Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
MarshBerry Adds Barber as Talent Acquisition Manager
Jul 19 2017 // Woodmere, Ohio-based MarshBerry has hired Bob Barber as a talent acquisition manager. His responsibilities include overseeing a team of direct reports to source and screen high quality sales professionals for the role of...
Starr Buys Stake in Small Business Insurtech CoverWallet
Jul 19 2017 // Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial terms were...
London MGA Nexus Acquires U.S.-Based Treaty MGA from ZON Re
Jul 19 2017 // Specialty insurance managing general agent Nexus Group said it has acquired the assets of Personal Accident Treaty Reinsurance MGA operated by ZON Re, a U.S. based treaty reinsurance managing underwriter and Lloyd’s...
Allianz Forms Online Aircraft Insurance Partnership with Insurtech Firm Visicover
Jul 19 2017 // Allianz Global Corporate & Specialty (AGCS) announced it has formed a partnership agreement with insurtech company, Visicover. Visicover’s existing and new aeroplane and helicopter insurance products now will be...
Massachusetts’ Kaplansky Insurance Hires Wolberg as VP of M&A
Jul 18 2017 // Kaplansky Insurance, a Needham, Mass.-based insurance agency, has appointed David Wolberg as vice president of mergers and acquisitions (M&A). Wolberg brings with him experience from the sell-side of mergers and...
Morse Insurance Agency Acquires Quaglia Insurance in Massachusetts
Jul 17 2017 // Morse Insurance Agency Inc. has acquired Quaglia Insurance in Attleboro, Mass. “While clients may experience a few small differences in process and procedures, our ultimate goal is to make the transition seamless...
PartnerRe Taps Google’s Burkel as Chief Corporate & People Operations Officer
Jul 14 2017 // PartnerRe Ltd. announced that Dorothée Burkel has been appointed to the new position of chief corporate and people operations officer, effective October 2, 2017. As a member of PartnerRe’s executive management team,...
EverGuard Buys West-based Anchor Bay’s Restaurant, Bar And Tavern Program
Jul 13 2017 // EverGuard Insurance Services Inc. has acquired Anchor Bay Insurance Managers’ restaurant, bar and tavern program. Anchor Bay is a provider of insurance products to the restaurant, bar and tavern industries in...
Reliance Partners Expands Presence in Northeast with Fourth Office Location
Jul 13 2017 // Reliance Partners, a Chattanooga, Tenn.-based provider of commercial insurance focused on the transportation and logistics space, has announced the opening of its Buffalo, N.Y., location. Rob Anderson will lead the new...
Alliant Acquires New Jersey’s Boynton & Boynton, Continues Northeast Expansion
Jul 13 2017 // Alliant Insurance Services Inc. has acquired Fair Haven, N.J.-based Boynton & Boynton Insurance Professionals in an effort to continue expanding its footprint throughout the northeast region of the U.S. Terms of the...
Alera Group Acquires Group Benefits of Memphis
Jul 13 2017 // Alera Group – an independent insurance agency and independent employee benefits – has acquired Group Benefits LLC of Memphis, Tennessee, effective July 1. Alan Levitz, CEO of Alera, said the company’s strong...
CFC Partners With CyberScout on Specialty Lines Identity Protection Services
Jul 12 2017 // CFC Underwriting has partnered with CyberScout, an identity management and data theft service company, to offer cyber support services to its customers internationally. CyberScout provides CFC customers with help in three...
Texas’ RHP General Agency Acquiring Homeowner Business from Sycamore Insurance
Jul 12 2017 // Conifer Holdings, headquartered in Michigan, has agreed to sell the book of HomeValue business produced through Sycamore Insurance Agency to Texas-based RHP General Agency Inc. As part of this renewal rights transaction,...
Hub International Limited Acquires Assets of New York’s Unilite
Jul 12 2017 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Unilite Insurance Agency Inc. (Unilite). Terms of the acquisition were not disclosed. Based in Lake Success, N.Y., Unilite was...
U.S. Risk Insurance Group Acquires IMS London American
Jul 11 2017 // Property/casualty wholesaler, U.S. Risk Insurance Group LLC, has acquired Texas-based IMS London American Brokerage and Underwriting Services. IMS President Larry Mennes has been named president of U.S. Risk’s...
McGowan Acquires North American Professional Liability Insurance Agency
Jul 11 2017 // The McGowan Companies (McGowan), headquartered in Fairview Park, Ohio, announced it acquired North American Professional Liability Insurance Agency LLC (NAPLIA), effective April 1. NAPLIA will be re-branded under the...
Connecticut’s W.R. Berkley Corporation Sells Real Estate Investment
Jul 10 2017 // W. R. Berkley Corporation has sold its real estate investment at 1101 New York Avenue NW in Washington, D.C. The company expects to report a realized pre-tax gain of approximately $120 million on the sale in the third...
S&P Lowers Ratings of Allied World After Acquisition by Fairfax; Outlook Stable
Jul 10 2017 // S&P Global Ratings lowered its long-term counterparty credit and senior debt ratings on Allied World Assurance Co. Holdings AG to ‘BBB-‘ from ‘BBB+’, following the completion of the...
U.S. Risk Insurance Group, LLC Announces the Acquisition of IMS London American
Jul 10 2017 // Dallas, TX, July 10, 2017— U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property & Casualty wholesaler, announced today that it has acquired IMS London American Brokerage and Underwriting Services...
Insurtech Startup Buys MGA in California with Aim of Delivering Product for Agents
Jul 10 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...
