Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Global Risk Partners Hires Lewer to Lead E-Trading; Lee for e-Trade Underwriting
Oct 12 2015 // Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been...
Take Command Health, Zane Benefits Partner to Serve Small Businesses in Texas
Oct 9 2015 // Take Command Health, a Texas-based startup dedicated to helping individuals choose and save on their health insurance, is partnering with Zane Benefits to provide Texas businesses with fewer than 50 employees with health...
Bailey Place Insurance to Acquire Cotterill Agency in New York
Oct 9 2015 // Bailey Place Insurance, an independent agency with offices in Cortland, Dryden and Ithaca, New York, announced that it will acquire the Cotterill Agency Inc., an independent agency based in Dryden, New York, effective Dec....
JLT Acquires South Africa’s Eikos Risk Applications
Oct 9 2015 // Jardine Lloyd Thompson has agreed to acquire 100 percent of the shares of South Africa-based Eikos Risk Applications (ERA) from Eikos Holdings (Pty) Ltd., part of the Eikos Group. ERA provides specialist marine,...
Thornton Named Managing Director of Global Risk Partners’ Retail Broking Unit
Oct 9 2015 // Global Risk Partners Limited (GRP)* is pleased to announce that Neil Thornton will be joining as managing director of GRP’s Retail Broking business. Thornton was previously head of the Commercial Division of Bluefin...
Towers Watson Shareholders Plan to Vote Against Merger with Willis: Sources
Oct 9 2015 // Stakeholders who own millions of shares in Towers Watson & Co. are planning to vote against the firm’s $8.7 billion merger with Willis Group Holdings Plc if the terms of the transactions are not improved, people...
Willis Aims to ‘Shake Up’ UK Employee Benefits Market with PMI Health Acquisition
Oct 8 2015 // Willis Group Holdings plc announced the completion of its acquisition of PMI Health Group (PMIHG), a leading independent healthcare adviser and broker in the UK. PMIHG will operate as Willis PMI Group while the business...
Tischer Joins ANV Underwriters’ M&A Insurance Team
Oct 8 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced the appointment of Florian Tischer to its Mergers and Acquisitions (M&A) Insurance...
Run-Off Specialty Firm Catalina Agrees to Buy Allianz Suisse Re from Allianz SE
Oct 8 2015 // Catalina Holdings (Bermuda) Ltd. announced its wholly owned Swiss subsidiary, Glacier Reinsurance AG, has signed a definitive agreement to acquire Allianz Suisse Ruckversicherungs-Gesellschaft AG from Allianz SE. Allianz...
AssuredPartners Acquires Moscker Insurance Agency in Maryland
Oct 6 2015 // AssuredPartners Inc. announced that its subsidiary, AssuredPartners of New Jersey, has acquired Moscker Insurance Agency Inc. in Severna Park, Maryland. Terms of the transaction were not disclosed. Moscker Insurance Agency...
CRC Insurance Services to Acquire Connecticut Underwriters
Oct 6 2015 // CRC Insurance Services Inc., a wholesale insurance unit of BB&T Corporation’s principal subsidiary Branch Banking and Trust Company, announced an agreement to acquire Connecticut Underwriters Inc. in Middletown,...
Arthur J. Gallagher Acquires Wisconsin’s Burkwald & Assoc.
Oct 6 2015 // Itasca, Ill.-based insurance broker and risk management services provider, Arthur J. Gallagher & Co., has acquired Burkwald & Associates Inc. of Pewaukee, Wis. Terms of the transaction were not disclosed. Founded...
European Property Underwriting Forms Capacity Agreement with 3 Risk Partners
Oct 6 2015 // European Property Underwriting Limited (EPU), a London-based property owners MGA, has secured an exclusive capacity arrangement with three risk transfer partners, led by HDI Gerling, with major co/reinsurance...
Hub International Acquires North-Carolina Based IAS Associates
Oct 6 2015 // Hub International Limited, a global insurance brokerage, has acquired the assets of IAS Associates, LLC. Terms of the acquisition were not disclosed. Based in Cary, North Carolina, IAS specializes in providing property and...
Hub Acquires Assets of California-based Johnson & Wood
Oct 5 2015 // Hub International Ltd. has acquired the assets of Carlsbad, Calif.-based Johnson & Wood Insurance Services Inc. Terms of the deal were not disclosed. Johnson & Wood President Ed Johnson, and Stuart Wood, vice...
Connecticut Insurance Dept. to Play Key Role in Proposed Anthem/Cigna Merger
Oct 5 2015 // Connecticut’s Department of Insurance is playing a major role in a deal that could create the nation’s largest health insurer, leading a 26-state review of Anthem Inc.’s proposed merger with Bloomfield,...
Consolidated Agency Partners, iPrevision to Offer Cyber Risk Management Services
Oct 2 2015 // Consolidated Agency Partners, Inc. (CAP), a preferred carrier market access firm, and iPrevision, have formed a strategic alliance to enhance the cyber and data liability coverage needs of their members and...
Texas DA Suspends Funding Agreement With Texas Mutual
Oct 2 2015 // The Travis County District Attorney’s office in Texas says it is suspending an agreement with a private insurer that had allowed the company to pay prosecutors to pursue its fraud cases. District Attorney Rosemary...
Confie Acquires Alabama, New York, Florida Brokers
Oct 2 2015 // National personal lines insurance broker Confie said it has acquired four insurance brokers with locations in Alabama, western New York and Florida. Confie acquired TS Insurance Group which specializes in non-standard auto...
BB&T Buys 16.9% Stake in London-Based Miller; Willis to Keep Majority Interest
Oct 2 2015 // BB&T IHC International Ltd. has acquired a 16.9 percent interest in Miller Insurance Services LLP, the London-based specialist wholesale insurance broking firm. BB&T, which owns the world’s sixth largest...
