Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
The Buckner Co. in Utah Names Braxton Vice President of Acquisitions and Development
Jul 7 2017 // The Buckner Co. has named Keith Braxton, the former President of Buckner of Colorado, vice president of acquisitions and development. Braxton will be responsible for helping the organization grow externally through...
Symantec to Acquire Israeli Cyber Security Startup Fireglass
Jul 7 2017 // Symantec Corp. is acquiring Israeli cyber security startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats. Symantec is...
Ironshore International’s M&A and Tax Insurance Unit Opens Frankfurt Office
Jul 7 2017 // Ironshore International’s Mergers & Acquisitions and Tax Insurance unit announced it has opened an office in Frankfurt, Germany, through Ironshore Agency Ltd., to expand its European presence. Ironshore M&A...
Fairfax Financial Completes $4.9 Billion Acquisition of Allied World
Jul 6 2017 // Fairfax Financial Holdings Ltd., the Toronto-based investment and insurance company, has successfully completed its acquisition of Allied World Assurance Co. Holdings, for US$4.9 billion – marking the company’s...
AXIS Capital to Acquire Lloyd’s Specialty Re/Insurer Novae for $604 Million
Jul 6 2017 // AXIS Capital Holdings Ltd. announced it is acquiring Novae Group plc, a specialty re/insurer that operates through Lloyd’s of London. “The US$604 million transaction adds scale and breadth to the international...
