Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
CGSC Appoints Wallin as Group Commercial Director with M&A Expertise
Apr 20 2016 // Cooper Gay Swett & Crawford (CGSC), the London-based reinsurance, wholesale and specialty broker, announced the appointment of Andy Wallin as group commercial director. He takes up the role with immediate...
Business Risk Partners Adds 2 New Underwriters in Connecticut
Apr 19 2016 // Maggie Mae Kores Business Risk Partners (BRP), a specialty underwriter and program administrator based in Windsor, Connecticut, has added two new underwriters to its professional liability team: Maggie Mae Kores as senior...
AXA & Chaucer Form Strategic Partnership to Provide African Specialty Insurance
Apr 19 2016 // AXA is targeting the rapidly expanding market for African specialty insurance by partnering with Chaucer, a Lloyd’s specialty insurance group. The new venture, called “AXA Africa Specialty Risks,” will be...
TigerRisk Hires Swiss Re’s Kusche as Partner in New York
Apr 19 2016 // TigerRisk Partners LLC, a reinsurance broker and risk/capital management advisory firm, has hired Philipp Kusche as partner and global head of Insurance-Linked Securities(ILS) and Capital Solutions. Based in...
Tarpey Insurance Acquires W.C. Huntress Insurance in Massachusetts
Apr 18 2016 // Tarpey Insurance Group Inc., a family-owned and operated independent insurance agency with five locations and headquartered in Wakefield, Massachusetts, announced that it recently acquired W.C. Huntress Insurance Agency in...
Zurich Completes Acquisition of RCIS Crop Insurance Business
Apr 18 2016 // Zurich American Insurance Co. said it has completed its acquisition of Rural Community Insurance Agency (RCIA) and its subsidiary Rural Community Insurance Co. (RCIC) from Wells Fargo Insurance for $700 million. The two...
Florida Approves Anthem Bid to Acquire Cigna’s Florida-Based Affiliates
Apr 18 2016 // The Florida Office of Insurance Regulation (OIR) has issued a Consent Order approving, with additional requirements, Anthem, Inc.’s application to acquire 100 percent of the issued and outstanding voting securities...
K2 Acquires MGA; Launches Comp, Accident Programs with QBE
Apr 18 2016 // Program specialist K2 Insurance Services (K2) has acquired New Jersey-based High Point Underwriters, a managing general agency (MGA) specializing in workers’ compensation alternatives. K2 also launched a nationwide...
BKS-Partners in Florida Appoints Ingram to Commercial Risk Management Group
Apr 15 2016 // Florida-Based Baldwin Krystyn Sherman Partners (BKS-Partners), has appointed Amy Ingram as managing director of the Commercial Risk Management Group. She will be based in company’s Tampa office. Ingram joins...
Arthur J. Gallagher Acquires Insurance Plans Agency in Illinois
Apr 14 2016 // Arthur J. Gallagher& Co. has acquired Insurance Plans Agency Inc. in South Barrington, Ill. Terms of the transaction were not disclosed. Established in 1983, Insurance Plans Agency Inc. (IPA) is a retail insurance...
Verisk Analytics Acquires Risk Intelligence Ireland, Expanding Global Footprint
Apr 14 2016 // Verisk Analytics Inc. announced the acquisition of Risk Intelligence Ireland, a leading provider of fraud detection, compliance, risk control, and process automation services to the Irish insurance industry. “Risk...
Aquiline Capital to Buy UK’s Simply Business, an Online Small Business Brokerage
Apr 14 2016 // New York-based private equity firm Aquiline Capital Partners LLC on Monday entered into a definitive agreement to acquire Simply Business, an online brokerage service, which delivers tailored small business insurance...
Arthur J. Gallagher Acquires Charles Allen Agency in Minnesota
Apr 13 2016 // Arthur J. Gallagher & Co. has acquired the Charles Allen Agency Inc. in Waite Park, Minn. Terms of the transaction were not disclosed. Founded in 2010, the Charles Allen Agency Inc. (CAA) is a retail insurance broker...
The Hilb Group Acquires Clark-Mortenson Insurance in New Hampshire
Apr 12 2016 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced Tuesday that it has acquired Clark-Mortenson Insurance, a New Hampshire-based insurance and financial services agency. The terms of...
Many Chinese Patients Forced to Buy Hospital Appointment Tickets from Scalpers
Apr 12 2016 // As day breaks, hundreds of patients wait to see doctors in a queue that snakes around the Peking Union hospital in Beijing. Many will wait in vain – “scalpers” like Yu Wei have already illegally bought...
Plenum Launches Diversified ILS Fund, Partnering with Bermuda’s Sequant Re
Apr 11 2016 // Plenum Investments Ltd. has launched an insurance linked securities (ILS) fund, which will invest in collateralized reinsurance transactions, to be sourced and underwritten by Bermuda’s boutique reinsurer Sequant...
Get the Full View of M&A and Organic Growth Best Practices
Apr 11 2016 // Woodmere, OH, April 11, 2016 – MarshBerry is excited to once again host the MarshBerry 360 Seminar Series. These educational events provide a comprehensive packet of strategies that help insurance agencies and brokers as...
Ironshore Acquires Remaining Interest in Lexon Surety
Apr 11 2016 // Bermuda-based specialty insurer Ironshore Inc. said it will acquire the remaining 80 percent equity interest in Lexon Surety Group and its surety-related affiliates. Ironshore said it will be an all-cash transaction. Lexon...
The Hilb Group Acquires P.A. Post Agency in New Jersey
Apr 7 2016 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced Thursday that it has acquired Mahwah, New Jersey-based P.A. Post Agency LLC and its subsidiaries. Terms of the transaction, which...
Arthur J. Gallagher Acquires Oklahoma’s Capitol Benefits Group
Apr 7 2016 // Illinois-based insurance brokerage, Arthur J. Gallagher & Co., has acquired Capitol Benefits Group in Oklahoma City. Terms of the transaction were not disclosed. Founded in 1999, Capitol Benefits Group (Capitol) is an...
