Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Bishop Street Enters Commercial Lines With Acquisition of MGA Conifer
Sep 5 2024 // Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings,...
Moody’s Acquires Praedicat to Add Casualty and Liability Models
Sep 5 2024 // Moody’s Corp. today said it acquired analytics firm Praedicat. The acquisition adds casualty and liability modeling to Moody’s range of market leading solutions for the insurance industry. Terms of the deal...
Relation Insurance Acquires Maryland’s Haney Company
Sep 5 2024 // Relation Insurance Services reports it has acquired the assets of The Haney Company Inc. of Silver Spring, Maryland. The transaction went into effect on May 1, 2024; terms were not disclosed. Haney offers employee...
Inszone Acquires Cascade Insurance Center in Oregon
Sep 5 2024 // Inszone Insurance Services acquired Cascade Insurance Center in the Bend, Oregon. The Cascade Insurance Center team will continue to operate out of their Bend location under the Inszone Insurance Services...
UK’s Specialist Risk Group Acquires Motor Fleet MGA Capulus
Sep 4 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Capulus, a specialist motor fleet managing general agent (MGA). Financial details of the deal were not disclosed. Based in...
Clear Group Acquires UK MGA Accelerate Underwriting
Sep 4 2024 // The Clear Group, the London-based independent insurance broker, announced the acquisition of the managing general agency, Accelerate Underwriting. Financial terms of the deal, which is its fourth involving an MGA, were not...
Schrager Hampson Aviation Acquires Northeast Aviation & Marine of New York
Sep 4 2024 // Massachusetts-based Schrager Hampson Aviation Insurance Group reports it has acquired Northeast Aviation & Marine Insurance Brokers of Schenectady, New York. Northeast Aviation & Marine handles aviation including...
Michigan’s Conifer Holdings Sells Insurance Agency Operations
Sep 3 2024 // Conifer Holdings announced that it completed the sale of its insurance agency operations for consideration equal to $45 million (subject to transaction expenses and customary purchase price adjustments), plus possible...
Ryan Specialty Agrees to Buy Certain Assets of Ardonagh’s Geo Underwriting Europe
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo...
Ryan Specialty to Acquire P/C MGUs From Ascot’s Ethos Specialty
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire the property and casualty (P/C) MGUs owned by Ethos Specialty Insurance LLC from Ascot...
Sica Fletcher Index: Agency-Broker M&A Down Slightly in First Half 2024
Sep 2 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during...
Specialist Risk Group Acquires Renewal Rights of London-Based Taxi Insurance Broker
Aug 30 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since...
PCF Brokerage Buys Part of Kentucky Health Solutions in 14th Acquisition This Year
Aug 30 2024 // PCF Insurance Services, a large U.S. brokerage handling commercial and personal lines, life and health, workers’ compensation and employee benefits, has acquired the insurance business of Kentucky Health...
Unison’s RCM&D Acquires Virginia Benefits Firm MillenGroup
Aug 30 2024 // Maryland-based insurance, benefits and risk management firm RCM&D announced the acquisition of MillenGroup, a Richmond, Virginia-based benefits advisory firm. Laura Millen, founder and senior managing partner, and John...
LTC Global Acquires Michael L. Fitzgerald Insurance Services in California
Aug 30 2024 // LTC Global Inc. acquired Michael L. Fitzgerald Insurance Services Inc. in Walnut Creek, California. Michael Fitzgerald will continue to manage the business, which operates across Northern California. Michael L. Fitzgerald...
Crest Insurance Group Acquires Winren in Arizona
Aug 29 2024 // Crest Insurance Group acquired Winren Inc. in Scottsdale, Arizona. Winren is an insurance agency specializing in group benefits insurance. Winren CEO Blaise Byrne has been in the industry since 1984. Crest is an insurance...
Highstreet Acquires Wingert Insurance Agency in Washington
Aug 28 2024 // Highstreet Insurance Partners acquired Wingert Insurance Agency in Mill Creek, Washington. Wingert President Jason Wingert and Agency Vice President Shelley Wingert will continue leading their team at Wingert’s...
Inszone Acquires Texas’ Keith Williams Insurance Agency
Aug 27 2024 // Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. (KWI), a Victoria, Texas-based agency serving individuals and...
UK Broker Clear Group Acquires R T Waters Ltd.
Aug 27 2024 // Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s...
FCBI, a Florida Workers’ Comp Fund, Acquires MidSouth Mutual in Tennessee
Aug 26 2024 // FCBI, a self-insurance fund founded 45 years ago to provide workers’ compensation plans to Florida citrus growers, is expanding well beyond the Sunshine State with the acquisition of MidSouth Mutual Insurance Co. in...