Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Hub International Acquires Certain Assets of Puerto Rico’s FirstBank Insurance Agency
Jun 6 2016 // Illinois-headquartered global insurance broker Hub International Limited reports that it has acquired certain assets of FirstBank Insurance Agency Inc. Terms of the acquisition were not disclosed. Based in San Juan, Puerto...
Allied World Names Enright, Anderson to North America M&A Underwriting Team
Jun 6 2016 // Specialty insurance provider Allied World Assurance Co. Holdings has named Terry Enright and Ryan Anderson to its North American Mergers and Acquisitions (M&A) underwriting team. Allied World’s North American...
UK’s Global Risk Partners Acquires Cavendish Munro Professional Risks
Jun 6 2016 // Global Risk Partners Ltd. (GRP), the insurance broking and managing general agent investment vehicle, has completed its acquisition of Cavendish Munro Professional Risks Ltd., the specialist retail broker. Cavendish Munro...
Ohio’s Farmers National Bank Acquires Bowers Insurance
Jun 6 2016 // The Farmers National Bank of Canfield (Farmers), based in Canfield, Ohio, has acquired the Bowers Insurance Agency Inc. (Bowers Group). The transaction closed on June 1, 2016 and is expected to be accretive to earnings...
Review of Q1 M&A Deal Activity
Jun 6 2016 // Deal count for the first quarter of 2016 was down slightly relative to the record-breaking first quarter of 2015, but was still the second most active first quarter in the past 10 years. There were 109 announced...
NFP Acquires Minnesota’s Benefits Solutions Plus
Jun 3 2016 // Insurance broker and consultant, NFP Corp. announced it has acquired Benefits Solutions Plus Inc. (BSP), based in Anoka, Minn. BSP is a benefits brokerage that specializes in providing group health plans and ancillary...
