Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
eServices Partners with Insurance Journal for the 2017 Risk Management Summit
Aug 7 2017 // Peabody, MA, August 7, 2017 – eServices, a specialized platform focused on providing turn-key risk management, claims, marketing, and technology solutions through its various entities, is pleased to announce that...
Insurtech Funding Jumps to $1B: Willis Towers Watson/CB Insights Report
Aug 7 2017 // Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson...
Hub Acquires Assets of California-Based East West Insurance Services
Aug 4 2017 // Hub International Ltd. has acquired the assets of Pasadena, Calif.-based East West Insurance Services Inc. Terms of the deal were not disclosed. East West employees will join Hub California’s operations. East West...
Arthur J. Gallagher & Co. Buys Canadian Broker GPL Assurance
Aug 4 2017 // Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed. Founded in 1968, GPL is a retail insurance broker offering...
North Risk Partners’ Borgerding Named Outstanding CSR in Minnesota
Aug 4 2017 // Anita Borgerding of North Risk Partners – Apollo Division in Albany, Minn., has been named 2017 Outstanding Customer Service Representative (CSR) of the Year for the state of Minnesota by the National Alliance for...
Brown & Brown Acquires Assets of Clairmont Financial Group in Minnesota
Aug 3 2017 // Brown & Brown of Minnesota Inc., a subsidiary of Brown & Brown Inc., has acquired the assets of Clairmont Financial in Minnesota. Clairmont Financial will transition into Brown & Brown’s profit center in...
Hub International Acquires Assets of Montana-Based Steve Mariani Insurance
Aug 3 2017 // Hub International Ltd. has acquired the assets of Havre, Mont.-based Steve Mariani Insurance LLP. Terms of the deal were not disclosed. President Steve Mariani will join Hub Mountain and report to Rene LeVeaux, president...
New Hampshire’s Optisure Risk Partners Hires Eifert
Aug 3 2017 // Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has hired Randy Eifert as senior vice president of its Private Client Group and as Risk Management Practice leader. Eifert will provide executive...
Hanes Named Sales Director at National Partners in Chicago
Aug 3 2017 // National Partners, a new premium finance company, has named industry veteran Anthony Hanes managing director of sales. He is based in National Partners’ Chicago office. Hanes has 15 years of experience in the premium...
Fortegra Forms Admitted Market Partnership with CHART Exchange
Aug 3 2017 // Fortegra, a Tiptree Inc. company has partnered with the CHART (Coverholders And Risk Takers) Exchange, an organization of coverholders, London-based syndicates, admitted markets and other vendor partners who provide...
Ryan Specialty Group Completes Acquisition of N-Surance Outlets of Georgia
Aug 3 2017 // Ryan Specialty Group, LLC, has completed the acquisition of the assets and operations of N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. The acquired...
BD Capital Partners LLC Acquires benefitRFP in California
Aug 2 2017 // BD Capital Partners LLC has acquired Sacramento, Calif.-babsed benefitRFP Inc. and Affiliated Cos. as part of a cash and equity transaction. Terms of the deal weren’t disclosed. As a result of the acquisition, BD...
Fosun’s Chairman Supports Chinese Government Restrictions on Overseas M&A
Jul 31 2017 // Billionaire Guo Guangchang, whose Fosun International Ltd. is under scrutiny by Chinese authorities over its foreign mergers and acquisitions, said the government’s clampdown on outbound investments is necessary to...
Oak Hill Capital Partners to Acquire Controlling Position in California-based EPIC
Jul 28 2017 // Private equity firm Oak Hill Capital Partners has agreed to acquire all of The Carlyle Group’s stake in EPIC Insurance Brokers & Consultants, giving Oak Hill a controlling equity position in EPIC. Oak...
Verisk to Acquire Merchant Payments Risk Platform G2 Web Services
Jul 28 2017 // Data analytics firm Verisk Analytics has agreed to acquire G2 Web Services, a provider of merchant risk intelligence for acquirers, commercial banks and other payment system providers. The purchase price is $112 million,...
Pennsylvania’s KMRD Partners Hires Salmon to Risk Management Team
Jul 28 2017 // KMRD Partners, a Warrington, Penn.-based boutique risk management and human capital solutions firm, has hired Kirk Salmon to its risk management team. As a sales and relationship manager, Salmon will work closely with...
U.S. Risk Acquires Strategic Insurance Underwriters of Florida
Jul 28 2017 // U.S. Risk Insurance Group, LLC, a property and casualty wholesaler, has acquired Strategic Insurance Underwriters, a specialist trucking MGA and broker headquartered in Sarasota, Fla. Strategic Insurance Underwriters has a...
ONI Risk Partners Acquires Green Owens Insurance in Indiana
Jul 27 2017 // ONI Risk Partners (ONI), headquartered in Indianapolis, Ind., is acquiring Franklin, Ind.-based Green Owens Insurance (Green Owens). In business since 1979, the Green Owens team joins ONI’s 300-plus insurance...
OPTIS Partners: Insurance Agency Mergers, Acquisitions Still Going Strong
Jul 27 2017 // Mergers and acquisitions (M&As) among North American insurance agencies continued at a strong pace during the second quarter of 2017, with 135 reported transactions in the second three months of 2017, Chicago-based...
Markel to Acquire State National for $919 Million
Jul 26 2017 // Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both...
