Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Seeman Holtz Continues Florida Expansion With Acquisitions of 3 Agencies
Sep 26 2017 // Seeman Holtz Property & Casualty, Inc. has acquired three different agencies in Florida as part of its geographic expansion and continued growth throughout the United States. The three Florida agencies most recently...
Seeman Holtz Property & Casualty Acquires Austin’s RateGenius Insurance Agency
Sep 24 2017 // Seeman Holtz Property & Casualty Inc., based in Boca Raton, Florida, has acquired RateGenius Insurance Agency Inc., an affiliate of RateGenius, headquartered in Austin, Texas. Serving all of Texas for almost 10 years,...
First Light Program Managers, Inc. Acquires the Assets of Piedmont Transportation Underwriters, Inc.
Sep 22 2017 // Dania, FL, September 22, 2017 – Anthony L. Johnson, Chief Executive Officer of First Light Program Managers, Inc. and James A. Butler, President of Piedmont Transportation Underwriters, Inc. of Winston-Salem, North...
PartnerRe Forms Partnership with Fintech Money Transfer Specialist, RemitRadar
Sep 21 2017 // PartnerRe has entered into a strategic cooperation agreement with RemitRadar, a London-based money transfer specialist. PartnerRe and RemitRadar said they have formed this agreement “to capitalize on...
AIA Buys Commonwealth Bank of Australia’s Life Insurance Business for A$3.8B
Sep 21 2017 // AIA Group Ltd. agreed to buy Commonwealth Bank of Australia’s life insurance business for A$3.8 billion (more than $3 billion), in its most ambitious foray beyond the Hong Kong-based company’s core markets in...
AXA Continues Search for Fund Management Partner
Sep 21 2017 // AXA has talked to BNP Paribas and Natixis in its search for a partner for its fund management arm, aiming to build a business with at least 1 trillion euros ($1.2 trillion) of assets under management, sources familiar with...
First Light Program Managers Acquires Piedmont Transportation Underwriters of North Carolina
Sep 21 2017 // Anthony L. Johnson, chief executive officer of First Light Program Managers, Inc. and James A. Butler, president of Piedmont Transportation Underwriters, Inc. of Winston-Salem, North Carolina announced an agreement for...
Dietz, Gilmor & Chazen Makes 3 Partner Promotions in California
Sep 19 2017 // Dietz, Gilmor & Chazen has promoted Robert E. Robinson, Richard A. Lynn and Robert Lance to partners in the firm in California. All three newly promoted partners were previously with Dietz, Gilmor & Associates,...
The Hilb Group Acquires Massachusetts’ Mid-State Insurance Agency
Sep 19 2017 // The Hilb Group LLC (THG), a property and casualty insurance and employee benefits broker based in Richmond, Va., has announced the acquisition of Massachusetts-based Mid-State Insurance Agency Inc. (MSIA). The transaction...
Hub International Acquires Louisiana’s Benefit Advisory Group
Sep 18 2017 // Chicago-based insurance brokerage Hub International Limited (Hub), has acquired the assets of Benefit Advisory Group LLC (Benefits Advisory Group), with offices in New Orleans and Baton Rouge, La. Terms of the acquisition...
Arizona Gets $3.1M in Funding to Combat Opioid Abuse
Sep 18 2017 // Arizona’s efforts to combat opioid abuse are getting a $3.1 million boost from federal taxpayers. The U.S. Department of Health Services says the funding provided the state Department of Health Services is included...
Seeman Holtz Property & Casualty Acquires DernCo Insurance in Wisconsin
Sep 18 2017 // Seeman Holtz Property & Casualty Inc. has acquired DernCo Insurance, headquartered in Milwaukee, Wis. Serving both Wisconsin and Colorado for more than 25 years, Rich Dern and his team have been offering a full...
Cincinnati’s Fifth Third Insurance Agency to Acquire Epic Insurance Solutions
Sep 15 2017 // Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Cincinnati, Ohio-based Fifth Third Bancorp, has agreed to acquire Epic Insurance Solutions Agency LLC, which also recently announced it will...
The Liberty Company Insurance Brokers Welcomes Christopher David Harney as Partner/Senior Vice President
Sep 14 2017 // Woodland Hills, CA, September 14, 2017- The Liberty Company Insurance Brokers is proud to welcome Christopher David Harney as Partner/Senior Vice President in its Los Angeles office. He will join the leadership team and...
Specialty MGAs Continue to be Popular Acquisition Targets
Sep 14 2017 // With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a hot M&A environment for specialized managing general agencies, representatives of...
Hub Acquires Delisle Agencies of Canada
Sep 14 2017 // Global insurance broker Hub International Ltd. has acquired Delisle Agencies Ltd. of Delisle, Saskatchewan, Canada. Terms of the acquisition were not disclosed. The family-owned Delisle Agencies specializes in personal...
Seeman Holtz Property & Casualty Acquires Stirling Insurance of Florida
Sep 14 2017 // Seeman Holtz Property & Casualty, Inc. (SHP&C) has acquired Stirling Insurance Services, Inc., headquartered in Boca Raton, Florida. Stirling has served all of Florida for over 28, led by Terry Sgammato and his...
Sciemus Partners with HSCM Bermuda and Is Renamed Argon Underwriting
Sep 13 2017 // Sciemus, a specialty Lloyd’s MGA, is forming an investing partnership with HSCM Bermuda, a firm that invests in reinsurance and insurance-linked assets across all lines of business. The deal also calls for Sciemus to...
CopperPoint Acquires Pacific Compensation Insurance in California for $150M
Sep 13 2017 // CopperPoint Mutual Insurance Co. announced it has entered into a definitive agreement to acquire California-based workers’ compensation carrier Pacific Compensation Insurance Co. from Alleghany Insurance Holdings LLC...
Hub Acquires Insurance Broker Integro’s Canada Unit
Sep 12 2017 // Chicago-based global insurance broker Hub International Ltd. has acquired the Canadian unit of insurance broker Integro Ltd. Terms of the acquisition were not disclosed. Integro Canada is a commercial property/casualty...