Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Agency M&A in 2013 Reverted to Norm After Busy 2012: OPTIS Partners
Apr 7 2014 // Mergers and acquisitions of insurance agencies fell in 2013, with 248 reported transactions in the United States and Canada, according to a new semi-annual survey by OPTIS Partners, an investment banking and financial...
Arthur J. Gallagher to Buy Australian Wesfarmers’ Insurance Brokerage
Apr 6 2014 // Perth, Australia-based conglomerate Wesfarmers has agreed to sell the insurance brokerage and premium funding operations of its Insurance division to subsidiaries of U.S.-based broker Arthur J. Gallagher & Co. for...
Confie Head Eyes Commercial Acquisitions for Rest of 2014
Apr 4 2014 // Confie Seguros’ president wants it known that the agency made good on its promise a year-and-a-half ago to up its buying spree and expand into standard personal and small commercial lines, all while broadening its...
Arthur J. Gallagher Buys New Zealand’s Mike Henry Brokers
Apr 4 2014 // Arthur J. Gallagher & Co. has acquired Mike Henry Insurance Brokers Limited (MHIB), headquartered in Auckland, New Zealand. MHIB has annualized revenues of approximately $4.5 million and 30 staff operating from its...
Marsh & McLennan Agency Acquires South Carolina’s Capstone
Apr 4 2014 // Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, ] has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, South Carolina. Terms of the...
Selective Sells Renewals on Self-Insured Public Entity Book to Great American
Apr 4 2014 // Great American Insurance Group has completed a renewal rights agreement with Selective Insurance Co. of America to acquire Selective’s Self-Insured Group book of business. The business, amounting to $38 million in...
PSA Insurance & Financial Services Acquires Councill in Maryland
Apr 3 2014 // PSA Insurance & Financial Services in Hunt Valley, Md., acquired Councill, a Towson, Md.-based firm offering insurance products, third-party administration and risk management services for nursing homes, assisted...
Hilltop Holdings Inc. to Acquire SWS Group
Apr 2 2014 // Hilltop Holdings Inc., a Dallas-based financial holding company with interests in financial services and insurance operations, announced an agreement to acquire SWS Group Inc., a holding company that provides investment...
McGriff, Seibels & Williams to Acquire Caledonian in Washington
Apr 2 2014 // McGriff, Seibels & Williams Inc. has acquired Caledonian Insurance Group Inc. of Mercer Island, near Seattle, Wash. The deal was completed April 1. Terms were not disclosed. Caledonian specializes in insurance...
Hudson Acquires Trucking Program Manager, Motor Transport Underwriters
Apr 2 2014 // Hudson Insurance Group has acquired Motor Transport Underwriters Inc. (MTU), an underwriting, claims and risk management specialist in the long-haul trucking arena with which Hudson does business. The announcement said MTU...
Enstar and Stone Point Capital Complete Torus Acquisition
Apr 2 2014 // Enstar Group Limited and Stone Point Capital LLC announced the completion of the acquisition of global specialty insurer, Torus Insurance Holdings Limited, originally agreed to in July 2013. The announcement added that...
Johnson & Johnson Acquires Midwest’s Stateside Underwriting
Apr 1 2014 // Charleston, South Carolina’s Johnson & Johnson has acquired Stateside Underwriting Agency Inc. (SUA) in Crystal Lake, Illinois, and Chagrin Falls, Ohio. SUA will continue to operate under the leadership of...
Ironshore Canada, IronPro Division Appoint M&A Execs
Apr 1 2014 // Ironshore Canada Ltd. has announced the appointments of key executives within its Mergers & Acquisitions division and for IronPro, the professional and management liability unit of Ironshore Inc. Ironshore named Andrew...
Stratton Agency Acquires Willis Retail Pizza Program
Mar 31 2014 // Stratton Agency, an independent insurance brokerage in San Carlos, Calif., has acquired Willis Insurance Services retail pizza program. This purchase, initiated by the PizzaSurance division, includes hundreds of pizzeria...
Conning to Acquire Brookfield’s Insurance Asset Management Business
Mar 31 2014 // Hartford-based insurance asset management firm Conning, Inc. said it has agreed to acquire certain assets of Brookfield Investment Management Inc.’s core fixed income insurance. The investment team currently managing...
Catalina Completes Alea Group Holdings (Bermuda) Acquisition
Mar 31 2014 // Catalina Holdings (Bermuda) Ltd. Has announced that following receipt of regulatory approvals from the Bermuda Monetary Authority and the New York Department of Financial Services it has today completed its acquisition of...
Berkshire Hathaway Specialty Exec on Acquisitions, Expansion Plans
Mar 31 2014 // Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s...
Vertafore, DocuSign Partner to Offer E-Signature Services to Technology Users
Mar 27 2014 // Insurance technology provider Vertafore and digital transaction manager DocuSign have teamed up to offer e-signature services to Vertafore’s insurance clients. DocuSign’s Digital Transaction Management Platform...
BB&T to Acquire Woodbury & Co. in Carolinas
Mar 27 2014 // BB&T Insurance Services said it will acquire Woodbury & Co. of Wilmington, N.C., and Myrtle Beach, S.C. Woodbury & Co. sells commercial property/casualty; employee benefits; individual life and health; personal...
Insurance Executives See Jump in Acquisitions Ahead
Mar 27 2014 // After a slowdown following the 2008 financial crisis, the volume of insurance mergers and acquisitions should increase over the next one to three years, according to North American insurance executives. A sizable 86...
