Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Massachusetts’ Partners Insurance Group Promotes McDonald
Aug 17 2017 // Partners Insurance Group LLC, a Swansea, Mass.-headquartered independent insurance agency with eight locations in Southeastern Massachusetts and Rhode Island, has promoted Michelle McDonald to vice president. McDonald...
Bayer-Backed Health Startup, Medopad, Seeks $30M in New Funding: Sources
Aug 17 2017 // Medopad Ltd., backed by pharmaceuticals giant Bayer AG, is looking to raise new funds, joining the clutch of fast growing U.K. startups that are mixing artificial intelligence and health care. A London-based mobile...
Suretywave Acquires Insure Vision Technologies in California
Aug 16 2017 // SuretyWave LLC has acquired Sherman Oaks, Calif.-based Insure Vision Technologies. Terms of the deal were not disclosed. The acquisition paves the way for SuretyWave to integrate its digital business-architected platform...
Seeman Holtz Enters Texas Through Primera Casualty Acquisition
Aug 16 2017 // Boca Raton, Fla.-based Seeman Holtz Property & Casualty Inc. has acquired Primera Capital, headquartered in Dallas, Texas. Primera’s Anthony Davis and team have been offering both auto insurance and tax services...
RightSure Insurance Acquires Arizona Economy Insurance
Aug 15 2017 // RightSure Insurance Group has acquired Tucson, Ariz.-based Arizona Economy Insurance. Terms of the deal were not disclosed. Arizona Economy Insurance is an independent insurance agency. Tucson, Ariz.-based RightSure is...
The Schinnerer Group Acquires Colorado’s ICAT
Aug 14 2017 // The Schinnerer Group has entered into an agreement to acquire Broomfield, Colo.-based International Catastrophe Insurance Managers LLC from the Paraline Group. The deal is expected to close in the third quarter of 2017....
Palmer & Cay Acquires Millennium Benefits Consulting of Atlanta
Aug 11 2017 // Privately held insurance broker Palmer & Cay, LLC has acquired Atlanta-based Millennium Benefits Consulting, according to Jack Cay, Palmer & Cay’s president and CEO. To formalize its benefit consulting...
Global Insurance M&A in H1 Drops to Lowest Point in 2 Years: Clyde & Co.
Aug 10 2017 // The volume of completed mergers and acquisitions (M&A) in the global insurance industry continued dropping during the first six months of 2017 to 170 deals, compared to 186 deals reported for the second half of 2016,...
Hub Acquires Assets of Oregon-Based Coordinated Resources Group
Aug 10 2017 // Hub International Ltd. has acquired the assets of Portland, Ore.-based Coordinated Resources Group LLC. Terms of the deal were not disclosed. Ruppert Reinstadler and Carol Dobbs, managing partners of CRG, will join Hub...
Alternative to Insurtech or Legacy Tech for Small Commercial: Introducing QBE, Arrowhead Partnership
Aug 10 2017 // When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it...
NSI Insurance Group Acquires Southeast Insurance of Boca Raton, Florida
Aug 10 2017 // NSI Insurance Group has acquired Southeast Insurance, an independent agency based in Boca Raton, Fla. Southeast President Brian Samberg and his entire team will join NSI Insurance Group, giving the company a new position...
CoreLogic Acquires Myriad Development in Texas
Aug 9 2017 // CoreLogic has acquired Austin, Texas-based Myriad Development. Terms of the deal were not disclosed. The combined assets of Myriad’s automated underwriting platform with property data from CoreLogic will create a...
Heritage to Acquire Rhode Island’s Narragansett Bay Insurance for $250M
Aug 9 2017 // Heritage Insurance Holdings Inc., a Clearwater, Fla.-headquartered property and casualty insurance holding company, has signed a definitive agreement to acquire NBIC Holdings Inc., the parent company of Narragansett Bay...
Aon Agrees to Buy Dutch Broker Unirobe Meeùs Groep from Aegon for $347.9M
Aug 8 2017 // Aon Groep Nederland announced it has entered into an agreement to acquire Utrecht-based broker Unirobe Meeùs Groep (UMG) from Aegon for €295 million ($347.9 million). The transaction is subject to works council advice...
Hub Acquires Assets of New Mexico-Based Bianchi
Aug 7 2017 // Hub International Ltd. has acquired the assets of Albuquerque, N.M.-based Bianchi & Assoc. Inc. Terms of the deal were not disclosed. Richard Bianchi, Bianchi’s president, will join Hub New Mexico and report to...
eServices Partners with Insurance Journal for the 2017 Risk Management Summit
Aug 7 2017 // Peabody, MA, August 7, 2017 – eServices, a specialized platform focused on providing turn-key risk management, claims, marketing, and technology solutions through its various entities, is pleased to announce that...
Insurtech Funding Jumps to $1B: Willis Towers Watson/CB Insights Report
Aug 7 2017 // Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson...
Hub Acquires Assets of California-Based East West Insurance Services
Aug 4 2017 // Hub International Ltd. has acquired the assets of Pasadena, Calif.-based East West Insurance Services Inc. Terms of the deal were not disclosed. East West employees will join Hub California’s operations. East West...
Arthur J. Gallagher & Co. Buys Canadian Broker GPL Assurance
Aug 4 2017 // Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed. Founded in 1968, GPL is a retail insurance broker offering...
North Risk Partners’ Borgerding Named Outstanding CSR in Minnesota
Aug 4 2017 // Anita Borgerding of North Risk Partners – Apollo Division in Albany, Minn., has been named 2017 Outstanding Customer Service Representative (CSR) of the Year for the state of Minnesota by the National Alliance for...
