Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
HUB International Acquires Wisconsin’s Stellarus Benefits
Sep 11 2017 // Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Wisconsin-based Stellarus Benefits Inc. (Stellarus). Terms of the acquisition were not disclosed. With offices in Brookfield and...
Louisiana’s LCTA Acquires Risk Management Resources, Creates Specialty Insurer
Sep 11 2017 // Baton Rouge, Louisiana-based workers’ compensation insurance provider, LCTA Workers’ Comp (LCTA), has acquired Risk Management Resources and created a new subsidiary, LCTA Specialty Insurance Co. Risk...
Arthur J. Gallagher & Co. Acquires Nebraska’s Lincoln Financial Management
Sep 8 2017 // Arthur J. Gallagher & Co. has acquired Nebraska-based Lincoln Financial Management LLC. Terms of the transaction were not disclosed. Founded in 1993 by Stephen Letts and later acquired by Cyrus Kiani, Lincoln Financial...
Now May Be the Time for Homeowners to Buy a Dam
Sep 8 2017 // Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning. The Cajun crew was there to unfurl and install a unique form of flood protection: three-foot...
Coverys to Acquire Global Insurance Management Company of Florida
Sep 8 2017 // Coverys, a medical professional liability insurer, and Global Insurance Management Company, Inc. (GIMC), a provider of medical professional liability insurance for physicians and other healthcare providers, have entered...
Specialty Program Group Acquires Assets of Monarch E&S Insurance Services in California
Sep 7 2017 // Specialty Program Group LLC has acquired the assets of Burbank, Calif.-based wholesaler Monarch E&S Insurance Services. Monarch E&S is a full-service MGA and wholesale brokerage established in 1986. The firm...
Arthur J. Gallagher Acquires Sweden’s Nordic Forsakring & Riskhantering
Sep 7 2017 // Arthur J. Gallagher & Co. announced the acquisition of Nordic Försäkring & Riskhantering AB (Nordic), located in Gothenburg, Sweden. Terms of the transaction were not disclosed. Founded in 1991, Nordic is a...
Markel to Acquire UK Building Services Insurer EC Insurance Co.
Sep 7 2017 // Markel International, the London-based specialist insurer and Markel Corp. subsidiary, plans to acquire the business of EC Insurance Co. Ltd. (ECIC). Sevenoaks, England-based ECIC, whose ultimate parent is the Electrical...
Charles Taylor Acquires Workers’ Comp Claims Admin Metro Risk in California
Sep 7 2017 // Charles Taylor plc has agreed to acquire Metro Risk Management LLC, a Southern California-based third-party claims administrator, from Nautilus International Holding Corp. Terms of the deal were not disclosed. MRM provides...
Risk Strategies Acquires Pennsylvania’s Cornerstone
Sep 7 2017 // Risk Strategies Company, a privately held national insurance brokerage and risk management firm, has acquired insurance brokerage Cornerstone Professional Liability Consultants. Terms of the deal are undisclosed. Based in...
NFP Acquires Beacon Insurance Group of South Carolina
Sep 7 2017 // NFP, an insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client products, has acquired Beacon Insurance Group, Inc., of South...
New Jersey’s World Insurance Associates Acquires Bruen Deldin DiDio Associates
Sep 6 2017 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has acquired Bruen Deldin DiDio Associates Inc. (BDD) of New York, Connecticut and Rhode Island. Following the...
Arthur J. Gallagher Subsidiary Acquires National Transportation Adjusters in Arizona
Sep 5 2017 // Arthur J. Gallagher & Co. subsidiary, Gallagher Bassett Services Inc., has acquired National Transportation Adjusters Inc. in Scottsdale, Ariz. Terms of the deal were not disclosed. Keith Dunlap and his associates at...
Hylant Partners with Ohio and Michigan-Based Insurance Agencies
Sep 5 2017 // Hylant, based in Toledo, Ohio, has entered into a strategic partnership with Pinkney-Perry Insurance Agency Inc., one of the oldest and largest minority-owned insurance agencies in Ohio, and Camryn Insurance Service LLC, a...
Fosun’s Plans for Overseas Growth ‘Don’t Clash’ with China’s M&A Crackdown
Sep 5 2017 // Fosun International Ltd., one of the companies in the cross hairs of a Chinese government crackdown on offshore acquisitions, says its plans for growth don’t clash with the authorities’ agenda. The acquisitive...
Aon to Buy Real Estate Investment Mgmt. Firm, Townsend Group, for $475M
Sep 5 2017 // Insurance broker Aon Plc said on Friday [Sept. 1] it would buy real estate investment management firm The Townsend Group from Colony NorthStar Inc for $475 million, helping expand its property investment management...
China’s Fosun to Continue ‘Genuine’ Overseas M&A
Aug 31 2017 // Fosun International, one of China’s most acquisitive conglomerates, brushed off the impact of a crackdown on overseas dealmaking and said it welcomed Beijing’s guidelines on offshore investment, as it posted a...
Allianz Acquires Nigeria’s Ensure Insurance to Expand in Key African Market
Aug 30 2017 // Allianz Group announced a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc. from its core shareholder Greenoaks Global Holdings Ltd. Financial details of the transaction were not...
Element Risk Finalizes Acquisition of Virginia’s Russell Insurance Agency
Aug 30 2017 // Element Risk Management, a West Chester, Penn.-headquartered, privately held insurance firm, has finalized the acquisition of Russell Insurance Agency Inc., based in Front Royal, Va. The acquisition will be Element...
AXIS Capital’s $611.5M Acquisition of Novae Approved in Shareholder Vote
Aug 29 2017 // AXIS Capital Holdings Ltd. announced that shareholders of Novae Group have approved the company’s acquisition by AXIS. Approximately 99.97 percent of shareholder votes were cast in favor of the deal. AXIS announced...
