Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Zurich to Acquire 80% Stake in Indonesia’s Adira Insurance for About $414M
Sep 27 2018 // Zurich Insurance is acquiring an 80 percent stake in Indonesia’s Adira Insurance from PT Bank Danamon Indonesia and a minority investor for at least around $414 million, the Swiss group said on...
Navigators Group, Being Acquired by The Hartford, Receives No Other Offers
Sep 26 2018 // The specialty insurer Navigators Group announced the expiration of a 30-day “go-shop” period provided for under the terms of its merger agreement with The Hartford Financial Services Group. Navigators said it...
Clearsurance Partners with CoverHound
Sep 26 2018 // Clearsurance, an online publisher of insurance consumer reviews and data, has announced its partnership with CoverHound, an online property and casualty insurance comparison platform. Based just outside of Boston, Mass.,...
Risk Strategies Expands Private Client Capabilities with Texas Acquisitions
Sep 25 2018 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Texas-based firms, Select Insurance Markets LLP (SIM) and Preferred Personal Insurance Agency LLP (PPIA). Terms of the...
HIIG Acquires Creative Risk Underwriters of Georgia
Sep 25 2018 // Houston International Insurance Group (HIIG) has agreed to purchase the remaining shares it did not own of Creative Risk Underwriters (CRU), a managing general underwriting agency (MGU) based in Marietta, Ga., specializing...
Pacific Health Care in California Begins Strategic Acquisition Search
Sep 24 2018 // Newport Beach, Calif.-based Pacific Health Care Organization Inc. today announced the launch of a strategic acquisition search for an insurance company to add to its suite of comprehensive workers’ comp...
AXIS Insurance, DUAL North America Partner on Environmental Risk Program
Sep 24 2018 // AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, to provide environmental risk product offerings...
Brown & Brown Acquires Vandroff Insurance Agency of Florida
Sep 24 2018 // Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Vandroff Insurance Agency, Inc., according to J. Scott Penny, chief acquisitions officer of Brown...
LISI Partners Adds Western Health Advantage in California
Sep 21 2018 // General agency LISI has added Western Health Advantage in Sacramento, Calif. to its portfolio of offerings. WHA is a non-profit HMO that offers benefit plans for employer group health coverage. LISI serves more than 8,000...