Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Energi, HDI-Gerling America Extend Partnership for the U.S. Energy Industry
Jul 29 2014 // Energi and HDI-Gerling America have entered into a multi-year agreement to extend their risk management and insurance programs to certain segments of the United States downstream, midstream and upstream energy markets....
Markel Ventures Acquires Georgia Auto Transport Equipment Firm
Jul 24 2014 // Markel Ventures Inc. has acquired a majority interest in Cottrell Inc. of Gainesville, Georgia, a firm that designs and manufactures over-the-road automobile transport equipment. Terms of the transaction were not...
Cross Insurance Acquires Merchant, Needham & Associates in Maine
Jul 21 2014 // Bangor, Maine-based Cross Insurance has acquired Merchant, Needham & Associates Insurance, an independent insurance agency based in Northeast Harbor, Maine. Terms of the transaction were not disclosed. Originally...
USI Acquires BHB Insurance Services in New Jersey
Jul 21 2014 // USI Insurance Services announced the closing of the acquisition of BHB Insurance Services in Toms River, New Jersey. Terms of the transaction were not disclosed. USI says BHB is best known for its community associations...
MarshBerry Acquires Capital Management Advisor Gill & Roeser in N.Y.
Jul 16 2014 // MarshBerry has acquired the assets of Gill & Roeser Inc., a New York City-based boutique investment banking and reinsurance intermediary firm. Terms of the transaction were not disclosed. Gill & Roeser is an...
Canada’s Onex to Buy York Risk Services for $1.3 Billion
Jul 16 2014 // Onex Corp., Canada’s largest buyout firm, agreed to buy York Risk Services Group Inc. from ABRY Partners LLC in a deal valued at $1.33 billion, boosting its insurance business. York Risk Services provides risk...
Aon Completes Acquisition of National Flood Services
Jul 16 2014 // Aon Affinity, the consumer, association and program business of Aon Risk Solutions, has completed its acquisition of StoneRiver National Flood Services, Inc. and related entities from StoneRiver Group, L.P. The deal was...
Hub International Acquires Canadian Broker Gibson Insurance
Jul 9 2014 // Hub International Limited announced that it has acquired the shares of Gibson’s Insurance Agency Ltd., a Manitoba Canada-based insurance brokerage. Terms of the acquisition were not disclosed. The announcement said...
ACE to Acquire Brazil’s Commercial P&C Insurer Itaú Seguros
Jul 7 2014 // ACE Limited announced that it has reached a definitive agreement to acquire the large corporate property and casualty (P&C) business of Itaú Seguros, S.A. from Itaú Unibanco S.A. for approximately $685 million. ACE...
Insurer Helvetia Agrees to Buy Nationale Suisse in $2 Billion Deal
Jul 7 2014 // Helvetia Holding AG agreed to buy a majority stake in Nationale Suisse in a transaction valuing the company at about CHF1.8 billion ($2 billion) to create Switzerland’s third-largest insurer. Helvetia is offering...
Higginbotham Acquires Share of Willis of Texas Inc.’s Operations
Jul 3 2014 // Higginbotham has purchased a portion of Willis of Texas Inc.’s operations. The transaction includes Willis of Texas’ operations in San Antonio, McAllen, Victoria and Tyler. Combined, they add 35 employees and...
AssuredPartners Acquires Ramsey Insurance in West Virginia
Jul 3 2014 // AssuredPartners has acquired Ramsey Insurance Agency Inc., in Charleston, West Virginia. Terms of the transaction were not disclosed. Ramsey Insurance Agency reports revenues of approximately $1.5 million from selling...
Univest Acquires Sterner Insurance Associates in Pennsylvania
Jul 1 2014 // Univest Corporation of Pennsylvania and its insurance subsidiary, Univest Insurance Inc., announced the acquisition of Sterner Insurance Associates Inc. Sterner Insurance is a 21-person firm that operates two offices in...
AmWINS Acquires Cabrillo and Tidewater in California
Jul 1 2014 // AmWINS Group Inc. has acquired Cabrillo Pacific Insurance Services, a non-standard auto insurance managing general agent, and Tidewater Pacific Adjusters, the administrator that manages claims and appraisal functions for...
AmTrust to Acquire Florida Workers’ Comp Insurer OptaComp
Jun 30 2014 // AmTrust Financial Services Inc. announced that it has agreed to purchase Comp Options Insurance Co. Inc., a Jacksonville, Florida-based workers’ compensation insurer and a subsidiary of Blue Cross & Blue Shield...
Ironshore Calls Off Acquisition of Australia’s Assetinsure
Jun 27 2014 // Bermuda-based Ironshore Inc. announced that its Australian subsidiary’s transaction to acquire all of the shares of Australia’s Assetinsure Holdings Pty Limited, the parent company of Assetinsure Pty Limited,...
Insurance Underwriter, Broker Merger Activity Up 20%: SNL
Jun 26 2014 // Year-to-date through June 20, the insurance mergers and acquisitions (M&A) market witnessed 160 deal announcements, compared to 134 deals over the same period of 2013 — an increase of roughly 20 percent, according to...
Qatar Insurance Completes Acquisition of Antares
Jun 26 2014 // Qatar Insurance Co., the largest insurance company in the Middle East, said it has completed acquisition of Antares Holdings Limited, a specialist insurance and reinsurance group operating in the Lloyd’s market. The...
Polish Insurer PZU Selling Eurobonds to Buy RSA Units
Jun 26 2014 // PZU SA, Poland’s biggest insurer, is selling 500 million euros ($681 million) of five-year bonds to help finance an acquisition. The state-controlled insurer is tapping the market after the European Central Bank cut...
Florida’s HCI Moves to Acquire Competitor Prepared Insurance
Jun 24 2014 // The parent company of one of Florida’s largest home insurers has entered into a non-binding deal to purchase another state-based insurer in a move that could affect 21,500 state policyholders. HCI Group Inc....
