Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Nexus Underwriting Completes Acquisition of Evolve in California
Jul 14 2023 // Nexus Underwriting completed its acquisition of Evolve Cyber Insurance Services in California. Evolve is a cyber managing general agency. The company operates out of offices in California, New York, and Texas, and has more...
Arthur J. Gallagher Acquires Benchmark Commercial Insurance Services in California
Jul 13 2023 // Arthur J. Gallagher & Co. acquired Carlsbad, California-based Benchmark Commercial Insurance Services. Robert Cohen and his team will remain in their current location under the direction of Scott Firestone, head of...
World Insurance Acquires New Jersey Transportation Agency, Shield Insurance
Jul 13 2023 // Insurance broker World Insurance Associates said it acquired the business of Shield Insurance Services of Freehold, New Jersey on June 1, 2023. Shield specializes in commercial insurance to the transportation sector, with...
Marsh McLennan Acquires Illinois-Based Trideo Systems
Jul 12 2023 // -Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Arlington Heights, Illinois-based Trideo Systems, a risk management information system (RMIS) provider for health care organizations. Terms...
Verlingue Acquires Majority Stake in Italian Broker INSER, Advancing European Strategy
Jul 12 2023 // Verlingue has acquired a majority stake in the insurance broker INSER, in line with its Verlingue 2024 strategic plan to create a major European, family-owned, independent insurance broker. Financial details of the deal...
Conrade Insurance Group Announces Kansas Acquisitions
Jul 11 2023 // Newton, Kansas-based Conrade Insurance Group (CIG) announces three business acquisitions that have taken place in the first half of 2023, moves the company said expand the firm’s capabilities and strengthen their...
NSM Acquires Shield Commercial Insurance Services in California
Jul 11 2023 // NSM Insurance Group acquired Shield Commercial Insurance Services in Palm Desert, California. Shield specializes in insurance solutions for the general contractor and construction liability space. Shield is focused on...
Hub International Acquires Golden Corner Wealth Advisors in South Carolina
Jul 10 2023 // Hub International Ltd., a major insurance brokerage and financial services firm, has expanded its retirement consulting reach with the acquistion of Golden Corner Wealth Advisors in Seneca, South Carolina. Golden Corner,...
World Insurance Buys Schlegel & Schlegel Brokers on Cape Cod
Jul 7 2023 // Insurance broker World Insurance Associates announced that it acquired the business of Schlegel & Schlegel Insurance Brokers Inc. of West Yarmouth, Massachusetts on July 1, 2023. Schlegel & Schlegel has been...
Generali Buys U.S. Asset Manager Conning Under Deal With Cathay Life
Jul 7 2023 // Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan’s Cathay Financial Holding, the Italian insurer said on Thursday. The deal,...
Higginbotham Acquires Cress Insurance Group in New Mexico
Jul 7 2023 // Higginbotham has acquired Cress Insurance Group in Albuquerque, New Mexico. Higginbotham and Cress Insurance Group will come together to enhance service to the group’s 2,500 clients and serve a broader customer base...
A.J. Gallagher Acquires The Andersen Group in Virginia
Jul 6 2023 // Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations,...
Oakbridge Insurance Acquires JHA Risk Management in North Carolina
Jul 6 2023 // Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount,...
Gallagher’s Pen Underwriting Acquires Norwegian MGA Fender Marine AS
Jul 6 2023 // Arthur J. Gallagher & Co. announced that its UK-based specialist underwriting subsidiary Pen Underwriting has acquired Norwegian managing general agent (MGA) Fender Marine AS. Terms of the transaction were not...
BMS Group Acquires Australia’s Bluebook Insurance Brokers
Jul 5 2023 // BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire Brisbane-based specialty broker Bluebook Insurance Brokers. The deal is the sixth Australian acquisition by...
Risk Strategies Acquires Ohio’s First Insurance Group
Jul 3 2023 // Risk Strategies and Premier Financial Corporation announced that Risk Strategies has acquired Ohio-based First Insurance Group from Premier Financial Corp., (Nasdaq: PFC), a community banking and financial services holding...
Guy Carpenter Completes Acquisition of Re Solutions in Israel
Jul 3 2023 // Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction...
Definity’s McDougall Insurance Brokers to Acquire Canada’s Drayden Insurance
Jun 30 2023 // McDougall Insurance Brokers Ltd., the Belleville, Ontario-based subsidiary of Definity Financial Corp., announced it has entered into a definitive agreement to acquire 100% of Drayden Insurance Ltd. for C$208 million...
The New M&A Rules That Would Delay Million-Dollar Deals
Jun 29 2023 // The US antitrust agencies are requiring firms to turn over much more information about their transactions than before in an overhaul to merger rules that could delay deals by months. The revamp of the so-called...
HK-Based Virtual Insurer OneDegree Raises $27M in Fresh Funding Round
Jun 29 2023 // OneDegree Hong Kong Ltd., a virtual insurance firm, raised $27 million in a fresh funding round to fuel an Asia expansion and investments in artificial intelligence. The company attracted fresh cash from global financial...
