Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Reliance Partners Opening New Office in Chicago
Nov 2 2017 // Chattanooga, Tennessee-based commercial insurance provider, Reliance Partners, is expanding in the Midwest by opening a new office in the Chicago area. Edgar Mercado will lead the new Chicago office. Mercado started his...
JLT Specialty USA Adds Starr’s Vendetti to Construction Risk Partners
Nov 2 2017 // JLT Specialty USA announced the appointment of James Vendetti as a director for its construction insurance practice, Construction Risk Partners (CRP). Based in New York, Vendetti will focus on business development,...
AmWINS Completes Acquisition of 15 Insurance Programs from Willis Towers Watson
Nov 2 2017 // Specialty insurance broker AmWINS Group reported that it has completed the previously-announced acquisition of 15 insurance programs from Willis Towers Watson. Terms were not disclosed. “The programs, product...
Evergreen Acquires Pro Surety Bond in Nevada
Nov 2 2017 // Evergreen Insurance & Risk Management has acquired the assets Pro Surety Bond Inc. of Las Vegas, Nev. Terms of the deal were not disclosed. Pro Surety Bond delivers web-based insurance solutions with a focus on...
Allianz Worldwide Care Rebrands as Allianz Partners
Nov 2 2017 // Allianz Worldwide Care has changed its name to Allianz Partners, and its international health and life insurance products and services are now being promoted under the “Allianz Care” product brand. As...
Guidewire Completes Cyence Acquisition; Names Sherry, Maier to Top Posts as Roza Departs
Nov 1 2017 // Property/casualty insurance software provider Guidewire Software announced a transition in its sales and operations leadership, and the closure of its previously announced acquisition of Cyence. Guidewire announced that...
Cross Insurance Acquires Holden Agency and Its Benefits Division in Maine
Nov 1 2017 // Cross Insurance, a subsidiary of Cross Financial Corp. and an independent insurance provider in New England, has acquired the Holden Agency and its benefits division, Employee Benefits Solutions Inc., both are based in...
Aon Completes Acquisition of Dutch Broker Unirobe Meeùs Groep
Nov 1 2017 // Aon Groep Nederland announced it has completed its acquisition of Unirobe Meeùs Group (UMG) from Aegon for €295 million (343.4 million). The acquisition encompasses the whole of Unirobe Meeùs Group, said Aon, noting...
Aetna Keeps Quiet About Reported CVS Merger Talks; Net Income Rises 39%
Nov 1 2017 // U.S. health insurer Aetna Inc failed to provide any hints on reported merger talks with CVS Health Corp when discussing quarterly results on Tuesday and laid out obstacles to 2018 earnings growth, sending its shares...
AssuredPartners Acquires New Jersey’s Synergy Professional Associates
Oct 31 2017 // AssuredPartners Inc. has acquired Synergy Professional Associates of Fairfield, N.J. Synergy is a managing general agent and wholesale insurance intermediary devoted to professional liability and program development. It...
PointeNorth Insurance Group Acquires Georgia Agencies Benton & Parker, Cord & Wilburn
Oct 31 2017 // PointeNorth Insurance Group, an independent insurance agency in the Southeast with local ownership, has acquired Benton & Parker Insurance Services, a commercial truck insurer headquartered in Georgia. The company also...
The Hilb Group Acquires Michigan’s BKC Insurance Agency
Oct 30 2017 // The Hilb Group LLC (THG) has acquired BKC Insurance Agency (BKC), based in Cheboygan, Michigan. In addition to Cheboygan, BKC has an additional location in Indian River, Michigan. The agency provides a wide array of...
Aon to Acquire UK-Based Insurance Broker Henderson
Oct 30 2017 // Global insurance broker Aon said it will acquire Henderson Insurance Broking Group, an independent UK-based insurance broker. Terms were not disclosed. Aon anticipates completing the acquisition in December. Henderson...
Seeman Holtz Acquires Texas Agency, Confimex Services Insurance
Oct 27 2017 // Seeman Holtz Property & Casualty Inc., based in Boca Raton, Florida, has acquired Confimex Services Insurance, headquartered in Tomball, Texas. For eight years, Confimex has provided the Tomball and Waller, Texas,...
CVS Health Reported in Talks to Buy Aetna
Oct 27 2017 // Aetna Inc. gained in New York trading after the Wall Street Journal reported that CVS Health Corp. is in talks to buy the insurer for more than $66 billion. Aetna jumped 12 percent to $178.60, closing at a record high,...
Prime Risk Partners Acquires New York’s Gunn, Steers & Company
Oct 27 2017 // Prime Risk Partners Inc. (PRP) has acquired Gunn, Steers & Company (Gunn Steers), a Manhattan-based insurance broker with a specialized practice for financial institutions and asset management companies. Gunn Steers...
Seeman Holtz Property & Casualty Acquires Indiana’s Williams & Associates
Oct 25 2017 // Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Williams & Associates Insurance, headquartered in Indianapolis, Indiana. Led by Scott Davis, Williams & Associates has offices in...
UK-Based MGA Nexus Group Buys Trade Credit Broker, Credit Risk Solutions
Oct 25 2017 // Independent specialty managing general agent Nexus Group announced it has acquired Credit Risk Solutions Ltd. (CRS). Established in 2003, CRS is an independent specialist trade credit broker operating with headquarters in...
Ryan Specialty Group Acquiring Houston’s Oxford Insurance Services LLC
Oct 24 2017 // Chicago-based Ryan Specialty Group LLC has reached a definitive agreement to acquire Oxford Insurance Services LLC (Oxford), a wholesale insurance brokerage headquartered in Houston, Texas. Oxford will become part of R-T...
New Hampshire’s Optisure Risk Partners Promotes Arnold
Oct 23 2017 // Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has promoted Christopher Arnold to vice president of its Sutton James Aviation division. In this role, Arnold will continue to work with Sutton James...
