Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Swett & Crawford Acquires Missouri-based Aviation Program Manager
Jan 9 2012 // Wholesale insurance intermediary, Swett & Crawford, announced it has acquired The ABC Program, an underwriting facility based in St. Louis, Mo., from AHM Financial Group LLC. The ABC (Aviation Based Coverage) Program...
Texas Insurer Acquires Florida’s Physicians Insurance
Jan 9 2012 // The Texas Medical Liability Trust has acquired the Florida-based Physicians Insurance Co. The Deerfield Beach, Florida-based Physicians Insurance has been operating in the state since 2003. According to a 2011 Office of...
Neace Lukens Acquires Kentucky’s Berryman Agency
Jan 9 2012 // Louisville-based insurance agency Neace Lukens is expanding its presence in Kentucky by buying the Berryman Insurance Agency. The Hartford, Kentucky-based Berryman Agency was founded in 1937 and its current owners date...
N.J.-based Bollinger Acquires Argent Professional Insurance Agency
Jan 6 2012 // Short Hills, N.J.-based insurance broker Bollinger acquired Argent Professional Insurance Agency in Warren, N.J. Bollinger said the acquisition would help bolster its professional liability insurance brokerage...
Report: Liberty Mutual Failed in Bid to Buy Harleysville
Jan 6 2012 // It turns out there was another player in last year’s merger deal between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co. According to a news report, Liberty Mutual also made an offer last...
TDECU Insurance Agency Acquires Associated Insurance Advisors
Jan 6 2012 // TDECU Insurance Agency LLC announced the acquisition of Associated Insurance Agency Inc. (AIA) based in Houston, Texas. The purchase was finalized Jan. 3, 2012. Associated Insurance Agency is an independent insurance...
MedPro Completes Acquisition of New Jersey-based Princeton Insurance
Jan 5 2012 // Medical Protective Co. (MedPro), a medical professional liability insurance unit of Berkshire Hathaway, announced this week the completion of its acquisition of Princeton Insurance Co. Princeton Insurance is a New...
Marsh Completes Acquisition of Alexander Forbes’ Brokerage Business
Jan 5 2012 // Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies announced that it has completed its previously agreed acquisition of the brokerage business of South Africa’s Alexander Forbes. Marsh said the...
AIA in Washington Acquired by Hub
Jan 5 2012 // The assets of Pullman, Wash.-based Associated Independent Agencies Inc. (AIA) have been acquired by Headquartered in Chicago, Ill.-based Hub International Ltd (Hub). Terms of the deal were not disclosed. The AIA operation...
Willis Names Richardson Regional Partner In Northern California
Jan 5 2012 // Willis North America has named Jason Richardson as Regional Partner of Northern California. The appointment is effective immediately. Richardson will be based in San Francisco, Calif. Richardson will oversee Willis’...
Penn.-based Glatfelter Acquires Faith-Based and Senior Living Programs
Jan 4 2012 // Glatfelter Program Managers, a program business division of Glatfelter Insurance Group in York, Penn., acquired senior living and religious organizations programs from Bunker Hill Underwriters Agency in Houston. The senior...
Arthur J. Gallagher Acquires Capital Bauer Insurance in Albany, N.Y.
Jan 4 2012 // Itasca, Ill.-headquartered insurance brokerage giant Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency in Albany, N.Y. The companies did not disclose terms of the transaction. Founded in 1957, Capital...
Catlin Boosts Hijack, Kidnap, Ransom Services with Partnerships
Jan 4 2012 // Catlin Group Limited has formed partnerships with two specialist risk management consultancies to enhance its services to clients with hijack, kidnap, extortion and wrongful detention exposures. The Bermuda-based insurer...
Catlin Forms Partnership with Crisis Management Consulting Firms
Jan 4 2012 // Catlin Group Limited has formed a partnership with two specialist risk management consulting firms, which, it said, would “enhance the services it offers to clients with hijack, kidnap, extortion and wrongful...
UK’s Voyager Insurance Services Acquires Fresh Start Insurance
Jan 3 2012 // UK-based specialist broker Voyager Insurance Services Ltd, a member of the Somerville Group, which is focused on providing travel insurance to insurance brokers and third party intermediaries, has acquired the Fresh Start...
JLT Subsidiary Acquires Irish Broker FBD Insurance
Dec 30 2011 // JLT Insurance Brokers (Ireland) Ltd, a wholly owned subsidiary of the Jardine Lloyd Thompson Group plc, has acquired FBD Insurance Brokers Ltd, which is based in Ireland, from FBD Holdings plc. The bulletin also noted that...
BancInsure Partners with KnightBrook for Financial Institutions
Dec 29 2011 // BancInsure has partnered with KnightBrook Insurance Co. to provide coverage for financial institutions. The BancInsure Program will issue KnightBrook policies for its core products. “KnightBrook is an ideal partner...
ACE Acquires Ecuador General Insurer Rio Guayas
Dec 29 2011 // The ACE Group announced that it has acquired Rio Guayas Compania de Seguros y Reaseguros, a general insurance company in Ecuador that is owned by Banco de Guayaquil, for approximately US$55 million in cash. The insurer was...
Fidelity National Sells 85% of Personal Lines Business
Dec 28 2011 // Title insurance, mortgage and financial services provider Fidelity National Financial Inc. said it will sell an 85 percent interest in its personal lines business to WT Holdings Inc. of Memphis for approximately $119...
Genstar Capital Acquires Innovative Aftermarket Systems of Texas
Dec 26 2011 // San Francisco-based private equity firm Genstar Capital, LLC said it has acquired Innovative Aftermarket Systems, which underwrites and markets motor vehicle protection products and related services sold through franchised...
