Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Associated Banc-Corp to Acquire Ahmann & Martin in Minnesota
Jan 20 2015 // Associated Banc-Corp (Associated) announced it has entered into an agreement to acquire Ahmann & Martin Co., a risk and benefits consulting firm in Minnesota, through Associated’s subsidiary, Associated Financial...
Aon Benfield Acquires Portfolio of Swiss Specialist Broker Sipex
Jan 20 2015 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced that it has acquired the entire portfolio of in-force business of Sipex Insurance and Reinsurance Brokers SA, an insurance and...
Aviva to Cut About 1,500 Jobs with Friends Life Acquisition
Jan 20 2015 // Aviva Plc said it may eliminate about 1,500 jobs with its £5.6 billion ($8.48 billion) takeover of Friends Life Group Ltd. The job losses form part of an estimated £225 million [$340.76 million] in annual savings from...
LevelFirst, Church Mutual Partner on Coverage for Religious Marketplace
Jan 16 2015 // Dallas-based wholesale insurance broker LevelFirst LLC has entered into an agreement with Church Mutual Insurance Co. to provide members of the Independent Insurance Agents of Texas with exclusive access to market-leading...
Get the Full View of M&A and Organic Growth Best Practices
Jan 16 2015 // MarshBerry Launches Four New 360 Seminars Woodmere, OH, January 16, 2015: MarshBerry is hosting four full day regional seminars focusing on best practices for merger & acquisition (M&A) and organic growth...
Ohio’s Smith Insurance Services Partners with the Leavitt Group
Jan 15 2015 // Ohio-based Smith Insurance Services Inc., along with Franchise Insurance Agency Inc., has entered into a partnership with the Leavitt Group. The agency will now be doing business as Smith & Leavitt Insurance Services...
Norton Insurance Agency Acquires Brennan Insurance in Maine
Jan 15 2015 // Norton Insurance Agency, a division of Norton Insurance Financial in Cumberland, Maine, announced that it has acquired the Brennan Insurance Agency of Winthrop, Maine. Terms of the transaction were not disclosed. Norton...
P/C Insurers See Surge in Cyber Insurance, M&A Activity in 2015
Jan 15 2015 // Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and merger and acquisitions (M&A) activity in 2015, according to a new Insurance Information Institute annual...
West Virginia’s City National Bank Sells Insurance Operations
Jan 15 2015 // City National Bank, headquartered in Charleston, W. Va., has sold its insurance operations, CityInsurance, to Richmond, Va.-based The Hilb Group. City National’s parent, City Holding Co., said the sale was effective...
Kaufman Financial Acquires Canadian MGA Avec Insurance Managers
Jan 13 2015 // Burns & Wilcox Canada, a subsidiary of Kaufman Financial Group, announced it has acquired Avec Insurance Managers, a Toronto-based managing general agent with expertise in marine, inland marine and other specialty...
Northwest Savings Bank Acquires B.J. Petruso Agency in Penn.
Jan 13 2015 // Northwest Savings Bank in Warren, Pennsylvania, announced the acquisition of B.J. Petruso Agency, a property/casualty and life insurance agency located in Meadville, Pennsylvania. Terms of the transaction were not...
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...
