Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
XL Innovate, XL Group’s Venture Capital Company, Acquires New Energy Risk
Oct 2 2015 // Dublin-based XL Group plc announced that XL Innovate*, the venture capital fund sponsored by the company, has acquired all of the shares of New Energy Risk Inc. “New Energy Risk has developed and delivered to the...
York Risk Services Group Acquires Mississippi-Based Quick Cat
Oct 2 2015 // York Risk Services Group, a provider of claims management, managed care and risk management services, has acquired Brandon, Miss.- based Quick Cat LLC. Quick Cat provides commercial daily and catastrophe claims services on...
UPC Insurance to Buy Interboro for $57M
Sep 30 2015 // United Insurance Holdings Corp. (UPC Insurance) said it will pay $57 million for Interboro Insurance Co., a New York-based property/casualty insurer licensed to operate in four states and Washington, D.C. The deal involves...
Florida’s Heritage Insurance to Acquire Hawaii’s Zephyr
Sep 29 2015 // Clearwtaer, Florida-based Heritage Insurance Holdings Inc. has agreed to acquire Zephyr Acquisition Co. and its wholly-owned subsidiary, Zephyr Insurance Co., a specialty insurance provider in Hawaii. The acquisition will...
Surgical Funding Firm Accused of Inflating Claims
Sep 29 2015 // A unit of Johnson & Johnson that makes artificial hips has accused a surgical funding company of seeking excessive profits from financing surgery for patients suing over the devices. The claim by DePuy Orthopaedics...
