Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Scottish American Capital Acquires N.Y.-Based MGA Buckingham Badler
Jan 23 2013 // New York-based investment fund Scottish American Capital has acquired managing general agent Buckingham Badler Associates, also of New York. Founded in 1973, Buckingham Badler Associates is based in Staten Island, N.Y.,...
CoreLogic Buys CDS Business Mapping in Connecticut
Jan 23 2013 // CoreLogic, a residential property information, analytics and services provider based in Irvine, Calif., acquired CDS Business Mapping LLC in Middletown, Conn. CDS will be integrated into the existing CoreLogic Spatial...
N.J.-Based Risk Partners Appoints VP of Business Development
Jan 23 2013 // Risk Partners Inc., a provider of specialty workers’ compensation and auto liability placements and niche program business offerings, named Tripp Craig as its vice president of business development. Craig has over 25...
MMIC-Backed Constellation to Partner with Medical Liability Insurers
Jan 22 2013 // Constellation, a mutual holding company, has been formed by medical liability company, MMIC, to enable physician-owned medical liability companies to band together for common benefit. Constellation is based in Minneapolis,...
Lloyd’s Notes More Use of Specialist M&A Insurance
Jan 18 2013 // Given the reduced amount of merger and acquisition (M&A) activity as a result of the financial crisis, it’s not surprising that the deals, which do go through, engender greater risks. An article from...
ThinkRisk, Aspen U.S. Partner to Offer Media, Technology, Privacy E&O Program
Jan 18 2013 // Ryan Specialty Group’s (RSG) ThinkRisk Underwriting Agency and Aspen US Insurance have entered into a new underwriting partnership. ThinkRisk will transition its existing converging risk program –specialized errors...
Sun Life, Khazanah to Buy Aviva’s Malaysian Insurance JV for C$586 Million
Jan 17 2013 // Canada’s Sun Life Financial and Malaysian state investor Khazanah will buy 98 percent of Aviva Plc’s Malaysian insurance joint venture with lender CIMB for C$586 million (US$593.6 million). Sun Life and...
Tower Group Updates Figures on Merger Status with Canopius
Jan 17 2013 // Tower Group announced that it has received all required insurance regulatory approvals for its merger agreement with Canopius Holdings Bermuda Limited (CHBL). In addition the bulletin said that Tower Group “is...
USI Insurance Services Acquires 2 St. Louis, Missouri, Brokerages
Jan 16 2013 // Insurance Services (USI) has acquired Saint Louis, Mo.-based brokerages Welsch Flatness and Lutz Inc. (WFL) and Construction Insurance Partners (CIP). By combining the existing USI office in Saint Louis with WFL and CIP,...
Goldman Looks to Sell Major Stake in Reinsurance Group
Jan 16 2013 // In preparation for rules requiring the bank to hold more capital, Goldman Sachs Group is looking to sell a majority stake in its $1.4 billion reinsurance group, the firm’s incoming chief financial officer, Harvey...
Arthur J. Gallagher Acquires Argus Benefits in Atlanta
Jan 14 2013 // Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. has acquired Argus Benefits in Atlanta. Terms of the deal were not disclosed. Founded in 2001, Argus Benefits offers a wide range of...
Lake Norman Buys Aquesta Insurance’s Employee Benefits Unit in N.C.
Jan 14 2013 // Mooresville, N.C.-based Lake Norman Benefits has acquired the employee benefits practice unit from Aquesta Bank and its subsidiary Aquesta Insurance Agency Inc., based in Cornelius, N.C. Aquesta Insurance is an independent...
USI Insurance Services Buys Illinois-Based Pediatrics Insurance Consultants
Jan 10 2013 // USI Insurance Services LLC has acquired Pediatrics Insurance Consultants (PIC), based in Chicago, Ill. PIC is the insurance member benefits broker, marketer and administrator for the American Academy of Pediatrics (AAP)....
HUB International Acquires the Assets of Maritime Insurance Group
Jan 10 2013 // Hub International Limited (Hub) has acquired Maritime Insurance Group Inc. (Maritime) an insurance agency with its principal office located in Sheboygan, Wis. Terms of the acquisition were not disclosed. Maritime will...
HUB International Acquires Louisiana-Based Brokerage Benefit Concepts
Jan 9 2013 // Insurance broker Hub International Limited (Hub) has acquired the assets of Benefit Concepts Inc. (BCI), a Shreveport, La.-based employee benefits brokerage firm. Terms of the acquisition were not disclosed. BCI will...
Digital Insurance Acquires Missouri-based Health Star Consulting
Jan 9 2013 // Digital Insurance announced the acquisition of Health Star Consulting of Clayton, Mo. The benefits firm merged with the St. Louis office of Digital Benefit Advisors (DBA), a division of Digital Insurance. Health Star...
HIIG Energy, CAA Partner on Engineered Risk Energy Program
Jan 9 2013 // Combined Agents of America LLC (CAA) and HIIG Energy, a member of Houston International Insurance Group (HIIG), have teamed up to develop the CAA Engineered Risk Energy Program. The program is exclusive to CAA member...
Monster Insurance Acquires Renewal Rights for OneBeacon Energy Book
Jan 8 2013 // MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, announced that MarketScout subsidiary, Monster Insurance, has entered into an agreement with OneBeacon Insurance Co. over...
Bolton & Co. Acquires Preferred Specialty in Southern California
Jan 8 2013 // Pasadena, Calif.-based Bolton & Co. acquired Preferred Specialty Insurance Services, an independent insurance agency providing insurance services in the San Gabriel Valley. As part of the transaction, effective Dec....
Marsh & McLennan Agency Acquires Michigan’s McGraw Wentworth
Jan 8 2013 // Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh Inc., has acquired McGraw Wentworth Inc., an employee group benefits consulting and brokerage firm based in Troy, Mich. Terms of the transaction were not...
