Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Connecticut’s Business Risk Partners Hires Bizzoso and Landaverde
Nov 8 2016 // Business Risk Partners (BRP), a specialty underwriter and program administrator based in Windsor, Conn., hired Greg Bizzoso as an E&O product manager and team leader for miscellaneous professional liability (MPL) and...
NORCAL Mutual to Acquire Kansas-Based PPM Services
Nov 7 2016 // PPM Services, the holding company for Preferred Physicians Medical Risk Retention Group Inc. (PPM), has agreed to be acquired by NORCAL Mutual Insurance Co. (NORCAL). Based in Overland Park, Kan., PPM provides medical...
American Specialty Partners With Arch on Sports, Recreation, Entertainment Programs
Nov 7 2016 // Arch Insurance Group, a member of Arch Capital Group Ltd., has formed an exclusive underwriting partnership with American Specialty Insurance and Risk Services, Inc. (a division of Brown & Brown) to offer customized...
USI Expands In Georgia With Acquisition of Atlanta-Based Johnson & Bryan
Nov 4 2016 // USI Insurance Services has completed its transaction to purchase Johnson & Bryan, a leading retail property-casualty and employee benefits insurance brokerage firm based in Atlanta, Georgia. This transaction will...
Hub Acquires Assets of California-Based Riviera Insurance Services
Nov 2 2016 // Hub International Ltd. has acquired the assets of Santa Barbara, Calif.-based Riviera Insurance Services LLC. Terms of the deal were not disclosed. Chris Hill, president or Riviera, and Steve Woodward, the firm’s...
Aon Risk Solutions Completes Acquisition of New York-Based Stroz Friedberg
Nov 2 2016 // Aon Risk Solutions, the global risk management business of Aon plc, has completed its acquisition of Stroz Friedberg Inc., a global risk management firm based in New York City. Financial terms were not disclosed. This move...
Aspen Insurance Acquires Puerto Rico Marine MGA, Blue Waters Insurers
Nov 1 2016 // Bermuda-based Aspen Insurance, the insurance segment of Aspen Insurance Holdings, announced it has acquired Blue Waters Insurers Corp. Blue Waters, which is headquartered in San Juan, Puerto Rico, is a specialist marine...
Markel Buys Galleon Marine Insurance Agency, London-based MGA
Nov 1 2016 // Markel International has acquired Galleon Marine Insurance Agency, the London based MGA that specializes in marine professional indemnity and cargo liability business. Markel Capital Holdings today acquired the issued...
New York’s AmTrust Acquires AmeriHealth Casualty Insurance
Oct 31 2016 // AmTrust Financial Services Inc., a multinational insurance holding company headquartered in New York City, has entered into an agreement to acquire AmeriHealth Casualty Insurance Company from Independence Health Group Inc....
BrickStreet Mutual, Motorists Mutual Pursue Joint Venture
Oct 28 2016 // BrickStreet Mutual Insurance and Motorists Mutual Insurance Co. announced they have begun to formalize an affiliation agreement between the two companies. If approved by state regulators and closed as anticipated in July...
Baldwin Named 2016 Distinguished Partner by Michigan Professional Insurance Agents
Oct 27 2016 // Cathy Baldwin, director of Marketing and Communication at wholesale insurance broker J.M. Wilson, has been named 2016 Distinguished Partner of the Year by the Michigan Association of Professional Insurance Agents (MI...
Ironshore Int’l Offers Documents, Services in Mandarin for M&A Unit
Oct 27 2016 // Ironshore International said it is now offering insurance documents and services in Mandarin for its Mergers & Acquisitions unit, a move that will help it better market to Chinese companies. The service involves a...
Leavitt Group Buys Majority in Murray and Murray in California
Oct 26 2016 // The Leavitt Group has purchased a majority stake in Murray and Murray Insurance Agency in Central California. Dan Lillard, a key team member of Murray and Murray, will become a co-owner and managing principal of the...
Confie Acquires Texas Auto Insurance Agency
Oct 26 2016 // Confie, a national provider of personal and commercial lines insurance, has acquired Hulme Corp., dba Alamo Auto Insurance of East Texas. Founded in 2001 and based in Tyler, Texas, Alamo Auto focuses on providing...
Pennsylvania Based NSM Insurance Group Makes First International Acquisition
Oct 26 2016 // NSM Insurance Group, a Conshohocken, Penn., based insurance program administrator, has acquired Vantage Holdings, a U.K.-based collector car and outdoor leisure program administrator. The acquisition is subject to FCA...
Verisk Analytics Buys Canadian Real-Time Analytics Firm Analyze Re
Oct 24 2016 // Data firm Verisk Analytics Inc. said it has acquired Halifax, Novia Scotia-based Analyze Re, a software analytics provider for the reinsurance and insurance industries founded in 2013. Terms of the deal were not...
Willis Re and SpatialKey Partner to Launch European Windstorm App
Oct 24 2016 // Willis Re, the reinsurance division of Willis Towers Watson, has collaborated with SpatialKey Inc. to launch a new European Windstorm app. “This powerful new event response application integrates data from multiple...
M&A Review: Deal Activity Continues Strong Pace
Oct 24 2016 // Deal count for the third quarter (Q3) of 2016 was down relative to the record-breaking Q3 of 2015, but was still the second-most active Q3 in the past 10 years. There were 90 announced transactions in Q3 2016 compared to...
Mitsui Buys 15% Stake in XL’s ILS Firm, New Ocean Capital
Oct 21 2016 // Mitsui & Co., Japan’s second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset manager that was founded by XL Group Ltd. and Stone Point Capital to make...
Venbrook Raises $42M in Financing, Buys New Jersey’s Brooks Insurance Group
Oct 21 2016 // Venbrook Group nailed down $42 million in new financing from Madison Capital Funding, a subsidiary of New York Life, and some of the money has already helped back an acquisition that expands its scope in the U.S....
