Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Arthur J. Gallagher & Co. Acquires Chicago’s Gruppo Marcucci
Jan 6 2017 // Arthur J. Gallagher & Co. has acquired the Chicago-based consulting firm, Gruppo Marcucci LLC (GPM). Terms of the transaction were not disclosed. Founded in 2005, Gruppo Marcucci specializes in human resources (HR) and...
Crawford Completes Acquisition of Web-Based Inspection Firm WeGoLook
Jan 6 2017 // Global independent claims management firm Crawford & Co. said it has completed the acquisition of a majority interest in WeGoLook, an online and mobile inspection firm that calls itself the “Uber of...
Randall & Quilter Acquires Captive Insurer Clariant Insurance AG
Jan 6 2017 // R&Q Insurance (Malta) Ltd. (R&Q) announced it has acquired the entire issued share capital of Clariant Insurance AG from its owners Clariant AG. Clariant Insurance, or CI, was formed in 2005 as the Liechtenstein...
Assurant to Acquire Midwest-Based Green Tree Insurance Agency
Jan 5 2017 // Global risk management products and services provider, Assurant Inc., announced an agreement to acquire Green Tree Insurance Agency Inc., which has offices in Minnesota and South Dakota. Assurant is buying Green Tree from...
Woodruff-Sawyer & Co. Adds New Partners to East Region
Jan 5 2017 // Woodruff-Sawyer & Co., a San Francisco, Calif., based independent insurance broker, has named ten new partners to the firm. The new partners represent various product lines, such as property & casualty, management...
Sedgwick Elects Blancett as Office Managing Partner in New York
Jan 5 2017 // Sedgwick LLP, has elected John W. Blancett as an office managing partner (OMP) in New York, effective January 1. Blancett represents leading U.S., London and European insurers in litigation, investigations and counseling...
Hub Int’l Buys Canada’s Mainline Insurance Brokers & Affiliated Firms
Jan 5 2017 // Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired Mainline Insurance Brokers Inc., Indian Head Agencies (1980) Ltd., R&J McKay Agencies Ltd. and Cathedral Insurance...
New York and New Jersey Brokers Join Forces, Backed by Prime Risk Partners
Jan 5 2017 // Cook Maran & Associates (Cook Maran), a New York and New Jersey based insurance broker, will acquire Mintz, Girgan & Brightly Inc. (MGB), a privately owned Rochelle Park, N.J., headquartered agency. The MGB team...
JLT Re Acquires Risk & Re-Insurance Solutions Corp. of Miami
Jan 5 2017 // JLT Re has acquired Risk & Re-Insurance Solutions Corp (RRiSC), a reinsurance intermediary specializing in casualty treaty business based in Miami. RRiSC was established by Anthony Mirabal in 2001. RRiSC will form part...
Sedgwick LLP Names Holmes Managing Partner in Los Angeles
Jan 4 2017 // Sedgwick LLP has named James Holmes an office managing partner in Los Angeles. Holmes is an experienced trial attorney and litigator, representing major media and entertainment entities, as well as major insurance carriers...
New Partners Named at Woodruff-Sawyer in Western Region
Jan 4 2017 // San Francisco, Calif.-based Woodruff-Sawyer & Co. has named 10 new partners to the firm. The partners represent various product lines, from property/casualty to management liability to employee benefits, and are...
Duck Creek Technologies Acquires Data Management Software Firm Yodil
Jan 4 2017 // Duck Creek Technologies, a Boston-based provider of core system cloud services and software to the global property/casualty insurance industry, said it has acquired Yodil, an insurance data management software firm based...
Ryan Specialty Group Buys Navigators’ Agency Operations in Sweden, Denmark
Jan 4 2017 // Ryan Specialty Group LLC has acquired The Navigators Group Inc.’s insurance agency operations in Sweden and Denmark. The transaction represents a 100 percent acquisition of Navigators’ Sweden and Denmark...
K2 Acquires Waterplus, Fireplus And JPA Expirations From Alteris in California
Jan 3 2017 // K2 Insurance Services LLC has acquired the WaterPlus, FirePlus and JPA in-force expirations from San Francisco, Calif.-based Alteris Insurance Services Inc. Terms of the deal were not disclosed. Alteris President Paul...
Confie Acquires Auto Insurance America in Nevada and New Mexico
Jan 3 2017 // Confie has acquired Auto Insurance America from Western National Mutual Insurance Co. Auto Insurance America is a provider of non-standard auto insurance serving Nevada and New Mexico. The company has five locations in Las...
Correction: Brown & Brown’s Hull Acquires Insurance House Commercial MGA Business
Jan 3 2017 // Hull & Co., a wholesale insurance subsidiary of giant Brown & Brown, has acquired the commercial managing general agency operations of Insurance House. Insurance House is an MGA and wholesale insurance broker...
The Andrew Agency Acquires Wallace & Wallace in Maryland
Jan 3 2017 // The Andrew Agency, a Richmond, Va., headquartered insurance broker, has acquired Wallace & Wallace, a Cabin John, Md., based provider of commercial and personal lines property and casualty insurance for high net worth...
Marsh Completes Acquisition of Bluefin Insurance from AXA
Jan 3 2017 // Marsh, the wholly owned subsidiary of Marsh & McLennan Cos., said it has completed the previously announced acquisition of Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc, from AXA Group. Founded in 2008,...
Canada’s Fairfax Gets Approval to Buy 51% of India’s Catholic Syrian Bank
Dec 30 2016 // Value investor Prem Watsa’s Fairfax Financial Holdings Ltd. won regulatory approval to buy 51 percent of Catholic Syrian Bank Ltd., marking the first time India’s central bank is allowing a foreign investor to...
