Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Acentria Expands Into Miami Through Partnership with iSure Insurance Brokers
Dec 2 2016 // Acentria Insurance has expanded its presence in South Florida through a merged partnership with iSure Insurance Brokers, located in Miami. Established in 1984, iSure Insurance Brokers specializes in commercial insurance,...
Marsh & Mclennan Acquires Presidio Benefits Group in California
Dec 1 2016 // Marsh & McLennan Agency LLC has acquired Presidio Benefits Group, a San Francisco, Calif.-based employee benefits consulting firm. Terms of the deal were not disclosed. All of Presidio’s employees, including its...
Aon Agrees to Buy Brazil Health & Benefits Broker and Solutions Firm, Admix
Dec 1 2016 // Aon announced it has entered into an agreement to acquire Admix, a leading health and benefits brokerage and solutions firm in Brazil. Financial terms of the agreement, which was announced on Nov. 25, were not disclosed...
Access Holdco Buys Massachusetts Non-Standard Auto Business From IAT
Nov 30 2016 // Access Holdco Management, an Atlanta, Georgia, headquartered insurance managing general agency focused on the non-standard auto market, has purchased the Massachusetts non-standard auto insurance book of business of...
DUAL Commercial, Aspen Insurance Partner on Management Liability Program
Nov 30 2016 // DUAL Commercial, a subsidiary of the Hyperion Insurance Group Limited, has partnered with Aspen American Insurance Co., part of Aspen Insurance Holdings Limited, enabling DUAL to provide a broader management liability...
At Trial, Anthem-Cigna Merger Called Harmful to Competition
Nov 29 2016 // Anthem Inc.’s proposed $48 billion merger with Cigna Corp. could give the insurer the power to raise prices for employers both in the 14 states where it does business, as well as across the country, according to a...
AXIS Capital Buys Belgium-Based Specialty Aviation Re/Insurer Aviabel
Nov 29 2016 // Bermuda-based AXIS Capital Holdings Ltd. announced it has agreed to acquire general aviation insurance and reinsurance leader Aviabel, in a move that is designed to increase the company’s scale and relevance in the...
Verisk Acquires Analytics Firm MarketStance
Nov 28 2016 // Analytics firm Verisk Analytics Inc. has acquired MarketStance, a provider of market intelligence data and analytics to the property/casualty insurance market. Following the completion of the transaction, MarketStance will...
Insurtech Startups Attract Growing List of Traditional Insurer Partners
Nov 28 2016 // Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is...
In Anthem-Cigna Merger Trial, Fortune 500 Said Not at Risk
Nov 22 2016 // Anthem Inc. and the U.S. Justice Department dug in their heels on Monday in court over whether the lower prices the health insurer expects to negotiate after buying smaller rival Cigna Corp. are an efficiency that benefits...
Munich Re Partners with InsurTech Start-Up Wrisk
Nov 22 2016 // Insurtech company Wrisk Ltd., which was founded earlier this year, has entered into an agreement with Munich Re’s Digital Partners business unit. Under the agreement, Munich Re companies become the exclusive carrier...
China’s Fosun International to Buy Stake in Portugual’s BCP for $185M
Nov 21 2016 // Fosun International Ltd. agreed to pay 174.6 million euros ($185 million) for a stake in Banco Comercial Portugues SA, Portugal’s biggest publicly traded lender by assets. A unit of Fosun will subscribe to about...
Small Business Insurance Site CoverWallet Pulls In $7.8 Million in Funding
Nov 17 2016 // Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by Union Square Ventures, bringing its total raised to date to $9.5 million. In addition to Union...
China’s Anbang Insurance Set to Buy Toronto Tower for at Least $395M: Source
Nov 17 2016 // China’s Anbang Insurance Group Co. is set to purchase an office and retail tower in downtown Toronto that counts the Government of Ontario as a major tenant, according to people familiar with the deal. Anbang is...
Verisk Analytics Buys UK’s The GeoInformation Group
Nov 15 2016 // Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired The GeoInformation Group, a leader in the field of geographic data solutions based in Cambridge, England. “This...
Marsh to Acquire UK-Based Bluefin Insurance from AXA for $369.4M
Nov 15 2016 // Marsh announced it has reached agreement with AXA Group to acquire Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc. The transaction, which is subject to regulatory approval, is expected to close in the first...
Argo Group to Acquire Ariel Re for $235M
Nov 14 2016 // Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance and reinsurance products, announced it has entered an agreement to acquire Ariel Re, an underwriter of global re/insurance...
Arthur J. Gallagher Acquires Michigan’s Regency Group
Nov 10 2016 // Arthur J. Gallagher & Co. has acquired the Regency Group (Regency), a wholesale insurance broker and program administrator located in East Lansing, Michigan. Terms of the transaction were not disclosed. Established in...
Hub Acquires Assets of Massachusetts Based DFM Insurance Agency
Nov 10 2016 // Global insurance brokerage Hub International Limited (Hub) has acquired certain assets of Luk-Sal LLC, doing business as DFM Insurance Agency and based in Cape Cod, Mass. Terms of the acquisition were not disclosed. The...
Arthur J. Gallagher Buys London-Based Employee Benefits Firm, Argentis
Nov 10 2016 // Arthur J. Gallagher & Co. announced the acquisition of Argentis, based in London, England. Terms of the transaction were not disclosed. Founded in 2005, Argentis is a financial planning and employee benefits consultant...
