Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
R-T Specialty Acquires Blais Excess & Surplus Agency of Texas
Feb 13 2014 // Ryan Specialty Group’s wholesale brokerage R-T Specialty LLC (RT) has acquired Blais Excess & Surplus Agency of Texas Ltd. (Blais), an independent, specialty wholesale broker with offices in Dallas and...
MarketScout Acquires Specialty Bowling Program from QBE North Pointe
Feb 13 2014 // MarketScout said it has acquired a specialty underwriting facility, Bowling Center, which provides coverage for bowling centers on an admitted basis in all 50 states, except Alaska. The business was acquired from QBE North...
Qatar Insurance Company Enters Lloyd’s Market with Antares Acquisition
Feb 13 2014 // Qatar Insurance Company SAQ (QIC) announced that it has reached agreement to acquire the entire share capital of Antares Holdings Limited, together with its subsidiaries, a specialist insurer and reinsurer operating in the...
Feds Approve $26.3M to Buy Out Flood-Prone Homes in N.J.
Feb 11 2014 // The federal government has awarded New Jersey $26.3 million to enable it to buy 89 homes in flood-prone sections of Woodbridge. The state is in the process of buying homes from willing sellers affected by Superstorm Sandy...
The Institutes , Univ. of Wisconsin Partner on Leadership Development
Feb 11 2014 // The Institutes have partnered with the Wisconsin School of Business at the University of Wisconsin-Madison to offer a leadership development program designed for managers and supervisors in the property/casualty insurance...
Barney & Barney CEO Speaks Out on MMA Acquisition
Feb 10 2014 // Marsh & McLennan Agency LLC has acquired San Diego, Calif.-based Barney & Barney LLC, making Barney & Barney MMA’s Western regional hub. Terms of the deal were not disclosed, but Barney & Barney CEO...
MGIS Partners with Astute Doctor to Offer Physician Risk Management Program
Feb 6 2014 // The MGIS Companies, Inc. (MGIS), the a nationwide insurance provider of products and services designed specifically for physicians, has partnered with Astute Doctor Education Inc., for a new PREVENT education...
AssuredPartners Acquires AirSure in Colorado, Texas
Feb 5 2014 // AssuredPartners Inc. has completed the acquisition of Golden, Colo.-based AirSure Limited LLC. AirSure specializes in insurance coverage, employee benefits and risk management services for businesses in the aviation...
Marsh & McLennan Agency Acquires North Carolina Surety Bond Agency
Feb 5 2014 // Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, said it has acquired The Bond Network, a surety bonding agency based in Charlotte, North Carolina. Terms of the transaction were not...
Ironshore’s Australian Sub to Buy Specialist Insurer Assetinsure
Feb 4 2014 // Bermuda-based Ironshore Inc. announced that its Australian subsidiary has entered into an agreement to purchase all of the shares of Assetinsure Holdings Pty Ltd, the parent company of Assetinsure Pty Ltd (collectively...
NSM Insurance Group Acquires Professional Underwriters Agency
Feb 3 2014 // NSM Insurance Group announced it has acquired Professional Underwriters Agency Inc. (PUA), a managing general agent specializing in professional liability and located in Oak Brook, Ill. PUA was founded more than 30 years...
Blackmoor Acquires Penn. Branch of Connecticut Underwriters
Feb 3 2014 // Blackmoor General Agency of Horsham, Penn., has acquired the Pennsylvania branch of Connecticut Underwriters, an independent excess and surplus lines broker in Middletown, Conn., effective Feb. 1, 2014. The business and...
Marsh & McLennan Agency Acquires Barney & Barney in California
Feb 3 2014 // Marsh & McLennan Agency LLC has acquired San Diego, Calif.-based Barney & Barney LLC. Terms of the deal were not disclosed. Barney & Barney is a provider of insurance, risk management and employee benefits to...
Program Brokerage Corp. Acquires South Carolina’s Sirles
Feb 3 2014 // Program Brokerage Corp. (PBC), a wholesale subsidiary of insurance broker Hub International Limited (Hub), sad it has acquired the assets of Sirles Insurance Group Inc., a South Carolina-based commercial insurance...
Great American, Kapatoes Insurance to Partner on Retail Health Store Program
Feb 3 2014 // Great American Insurance Group’s Alternative Markets Division has teamed with Kapatoes Insurance Services to offer specialized insurance to retail health food and vitamin stores. The new offering through Great...
Arch Capital Closes Acquisition of CMG Mortgage Insurance, PMI Operating Platform
Jan 31 2014 // The Bermuda-based Arch Capital Group Ltd. (ACGL) announced that its “U.S.-based subsidiaries (Arch U.S. MI) have completed the acquisition of CMG Mortgage Insurance Company (CMG MI) and the mortgage insurance...
Oklahoma-Based INSURICA Acquires Joe West Co., Related Agencies
Jan 30 2014 // INSURICA Insurance Management Network, based in Oklahoma City, has acquired Tulsa-area agency, Joe West Company, and related agencies, Lon T. Jackson Agency and McMasters Insurance Counselors/Keystone Insurance Agency,...
Sunderland Marine Members Vote for Merger with North of England P&I Club
Jan 30 2014 // UK-based P&I Club Sunderland Marine (SMMI) announced that its members “voted strongly in favor” of the proposed merger with North of England P&I Club at an Extraordinary General Meeting held on January...
USI Acquires Travers, O’keefe & Associates in New York
Jan 28 2014 // USI Insurance Services announced the closing of the acquisition of Travers, O’keefe & Associates Inc., headquartered in New York. Terms of the transaction were not disclosed. Travers, O’keefe’s...
KKR to Buy Majority Stake in Claims Firm Sedgwick for $2.4 Billion
Jan 27 2014 // Sedgwick Claims Management Services Inc. said KKR & Co. LLP and company management would buy the provider of claims services for $2.4 billion, the latest in a wave of private-equity activity in the growing industry. A...
