Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub International Acquires Illinois-Based Forest Financial Group Assets
Dec 2 2015 // Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Forest Financial Group Inc. (FFG). Terms of the acquisition were not disclosed. Based in Lake Forest, Ill., FFG specializes...
U.S. Risk Insurance Group Acquires Matias Underwriters in Boston
Dec 2 2015 // U.S. Risk Insurance Group Inc., a managing general agency and surplus lines wholesaler based in Dallas, announced that it has acquired Matias Underwriters LLC in Boston. Terms of the transaction were not disclosed. Matias...
Arthur J. Gallagher & Co. Acquires New Zealand’s Reid Manson
Dec 2 2015 // Arthur J. Gallagher & Co.* announced the acquisition of Reid Manson Ltd. located in Timaru, New Zealand. Terms of the transaction were not disclosed. Founded more than 30 years ago, Reid Manson is a retail insurance...
All Risks Acquires Florida-Based Specialty Risk Underwriters
Dec 2 2015 // All Risks, Ltd., a nationwide independent wholesaler, has acquired Specialty Risk Underwriters (SRU), a national program administrator based in St. Petersburg, Fla. Specialty Risk Underwriters has developed a variety of...
PartnerOne Launches Contractors Pollution & Professional Product
Dec 1 2015 // PartnerOne Environmental is working in partnership with Berkley Environmental, a Division of Berkley Specialty Underwriting Managers, to offer PartnerOne Contractors Pollution & Professional. This product is a combined...
Brown & Brown to Acquire Assets of MBA Insurance Agency of Arizona
Nov 30 2015 // MBA Insurance Agency of Arizona Inc. and Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., have entered into an agreement for the acquisition by Brown & Brown of substantially all of the...
Dutch Insurer NN Eyes Growth Through Acquisitions
Nov 30 2015 // NN Group NV, the Dutch insurer and asset manager spun out of ING Groep NV, is ready to expand and will consider acquisitions amid speculation that it could seek to acquire Delta Lloyd NV. Delta Lloyd’s shares...
Prime Risk Partners in Atlanta Hires Schneider as CFO
Nov 29 2015 // Prime Risk Partners announced that Robert Schneider has joined the company as executive vice president and chief financial officer. The company, headquartered in Atlanta, is building a national insurance...
Market Responds to Suggestions that NN Group Acquire Delta Lloyd
Nov 25 2015 // Delta Lloyd NV, the Dutch insurer under pressure to bolster capital, climbed as much as 6.6 percent after Rabobank pitched the idea of a purchase by NN Group NV. “There is a scenario possible by which NN Group would...
NORCAL Mutual to Acquire FD Insurance in Florida
Nov 25 2015 // NORCAL Mutual Insurance Co. and FD Insurance, a medical malpractice provider for physicians and surgeons in Florida, have signed a definitive agreement for NORCAL to acquire FD Insurance. This acquisition expands...
Worley Claims Services Acquires North Carolina-Based RJMW
Nov 24 2015 // Worley Claims Services, an insurance claims servicer in the United States, has acquired RJMW Claims Services, Inc., a provider of daily and catastrophe residential and commercial property claims services based in...
China’s Fosun Completes Acquisition of Remaining 80% Interest in Ironshore
Nov 23 2015 // Ironshore Inc. and Fosun International Ltd. announced that Fosun has completed the acquisition of the remaining 80 percent equity interest in Ironshore. Fosun has received approvals from all relevant regulatory authorities...
Brown & Brown Acquires Assets of Florida-Based Bentrust Insurance Group
Nov 23 2015 // Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired certain assets of BenTrust, which includes Bentrust Financial, Inc. d/b/a Bentrust Insurance Group; Bentrust AIB, LLC, and Florida...
Orchid Underwriters to Acquire Platinum Partners in Massachusetts
Nov 20 2015 // Orchid Underwriters, a Vero Beach, Florida-based managing general agent providing excess & surplus (E&S) insurance for coastal properties, has signed a definitive agreement to acquire Platinum Partners, a...
XL Buys Stake in High-Net Worth Insurer PURE
Nov 20 2015 // XL Group Plc, the Dublin-based insurer run by Chief Executive Officer Mike McGavick, acquired a stake in Privilege Underwriters Reciprocal Exchange, which takes on risks for wealthy clients and received funding from KKR...
Paul Hanson Acquires Majority Interest in Universal Insurance in Arizona
Nov 19 2015 // Paul Hanson Partners has acquired a majority interest in Universal Insurance Facilities Ltd., a Phoenix, Ariz.-based provider of specialty insurance programs. The new corporation will be branded as Universal Insurance...
PartnerRe’s Shareholders Approve Acquisition by EXOR
Nov 19 2015 // PartnerRe Ltd. announced Thursday that its shareholders voted to approve the proposed acquisition of the company by EXOR at a special general meeting of shareholders held at the company’s offices in Bermuda. The...
Tower Watson Sweetens Willis Merger Offer by Doubling Special Dividend to $10
Nov 19 2015 // Willis Group Holdings Plc, the third-largest insurance broker, agreed to better terms for Towers Watson & Co. shareholders in a proposed merger after the consulting firm’s investors said that a June agreement was...
BKS-Partners Adds Rays’ Outfielder Thompson to Insurance Team in Florida
Nov 17 2015 // Rich Thompson Florida-based Baldwin Krystyn Sherman Partners, an independent insurance brokerage firm, has appointed former Tampa Bay Rays outfielder Rich Thompson as Commercial Risk and Employee Benefits advisor. Prior to...
Endurance Partners with W. Brown Associates for U.S. Aviation Risks
Nov 16 2015 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W. Brown Associates to provide...
