Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Arthur J. Gallagher & Co. Buys Bermuda-Based Frontier Financial Services Ltd.
Sep 13 2023 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based brokerage, risk management and consulting services firm, announced that its captive and alternative risk transfer solutions subsidiary, Artex, has acquired...
UK Insurer Aviva to Sell Singlife Joint Venture Stake for $1 Billion
Sep 13 2023 // Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instruments to Sumitomo Life for a combined 800 million pounds ($997 million), the British insurer said on...
Burns & Wilcox Acquires Alabama-based Environmental Underwriting Solutions
Sep 13 2023 // Burns & Wilcox, the wholesale insurance brokerage, has agreed to acquire Alabama-based Environmental Underwriting Solutions, a wholesale broker specializing in complex environmental exposures, from Insurance Office of...
Judge in $6 Billion 3M Settlement Issues Order to Stop Litigation Funding
Sep 12 2023 // A federal judge has barred attorneys and claimants involved in 3M’s $6 billion settlement with U.S. military servicemembers from any third-party litigation funding agreements. District Judge M. Casey Rodgers in the...
Legacy Acquisition Specialist RiverStone Int’l Acquires Catalina Insurance Ireland
Sep 11 2023 // RiverStone International, the London-based provider of legacy solutions in the Lloyd’s market, has signed an agreement with members of the Catalina Group to acquire Catalina Insurance Ireland, an Irish insurance...
Litigation Funding Firms Seek to Intervene in Disciplinary Proceedings Against McClenny Moseley & Associates
Sep 8 2023 // Two litigation funding firms are seeking to intervene in disciplinary proceedings against McClenny Moseley & Associates after a federal judge in Louisiana ruled that the law firm has no right to any attorney fees for...
Higginbotham Acquires Ohio’s Community Insurance Group
Sep 7 2023 // Higginbotham has acquired Community Insurance Group, its first acquisition in Ohio. With this transaction, Higginbotham now has a presence in 16 states across the country. For over a quarter century, Community Insurance...
CelsiusPro Buys UK’s Global Parametrics to Strengthen Climate, Nat Cat Risk Solutions
Sep 7 2023 // CelsiusPro AG, the Zurich-based parametric insurance managing general agent, announced the acquisition of Global Parametrics Holding Co. Ltd. CelsiusPro said the deal will strengthen its global capabilities to offer...
Novatae Acquires Arkansas’ American Management Corporation
Sep 6 2023 // Novatae Risk Group announced that it acquired the assets of American Management Corporation, (“AMC”) of Conway, Arkansas on September 1, 2023. Terms of the transaction were not disclosed. AMC was founded over...
Howden New Zealand Acquires Apex Insurance
Sep 6 2023 // Howden, the London-based insurance group, announced it has completed the acquisition of Apex Insurance New Zealand and its associated subsidiaries (Apex), effective Thursday, Aug. 31, 2023. Financial details of the deal...
McGriff Acquires Wisconsin’s Alternate Risk Resources
Sep 5 2023 // McGriff announced that it has acquired Alternative Risk Resources (ARR), a Wisconsin-based commercial brokerage firm that specializes in captive insurance. The transaction expands McGriff’s presence in the captive...
Pennsylvania’s McConkey Insurance Acquires Gallen Agency of Berks County
Sep 5 2023 // McConkey Insurance & Benefits, a locally owned independent insurance agency based in York, Pennsylvania, announced its recent acquisition of Gallen Insurance Agency, located in Berks County. According to Michael...
Arthur J. Gallagher & Co. Buys UK-Based Lifesure Group Ltd.
Sep 5 2023 // Arthur J. Gallagher & Co. announced the acquisition of UK-based Lifesure Group Ltd. Terms of the transaction were not disclosed. Lifesure provides personal lines insurance broking services in the vacation/holiday and...
Risk Strategies Acquires Benefit Design Group in Oregon
Aug 31 2023 // Risk Strategies acquired Benefit Design Group LLC in Oregon. The purchase of BDG adds to Risk Strategies’ presence in the Pacific Northwest. It builds upon the firm’s previous acquisition of the Fournier Group,...
One80 Intermediaries Acquires Transportation Agency GMI Insurance
Aug 31 2023 // One80 Intermediaries, a specialty insurance broker headquartered in Boston, has acquired GMI Insurance, a Pennsylvania-based managing general agent specializing in commercial transportation and related insurance. Terms of...
LP Insurance Services Acquires Wasserman & Associates in California
Aug 30 2023 // LP Insurance Services LLC acquired Wasserman & Associates in Northern California. Wasserman & Associates joins the LP Insurance Services Gold River/Sacramento office. Wasserman & Associates has been serving the...
Howden’s Aston Lark Acquires UK Broker Curtis Marine
Aug 29 2023 // Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine...
Signers National Acquires Eclipse Risk Insurance Services in California
Aug 24 2023 // Signers National acquired nonprofit insurance company Eclipse Risk Insurance Services in California. Signers National also acquired the nonprofit insurance firm Whittaker Agency in Illinois. The two new businesses will be...
Lamb Insurance Services Acquires Illinois-Based Whittaker
Aug 24 2023 // Signers National announced the acquisition of nonprofit insurance company Eclipse Risk Insurance Services and Whittaker Agency, which will be be run under Lamb Insurance Services, a member company and retail agency in the...
IBM Sells Weather Business to Private Equity Firm Francisco Partners
Aug 23 2023 // International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday. The sale includes The Weather...
