Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Brown & Brown of Kentucky Acquires FNI Management Group
Oct 11 2018 // Brown & Brown of Kentucky, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of FNI Management Group, according to an announcement by Scott Penny, chief acquisitions officer of...
Alera Group Acquires Distinctive Insurance and GLB in Nevada
Oct 10 2018 // Alera Group has acquired Distinctive Insurance and GLB Insurance Group of Nevada. Terms of the deals weren’t disclosed. Distinctive Insurance is an employee benefits consulting and insurance firm located in Southern...
Efficiency, Insurtech, Auto Uncertainty Drive Insurance M&A Activity, Says S&P
Oct 10 2018 // After one of the most active years for mergers and acquisitions in property/casualty and life insurance, market conditions point to a continued push for deals, according to analysis by S&P Global Market...
Ascot Opens U.S. Unit, Names Wolyniec CEO, Completes Greyhawk Acquisition
Oct 10 2018 // Bermuda specialty insurer Ascot Group has launched Ascot Insurance U.S. and appointed Greg Wolyniec as its president and chief executive officer. Ascot also announced the completion of the acquisition of Greyhawk Insurance...
Kapnick Acquires A.E. Mourad in Michigan
Oct 8 2018 // Kapnick Insurance Group has acquired Warren, Mich.-based A.E. Mourad Agency. The Mourad team will join Kapnick in their Troy offices in early 2019. A.E. Mourad is an independent agency that provides a variety of services...
Insgroup Acquires Fred Brown Companies in Texas
Oct 8 2018 // Insgroup Inc. has acquired Houston, Texas-based Fred Brown Insurance Brokerage to enhance its Employee Benefits offering to large employer groups. Insgroup also acquired Fred Brown Property Casualty. Terms of the deal were...
AXA Becomes Global Insurance Partner of UK’s Liverpool Football Club
Oct 5 2018 // AXA becomes the “official global insurance partner” for Liverpool Football Club, which is part of the English Premier League. In addition to providing excellent global brand visibility and raising AXA’s...
Lending Tree to Buy Online Insurance Service QuoteWizard for $370M
Oct 5 2018 // Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces. Since its founding in 2006, QuoteWizard has helped nearly...
Seeman Holtz Property & Casualty Acquires Spencer Insurance Agency of Florida
Oct 5 2018 // Florida-based Seeman Holtz Property & Casualty, Inc. has acquired Spencer Insurance Agency LLC, headquartered in Hobe Sound, Fla. Spencer Insurance Agency has been serving the Eastern coast of Florida for over 25...
Randall & Quilter to Acquire Coffey Group’s Irish Captive
Oct 4 2018 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced it has entered into an agreement to acquire Western Captive Insurance Company Designated Activity Company (WCIC) from the Coffey Group of companies in...
MJ Insurance, HealthJoy Partner on Employee Benefits
Oct 4 2018 // MJ Insurance, headquartered in Indianapolis, has partnered with HealthJoy, a healthcare guidance platform that helps employees make informed healthcare decisions and provides a variety of cost containment strategies to...
North Carolina Lawmakers Approve Florence Recovery Legislation, $57M in Funding
Oct 4 2018 // In a rare show of bipartisanship, the North Carolina legislature quickly approved Tuesday legislation described as financial and policy down payments on what’s expected to be a long, expensive recovery from Hurricane...
Canada MGA Totten Insurance Buys Lloyd’s Coverholder Anderson McTague
Oct 3 2018 // Totten Insurance Group Inc., a Toronto-based managing general agency, announced it has acquired Anderson McTague & Associates Ltd. Terms of the transaction were not disclosed. Headquartered in Saint John, New...
Louisiana’s Eustis Insurance & Benefits Acquired by Marsh & McLennan Agency
Oct 3 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Eustis Insurance & Benefits, a Louisiana-based independent insurance agency. Terms of the acquisition were not...
Alliant Acquires Zande Group in Illinois
Oct 3 2018 // Alliant Insurance Services has acquired the property/casualty insurance services firm, Zande Group, based in Des Plaines, Illinois. Zande Group delivers premium, tailored commercial and personal insurance products and...
IAT Insurance Group Finalizes Acquisition of New Jersey’s IFIC Surety Group
Oct 2 2018 // IAT Insurance Group, a Raleigh, N.C.-headquartered provider of specialty property and casualty products, has finalized its acquisition of Newark, N.J.-headquartered IFIC Surety Group Inc. IFIC consists of International...
Cooley Adds Lawson to Partnership in Massachusetts
Oct 2 2018 // Cooley is expanding its global insurance and insurtech leadership with the election of Heidi Lawson to the partnership. Based in Boston, Mass., Lawson arrived at Cooley in April as of counsel. Formerly an insurance partner...
Worldwide Facilities Acquires Assets of Massachusetts’ Draco Insurance Solutions
Oct 2 2018 // Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired the assets of Draco Insurance Solutions Inc., a Boston, Mass.-based program manager specializing...
Pacific Health Care in California Begins Strategic Acquisition Search
Oct 1 2018 // Newport Beach, Calif.-based Pacific Health Care Organization Inc. in late September announced the launch of a strategic acquisition search for an insurance company to add to its suite of comprehensive workers’ comp...
Mitchell International Enters Merger Agreement with Pennsylvania’s Genex
Sep 28 2018 // Mitchell International, a San Diego, Calif.-headquartered provider of technology, connectivity and information to the property and casualty insurance and collision repair industries, and Genex, a provider of clinical...
