Latest Mergers & Acquisitions Headlines

All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.

New York City’s Global Excess Partners Promotes Cook to VP, Managing Director

Jan 23 2019 // Global Excess Partners (GEP), a specialty insurance organization, has promoted Brendan Cook from vice president to vice president and managing director. He reports to Chris Zoidis, corporate executive vice president of...

XPT Group Acquires New York City’s SVA Underwriting Services

Jan 23 2019 // XPT Group LLC has acquired SVA Underwriting Services Inc., a trucking and transportation MGA and Lloyd’s Coverholder. SVA Underwriting specializes in physical damage and cargo cover with the ability to underwrite,...

Indiana’s United Health Actuarial Services Acquired by Risk Strategies

Jan 23 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired United Health Actuarial Services Inc. (UHAS), a health actuarial, management, and underwriting consulting firm based...

California Lawmaker to Introduce Bill to Free up Funding for Retrofits

Jan 22 2019 // California state Sen. Majority Leader Bob Hertzberg, D-Van Nuys, on Tuesday announced a bill to allocate $1 billion in funding over the next 10 years to retrofit homes across California. The bill was timed to follow the...

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...