Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Ryan Direct Agrees to Acquire Northern Ireland MGA, Midas Underwriting
Jan 8 2016 // Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory...
Hub International Acquires Assets of Mississippi-Based Gathings Insurance
Jan 8 2016 // Hub International Limited has acquired the assets of Gathings Insurance Services, LLC of Ridgeland, Miss. Terms of the acquisition were not disclosed. Gathings specializes in providing a variety of employee benefits, and...
DSP Insurance Services Acquires Assets of Willis of Illinois’ Schaumburg Office
Jan 7 2016 // DSP Insurance Services announced it has purchased another group of assets of Willis of Illinois’ Schaumburg office. The acquisition was finalized on Dec. 31, 2015. Nancy Vatch and key staff personnel lead the team of...
H.W. Kaufman Financial Group Acquires Toronto-Based Technical Risk Services
Jan 7 2016 // H.W. Kaufman Financial Group, headquartered in Farmington Hills, Mich., has acquired Technical Risk Services (TRS), a Toronto, Canada-based specialist in loss control services, inspections, and risk control consulting. TRS...
Mass. Health Insurers Partner With Police to Help Heroin Addicts
Jan 6 2016 // Health insurers in Massachusetts are pitching in to help the Gloucester Police Department with their well-known program to get heroin addicts into treatment. Under a pilot program launched Monday, members of the...
Swiss Re Corporate Solutions to Buy Stop Loss Underwriter IHC Risk
Jan 6 2016 // Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from Independence Holding Co. for $152.5 million in cash. The transaction includes IHC Risk...
Willis CFO Greene Exits with $3.75M Lump Sum After Towers Watson Merger
Jan 5 2016 // Willis Towers Watson Plc, the company created this week by the merger of insurance broker Willis Group Holdings Plc and consulting firm Towers Watson & Co., said Chief Financial Officer John Greene is stepping...
World Insurance Acquires HTK/Hunt Traina Kennard in New Jersey
Jan 5 2016 // World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, announced the acquisition of the HTK/Hunt Traina Kennard Insurance Agency Inc., also based in Tinton Falls. Terms of the transaction...
Ex-McKinsey Consulting Partner Charged with Fraud Against State Farm
Jan 5 2016 // A former partner at consulting firm McKinsey & Co has been arrested on charges that he engaged in a scheme to submit fraudulent invoices and expenses to the company and clients, including State Farm, for more than...
Guy Carpenter Appoints Meyenhofer as Head of Global Partners for EMEA
Jan 5 2016 // Guy Carpenter & Co. has appointed of Matthias Meyenhofer as managing director to lead the firm’s Global Partners client segment for EMEA. He will be responsible for improving and expanding the range of services...
VistaNational Insurance Acquires Business Insurance Underwriters
Jan 5 2016 // Oak Brook, Ill.-based VistaNational Insurance Group Inc. has acquired Business Insurance Underwriters of Wheaton, Ill. Terms of the transaction were not disclosed. VistaNational Insurance specializes in employee...
NORCAL Mutual Acquires Florida-Based FD Insurance
Jan 4 2016 // NORCAL Mutual Insurance Co. has completed its acquisition of FD Insurance, a Florida domiciled medical malpractice provider for physicians and surgeons. This acquisition expands NORCAL’s national footprint and...
H.W. Kaufman Financial Group Acquires New Orleans-Area Brokerage
Jan 4 2016 // H.W. Kaufman Financial Group, based in Farmington Hills, Mich., has acquired B&F Special Risks Inc., a New Orleans (Metairie), La.-based specialty insurance broker. B&F Special Risks was founded in 1977 by J....
Tarpey Insurance Group Acquires Wilson Insurance in Massachusetts
Dec 31 2015 // Tarpey Insurance Group Inc., a family-owned and operated independent agency based in Wakefield, Massachusetts, with four additional locations in the state, announced that it has acquired the assets of the Wilson Insurance...
NFP Acquires Vanorsdale Insurance Services in California
Dec 30 2015 // NFP Property & Casualty has acquired San Diego, Calif.-based Vanorsdale Insurance Services Inc. Terms of the deal were not disclosed. The firm’s president, Doug Galloway, will assume the role of director of NFP...
Willis Completes Acquisition of France’s Gras Savoye
Dec 30 2015 // Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, announced the completion of its acquisition of Gras Savoye, the leading French insurance broker. On April 22,...
NFP Acquires Absolute Advantage in Arizona
Dec 29 2015 // NFP Property & Casualty has acquired Lake Havasu City, Ariz.-based Absolute Advantage Insurance Services LLC. The deal transaction closed on Dec. 4. Absolute will operate from the existing NFP office in Lake Havasu...
Oswego Valley Insurance Acquires Banach Insurance in New York
Dec 29 2015 // Oswego Valley Insurance Agencies LLC (OVIA), an independent agency based in Oswego, New York, with five additional offices in the Central New York region, announced that it has acquired Banach Insurance Agency in Pulaski,...
AXA to Buy Liberty Ubezpieczenia, Polish P&C Operations of Liberty Mutual
Dec 28 2015 // AXA announced it will acquire Liberty Ubezpieczenia, the Polish property & casualty operations of Liberty Mutual Insurance Group for 92.3 million Polish Zloty ($23 million), plus the net asset value outstanding as of...
Arthur J. Gallagher & Co. Acquires Australia’s Strathearn Insurance Brokers
Dec 28 2015 // Arthur J. Gallagher & Co. has acquired 100 percent of the capital stock of Strathearn Insurance Group Pty Ltd., headquartered in Perth, Australia. Terms of the transaction were not disclosed. Founded in 1993,...
