Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Alera Group Buys Med Mal Insurer CLS Healthcare Liability
Jan 19 2024 // Alera Group, an insurance and financial services firm in the U.S., announced the acquisition of CLS Healthcare Liability Specialists. Based in North Palm Beach, Florida, CLS provides malpractice coverage for physicians,...
Inszone Acquires Texas’ Dina King Insurance
Jan 18 2024 // Inszone Insurance Services has announced the acquisition of Dina King Insurance. This acquisition is a major move for Inszone Insurance as they expand in Texas. Dina King Insurance, founded by Dina King in 1985, has been a...
Arthur J. Gallagher Acquires New England’s Rowley Agency
Jan 18 2024 // Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Concord, New Hampshire-based The Rowley Agency. The Rowley Agency is a retail insurance broker providing property/casualty, surety and...
Washington State Sues to Block Kroger and Albertsons Proposed Merger
Jan 18 2024 // Washington state Attorney General Bob Ferguson sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains. In the suit filed in King County Superior Court, Ferguson argued...
Inszone Acquires Texas’ Jacque Pirtle Insurance
Jan 17 2024 // Inszone Insurance Services announced its recent acquisition of Jacque Pirtle Insurance, an insurance agency with nearly three decades of commitment to serving the Dallas/Fort Worth Metroplex. Founded in June 1994 by Jacque...
Swiss Re Buys Cyber Market’s 1st Retrocession ILW, Brokered by Gallagher Re
Jan 17 2024 // Swiss Re has purchased the cyber market’s first retrocession industry loss warranty (ILW), brokered by Gallagher Re and supported by a number of specialist reinsurers. Swiss Re secured $50 million of catastrophic US...
Gallagher Re Acquires Toronto-Basded Broker MGB Re
Jan 16 2024 // Arthur J. Gallagher & Co. announced that its reinsurance division, Gallagher Re, has acquired Toronto, Ontario-based MGB Re (MGB). Terms of the transaction were not disclosed. MGB provides reinsurance solutions to...
Brown & Brown’s Bridge Specialty International to Buy Singapore-Based Broker Acorn
Jan 16 2024 // Brown & Brown Europe’s wholesale and specialty brokerage group, Bridge Specialty International, announced it has agreed to acquire Acorn International Network Pte Ltd., a Singapore-based insurance broker. The...
Alabama’s Starke Agency Acquires University Insurance in Auburn
Jan 16 2024 // Starke Agency, an insurance brokerage in Montgomery, Alabama, has acquired University Insurance Agency in Auburn, one of the oldest brokers in the city. The terms of the deal were not disclosed. Starke said in a news...
Riskonnect Acquires Ventiv Technology in Risk Management Deal
Jan 12 2024 // Riskonnect, a provider integrated risk management (IRM) solutions, said Thursday is acquired Ventiv Technology, a provider of risk, insurance and underwriting technology solutions. “The acquisition adds substantial...
Arthur J. Gallagher & Co. Acquires UK-Based MCMM Services Ltd.
Jan 11 2024 // Arthur J. Gallagher & Co. announced the acquisition of UK-based MCMM Services Ltd. (MCMM). Terms of the transaction were not disclosed. MCMM provides administrative and claims management services to members of...
Andreessen Horowitz Backs British Insurance Startup in $73M Funding Round
Jan 11 2024 // U.S. venture capital firm Andreessen Horowitz has backed London-based insurance startup Hyperexponential in a $73 million funding round, the insurance software company said on Thursday. Founded in 2017, Hyperexponential...
At the Intersection of Tech and Insurance: Exploring MGA Funding Then and Now
Jan 11 2024 // This post is part of a series sponsored by AgentSync. Just a few years ago, Managing General Agencies (MGAs) were an attractive investment option in the insurtech space. But market turmoil and emerging industry challenges...
Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M
Jan 10 2024 // Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108...
ALKEME Acquires Texas’ Flor Insurance Group
Jan 9 2024 // ALKEME, announced the acquisition of Flor Insurance Group, a multi-line independent insurance agency located in El Paso, Texas and serving the entire United States. Founded in 2010, Flor Insurance Group is focused on...
Oswald Companies Acquires Michigan’s Brieden Consulting Group
Jan 9 2024 // Oswald Companies announced it has acquired Brieden Consulting Group, an employee benefits agency based in Grosse Pointe, Michigan. The addition of Brieden strengthens Oswald’s existing Michigan presence, which is...
China Broker TIAN RUIXIANG Agrees to Buy Hong Kong’s Peak Consulting Services
Jan 8 2024 // TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a memorandum of understanding (MoU) to acquire Hong Kong insurance broker Peak...
Majesco Acquires Decision Research Corp. Insurance Software Business
Jan 8 2024 // Majesco, a cloud insurance software provider for the insurance business, announced it has acquired the Decision Research Corporation (DRC) business. DRC, based in Philadelphia-based, is an SaaS-based insurance software...
Gallagher Acquires German Specialty Broker Köberich Financial Lines
Jan 8 2024 // Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed. Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties &...
Johnson & Johnson Acquiring Mid Valley General Agency in Oregon
Jan 5 2024 // Johnson & Johnson Inc. will expand its footprint into Oregon, Idaho, Montana and Washington by acquiring the assets of Mid Valley General Agency LLC based in Salem, Oregon. Mid Valley is a family-owned managing general...
