Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub Acquires Stop Loss Brokers in Massachusetts
Jul 27 2022 // Global insurance broker HUB International Limited (Hub) reported that it has acquired the assets of Stop Loss Insurance Brokers, Inc. and Berkeley Insurance Brokers, Inc. Terms of the transaction were not...
Brown & Brown’s GRP Acquires Insurance Portfolio of WM Brokers Ltd.
Jul 27 2022 // Global Risk Partners (GRP), part of Brown & Brown, announced it has acquired the general insurance portfolio of Woodward Markwell Insurance Brokers Ltd. (WM Brokers Ltd). The deal marks GRP’s 100th acquisition...
Insurtech Funding Levels Hold Steady in Q2 vs. Q1: CB Insights
Jul 26 2022 // Funding for the insurtech sector held steady in the second-quarter of 2022, coming in at roughly $2.4 billion, the same as the overall funding figure recorded for first-quarter 2022, according to data released by CB...
People Moves: AXA XL Names Ensurance’s Burgess as U/W, Construction, UK & Lloyd’s; Aon strengthens M&A and Transaction Team With 3 Hires
Jul 25 2022 // This edition of International People Moves details appointments at AXA XL and Aon. A summary of these new hires follows here. AXA XL Names Ensurance’s Burgess as Sr. U/W, Construction, UK & Lloyd’s AXA XL...
BMS Re Acquires Mexican Surety Reinsurance Broker Calomex
Jul 25 2022 // BMS Group, the independent specialist re/insurance broker, announce the acquisition of Calomex, the Mexico City-based specialist reinsurance broker, by BMS Re. The terms of the transaction were not disclosed. Established...
Christensen Group Acquires Minnesota’s Foster White
Jul 22 2022 // Foster White of Monticello and New Ulm, Minnesota has been acquired by Christensen Group Insurance (CG) based in Eden Prairie. Foster White has been owned locally for over 50 years and joining Christensen Group to become...
Higginbotham Acquires Texas’ Brown & Company
Jul 21 2022 // Brown & Company Insurance Services, an employee benefits and individual life and health insurance agency in College Station, Texas, has combined with Higginbotham, an insurance, financial and HR services firm ranked as...
Adar Acquires Rigid Bits Cybersecurity Firm
Jul 21 2022 // Adar acquired cybersecurity firm Rigid Bits in Longmont, Colorado. The Rigid Bits team will join forces with Adar. Jeff Oden will join Adar’s leadership team as vice president of information security, taking...
Relation Insurance Acquires Maryland’s Insurance, Inc.
Jul 20 2022 // Walnut Creek, California-headquartered Relation Insurance Services said it has acquired the assets of Maryland-based Insurance, Inc. Terms of the transaction were not disclosed. Insurance, Inc. provides personal and...
Alera Group Acquires DFG 401(k) in Arizona
Jul 19 2022 // Alera Group acquired DFG 401(k) Advisors in Phoenix, Arizona. The firm joins Alera Group under the name BCG 401(k) Advisors through Benefit Commerce Group (BCG), an Alera Group company headquartered in Scottsdale, Arizona....
UK Jensten Group Acquires UK Broker Ravenhall Risk Solutions
Jul 19 2022 // The Jensten Group has acquired UK broker Ravenhall Risk Solutions for an undisclosed sum. The deal, which is subject to approval by the FCA, bolsters Jensten’s regional presence in Yorkshire and is the Group’s...
Arthur J. Gallagher & Co. Acquires Toronto’s Four Corners Group Inc.
Jul 19 2022 // Arthur J. Gallagher & Co. announced the acquisition of Toronto-based Four Corners Group Inc. Terms of the transaction were not disclosed. Founded in 2007, Four Corners Group is a leading Canadian executive search firm...
Alera Acquires Vermont’s Noyle Johnson Group
Jul 19 2022 // Independent agency Alera Group reports it has acquired Noyle Johnson Group, a Vermont agency with offices in Montpelier, Danville and Bethel. Noyle Johnson Group offers personal and commercial lines of coverage from more...
First Half Insurance Agency M&A Above 5-Year Average: OPTIS
Jul 18 2022 // Agency consultancy OPTIS Partners said the pace of insurance agency mergers and acquisitions during the first six months of 2022 was above the average of activity during the same period over the last five years – a time...
Professional Services Firm Davies Completes Acquisition of Asta at Lloyd’s
Jul 18 2022 // Davies, the London-based specialist professional services and technology business, announced it has completed the acquisition of Asta Capital, the third-party managing agent at Lloyd’s, following receipt of...
ANZ Agrees to Buy Australian Insurer Suncorp’s Bank Operations for $3.3 Billion
Jul 18 2022 // Australia & New Zealand Banking Group Ltd. agreed to buy Suncorp Group Ltd.’s banking operations for A$4.9 billion ($3.3 billion) as it seeks to gain an edge over larger rivals by expanding in the country’s...
World Insurance Acquires Walker Agency in Massachusetts
Jul 18 2022 // World Insurance Associates reports it has acquired Allan M. Walker Insurance Agency of Taunton, Massachusetts. Terms of the transaction were not disclosed. The Allan M Walker Insurance Agency has been in business...
The Path to Growth for Smaller Agencies: Hire Producers Or Acquire Agencies?
Jul 18 2022 // I know a thing or two about helping agencies grow. In fact, I’ve helped hundreds of entrepreneurs create independent insurance agencies. From this experience, I’ve learned growth is a fairly straightforward...
M&A Advisory Announces Awards, Executive Appointments, and Expansion
Jul 15 2022 // Rockledge, FL., July 15, 2022. — Agency Brokerage Consultants, a premier M&A advisory serving the insurance brokerage industry, has been recognized again this year as a “Top Firm“ by M&A Source, an...
United Property & Casualty Says It Is Exploring Potential Sale or Merger
Jul 14 2022 // United Insurance Holdings Corp., parent company of one of Florida’s largest property insurers – and one that has seen heavy losses in the last two years – announced that its board of directors is now exploring a...
