Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
SWBC Insurance Services Acquires Levy & Levy & Lefton in San Antonio
Sep 7 2016 // San Antonio-based SWBC Insurance Services, a division of SWBC, has acquired Levy & Levy & Lefton Insurance Agency, one of the oldest independent insurance agencies in San Antonio. David Lefton, principal of Levy...
Triumph Insurance Acquires Southern Transportation Insurance Agency
Sep 7 2016 // Triumph Insurance Group has acquired Dallas-based Southern Transportation Insurance Agency Ltd. Triumph is a full service commercial insurance agency specializing in the transportation sector, and is a subsidiary of TBK...
Hub Acquires Assets of Alaska-Based Patterson Insurance Brokers
Sep 7 2016 // Hub International Ltd. has acquired the assets of Anchorage, Alaska-based Patterson Insurance Brokers. Terms of the deal were not disclosed. Kent Patterson, Patterson’s president, will join Hub Northwest as vice...
Western Growers Partners with JLT
Sep 7 2016 // Western Growers Insurance Services has formed an alliance with JLT Specialty USA. The alliance provides Western Growers the ability to offer agribusiness and food clients access to global insurance carriers. Additionally,...
Massachusetts’ Gordon Insurance and Atlantic Advisers Announce Merger
Sep 7 2016 // Andrew G. Gordon Insurance Inc., a Norwell, Mass., based insurance provider, and Atlantic Advisers Insurance Agency Inc., also of Norwell, Mass., have announced their merger. The companies will combine to operate as Gordon...
New York’s Integro Insurance Brokers Acquires Insurance Revolution
Sep 7 2016 // Integro Insurance Brokers, a New York headquartered international broker and risk management firm, has acquired Insurance Revolution Inc., a Princeton, N.J., based risk management firm. Insurance Revolution Inc. is the...
Minnesota’s Kraus-Anderson Insurance Acquires Onyx Benefit Advisors
Sep 6 2016 // Minnesota-based Kraus-Anderson Insurance has acquired Onyx Benefit Advisors, based in Bloomington, Minn. Onyx was founded by Jenny Wiederholt-Pine, who built the company into a successful agency, offering services that...
School Boards Insurance Company of Pennsylvania Rebrands Following Church Mutual Acquisition
Sep 6 2016 // School Boards Insurance Company of Pennsylvania Inc., which in June was acquired by Church Mutual Insurance Company of Merrill, Wis., has rebranded to CM Regent Insurance Company to better reflect the company’s...
Marsh & McLennan Acquires Atlanta-Based Benefits Advisory Group
Sep 2 2016 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Benefits Advisory Group, an Atlanta-based employee benefits consulting firm. Terms of the transaction were not...
LP Insurance Acquires McMullen in Nevada
Sep 1 2016 // LP Insurance Services Inc. has acquired Elko, Nev.-based McMullen Insurance. McMullen co-owners, John Smales and Trinity Steelman, have both been named LP Insurance shareholders. Terms of the deal were not disclosed Reno,...
Hiscox Sells Hong Kong Division of DirectAsia to Well Link Group Holdings
Aug 31 2016 // Hiscox, the specialist insurance group, has completed the sale of the Hong Kong division of its DirectAsia business to Well Link Group Holdings Ltd., having received regulatory approval from the Office of the Commissioner...
UK’s Aviva to Hire JPMorgan’s Singh to Head Global M&A, Source Says
Aug 30 2016 // Aviva Plc hired Chetan Singh, a managing director at JPMorgan Chase & Co., to head its mergers and acquisitions globally as the British insurer scouts for deals outside its home market. Singh, who led dealmaking for...
Tokio Marine in Talks to Acquire RHB’s Non-Life Insurance Unit: Sources
Aug 30 2016 // Tokio Marine Holdings Inc, is in exclusive talks to buy RHB Bank’s general insurance unit in a deal that also includes an agreement to distribute the Japanese insurer’s products through the Malaysian lender,...
Vermont Law Tightens Regulation for Consumer Litigation Funding Companies
Aug 24 2016 // A new Vermont law introduces changes to the legal requirements for consumer litigation funding companies in the state. These companies will now need to get licensed and post a surety bond in order to operate...
Uber Moves Into Self-Driving Truck Lane with Otto Acquisition
Aug 19 2016 // Ride service Uber Technologies Inc. said on Thursday it has acquired the self-driving trucks startup Otto, and it also announced that Volvo Car Group has agreed to a $300 million alliance to develop self-driving...
Towergate Forms £30M, 5-Year Partnership with Yacht Specialist N&G (Zurich Unit)
Aug 19 2016 // Towergate and Navigators & General (N&G), a part of the Zurich Group, have signed a strategic partnership under which N&G will provide capacity and expertise for Towergate Marine products. Towergate Marine...
Guidewire to Acquire Massachusetts Software Firm FirstBest
Aug 18 2016 // Guidewire Software Inc., a property and casualty insurance software provider headquartered in Calif., has entered into an agreement to acquire FirstBest Systems Inc., a Bedford, Mass. based provider of underwriting...
New Jersey’s Holman Insurance Services Acquires Risk Partners
Aug 18 2016 // Holman Insurance Services LLC, a subsidiary of Maple Shade, N.J., based Holman Automotive Group Inc., has acquiredRisk Partners Inc., a Medford, N.J., based commercial insurance brokerage and managing general...
China’s Ping An Eyes Overseas Acquisitions, Including in Post-Brexit UK
Aug 18 2016 // Ping An Insurance Group Co. of China Ltd, the country’s second-largest insurer, is aiming for a possible fivefold increase in overseas investments and has not been put off Britain by its vote to leave the European...
Florida Insurers UPC Insurance, American Coastal Insurance Enter Merger Agreement
Aug 18 2016 // United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has entered into a merger agreement with RDX Holding, LLC, the parent of American Coastal Insurance Co. (ACIC or American...
