconsin’s Time Insurance
Dec 7 2018 // San Juan, Puerto Rico-based Haven Holdings Inc. (Haven Holdings) has completed its acquisition of Wisconsin-based Time Insurance Co. from Interfinancial Inc., a wholly-owned subsidiary of Assurant Inc., the company...
Brown & Brown Acquires Texas’ Dealer Associates Inc.
Dec 7 2018 // Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all assets of Arlington, Texas-based Dealer Associates Inc. (DAI), the company reported. Since 1990, DAI has provided a...
JP Griffin Group in Arizona Partners with United Benefit Advisors
Dec 7 2018 // United Benefit Advisors has added JP Griffin Group to its family of partners. Scottsdale, Ariz.-based JP Griffin Group is a national employee benefit consulting firm specializing in the design, implementation and...
Gallagher Acquires UK Commercial Broker Pavey Group
Dec 7 2018 // Global insurance broker Gallagher has acquired commercial insurance broker Pavey Group Holdings in the southwest UK. With offices in Torquay, Exeter and Holsworthy in Devon, and Highbridge in Somerset, Pavey Group was...
Chris Black Insurance Partners with Florida-Based Insurance Seguros of America
Dec 7 2018 // Chris Black Insurance, a Lutz, Fla.-based independent insurance firm, has partnered with Insurance Seguros of America Ricketts, located in Wesley Chapel, Fla. The transaction was finalized on October 10, 2018. Founded in...
Congress to Extend Government Funding, Including Flood Program, Until Dec. 21
Dec 6 2018 // The House of Representatives today approved a two-week government spending bill and sent it to the Senate, which is expected to go along. The measure would prevent a partial government shutdown by authorizing funding until...
AssuredPartners Acquires Ohio’s Carriage Insurance Agency
Dec 6 2018 // AssuredPartners Inc. has acquired Carriage Insurance Agency Inc. located in Hudson, Ohio. Carriage Insurance is a general insurance agency who will continue to operate under the leadership of Bill Landess. In operation in...
Program Offering to Buy Out Louisiana Homeowners in Floodways
Dec 5 2018 // Louisiana program helping people affected by the 2016 floods is offering buyouts to those living in especially hazardous areas, state officials said. Restore Louisiana officials said that homeowners in floodways can...
JenCap Holdings to Acquire Risk Innovations of Atlanta
Dec 5 2018 // JenCap Holdings LLC (JCH), a specialty insurance business, will acquire privately-held Risk Innovations LLC, a specialty wholesale insurance broker based in Atlanta, Georgia. Financial terms were not disclosed. Risk...
Dean & Draper Insurance Acquires Houston’s Painter Reichman & Co.
Dec 5 2018 // Dean & Draper Insurance Agency LP has acquired Painter Reichman & Co., a Houston-based agency specializing in personal and commercial insurance. Painter Reichman & Co was founded in 1906 and was purchased by...
Generali Acquires Alternative Asset Management Firm CM Investment Solutions
Dec 5 2018 // Italian insurer Generali Group has acquired CM Investment Solutions Limited (CMISL), an alternative asset manager in London, from Bank of America Merrill Lynch. Details of the transaction were not disclosed. CMISL, which...
Judge Questions Government’s Approval of CVS Acquisition of Aetna
Dec 5 2018 // QQA federal judge who has been asked to sign off on the U.S. government’s decision to approve CVS Health Corp.’s acquisition of insurer Aetna Inc. said Tuesday he was “less convinced” than the...
Verisk to Acquire London Market Pricing Software Firm Rulebook
Dec 3 2018 // U.S.-based data analytics firm Verisk has agreed to acquire Rulebook, a provider of business intelligence and software for the London Insurance Market. The purchase price is $87 million in cash, which Verisk said will be...
NSM Acquires Louisiana’s KBK Insurance Group
Dec 3 2018 // NSM Insurance Group has acquired the assets of Harahan, Louisiana-based program manager, KBK Insurance Group. With over 25 years of experience, KBK specializes in the towing and transportation industries. NSM Insurance...
The Hartford Acquires Sharing Economy Insurance Specialist Y-Risk
Dec 3 2018 // The Hartford has purchased Y-Risk, a managing general underwriter that specializes in serving sharing and on-demand economy risks, from Allstar Financial Group, an Atlanta-based holding company with multiple specialty...
Marriott Starwood Data Breach Highlights Silent Cyber Risk in Acquisitions
Dec 3 2018 // Marriott International’s $13.6 billion purchase of Starwood Hotel & Resorts was a bet that its popular loyalty program would bring more travelers to its Courtyards and Residence Inns. It turns out Marriott was...
Macquarie Pursues 3-Way Joint Venture in China Under New Rule
Dec 3 2018 // Macquarie Group Ltd. is in advanced talks to create a majority-owned securities joint-venture firm in China, according to people familiar with the matter, the latest international bank seeking to establish itself in one of...
CVS Says It Closed on Deal to Buy Aetna But Judge Balks
Nov 30 2018 // In an unusual move on Thursday, a federal judge raised the prospect of not approving CVS Health Corp.’s deal to buy insurer Aetna Inc., which closed earlier this week, during a routine portion of the legal...
