Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Atlas General, Rockingham Group Partner on New Commercial Lines Programs
Jan 13 2015 // Atlas General Insurance Services, LLC, a national multi-line program manager, has partnered with The Rockingham Group to offer three exclusive new programs: general contractors general liability, artisan contractors...
Arthur J. Gallagher & Co. Acquires e3 Financial in California
Jan 12 2015 // Arthur J. Gallagher & Co. has acquired e3 Financial in Newport Beach, Calif. Terms of the deal were not disclosed. e3 provides employee benefits brokerage, human resource administration and financial benefits...
Bucher Named Partner at Wisconsin-Based HNI Risk Services
Jan 12 2015 // HNI, a non-traditional risk management firm based in New Berlin, Wis., announced that Matt Bucher has been named a partner in the firm. Bucher is a relationship manager at HNI. In his current role, Bucher drives sales of...
Proposed XL Acquisition of Catlin Gets Review From Rating Agencies
Jan 12 2015 // A.M. Best and Standard & Poor’s have weighed in with their comments about XL Group’s announced agreement to acquire Catlin Group Ltd. for $4.1 billion in cash and stock. A.M. Best placed the financial...
ACE to Buy Fireman’s Fund Personal Lines; Famous Brand Fading Away
Jan 12 2015 // On Dec. 18, Allianz Group announced that it would sell the U.S. personal lines business of its Fireman’s Fund unit to ACE for $365 million by means of renewal rights arrangement. The merger of the personal lines...
Hub International Acquires Fidelity Associates in Spokane, Washington
Jan 9 2015 // Hub International Limited (Hub), a global insurance brokerage, announced that it has acquired the assets of Fidelity Associates Inc. and Fidelity Associates Financial Services Inc.(collectively, Fidelity), servicing...
PartnerRe Establishes PartnerRe Asia
Jan 9 2015 // Partner Reinsurance Asia Pte. Ltd., a wholly owned subsidiary of PartnerRe Ltd., has been licensed by the Monetary Authority of Singapore to operate as a non-life and life reinsurer, capitalized in Singapore, according to...
Marsh Agency Acquires North Carolina’s Benefit Planning Group
Jan 8 2015 // Marsh & McLennan Agency has acquired The Benefit Planning Group Inc., a Durham, North Carolina-based employee benefit consulting firm. Terms of the transaction were not disclosed. Founded in 1991, The Benefit Planning...
Year-End M&A Spurt Could Be Harbinger of More 2015 Deals: Fitch
Jan 8 2015 // Six merger and acquisition announcements in the North American property/casualty insurance and reinsurance sectors in late 2014—and another global deal on the table—may herald a raft of deals in 2015, Fitch Ratings...
AssuredPartners Acquires A.J. Lupas Insurance Agency in Pennsylvania
Jan 7 2015 // AssuredPartners Inc. has acquired A.J. Lupas Insurance Agency Inc. in Plains, Pennsylvania. Terms of the transaction were not disclosed. A.J. Lupas provides coverage for individuals, businesses, and life and health...
AmTrust Acquires New York’s Oryx Insurance Brokerage
Jan 7 2015 // AmTrust Financial Services Inc. announced that it has acquired privately held Oryx Insurance Brokerage Inc. from Oryx’s principals for cash. Further terms of the transaction were not disclosed. Oryx was established...
Hub International Acquires MMZ Associates in New York
Jan 7 2015 // Hub International Limited announced that its subsidiary Hub International Northeast Limited has acquired the assets of MMZ Associates Inc., a Westchester County, New York-based brokerage. Terms of the acquisition were not...
Marsh Acquires Trade Insure NV in Belgium
Jan 7 2015 // Marsh, a global leader in insurance broking and risk management, announced it has acquired Trade Insure NV, a distributor of credit insurance policies in Belgium. Terms of the transaction were not disclosed. Founded in...
Alliant Acquires American Benefits Consulting in New York
Jan 7 2015 // Alliant Insurance Services, a specialty insurance brokerage firm based in Newport Beach, California, has acquired American Benefits Consulting (ABC), an employee benefits consulting firm in New York. Terms of the...
Canada’s Cowan Insurance Group Acquires The Williamson Group
Jan 6 2015 // Cowan Insurance Group, a Canadian insurance brokerage and consulting operation, has acquired The Williamson Group, a financial services company focused on providing employer sponsored benefits, pensions and disability...
DSP Insurance Services Acquires Willis of Illinois’ Schaumburg Office
Jan 6 2015 // DSP Insurance Services, based in the Chicago area, announced the purchase of certain assets of Willis of Illinois’ Schaumburg office. The acquisition was finalized Dec. 31, 2014. John Adams, Bob Mielke, Jerry Olson...
Andrew Agency Acquires Assurance Associates, Bradshaw Agency in Va.
Jan 5 2015 // The Andrew Agency, an independent insurance agency in Richmond, Virginia, announced it has acquired Assurance Associates and The Bradshaw Agency, two retail agencies also based in Richmond. Terms of the transactions were...
Duffy Insurance Agency Acquires Connolly Insurance in Massachusetts
Jan 5 2015 // Duffy Insurance Agency, a family-owned, independent agency with offices in Lynn, Peabody and Gloucester, Massachusetts, announced its acquisition of Connolly Insurance Agency, a family-owned agency in Peabody,...
Brown & Brown Subsidiary Acquires Hall-Wright General Agency
Jan 5 2015 // Brown & Brown Inc., through its subsidiary, Texas Security General Insurance Agency Inc., has acquired Hall-Wright General Agency Inc. (Hall-Wright) and related affiliate companies. With origins dating back to 1971,...
U.S. Insurers Still Funding Asbestos, Environmental Liabilities: A.M. Best
Jan 5 2015 // The current estimate of net asbestos losses for the U.S. property/casualty industry remains at $85 billion, with net environmental losses estimated at $42 billion, according to a new Best’s Special Report. According...
