Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Houston-Based The Stevenson Group Acquired by Digital Benefit Advisors
Jun 20 2016 // National employee benefits firm, Digital Benefit Advisors (DBA), has acquired its second Houston-based firm, The Stevenson Group. Principals Brian and Audrey Stevenson, along with their 16-member team will continue...
Church Mutual, Insight Worldwide Partner on Pre-Employment Screening
Jun 17 2016 // Merrill, Wis.-based Church Mutual Insurance Co. announced it has partnered with Insight Worldwide to offer access to pre-employment screening for those who hire employees at senior living communities. Pre-screening...
AmTrust Acquires Total Program Management in New York
Jun 17 2016 // AmTrust Financial Services Inc. announced that it has acquired Total Program Management LLC in Ronkonkoma, New York, for cash. Terms of the transaction were not disclosed. Founded in 2005, Total Program Management is a...
Texas-Based RiskPro Partners Names Davis as VP, Risk Management
Jun 16 2016 // RiskPro Partners, a privately held insurance brokerage firm headquartered in Dallas, has hired Julie Davis as vice president, Risk Management Services, in RiskPro Partner’s Austin office. Davis joins RiskPro Partners...
Ironshore’s Pembroke Agency Partners with Old Mutual for Africa Risks
Jun 16 2016 // Ironshore’s Pembroke Managing Agency Ltd. has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. Pembroke’s Lloyd’s Syndicate 4000 partners...
Duffy Insurance Acquires Jay Colangelo Insurance in Massachusetts
Jun 14 2016 // Duffy Insurance Agency, a family-owned, independent agency based in Lynn, Massachusetts, announced that it has acquired Jay Colangelo Insurance Agency of Chelmsford, Massachusetts. Terms of the transaction were not...
Arthur J. Gallagher & Co. Acquires Wisconsin Employee Benefits Firm
Jun 14 2016 // Arthur J. Gallagher & Co. has acquired The Buchholz Planning Corp. (BPC), located in Madison, Wis. Terms of the transaction were not disclosed. Founded in 1968, BPC provides employee benefits consulting and brokerage...
Run-Off Specialist Compre to Buy Allianz IARD’s Pool Legacy Business
Jun 14 2016 // Compre, the independent insurance and reinsurance legacy specialist, has agreed to acquire Allianz IARD’s Ridgwell Fox & Partners (RFP) pool legacy reinsurance business for an undisclosed sum. RFP is a...
Atlas General Insurance Services, LLC Announces Exclusive New Workers’ Compensation Partnership with Falls Lake Insurance Companies
Jun 14 2016 // San Diego, CA, June 14, 2016 – Atlas General Insurance Services, LLC, a national multi-line program administrator, announced today the addition of an exclusive new workers’ compensation insurance program with Falls...
Ironshore Names Aggarwal, 4 Others from Allied World to Global M&A Insurance Team for Americas
Jun 14 2016 // Ironshore International has announced its global Mergers & Acquisitions unit will establish an office for transactions in the North and Latin American regions. The Americas team will be led by Navine K. Aggarwal,...
Ohio-Based The Hoffman Group Acquired by Oswald Companies
Jun 13 2016 // Oswald Companies, headquartered in Cleveland, Ohio, has acquired The Hoffman Group, an Ohio insurance firm founded in 1919. Hoffman’s employees are now employee-owners of Oswald and will operate out of offices in...
N.Y. Court Says BofA, Countrywide Merger Communications Must Be Disclosed
Jun 13 2016 // New York’s highest court ruled on June 9 that Bank of America must disclose to an insurer communications it had with Countrywide Financial six months before the bank bought the mortgage lending company in 2008. The...
Arthur J. Gallagher & Co. Acquires KRW Insurance Agency in Illinois
Jun 9 2016 // Insurance broker Arthur J. Gallagher & Co. has acquired KRW Insurance Agency Inc. located in Crystal Lake, Ill. Terms of the transaction were not disclosed. Established in the 1940s, KRW Insurance Agency (KRW) is a...
Security Vendors, Partnerships Offer Key to Simplifying, Selling Cyber Insurance Online: CoverHound CEO
Jun 9 2016 // CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business customers to bind their...
John Yurconic Agency Acquires Hazleton Insurance in Pennsylvania
Jun 8 2016 // John Yurconic Agency, an independent agency based in Allentown, Pennsylvania, announced that it has acquired Hazleton Insurance Center in Hazleton, Pennsylvania. Terms of the transaction were not disclosed. Founded in...
U.S. Treasury Unit Reviews Fosun’s Acquisition of Ironshore
Jun 8 2016 // U.S. authorities are conducting a review of China’s Fosun Group’s acquisition in November 2015 of Bermuda-based insurer Ironshore. The Committee on Foreign Investment in the United States (CFIUS), part of the...
Confie Acquires Auto Dealer POS Provider ExpressLink in California
Jun 8 2016 // Confie has acquired ExpressLink Inc., a Calabasas, Calif.-based provider of auto dealer point of sale insurance and related products and services. Terms of the deal were not disclosed. Brian Murphy will continue as...
Arthur J. Gallagher Acquires Texas-Based Ashmore & Associates Insurance
Jun 7 2016 // Arthur J. Gallagher & Co. has acquired Ashmore & Associates Insurance Agency Inc. headquartered in Lubbock, Texas. Terms of the transaction were not disclosed. Founded in 1984, Ashmore & Associates Insurance...
Alliant Acquires Western Carwash Insurance Program
Jun 7 2016 // Alliant Insurance Services Inc. has acquired the Western Carwash Insurance Program in California. Terms of the deal were not disclosed. The Western Carwash Insurance Program is the exclusive insurance program of the...
Sapiens Acquires P/C Insurance Software Firm Maximum Processing
Jun 7 2016 // Israel-based financial software provider Sapiens International Corp. said it has agreed to buy Maximum Processing Inc., a property/casualty insurance software provider known for its Stingray System. Maximum Processing is a...
