Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Relation Insurance Acquires Mobeck-Guandalini in Connecticut
Sep 15 2022 // National insurance agency Relation Insurance Services has acquired Mobeck-Guandalini Insurance, a multi-line brokerage headquartered in Branford, Connecticut. Christopher Guandalini will continue to lead Mobeck-Guandalini...
Brown & Brown Acquires New England’s Smithwick & Mariners Insurance
Sep 14 2022 // Brown & Brown of Massachusetts has acquired Maine-based Smithwick & Mariners Insurance, which includes MidCoast Insurance and Chapman & Chapman Insurance. Originally founded in 1987 to service the marine...
Alera Group Acquires Louisiana’s jweinland Group Benefits
Sep 13 2022 // Alera Group announced the acquisition of jweinland Group Benefits, a full-service employee benefits firm specializing in the highest quality group benefits and self-funded insurance plans. “Our large and mid-market...
Brown & Brown Acquires Assets of Illinois’ VistaNational
Sep 13 2022 // Brown & Brown of Illinois, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Oak Brook, Illinois-based VistaNational. VistaNational was founded in 1996 by president and...
Conner Strong & Buckelew Acquires Pennsylvania’s Armstrong, Doyle & Carroll
Sep 12 2022 // Camden, New Jersey-based insurance brokerage Conner Strong & Buckelew has acquired Wayne, Pennsylvania-based brokerage firm, Armstrong, Doyle & Carroll. In business since the 1950s, Armstrong, Doyle & Carroll...
Biz Moves: King Insurance Acquires Two More Agencies in Florida
Sep 12 2022 // King Insurance, a rapidly expanding brokerage based in Gainesville, Florida, has announced the acquisitions of two more Florida agencies. King officials said that it bought Tallahassee-based Brad Burns Insurance, which...
Hub Grows Again with Acquisition of South Carolina Agency
Sep 9 2022 // Hub International Ltd., a global insurance brokerage, has continued its steady expansion with the recent acquisition of Tilghman Insurance of Myrtle Beach, South Carolina. Tilghman has provided commercial and personal...
Rains Insurance Acquires Sunbelt Agency in Tennessee
Sep 7 2022 // Rains Insurance Inc. has acquired the operating assets of Chattanooga-based Sunbelt Group, marking the first acquisition of an independent insurance agency by Rains. Rains, also an independent agency, is a subsidiary of...
NFP Expands Its Specialty Transportation With Acquisition of Quantum Risk Solutions
Sep 7 2022 // Major insurance broker NFP has acquired Quantum Risk Solutions, a Somerville, New Jersey-based managing general underwriter and wholesaler. Quantum specializes in insurance and risk management products for auto...
Truist Acquires Premium Finance Firm From Bank Holding Company
Sep 7 2022 // Truist Insurance Holdings Inc., one of the largest U.S. brokerages and a part of Truist Financial Corp., announced that it has agreed to acquire the national premium finance company BankDirect Capital Finance from Texas...
Hub Acquires Miniter Group, a Lending Risk Insurance Specialist in Massachusetts
Sep 7 2022 // Global insurance broker HUB International Ltd. has acquired the assets of James L. Miniter Insurance Agency, Inc. Located in Rockland, Massachusetts, Miniter Group is a provider of lending risk products and services in the...
Alera Group Acquires Texas’ Greenhill
Sep 6 2022 // Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Houston, Texas-based Greenhill Insurance Services, a managing general underwriter and program manager with...
Crest Acquires Spiegler Insurance Services in California
Sep 6 2022 // Crest Insurance Group acquired Spiegler Insurance Services in La Jolla, California. Founder Steven H. Spiegler will play a role in the post-transaction process. Crest also adds the Mike, a senior broker with Spiegler...
Sompo International Sells Run-off Business at Lloyd’s to Legacy Specialist RiverStone
Sep 2 2022 // Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the sale of its Endurance at Lloyd’s (EAL) run-off business to RiverStone Holdings Ltd., the...
Marsh McLennan Acquires South Carolina Agency
Sep 2 2022 // Marsh McLennan Agency, a subsidiary of Marsh, has acquired Steinberg & Associates, an independent agency based in Spartanburg, South Carolina. Steinberg, founded in 1969, offers employee health and benefits, estate...
Despite Supreme Court Win, Most Maine Religious Schools Shun State Funding
Sep 1 2022 // Parents of children enrolled in Maine religious schools fought for years — all the way to the U.S. Supreme Court — for the state to treat tuition reimbursements the same as other private schools. But only one of the...
Hilb Group Acquires Cook & Co. in Massachusetts
Aug 31 2022 // Insurance broker The Hilb Group reports it has acquired Massachusetts-based Cook & Company Insurance Services in Hanover. Cook & Co. offers health plan consulting and brokerage services to employers in New England,...
BenefitMall Acquires Iowa-Based Mutual Med
Aug 30 2022 // BenefitMall, a provider of next-generation broker services, announced the acquisition of Mutual Med, a Davenport, Iowa-based insurance distributor providing sales counseling and support for benefits agents serving large...
World Insurance Associates Acquires Kansas’ Woody Insurance Group
Aug 30 2022 // World Insurance Associates LLC announced that it acquired The Woody Insurance Group of Prairie Village, Kansas on August 1, 2022. Terms of the transaction were not disclosed. The Woody Insurance Group has been providing...
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses
Aug 30 2022 // Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will position it as a top-tier general (or P/C) insurer in the country, in line with...
