Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Willis Partners With University of Bologna to Study Floods
Jun 13 2008 // The Willis Research Network (WRN), part of Willis Group, has announced the formation of a partnership with the University of Bologna “to include the renowned Italian institution’s flood research as part of more...
AMS Parent Vertafore to Acquire Licensing, Compliance Vendor Sircon
Jun 13 2008 // Vertafore, Inc., a provider of software and services to the insurance industry including AMS Services, has agreed to acquire licensing and compliance software maker Sircon Corp. Michigan-based Sircon serves carriers,...
Marsh Acquires Construction Specialist Nielsen-Wurster Group
Jun 11 2008 // Marsh’s London office announced that it has acquired the assets of The Nielsen-Wurster Group’s Construction Claims & Dispute Resolution business. “As part of the transaction, more than 30...
HUB International Acquires Assets of BC’s Falkenberg Agencies
Jun 10 2008 // Chicago-based Hub International Limited has acquired the Managing General Agency assets of Falkenberg Agencies Ltd., a British Columbia-based agency specializing in life and investment products. Terms of the transaction...
Hudson Insurance Acquires D&O Agency Hooghuis
Jun 10 2008 // Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., reports it has acquired Hooghuis Group LLC, an underwriting agency specializing in U.S. directors and officers liability (D&O)...
Willis Sees Deal to Buy HRH Raising U.S. Revenue
Jun 9 2008 // Willis Group Holdings, the third largest global insurance broker, said Monday it sees its $2.1 billion deal for a rival broker boosting growth, especially in the United States. Willis said late Sunday it would buy...
Van Gilder Sells Colorado Springs Office To CB Insurance
Jun 9 2008 // Michael Van Gilder, CEO of Van Gilder Insurance Corp., and Steve Schneider, president of CB Insurance LLC, an affiliate of Central Bancorp, announced their firms have signed a letter of intent for the sale and purchase of...
Spain’s MAPFRE Completes Acquisition of U.S. Insurer Commerce
Jun 5 2008 // In a joint announcement Spain’s largest insurer, MAPFRE S.A. and The Massachusetts-based Commerce Group, Inc. announced that MAPFRE has completed its acquisition of Commerce. The parties reached agreement on a deal...
Arbella Insurance Partners with Mass. in Designated Driver Program
Jun 5 2008 // Massachusetts businesses, pubs and state officials, including Lt. Governor Timothy Murray, are launching a new campaign to discourage drink driving and encourage the use of designated drivers. The Arbella Insurance Group...
Insurance Agency Joins Mo. Auto Dealer in 1st Time Partnership
Jun 5 2008 // When buying a new or used car, cost is always an issue and car insurance shopping is always a stressful task. Just as banks now have agencies connected to mortgage lending, a new day has dawned when shoppers for...
Max Specialty Acquires Guaranty Casualty to Write Admitted Business
Jun 5 2008 // Max Specialty Insurance Co., of Richmond, Virginia, the U.S. excess and surplus lines unit of Max Capital Group Ltd., reports it has acquired Commercial Guaranty Casualty Insurance Co., an insurance entity licensed to...
Hub International Acquires Nett & Champion Insurance
Jun 4 2008 // Hub International Ltd. announced that Hub International of California Insurance Services Inc. (HUB California) acquired the assets of Nett & Champion Insurance Services, a Santa Barbara, Calif.-based agency...
Zurich Closes DWS Vita Acquisition
Jun 4 2008 // Zurich Financial Services Group announced the completion of the acquisition of 100 percent of Life insurer DWS Vita SpA from an Italian subsidiary of Deutsche Bank. The transaction was first announced on December 17,...
Spain’s Mapfre Completes Acquisition of Commerce Group
Jun 4 2008 // Spain’s largest insurer, Mapfre S.A., said it has completed its acquisition of The Commerce Group Inc., the 20th largest auto insurer in the country. Mapfre paid $36.70 in cash per share of Commerce’s publicly...
Liberty Mutual to Partner with Dabur to Form Indian Insurance Company
Jun 3 2008 // The Liberty Mutual Group announced that it and its partner Dabur GI Invest Corp plan to form a non-life insurance company in India to provide personal and commercial insurance products through a range of distribution...
Brown & Brown Acquires Debock & Muth Insurance Agency
Jun 3 2008 // Brown & Brown Inc. acquired the assets of Debock & Muth Insurance Agency Inc., of Stockton, Calif. Debock & Muth Insurance Agency Inc., with annualized revenues of approximately $1.7 million, focuses on...
Asian Insurers Expected to Seize on Credit Crunch as Opening to Buy in U.S. and Europe
Jun 3 2008 // Asian insurers, particularly China’s major players, are likely seize the credit crunch as an opportunity to snap up assets in Europe and the United States, senior insurance figures said on Tuesday. “Asian...
New Executives Named at Bridge Insurance Partners
Jun 2 2008 // Dallas-based Bridge Insurance Partners, a national commercial property and casualty agency, announced three executive leadership positions. Jeff Turner was named managing principal, and Tommy Saxon and Ryan Perry have been...
PartnerRe Makes Executive Changes in Global (Non-U.S.) Operations
Jun 2 2008 // Bermuda-based PartnerRe has announced the following executive changes in its Global (Non-U.S.) Operations: — Emmanuel Clarke has been named as Head of Specialty Lines, Global, effective Sept. 1, 2008. — He...
Europe’s Insurers Lead M&A Activity Says Conning Report
May 29 2008 // “Global insurance industry acquisitions in 2007 were driven by non-U.S. insurers, primarily Western European firms-who clearly see value in this market,” stated Sherry Manetta, director at Conning Research...
