Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Citigroup to Seek Bancassurance Distribution Partners in APAC Region: Source
Mar 28 2017 // Citigroup Inc. will seek bids from global insurers keen to sell general insurance products across the U.S. bank’s Asia-Pacific markets, in a deal that could be worth at least $500 million, a source with knowledge of...
Broker THB and CNA Hardy Partner to Provide Global Industrial Cyber Solution
Mar 27 2017 // London-based broker THB, CNA Hardy and cyber security specialist Waterfall Security Solutions have entered into a partnership to provide a cyber security protection package for industrial businesses globally. The package,...
Bradenton Insurance of West Florida Partners With Baldwin Risk Partners
Mar 27 2017 // Baldwin Risk Partners, a Tampa, Fla.-based insurance distribution holding company, has partnered with Bradenton Insurance LLC, of Bradenton, Fla., adding the agency to its group of companies. Bradenton Insurance has been a...
EPIC Acquires The Capacity Group in New Jersey
Mar 24 2017 // EPIC Insurance Brokers & Consultants has acquired the Capacity Group of Companies in Mahwah, N.J. Terms of the deal were not disclosed. As part of EPIC, the firm will now operate as The Capacity Group – an EPIC...
XL Catlin and Startupbootcamp InsurTech Form Partnership
Mar 24 2017 // Startupbootcamp InsurTech, the business accelerator that promotes insurance technology startups and corporate innovation, has formed a partnership with XL Catlin. The announcement comes as Startupbootcamp InsurTech’s...
Ironshore Expands Global M&A Unit with Appointments, Capacity Hike
Mar 24 2017 // Ironshore has expanded its mergers & acquisitions capabilities with a team of new hires in the Americas and broadened office presence to serve Canada and Latin America. In addition, to support heightened transaction...
Texas-Based ProAg to Acquire Iowa’s International Ag Insurance Solutions
Mar 23 2017 // Producers Ag Insurance Group Inc. (ProAg), a member of the Tokio Marine HCC group of companies, has agreed to acquire crop managing general agent, West Des Moines, Iowa-based International Ag Insurance Solutions LLC...
Reliance Partners Adds Copeland to Leadership Team in Tennessee
Mar 23 2017 // Reliance Partners has expanded its leadership team with the addition of veteran insurance professional Stephen Copeland as senior director of Customer Service. Copeland has more than 20 years of industry experience, which...
R&Q Acquires Captive Insurer from Fortune 500 Engine Manufacturer
Mar 22 2017 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced the acquisition of ICDC Ltd., a captive insurer of an American Fortune 500 company, for an undisclosed sum. The name of the former parent of the captive...
JLT Re Partners with KatRisk to Expand Modeling Capability in Canada
Mar 22 2017 // JLT Re, the London-based reinsurance broker and consultancy, has combined forces with flood modeling company, KatRisk, to enhance its flood risk modeling capabilities for clients across Canada. Berkeley, Calif.-based...
The Hilb Group Acquires New Jersey-Based American Truck Insurance Exchange
Mar 21 2017 // The Hilb Group LLC (THG), a Richmond, Va.-headquartered middle market insurance agency, has acquired Manasquan, N.J.-based American Truck Insurance Exchange LLC (ATIE). The transaction became effective March 1, 2017. ATIE...
Hannover Re to Acquire Lloyd’s Syndicate Argenta
Mar 21 2017 // Hannover Re has agreed to acquire the UK holding company Argenta Holdings plc, which owns Argenta Syndicate Management and Argenta Private Capital as well as a pro rata share of the Lloyd’s syndicate Argenta...
Carlton, Lindsey Named Partners at Texas-Based Hotchkiss Insurance
Mar 20 2017 // Farrah Carlton and Gary Lindsey have been named partners at Dallas-based Hotchkiss Insurance. Carlton has been with Hotchkiss for more than 20 years, receiving several promotions during her career with the firm. She...
Hub Acquires Portland’s BCI Group and Plus Point Services
Mar 20 2017 // Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of BCI Group Inc. (BCI) and its subsidiary, Plus Point Services Inc. (Plus Point). Both are based in Portland, Ore. Terms of...
Ironshore Specialty Adds M&A Transition Coverage for Construction Risks
Mar 20 2017 // Ironshore Specialty Casualty has enhanced its transition protection policy form to address contractual exposures related to an organizational merger or acquisition specific to the construction industry. Ironshore’s...
General Star, AmWINS Partner on New Food Delivery Insurance Program
Mar 20 2017 // General Star Management Company has launched a food delivery insurance program through its General Star Programs Unit. AmWINS Program Underwriters will administer the program designed for hired and non-owned auto liability...
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
Innovative Coverage Concepts Partners With Chubb on Restaurant Program
Mar 17 2017 // Innovative Coverage Concepts (ICC) has launched a new program for fine dining and upscale casual establishments. ICC’s carrier partner for the program is Chubb, which according to Dean Carras, president of ICC,...
KKR and Canadian Pension Fund to Acquire Insurance Broker USI in $4.3 Billion Deal
Mar 17 2017 // Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) agreed to buy USI Insurance Services from Onex Corp. in a $4.3 billion deal, including debt. The deal is the latest in a...
KKR and CDPQ Announce Joint Acquisition of New York-Headquartered USI
Mar 17 2017 // KKR, a global investment firm, and Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, have announced their joint acquisition of USI Insurance Services (USI), a U.S. insurance brokerage...
