Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Allied World Europe Acquires Markel Int’l.’s Aviation Renewal Rights
Oct 3 2013 // Allied World Assurance Company Holdings, AG and Markel International announced that they have entered into an agreement for Allied to acquire the renewal rights to a book of aviation business written by Lloyd’s...
Alliant Insurance Services Acquires Fort Worth-Based EnRisk
Oct 2 2013 // Specialty insurance brokerage firm, Alliant Insurance Services Inc., has acquired EnRisk Services Inc., a Fort Worth, Texas-based firm that specializes in insurance and risk management for the energy industry. EnRisk has...
Monsanto to Buy Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million
Oct 2 2013 // Monsanto Co., the world’s largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and agronomic modeling to boost yields and manage risk. Closely held Climate...
Hub Acquires Florida’s Connelly, Carlisle, Fields & Nichols
Oct 1 2013 // Global insurance broker Hub International Limited has acquired the assets of Connelly, Carlisle, Fields & Nichols (CCFN), a Clearwater, Florida-based insurance brokerage firm. Terms of the acquisition were not...
AmTrust to Acquire The Insco Dico Group in California
Sep 27 2013 // AmTrust Financial Services Inc. has entered into a definitive agreement to acquire The Insco Dico Group for roughly $85 million, $7 million above its tangible book value, the company has announced. The acquisition is to be...
Kentucky Judge Rules Woman Must Testify Against Same-Sex Partner
Sep 25 2013 // The same-sex partner of a woman charged with murder must testify against her and isn’t protected by the husband-wife privilege under state law, a Jefferson County judge ruled this week. The case is the first legal...
B&B Protector Plans, Aspen US Partner for Lawyers Professional Liability
Sep 25 2013 // B&B Protector Plans, Inc. and Aspen US Insurance have partnered for lawyers professional liability, with Aspen US now the carrier for the Lawyer’s Protector Plan (LPP). The program will offer lawyers professional...
Zimmer Named VP, Mergers and Acquisitions at Sentry Insurance
Sep 25 2013 // Michael V. Zimmer has been named vice president of mergers and acquisitions for Stevens Point, Wis.-based Sentry Insurance. Zimmer joined with Sentry in 2005, most recently serving as vice president – chief...
Willis North America Names Doyle Managing Partner in Tampa
Sep 24 2013 // Willis North America announced that James Doyle has been appointed managing partner of Willis’ Tampa operations. In this role, Doyle will oversee Willis’ Tampa operations and will focus on strategic planning,...
ProAssurance to Acquire Workers’ Comp Insurer Eastern Holdings
Sep 24 2013 // Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers’ compensation insurer Eastern Insurance Holdings Inc. in an all-cash transaction that values Eastern at $24.50 per...
Ironshore Int’l. Appoints O’Reilly to Underwrite M&A in Singapore
Sep 24 2013 // Ironshore International has appointed Astrid O’Reilly to write Mergers & Acquisitions (M&A) insurance lines, based in its Singapore office. She will oversee Ironshore’s M&A insurance offerings and...
Cooper Gay and Swett & Crawford Acquires Lloyd’s Broker NMB
Sep 23 2013 // Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin and Buchan (NMB), subject to regulatory approval from the UK...
JLT to Acquire Towers Watson Reinsurance Brokerage Unit, Expand Into U.S.
Sep 20 2013 // UK-based broker Jardine Lloyd Thompson Group plc (JLT) said it is acquiring the reinsurance brokerage business of New York-based Towers Watson for $250 million. JLT said the acquisition would provide “a very strong...
Ascension Acquires North Carolina Transportation Broker Transure
Sep 19 2013 // Ascension Insurance Inc. has acquired transportation and trucking specialist Transure Services Inc., located in Whitsett, North Carolina. Transure’s brokerage platform is augmented by an in-house wholesale operation,...
Arthur J. Gallagher Acquires U.K.’s Belmont International
Sep 18 2013 // Arthur J. Gallagher & Co. has acquired Belmont International, located in Kent, England. Terms of the transaction were not disclosed. Established in 1988, Belmont is a risk management advisor and insurance broker that...
Confie Seguros Acquires Affirmative’s Retail Agency Group
Sep 18 2013 // Confie Seguros, a national group of personal lines insurance brokers, has agreed to acquire the retail distribution arm of Affirmative Insurance Holdings Inc., known as the Retail Agency Group. The Retail Agency Group...
Ryan Specialty Group Announces Merger of S.H. Smith & Co. Into R-T Specialty
Sep 16 2013 // Ryan Specialty Group LLC today announced that it reached agreement to merge S.H. Smith & Company Inc. into R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group. Terms of the transaction were not...
Berkley Underwriting Partners Changes Name to Berkley Program Specialists
Sep 16 2013 // Berkley Underwriting Partners, a W. R. Berkley company, has changed its name to Berkley Program Specialists. The company said the change better reflects its sole focus on program business. “We decided to change our...
2013 BrokersLink Conference to Focus on Partnerships, Technology
Sep 16 2013 // BrokersLink, one of the world’s largest independent insurance broker networks, whose members manage premium volumes in excess of $14 billion, announced that its fifth annual global conference will be held in...
Highland Risk Services Partners with Ironshore for Continuing Care Retirement Communities
Sep 11 2013 // Glenview, Ill.-based insurance wholesaler Highland Risk Services announced an exclusive partnership with Ironshore to provide liability insurance for the empirical risk program, which is designed specifically for...
