Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Allianz & Standard Chartered Form Bancassurance Partnership in Asia
Jan 19 2017 // Standard Chartered Bank and Allianz have formed a 15-year bancassurance partnership for the distribution of Allianz’s general insurance products, including travel, personal accident, fire and motor insurance...
USI Acquires Ohio’s Diversified Insurance Service
Jan 19 2017 // USI Insurance Services (USI) has acquired Diversified Insurance Service, a risk management and employee benefits firm headquartered in Elmore, Ohio. Founded in 1948, Diversified Insurance Service provides personal risk,...
Startup Next Insurance Partners with Markel on Insurance Fit for Personal Trainers
Jan 18 2017 // Online small business insurance agency Next Insurance has partnered with specialty insurer Markel Corp. to offer tailored coverage for personal trainers. Next Insurance allows personal trainers to buy a professional and...
NFP Acquires City Securities Insurance in Indiana
Jan 18 2017 // New York-based insurance broker and consultant, NFP, has acquired City Securities Insurance LLC in Indianapolis. The transaction closed on Dec. 30, 2016. City Securities Insurance is a full service property/casualty and...
Aon Completes Acquisition of Brazil Health & Benefits Firm, Admix
Jan 18 2017 // Aon announced it has completed its acquisition of Admix, the São Paulo, Brazil-based health and benefits brokerage and solutions firm. Financial terms were not disclosed. “Admix’s brokerage and operational...
Baldwin Risk Partners Taps Finney to Lead Mainstreet Insurance Group in Tampa
Jan 18 2017 // Baldwin Risk Partners (BRP), a Tampa-based insurance distribution and consulting holding company, has appointed Joe Finney to President, Mainstreet Insurance Group (MIG). MIG is a division of BRP focused on providing...
Leavitt Group Buys BB&H Benefit Designs in California
Jan 17 2017 // Santa Barbara, Calif.-based BB&H Benefit Designs has been purchased by Leavitt Group. Deborah Babineau and Marice McKeegan are the co-owners of the agency. The agency staff, location and contact information remain the...
Hearst Media Buys Work-Loss Data Institute
Jan 17 2017 // The giant media firm Hearst has acquired Work-Loss Data Institute (WLDI), a provider of healthcare data and guidelines to the workers’ compensation industry. Terms of the deal were not disclosed. WLDI will become...
Marsh & McLennan Acquires Southeast Brokerage J. Smith Lanier & Co.
Jan 13 2017 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has signed a definitive agreement to acquire West Point, Ga.-based J. Smith Lanier & Co., one of the nation’s largest,...
World Insurance Associates Acquires A Berne Insurance in New Jersey
Jan 13 2017 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., completed its 19th business acquisition on January 1, 2017 with the acquisition of A Berne Insurance based in Old Bridge,...
Wisconsin’s Robertson Ryan & Associates Acquires Allied Insurance Centers
Jan 12 2017 // Robertson Ryan & Associates Inc., based Milwaukee, Wis., has acquired Allied Insurance Centers. Allied Insurance Centers President James Polaski will continue to own and service his client book and serve as a vice...
Acentria Insurance Acquires Huff Insurance Agency of Southwest Florida
Jan 12 2017 // Acentria Insurance has finalized itd merger with Huff Insurance Agency of Southwest Florida, LLC. Established in 1979, Huff Insurance Agency specializes in personal and business insurance and will continue to operate under...
The Crichton Group Acquires RLH Agency in Nashville
Jan 11 2017 // The Crichton Group of Tennessee has acquired RLH Agency, LLC, a long-standing Middle Tennessee insurance agency focused on the construction industry. Robert L. Harris, insurance industry veteran and founder of RLH Agency,...
Canada’s CMW & Capri Insurance Services Announce Merger
Jan 10 2017 // CMW Insurance Services Ltd. and Capri Insurance Services Ltd. announced they merged on Jan. 1, 2017 to create “one of the largest insurance brokerages and risk management firms in Western Canada.” The two...
Arthur J. Gallagher & Co. Acquires Maryland’s Construction Risk Solutions
Jan 10 2017 // Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm headquartered in Itasca, Ill., has announced the acquisition of Construction Risk Solutions LLC (CRS) in Hunt Valley,...
Baldwin Risk Partners Teams Up With Ryan Insurance & Financial Services of Tampa
Jan 10 2017 // Baldwin Risk Partners (BRP), an insurance distribution holding company based in Tampa, Fla., has partnered with Ryan Insurance & Financial Services, a Deland, Fla.-based independent insurance agency. According to BRP,...
Beazley, VALE Partner on Environmental Coverage for Small, Mid-Sized Firms
Jan 9 2017 // Beazley has partnered with managing general agency VALE Insurance Partners to offer its environmental cover to US-domiciled firms with revenues of up to $15 million. VALE will offer the full suite of Beazley environmental...
ICAT Syndicate 4242 & Neon Partner to Underwrite Large U.S. Property
Jan 9 2017 // ICAT Syndicate 4242 at Lloyd’s, a U.S. catastrophe-exposed property underwriter, and Neon, a specialist Lloyd’s underwriter, have partnered in a reciprocal capacity arrangement to bring additional per risk...
Hub International Acquires Assets of Pennsylvania Based Hubbard-Bert
Jan 9 2017 // Global insurance brokerage Hub International Limited (Hub), headquartered in Chicago, Ill., has acquired the assets of Hubbard-Bert Inc. Terms of the acquisition were not disclosed. Based in Erie, Penn., Hubbard-Bert...
Compre Buys Re/Insurance Run-Off of UK Branch of AG Insurance
Jan 9 2017 // Compre, the London-based legacy specialist, announced it has agreed to acquire all of the insurance and reinsurance business in run-off of the UK branch of AG Insurance SA for an undisclosed sum. The transaction is...
