Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Alera Group Acquires Whipple & Company of Florida
Feb 12 2019 // Alera Group, a national insurance firm, has acquired Whipple & Company, effective Feb. 1, 2019. Terms of the transaction were not announced. Whipple & Company, based in Boca Raton, Fla., was founded in late 2016 by...
eDriving Appoints Shishko as Vice President of Strategic Partnerships
Feb 8 2019 // eDriving, a global provider of driver risk management programs with a U.S. headquarters in Cape May, N.J., has appointed Eric Shishko as vice president of Strategic Partnerships. In his new role, Shishko will facilitate...
Brown & Brown Insurance Agency of Virginia Acquires LRS&C
Feb 8 2019 // Brown & Brown Insurance Agency of Virginia Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of LRS&C. Brown & Brown Inc. is an insurance brokerage firm providing risk...
Fehrenbacher Returns to ONI Risk Partners in Management Role
Feb 8 2019 // Indianapolis-based independent insurance broker, ONI Risk Partners (ONI) has welcomed back Andrea Fehrenbacher in a new role as managing director of placement and risk transfer. In this key role, Fehrenbacher leads the ONI...
Hub Acquires Business from Fortenberry McNamara of Mississippi
Feb 8 2019 // Hub International Limited has acquired a book of business from Fortenberry McNamara, LLC of Jackson, Miss. Terms of the transaction were not disclosed. Fortenberry McNamara, an affiliate of Executive Planning Group, P.A.,...
Ames & Gough Appoints Parent as Equity Partner
Feb 7 2019 // Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations and nonprofits, and other professional service organizations, has appointed...
Hub International Adds Hickey in Indianapolis, Acquires Motorsports Business
Feb 6 2019 // Chicago-based insurance brokerage Hub International Limited (Hub) has hired sports and entertainment specialist, Darren Hickey, and acquired a motorsports book of business as well, the company announced. Hickey, who is...
Generali Global Assistance Acquires Travel Insurance Agency Trip Mate from A.J. Gallagher
Feb 6 2019 // Generali Global Assistance said it has acquired Trip Mate from Arthur J. Gallagher. Details were not disclosed. Trip Mate is incorporated in Kansas and domiciled in the state of Missouri. It is licensed in all states. Its...
Relation Enters Agreement to Acquire New York’s J. Deutsch Associates
Feb 6 2019 // Relation Insurance Services, an insurance brokerage that offers risk management benefits and third party administrator (TPA) consulting services through its family of brands across the U.S., has entered into a definitive...
USI Insurance Services Acquires New York’s GFI Insurance Brokerage
Feb 5 2019 // USI Insurance Services (USI), a provider of insurance brokerage and risk management, has acquired New York-based GFI Insurance Brokerage Inc. Terms of the transaction were not disclosed. Founded in 2003, GFI provides...
Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France
Feb 5 2019 // Swiss Re Corporate Solutions is expanding its cyber offering by launching CyberSolution 360°, a risk management solution that combines insurance with cyber attack protection services. Developed in the exclusive...
Hub Acquires Assets of Texas Agency, US Insurance Source
Feb 4 2019 // Insurance broker Hub International Limited has acquired the assets of US Insurance Source LLC and certain of its affiliates (USIS). Terms of the transaction were not disclosed. Headquartered in Spring, Texas, USIS is an...
Ryan Specialty Group Acquires Assets, Operations of Boston Insurance Specialists
Feb 4 2019 // Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Mass. Terms of...
Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree
Feb 4 2019 // Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down...
BGC Partners Completes Acquisition of UK’s Ed Broking Group
Feb 1 2019 // BGC Partners, Inc., a global brokerage and financial technology company, announced it has completed the acquisition of Ed Broking Group Ltd., the London-based independent Lloyd’s broker. BGC acquired 100 percent of...
MMC Acquisition of JLT on Track to Close in Spring
Jan 31 2019 // Marsh & McLennan Cos.’ $5.6 billion acquisition of Jardine Lloyd Thompson Group is on track to close this spring. MMC CEO Dan Glaser, who described the deal as one of “strength on strength,” told...
New Hampshire’s Optisure Risk Partners Hires Roy to Business Insurance Division
Jan 31 2019 // Optisure Risk Partners, a national insurance and risk management firm headquartered in Manchester, N.H., has hired Jackie Roy as an account executive in the business insurance division, providing professional and...
Underwriting Platform elseco Agrees to Buy MGA, Selected Renewal Rights from StarStone
Jan 31 2019 // Specialty underwriting platform elseco has entered into an agreement with global specialty insurer StarStone to acquire its managing general agent, Malakite Underwriting Partners Ltd., and the renewal rights to...
Insurtech Geared to Autonomous Vehicle Coverage Grabs $5 Million in Funding
Jan 30 2019 // A startup focused on rewarding drivers and fleet owners that use autonomous vehicles and semi-autonomous car safety features has raised $5 million in seed funding. California-based Avinew’s technology uses artificial...
Arthur J. Gallagher Acquires The Chapman Group in Louisiana
Jan 30 2019 // Global insurance brokerage, risk management and consulting services firm ,Arthur J. Gallagher & Co., has acquired Baton Rouge, Louisiana-based The Chapman Group Inc. Terms of the transaction were not disclosed. Founded...
