Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
A.M. Best Affirms Ratings of PartnerRe & Subsidiaries
May 26 2017 // A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Bermuda-based Partner Reinsurance Co. Ltd. and its affiliates (collectively referred...
Private Investment Firm, J.C. Flowers, Acquires UK General
May 25 2017 // J.C. Flowers & Co. LLC, a New York-headquartered private investment firm that focuses on investing in the global financial services industry, announced it has acquired UK General Insurance Group Ltd. Completed on May...
Ironshore Raises Capacity for M&A Cover, Tax Consortium Launched
May 24 2017 // Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has enhanced its consortium programs to meet client and broker demand for larger, streamlined limits. Ironshore will increase the capacity...
EPB&B in Oregon Partners with ISU Insurance Network
May 23 2017 // Portland, Ore.-based Elliott, Powell, Baden & Baker has partnered with ISU Insurance Agency Network. EPB&B offers business and personal insurance. San Francisco, Calif.-based ISU Network is a organization with 180...
Pennsylvania’s Lacher & Associates Acquires Brunner Insurance
May 23 2017 // Lacher & Associates of Souderton, Penn., has acquired Brunner Insurance of Richlandtown, Penn. Founded by Gus Brunner in 1960, Brunner Insurance specializes in providing for the insurance needs of families and...
Underwriting Agency, CFC, Partners with Kidnap Response Expert EOS Risk
May 22 2017 // Lloyd’s managing general agency CFC announced it has formed a partnership with risk management and security consultant, EOS Risk. EOS Risk joins red24 and S-RM on CFC’s panel of security companies that...
Canada’s Rogers Insurance Partners with Megson FitzPatrick
May 18 2017 // Rogers Insurance Ltd. announced it has partnered with Victoria, British Columbia-based Megson FitzPatrick Inc., beginning with the purchase of a minority stake in Megson FitzPatrick. The financial details of the purchase...
Arthur J. Gallagher Acquires Nebraska’s Strong Financial Resources
May 17 2017 // Arthur J. Gallagher & Co. has acquired Strong Financial Resources Inc., with offices in Aurora and Lincoln, Nebraska. Terms of the transaction were not disclosed. Founded in 1996 by Calvin Strong, Aurora-headquartered...
AIG Agrees to Acquire Hamilton USA, Partner with Two Sigma, Grow Insurtech Attune
May 15 2017 // American International Group Inc. will acquire Hamilton USA as part of a memorandum of understanding with Hamilton Insurance Group and Two Sigma Insurance Quantified that is designed to further their investment in the...
Survey: Agents Suggest How Carrier Partners Can Move from ‘Good’ to ‘Great’
May 15 2017 // You might expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows...
Higginbotham Acquires Part of Hilb Group of Texas
May 12 2017 // Fort Worth, Texas-based insurance agency, Higginbotham, has purchased a portion of the Hilb Group of Texas LLC’s operations in San Antonio. The transaction adds eight insurance and customer service professionals with...
Judge’s Denial of Anthem Injunction Effectively Kills Cigna Merger
May 12 2017 // A judge effectively killed off any practical chance of Anthem Inc merging with Cigna Corp on Thursday as he declined to order Cigna not to terminate the deal. Judge Travis Laster of Delaware’s Court of Chancery...
Allianz Global Corporate & Specialty Partners with Insurtech Firm to ID Liability Risks
May 11 2017 // Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los Angeles-based insurtech analytics firm, to better predict key catastrophe liability...
Catalina Buys Hartford Financial Products Int’l, Downlands Liability Management
May 11 2017 // Catalina Holdings (Bermuda) Ltd. announced that its wholly owned subsidiary, Catalina Holdings UK Ltd., has completed its acquisition of Hartford Financial Products International Ltd. and Downlands Liability Management...
AssuredPartners Acquires Preferred Guardian Insurance of Dallas
May 10 2017 // Preferred Guardian Insurance (PGI) of Dallas, Texas, has joined the national broker AssuredPartners Inc. PGI was formed in 2003 during the black mold crisis in Dallas. It offers all lines of coverage with a specialty in...
Cross Insurance Acquires A.E. Barnes Insurance Agency in Massachusetts
May 10 2017 // Cross Insurance, a Bangor, Maine-based subsidiary of Cross Financial Corp., is continuing to grow its presence in Massachusetts with the purchase of the A.E. Barnes Insurance Agency of South Weymouth, Mass. Since its...
London-Based MGA Nexus Offers Cyber Insurance in Partnership with Beazley
May 10 2017 // Nexus Group, the London-based independent specialty managing general agent (MGA), has formed a partnership with Beazley to provide cyber insurance with effect from May 1, 2017. Nexus will underwrite the new line, offering...
Alera Group Acquires Pennsylvania’s Striewig Bonding Agency
May 9 2017 // Alera Group, based in Deerfield, Ill, has acquired Striewig Bonding Agency Inc. of Wormleysburg, Penn., effective May 1, 2017. Terms of the transaction were not disclosed. Since 1952, Striewig Bonding Agency has managed...
Insurance Partners of Texas Acquired by Marsh & McLennan Agency
May 8 2017 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Insurance Partners of Texas, an Abilene, Texas-based employee benefits consulting firm. Terms of the transaction were not...
Massachusetts’ Kaplansky Insurance Acquires Brooklawn Insurance Agency
May 5 2017 // Kaplansky Insurance, a Needham, Mass.-based independent agency, has acquired Brooklawn Insurance Agency in New Bedford, Mass. Founded in 1973, Brooklawn Insurance has built a reputation for providing a range of insurance...
