Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Redpoint Insurance Acquiring Hallmark Workers’ Comp Business
Jun 25 2015 // Dallas-based Redpoint Insurance Group LLC is purchasing the workers’ compensation business of American Hallmark Insurance Co. of Texas, located in Austin. The acquisition is expected to close effective July 1, 2015....
ABRY Partners Replaces BHMS as Investor in Hilb Group Expansion
Jun 25 2015 // Boston-based private equity firm ABRY Partners has completed a significant investment in the The Hilb Group, a Richmond, Virginia-based insurance group. In connection with the transaction, The Hilb Group said its current...
NFP Property & Casualty Acquires Texas’ AutoGroup Services
Jun 25 2015 // Insurance broker and consultant, NFP, has acquired specialty agency AutoGroup Services (AGS), based in Fort Worth, Texas. Founded in 2000, AGS consults with auto dealerships to help maximize the profitability of their...
NFP Acquires Chicago’s Schwartz Insurance Agency
Jun 23 2015 // Insurance broker and consultant, NFP Corp., has acquired Schwartz Insurance Agency Inc. (SIA), located in the Chicago area. SIA is a third-generation insurance broker specializing in commercial lines. The firm joins NFP...
Arthur J. Gallagher Acquires Monument LLC in Pennsylvania
Jun 22 2015 // Arthur J. Gallagher & Co. announced today that it has acquired Monument LLC, a program administrator headquartered in Malvern, Pennsylvania, with an additional office in Newport Beach, California. Terms of the...
China’s Fosun International to Acquire Phoenix Holdings From Israel’s Delek
Jun 22 2015 // Delek Group Ltd. agreed to sell its controlling stake in Phoenix Holdings Ltd., Israel’s fourth- largest insurance provider by market value, to China’s Fosun International Ltd. The Netanya, Israel-based holding...
Marsh Appoints Rahr as Mid-Atlantic Partnership Leader in Philadelphia
Jun 19 2015 // David Rahr Global insurance broker Marsh appointed David Rahr as Mid-Atlantic partnership leader based in Philadelphia. In this role, Rahr will work to ensure the seamless delivery of Marsh’s advisory and...
Sedgwick Claims Subsidiary Buys Michigan’s Ternullo & Assoc.
Jun 19 2015 // Unified Investigations & Sciences Inc., a subsidiary of Sedgwick Claims Management Services Inc., has acquired Stephen Ternullo & Associates, a provider of structural engineering, forensic investigations and fire...
JLT Specialty, Keeper Security Form Client Data Protection Partnership
Jun 18 2015 // JLT Specialty Insurance Services Inc. (JLT Specialty USA), and Keeper Security, Inc., a password manager and digital vault, have formed a partnership designed to offer clients a tool to protect confidential and private...
Texas-Based Walker Myers Acquired by The Hilb Group
Jun 18 2015 // The Hilb Group LLC (THG) has acquired Texas-based Walker Myers Insurance & Risk Management LLC. With offices in Houston, San Antonio, Austin and Corpus Christi, Walker Myers presents its clients an array of insurance...
AssuredPartners Acquires StoudtAdvisors in Pennsylvania
Jun 18 2015 // AssuredPartners Inc. announced its acquisition of StoudtAdvisors in Lancaster, Pennsylvania. Terms of the transaction were not disclosed. StoudtAdvisors is an independent insurance broker specializing in employee benefits...
Brown & Brown Acquires Assets of Strategic Benefit Advisors in Massachusetts
Jun 17 2015 // Brown & Brown Inc. announced today that its subsidiary Brown & Brown of Massachusetts LLC has acquired certain assets of Strategic Benefit Advisors Inc., a health and welfare benefit advisory and brokerage firm...
Vertafore Acquires Florida-Based Agency Technology Provider QQ Solutions
Jun 16 2015 // Insurance software provider Vertafore, has acquired QQ Solutions, Inc., a provider of agency management systems and a comparative rater offering. The move expands Vertafore’s portfolio of agency management systems...
Marsh: Many Firms Fail to Assess Cyber Threats From Business Partners
Jun 16 2015 // Many UK firms are failing to adequately assess their customers and trading partners for cyber risk, and are more vulnerable to cyber attacks themselves as a result, according to a study published by Marsh. Marsh’s...
Berkshire Hathaway to Buy Stake in IAG to Boost Australia Insurance Sales
Jun 16 2015 // Warren Buffett’s Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region. The agreement will give Berkshire 20 percent of...
Stahlka Agency Acquires Prahovic Agency in New York
Jun 15 2015 // Stahlka Agency Inc., an independent insurance agency with offices in Williamsville and Orchard Park, New York, today announced its acquisition of the Prahovic Agency in Lake View, New York. Terms of the transaction were...
Arthur J. Gallagher to Acquire William Gallagher Associates in Boston
Jun 15 2015 // Arthur J. Gallagher & Co. announced today that it has signed a definitive agreement to acquire substantially all the assets of William Gallagher Associates Insurance Brokers Inc. (WGA), headquartered in Boston,...
USI Acquires First Merchants’ Insurance Brokerage
Jun 15 2015 // USI Insurance Services (USI) has acquired Indiana-based First Merchants Insurance Group, a retail property/casualty and employee benefits insurance brokerage operation, from First Merchants Corp. (First Merchants). This...
Philadelphia Insurance Acquires Allen J. Flood Companies in New York
Jun 12 2015 // Philadelphia Insurance Companies, a Bala Cynwyd, Pennsylvania-based commercial property/casualty and professional liability insurer for niche markets, announced its acquisition of all outstanding shares of The Allen J....
United Insurance Partners in California Names Henry Chief Marketing Officer
Jun 11 2015 // Pasadena, Calif.-based United Insurance Partners has named Paul Henry chief marketing officer. Henry will focus on retail sales and brokering. He has a background in commercial property/casualty insurance, and previously...
