Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Randall & Quilter Signs Program Underwriting Partnerships with 3 European MGAs
Aug 16 2018 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary R&Q Insurance (Malta) Ltd. has signed three new program underwriting partnerships – or fronting arrangements – with...
Alera Group Acquires Barnes Insurance & Financial Services of Florida
Aug 15 2018 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Barnes Insurance & Financial Services (BIAFS) of Florida. BIAFS is a benefits agency with two...
TrueNorth Acquires Colorado’s Jewell Insurance
Aug 15 2018 // TrueNorth Companies has acquired Greenwood Village, Colorado-based Jewell Insurance. Jewell Insurance will adopt the TrueNorth name and brand to further expand the firm’s presence throughout Colorado. Located in...
XL Catlin Expands M&A Underwriting Team with Khalidi and Jensen
Aug 14 2018 // XL Catlin insurance operations recently added Naveed Khalidi and Michelle Jensen to its team of Mergers and Acquisitions (M&A) insurance underwriters. Khalidi joins XL Catlin from Allied World Assurance Co., where he...
Norman-Spencer Acquires Arizona’s American Insurance Professionals
Aug 13 2018 // Norman-Spencer Agency Inc. (NSA) has acquired American Insurance Professionals (AIP), a nationwide insurance broker based in Phoenix, Arizona, specializing in title agents errors and omissions. AIP has more than 30 years...
Higginbotham Acquires Aviation Specialist, Colt Risk Management
Aug 10 2018 // Fort Worth, Texas-based Higginbotham has acquired Colt Risk Management Services (CRMS). CRMS is an independent commercial insurance broker specializing in aviation risk. The CRMS team has moved to Higginbotham’s...
Starr Partners with Travel Shield on Canadian Medical Insurance Super Visa
Aug 10 2018 // Starr Companies will underwrite a Super Visa Insurance product sold by Travel Shield, a trade name used by Mars Empire Group Inc. The product is designed to meet the medical insurance requirements of the Canadian super...
Hub Acquires Assets of Maine’s Kilbride & Harris Insurance Services
Aug 9 2018 // Hub International Limited, a global insurance brokerage, has acquired the assets of Kilbride & Harris Insurance Services LLC. Terms of the acquisition were not disclosed. Located in South Portland, Maine, Kilbride...
American Medical Association Claims CVS-Aetna Merger Will Hike Drug Prices
Aug 9 2018 // The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health Corp.’s plan to buy insurance provider Aetna Inc., saying the deal could result in...
Hub International Buys Canadian Broker Blackstone Insurance, Benefits & Bonding
Aug 9 2018 // Hub International Ltd., the Chicago-based insurance broker, has acquired Canada’s Blackstone Insurance, Benefits & Bonding Inc. Terms of the acquisition were not disclosed. Headquartered in Saskatoon,...
Ping An Eyes Bid For Prudential’s Asia Business, in Biggest Outward M&A: Sources
Aug 9 2018 // Ping An Insurance (Group) Co. is considering buying Prudential Plc’s Asia business, people familiar with the matter said, a deal that would reshape Asia’s booming insurance industry and mark the biggest-ever...
Merger Deals Now Include #MeToo Sexual Harassment Clauses
Aug 9 2018 // On Wall Street, it’s known as “the Weinstein clause.” Advisers are adding guarantees to certain merger agreements in light of the sexual misconduct scandals that have enveloped the producer Harvey...
Leavitt Group Acquires ComTech in Utah
Aug 9 2018 // Leavitt Group is has acquired majority ownership in ComTech Specialty in St. George, Utah. The combined agency will rebrand as ComTech – Leavitt Group. Leavitt Group is a network of insurance brokers. ComTech...
Kaufman Dolowich & Voluck in California Names Magarian Partner
Aug 8 2018 // Kaufman Dolowich & Voluck has hired Christine Magarian as a partner in its Los Angeles, Calif. office. Magarian’s professional liability practice at KDV will focus on coverage litigation and coverage advice...
Hub International Acquires Ontario-Based Benefit Broker Services Inc.
Aug 8 2018 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Benefit Broker Services Inc. Terms of the acquisition were not disclosed. Located in Wallaceburg, Ontario, Benefit Broker provides...
Starr to Acquire Aspen’s Aviation Insurance Renewal Business
Aug 7 2018 // Starr Insurance Companies, one of the largest aviation insurers, has agreed to acquire the renewal rights of Aspen Insurance’s aviation business, which the insurer says is in excess of $50 million in gross written...
Norman-Spencer Acquires American Insurance Professionals in Arizona
Aug 7 2018 // Norman-Spencer Agency Inc. has acquired the business assets of American Insurance Professionals, a nationwide insurance broker based in Phoenix, Ariz. Terms of the deal were not disclosed. AIP provides errors and omissions...
North Risk Partners Acquires Iowa’s Benefit Solutions
Aug 7 2018 // Benefit Solutions Inc. (BSI) located in Hiawatha, Iowa, has been acquired by Minnesota-based independent insurance agency, North Risk Partners. Greg Dunn, BSI’s co-founder and preceding owner, will continue to head...
PEAK6 Acquires Aon’s National Flood Services
Aug 7 2018 // PEAK6 Investments LP announced it has acquired National Flood Services (NFS) from Aon plc. NFS is a provider of business process services in flood insurance. According to a statement, the firm support nearly 87,000 active...
Seeman Holtz Property & Casualty Acquires JEM Insurance of Florida
Aug 7 2018 // Seeman Holtz Property & Casualty, Inc. is has acquired JEM Insurance Services, Inc, headquartered in Boca Raton, Fla. JEM Insurance Services has been serving the South Florida area for over 13 years. The agency offers...
