Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Broker Clear Group Buys UK Credit Insurance Specialist Rycroft Associates
Jun 14 2024 // The Clear Group, the London-based independent broker, announced it has acquired the book and assets of credit insurance broker Rycroft Associates LLP and its sister company and appointed representative, Inspire Credit...
Marsh McLennan Unit Mercer to Buy UK Pension Fund Manager Cardano
Jun 12 2024 // Insurance brokerage firm Marsh McLennan’s unit Mercer has agreed to buy Cardano, a London-based pension fund manager that oversees $66 billion of assets, to widen its foothold in the UK market. The deal, unveiled on...
PointeNorth Acquires McCrary-Daniels in Georgia, its Fifth Expansion This Year
Jun 12 2024 // PointeNorth Insurance Group, one of the largest independent insurance agencies in the Southeast, has acquired McCrary-Daniels Insurance, based in Douglas, Georgia. It’s the fifth acquisition this year and the second...
DOXA Acquires Illinois MGA CPH Insurance
Jun 11 2024 // DOXA Insurance announced the acquisition of CPH Insurance, a Chicago-based MGA providing professional liability products for mental health, allied health and healthcare professionals. Founded in 2000 by founder and...
ALKEME Acquires Personal and Commercial Specialist InsurePro in Utah
Jun 11 2024 // ALKEME acquired InsurePro in Draper, Utah. Ladera Ranch, California-ALKEME is an insurance agency providing businesses and individuals with commercial and personal insurance, employee and executive benefits, retirement and...
Brown & Brown Acquires Minnesota’s McNamara Company
Jun 7 2024 // Brown & Brown, Inc. announced it has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in...
ALKEME Acquires Louisiana’s Hardwick Insurance
Jun 6 2024 // ALKEME, announced the acquisition of Hardwick Insurance, a commercial and personal specialist located in Lafayette, Louisiana. This strategic acquisition marks ALKEME’s expansion in the Southern United States and...
Hilb Group Acquires German American for $40M
Jun 5 2024 // Hilb Group announced and closed the sale of the assets of the wholly-owned subsidiary German American Insurance (GAI) to Hilb Group in an all-cash transaction of $40 million. The sale creates a significant after-tax gain,...
Hub Acquires Combined HCM in California
Jun 5 2024 // Hub International Ltd. acquired the assets of Combined Benefits Inc., Combined Commercial Insurance Services LLC., and Combined Employer Services Inc. Donny Woo, CEO, and Jonathan Zhao, vice president of payroll, and the...
Independence Pet Buys Bigger Stake in Miami-based Spot Pet Insurance
Jun 5 2024 // Independence Pet Holdings has acquired a majority interest in Spot Pet Insurance, an expansion of IPH’s 2022 investment in the Miami-headquartered insurer. Independence, founded in 2021 and helmed by CEO Lane Kent,...
Gallagher’s Pen Underwriting Acquires Irish MGA Wrightway Underwriting Ltd.
Jun 5 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced that its specialist underwriting subsidiary Pen Underwriting has acquired Ireland’s Wrightway Underwriting Ltd. Terms of the...
Marsh McLennan Agency Completes Fisher Brown Bottrell Acquisition
Jun 5 2024 // Marsh McLennan Agency said it completed its purchase of Fisher Brown Bottrell Insurance, Inc. from Trustmark National Bank for about $316 million. The subsidiary of Marsh said all Jackson, Mississippi-based Fisher Brown...
Hub Acquires Vermont’s Essex Agency
Jun 5 2024 // Global insurance broker Hub International Limited reported it has acquired The Essex Agency, Inc. of Essex Junction, Vermont. Terms of the transaction were not disclosed. The Essex Agency is an independent insurance agency...
NSM Acquires Reinsurance MGA Strategic Underwriters International
Jun 5 2024 // Global specialty insurance broker NSM Insurance Group has completed its acquisition of Strategic Underwriters International (SUI). Based in Doylestown, Pennsylvania, SUI is a managing general agent (MGA) in the casualty...
RiverStone Acquires Electric Insurance; Plymouth Rock Gets Renewal Rights
Jun 3 2024 // RiverStone International reports it has closed on its acquisition of Electric Insurance Co. and its two subsidiaries, Elm Insurance Co. and Electric Insurance Agency. Electric Insurance is a Beverly,...
Marsh McLennan to Buy Fisher Brown Bottrell Agency for $316 Million
Jun 3 2024 // Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies in the Southeast–Fisher Brown Bottrell Insurance Inc. Marsh McLennan Agency will pay $316 million in...
Aon/NFP’s Lenox Advisors Acquires Maryland Benefits Firm Serving Medical Pros
May 31 2024 // Lenox Advisors, Inc., an affiliate of NFP, an Aon company, reports it has acquired Martin/Wight & Co., a Maryland-based insurance and financial services firm that specializes in serving medical professionals. Founders...
Marsh McLennan Acquires Texas’ Perkins Insurance Agencies
May 31 2024 // Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of the acquisition were not disclosed. Founded in 1977, Perkins...
Inszone Acquires Texas’ T Blackwell Insurance Group
May 31 2024 // Inszone Insurance Services announced the acquisition of T Blackwell Insurance Group, an agency based in Garden Ridge, Texas. Founded by Tracey Blackwell in 2012, T Blackwell Insurance Group has carved a niche in personal...
Miller to Acquire Spanish Specialty Re/Insurance Broker Bruzon
May 30 2024 // Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon...
