Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Tech Company Roost Forms Insurer Partnerships for Home Telematics Pilot
Feb 13 2018 // Roost, a provider of home telematics for property insurance carriers, has partnered with Erie Insurance to test customer engagement with its Roost Smart Water Leak and Freeze Detector device in order to prevent water...
Vital Insurance Partners Names Matlach VP, Product Development in Arizona
Feb 12 2018 // Vital Insurance Partners, an insurance consultant and program intermediary, has named Meg Matlach vice president of Product Development. Based in Phoenix, Arizona, she is responsible for product development and program...
Hub International Acquires Canadian Broker Kindersley Insurance
Feb 12 2018 // Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd. Terms of the acquisition were not disclosed. Headquartered in Kindersley,...
Sompo International to Buy Italian Agriculture Insurer A&A
Feb 9 2018 // Sompo International said it has agreed to buy an Italian agriculture insurer in a bid to broaden the reach of a new, recently launched global technology platform focused on the sector. The Bermuda-based specialty...
Software Firm Sapiens to Grow U.S. Market with Acquisition of Adaptik
Feb 9 2018 // Global insurance software firm Sapiens International Corp. has agreed to buy Adaptik, a rival insurance software company focused on policy administration and billing. The move is expected to help the Israeli company boost...
NSM Insurance Group Acquires TranSpec of Tennessee
Feb 9 2018 // NSM Insurance Group, the national leader of industry-specific insurance program administration, announced Tuesday that it has acquired TranSpec, a highly specialized transportation insurance broker located in...
HVACi Acquires Kentucky-Based Donan Engineering’s HVAC Forensics Division
Feb 8 2018 // HVAC Investigators (HVACi), a national provider of HVAC damage assessments for insurance claims, has acquired Donan Engineering’s HVAC Forensics division, based in Louisville, Ky. The consolidation of two brands in...
Tort Reform Upstages Effort to Put Road Funding Measure on Arkansas Ballot
Feb 8 2018 // The Arkansas Highway Commission has voted to drop an effort to put a road funding plan on the November ballot and instead will try again with a proposal it will advocate to lawmakers next year. Commissioners cited the...
Alera Group Acquires Three East Region Firms
Feb 8 2018 // Alera Group, a Deerfield, Ill.-based national employee benefits, property/casualty, risk management and wealth management firm, has acquired three East region firms, effective February 1, 2018. Aisling Partners Insurance...
Nationwide-Backed Fund to Acquire Solar Projects
Feb 8 2018 // Nationwide Mutual Insurance Co. and clean energy developer Sol Systems are investing $100 million into a fund they are forming to acquire U.S. solar projects. The Helios Infrastructure Fund plans to buy more than 330...
Japan’s SoftBank in Talks to Buy Stake in Swiss Re
Feb 7 2018 // Swiss Re said it is in preliminary talks to sell a minority stake to SoftBank Group – a deal that reportedly could be worth $10 billion or more, in what would be the Japanese firm’s biggest financial services...
Alera Group Acquires Davidson Benefits Planning in Oregon
Feb 7 2018 // Alera Group has acquired Davidson Benefits Planning, headquartered in Tigard, Ore. Alera made the purchase along with the purchase of three other firms effective Feb. 1, bringing the total number of acquisitions since...
AmWINS Completes Acquisition of Seacoast Brokers, Trident Claims Management
Feb 7 2018 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the previously announced acquisition of Seacoast Brokers, LLC, and Trident Claims Management, LLC. Seacoast is a personal...
Arthur J. Gallagher Acquires South Dakota’s Williams Insurance Agency
Feb 7 2018 // Arthur J. Gallagher & Co. has acquired Sioux Falls, South Dakota-based Williams Insurance Agency Inc. Terms of the transaction were not disclosed. Founded in 1967, Williams Insurance Agency offers a full range of...
Munich Re to Offer Drone Services to Clients Through Partnership with Betterview
Feb 6 2018 // Betterview, a drone-based inspection company specializing in risk and damage assessments, has formed an agreement with Munich Reinsurance America, Inc. (Munich Re) to offer drone imagery, analysis and reporting to Munich...
Hub Acquires Assets of Der Manouel in California
Feb 6 2018 // Hub International Ltd. has acquired the assets of Fresno, Calif.-based Der Manouel Insurance & Financial Services Inc. Terms of the deal were not disclosed. DMIG’s leadership team and staff will join Hub...
Technology Partnerships Key to Insurance Industry’s Exit from `Stone Age:’ Aviva CEO
Feb 6 2018 // The insurance industry is “generally in the stone age,” and partnerships with technology companies are the way forward, according to Aviva Plc’s chief executive officer. His company, the U.K.’s...
Worley Claims Services Acquires Audit Services Incorporated of Georgia
Feb 6 2018 // Worley Claims Services, LLC, a provider of claims services in North America, has acquired Audit Services Incorporated (ASI), a claim estimate writing and review supplier for the property and auto insurance markets based in...
Hub International Acquires Texas-Based IPS Advisors
Feb 5 2018 // Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of IPS Advisors LLP and IPS RIA LLC (IPS Advisors). IPS is headquartered in Dallas, Texas, with offices in Houston, Austin,...
Japan’s Peer-to-Peer Vouch Insurtech Raises Seed Funding
Feb 5 2018 // Taiwan venture capital firm Nogle Capital Management, Singapore venture capital firm GREE Ventures and several angel investors have participated in the seed funding round of SGD$1 million for Singapore startup Vouch...
