Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
The Hartford to Buy Aetna Group Life, Disability Business for $1.45 Billion
Oct 23 2017 // The Hartford has agreed to acquire Aetna’s U.S. group life and disability business for cash consideration of $1.45 billion. This acquisition enhances The Hartford’s group benefits distribution capabilities and...
Dutch Insurer Aegon Eyes Acquisitions Such as Smaller Competitor ASR
Oct 23 2017 // Aegon NV, the Dutch insurer that generates most of its business from the U.S., is scouting for acquisitions and has looked at companies including smaller rival ASR Nederland NV amid consolidation in the domestic market,...
Brown & Brown Acquires Louisiana Employee Benefits Firm
Oct 20 2017 // Brown & Brown of Louisiana LLC, a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Lapeyre, Staples & Robichaux, the companies announced. Lapeyre, Staples and...
Arkansas Officials: Highway Funding May Have to Wait Until 2019
Oct 20 2017 // Arkansas highway officials have left open the possibility they’ll take a road funding proposal to lawmakers in 2019 rather than pursue a ballot measure next year. The move comes a day after Gov. Asa Hutchinson said...
Massachusetts’ Morrison Mahoney Elects Six New Partners
Oct 20 2017 // Morrison Mahoney LLP, a Boston, Mass.-headquartered law firm, has announced the election of six new partners. The partners represent a range of practice areas including appeals, insurance coverage, construction litigation,...
Pennsylvania’s Kueny Insurance Merges with KMRD Partners
Oct 20 2017 // Kueny Insurance, a Warrington, Penn.-based insurance company, has merged with KMRD Partners, a boutique risk management and human capital solutions firm also based in Warrington. The merger brings three new team members to...
Insurance Agency M&A Continues at Fast Pace: OPTIS Partners
Oct 20 2017 // The number of insurance agency mergers and acquisitions over the first nine months of the year rose from 350 in 2016 to 457 this year, OPTIS Partners’ new quarterly report reveals. There were 132 deals announced...
Neon Launches Marine Joint Venture in Italy
Oct 20 2017 // Neon announced the launch of an underwriting operation in Italy with Cambiaso Risso, a leading Italian marine broker who will have a minority shareholding in the venture. Based in Genoa, Neon Italy will initially target...
AIG UK Sells Its 1st Sharia-Compliant M&A Policy in London
Oct 19 2017 // AIG UK said on Thursday it had underwritten its first sharia-compliant warranty and indemnity policy out of London’s M&A insurance market, as the city looks to Islamic finance to help bring new...
Assurant to Buy The Warranty Group for $2.5 Billion
Oct 19 2017 // Assurant will pay $2.5 billion to acquire The Warranty Group, a rival that provides insurance protection plans in areas including consumer electronics and appliances. Assurant is buying The Warranty Group from TPG Capital,...
Hub International Acquires Assets of Maine’s Graffam Insurance Group
Oct 18 2017 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Graffam Insurance Group LLC (Graffam). Terms of the acquisition were not disclosed. Based in Cumberland Center, Maine, Graffam...
The Hilb Group Acquires Delaware’s CNC Insurance Associates Inc.
Oct 18 2017 // The Hilb Group LLC (THG), a property and casualty insurance and employee benefits broker, has acquired CNC Insurance Associates Inc. (CNC). The transaction became effective October 1, 2017. CNC is THG’s 38th...
BKS Partners of Florida Promotes Hammer to Partner
Oct 18 2017 // Baldwin Krystyn Sherman Partners (BKS-Partners) has promoted Matt Hammer to partner. He will lead the company’s Orlando office. As a partner, Hammer now has an ownership stake in the firm. His involvement in...
Hub International Acquires Assets of Banyan Consulting Group of North Carolina
Oct 17 2017 // Hub International Limited has acquired the assets of Banyan Consulting Group, Inc. (Banyan). Terms of the acquisition were not disclosed. With offices in Greensboro, Raleigh and Charlotte, North Carolina, Banyan...
Arthur J. Gallagher & Co. Acquires New Mexico’s Reynolds & Rodar Insurance Group
Oct 16 2017 // Arthur J. Gallagher & Co. has acquired Santa Fe, New Mexico-based Reynolds & Rodar Insurance Group Inc. Terms of the transaction were not disclosed. With roots going back to 1882, Reynolds & Rodar is the oldest...
AmWINS Acquiring 15 Insurance Programs from Willis Towers Watson
Oct 16 2017 // Specialty broker AmWINS Group reports it has agreed to acquire 15 insurance programs from broker Willis Towers Watson. Among the programs being acquired by AmWINS are MountainGuard, which provides underwriting, claims and...
Acquiring Insurers Underperformed in 2016: Willis Towers Watson
Oct 16 2017 // Research from Willis Towers Watson published earlier this month revealed that insurers doing acquisitions in 2016 underperformed in comparison to peers that stayed away from M&A. WTW used a performance measure based on...
Insurance Journal, Insurance Careers Movement Partner on ‘Cool’ Job Contest for Under-40 Pros
Oct 16 2017 // Insurance Journal today launched a contest in conjunction with Insurance Careers Movement on what young insurance professionals believe is the coolest part of their job. It’s a bit tricky, however, because...
SILVER Best Agency to Work For – KMRD Partners
Oct 16 2017 // One of the first messages that appears on KMRD Partners Inc.’s website is a slogan that says, “We never stop improving for you.” The Warrington, Penn.-headquartered, boutique risk management and human...
Roundstone, Hub International Partner on Medical Captive Programs
Oct 13 2017 // Roundstone Management Ltd. (Roundstone) in Lakewood, Ohio, and Chicago-based insurance brokerage Hub International Limited (Hub) have formed a strategic partnership for self-funded medical captive programs. Roundstone...
