Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AAIS, ACORD Partner on Standards for Insurers
Mar 17 2015 // Two major organizations that supply standard forms, rating information and policies to the property/casualty insurance industry have agreed to work more closely together. The American Association of Insurance Services...
P/C Insurance M&As: Deal Value Up, More to Come
Mar 17 2015 // Merger and acquisition activity in the property/casualty industry is increasing in deal value and will likely expand from reinsurers to primary carriers, according to two new industry reports. Deloitte said that the...
Norway’s Storebrand Buys Real Estate, Mortgages to Escape Negative Yields
Mar 17 2015 // Storebrand ASA, Norway’s largest listed insurance company based on assets under management, is buying mortgage bonds and real estate to escape negative rates. “Mortgage and corporate loans, where we are...
Atlas Financial Closes Acquisition of Global Liberty in New York
Mar 16 2015 // Atlas Financial Holdings Inc. in Elk Grove Village, Illinois, announced last week it has closed the acquisition of Global Liberty Insurance Company of New York along with its affiliated underwriting and premium finance...
AIG Buys Controlling Interest in Program Manager NSM Group
Mar 16 2015 // American International Group Inc. has agreed to acquire a controlling stake in NSM Insurance Group, a managing general agent and insurance program administrator, from ABRY Partners and NSM management. Terms of the deal...
S&P Removes AXIS, Partner Re from Credit Watch; Affirms Ratings
Mar 16 2015 // AXIS Capital Holdings Ltd. And PartnerRe Ltd. Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable Standard & Poor’s Ratings Services announced that it has affirmed its ‘A-‘ long-term...
Get the Full View of M&A and Organic Growth Best Practices
Mar 16 2015 // MarshBerry Launches Four New 360 Seminars Woodmere, OH, March 16, 2015: MarshBerry is hosting four full day regional seminars focusing on best practices for merger & acquisition (M&A) and organic growth strategies....
The Norton Agency of Georgia Appoints Marks as VP Managing Partner
Mar 15 2015 // Todd Marks Georgia-based The Norton Agency’s Insurance Division has appointed Todd Marks as VP managing partner of its Norton Mountain Insurance Division. Marks joins Norton as an equity partner after a 25 year...
HCC Specialty Partners with Weather Analytics
Mar 13 2015 // Specialty insurance underwriter HCC Specialty has formed a strategic alliance with Maryland-based Weather Analytics, a provider of precision climate, and weather data and analytics. Through this strategic alliance, HCC...
Compare.com Confirms Partnership with Google Insurance Comparison Site
Mar 10 2015 // Online auto insurance comparison site compare.com is now working with Google on its auto insurance compare and buy platform, Google Compare, in California. Andrew Rose, CEO of Virginia-based compare.com, said Google...
Integro Acquires Design Insurance Agency in New York
Mar 10 2015 // Insurance brokerage and risk management firm Integro announced its acquisition of Design Insurance Agency Inc., a specialist brokerage providing professional liability coverage and risk management services to architects,...
Bilot, Knutzen Lead Advocate Reinsurance Partners’ Minneapolis/St. Paul Office
Mar 10 2015 // Advocate Reinsurance Partners LLC, a privately owned reinsurance intermediary firm based in Dallas, announced the appointments of Daniel Bilot and Jon Knutzen as partners in the firm’s new Minneapolis/St. Paul,...
Verisk Analytics to Buy UK’s Wood Mackenzie in $1.937 Billion Deal – Source
Mar 10 2015 // Verisk Analytics Inc. has agreed to acquire British analytics firm Wood Mackenzie for more than €1.8 billion ($1.937 billion), according to a source familiar with the matter. Wood Mackenzie, a private research...
Arbella Insurance Foundation Partners With Heritage Museums & Gardens
Mar 9 2015 // The Arbella Insurance Foundation will be the leading sponsor for Massachusetts-based Heritage Museums & Gardens’ 2015 season, which begins April 18, according to an announcement by the Arbella Insurance Group in...
Hub Acquires Assets of California-Based Laubacher
Mar 9 2015 // Hub International Limited has acquired the assets of Laubacher Insurance Agency Inc., which services the California counties of Ventura, Santa Barbara and San Luis Obispo. Terms of the deal were not disclosed. The agencies...
The Key Coverage Business Partnerships Might Be Missing
Mar 9 2015 // There could be a risk flying under the radar in your client portfolio, one you may believe is satisfactorily covered. You can reveal it by answering a seemingly basic question: how are your clients’ businesses...
4 Reasons Direct Mail Should Be Part of Your Plan to Acquire New Customers
Mar 9 2015 // As an independent insurance agent you’re an expert in many things. You understand the right questions to ask in order to provide the right level of coverage. You know how to overcome price sensitivity by explaining...
Road Funding Bill Passed by Texas Senate
Mar 6 2015 // The Texas Senate has approved the first bill of the legislative session, with speedy passage of a plan to shift billions of dollars generated by vehicle sales taxes to building and maintaining roads strained by the...
Sompo Japan Nipponkoa Plans to Buy 15% Stake in French Reinsurer SCOR
Mar 6 2015 // Sompo Japan Nipponkoa Holdings Inc. will buy a 15 percent stake in French reinsurer SCOR SE in potentially its biggest investment abroad amid diminishing opportunities for growth at home. The insurer will initially buy 7.8...
Totten Insurance Group Acquires Quebec-Based Wholesaler NBS
Mar 5 2015 // Totten Insurance Group, the Toronto-based insurance managing general agency, announced it has acquired the shares of National Brokerage Services S.C.N. Inc. (NBS), a Montreal, Quebec-based commercial insurance...
