Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Intact Acquires Illinois-Based Tokio Marine Highlands US Construction Division
Jun 17 2022 // Tokio Marine Kiln reached an agreement with Intact Insurance Group USA LLC for the sale of Tokio Marine Highland’s (TMH) US construction division. The transaction is subject to customary regulatory approvals and is...
BMS Acquires Australian Retail Broker SRG Group
Jun 16 2022 // BMS, the London-based independent specialist insurance and reinsurance broker, announced the acquisition of SRG Group, the Australian corporate retail broker with operations in Perth and Queensland. Founded in 2005, SRG is...
Canada’s Axis Insurance Managers Acquires BMG Insurance Brokers
Jun 15 2022 // Axis Insurance Managers, a Vancouver, Canada-based insurance broker, has completed the acquisition of BMG Aviation Ltd., which does business as BMG Insurance Brokers, effective June 1, 2022. A privately owned insurance...
Franchise Model Britely Insurance to Acquire Empire State Brokerage
Jun 14 2022 // Florida-based Britely Insurance reports it has agreed to acquire the assets of Empire State Brokerage Services, a Plainview, New York based wholesale broker operating in more than 25 states. The transaction is expected to...
King Brokerage Acquires Wurzel Agency in Florida
Jun 13 2022 // King Insurance, a brokerage based in Gainesville, Florida, has continued its steady expansion with the acquistion of The Wurzel Agency in Oveido, Florida. Wurzel has specialized in property and casualty personal lines and...
UniFi Group to Acquire Controlling Stake in National Flood Services
Jun 13 2022 // PEAK6 InsurTech, an insurance-operations subsidiary of PEAK6 Investments, said UniFi Group agreed to acquire a controlling interest in National Flood Services (NFS). PEAK6 will retain a minority stake in the new joint...
Legal Technology Firm TCDI Agrees to Acquire Aon’s eDiscovery Practice
Jun 10 2022 // TCDI, theGreensboro, N.C.-based provider of legal services, software and cyber security, announced it has signed a definitive agreement to acquire insurance broker Aon’s eDiscovery practice. The acquisition will...
PCF Acquires Medical Insurance Specialist Mike Haffar in California
Jun 9 2022 // PCF Insurance Services acquired Mike Haffar Insurance Services Inc. located in West Covina, California. Mike Haffar is an insurance and risk advisor for physicians, medical clinics, medical groups, surgery centers and...
Howden Group to Acquire TigerRisk Partners to Create ‘Much-Needed’ Fourth Reinsurance Broker
Jun 9 2022 // Howden Group Holdings said it has created the “much-needed fourth global player in the reinsurance market” with an announcement it has acquired TigerRisk Partners to bolster the scale and depth of its offering...
Segal Acquires Michigan’s Union Services Agency
Jun 8 2022 // Segal, a benefits and HR consulting firm, has acquired Bayview Insurance Group d/b/a Union Services Agency (USA), a Michigan-based insurance brokerage firm. The brokerage has focused on serving the insurance needs of labor...
Keystone Agency Partners Takes Majority Stake in Large Florida Agency
Jun 8 2022 // Keystone Agency Partners, a brokerage that continues to acquire agencies around the country, said it has taken a majority stake in Keyes Coverage, an insurance agency based in Tamarac, Florida. Keyes, one of the largest...
New York Raises Age to Buy Semiautomatic Rifles to 21, Requires Gun Microstamping
Jun 8 2022 // New Yorkers under age 21 will be prohibited from buying semiautomatic rifles under a new law signed Monday by Gov. Kathy Hochul, making the state among the first to enact a major gun control initiative following a wave of...
People Moves: Hippo Names McCathron as CEO; M&A Insurance Platform io.insure Adds Staff for U.S.
Jun 7 2022 // McCathron Succeeds Founder Wand as CEO Home insurer Hippo reports it has appointed Richard McCathron as chief executive officer. McCathron has served on Hippo’s board of directors and as the company’s president...
Hub Acquires Assets of Physicians Risk Associates in California
Jun 7 2022 // Hub International Ltd. acquired the assets of Physicians Risk Associates Insurance Agency LLC in Mission Viejo, California. Physicians Risk Associates Insurance Agency team will join Hub Los Angeles/Orange...
Johnson & Johnson Acquires Oklahoma’s Midlands Management WB&B and MGU Units
Jun 7 2022 // Johnson & Johnson acquired the assets of the wholesale brokerage & binding (WB&B) and managing general underwriting (MGU) units of Oklahoma City, Oklahoma-based Midlands Management Corporation. Midlands is a...
Hub Acquires Georgia-based Alexander & Co. Benefits Firm
Jun 6 2022 // Hub International, a global insurance brokerage firm, has acquired Georgia-based Alexander & Co., an employee benefits firm for school districts and local governments. Headquartered in Woodstock, Georgia, the...
Johnson & Johnson to Acquire Midlands Management Corporation’s Wholesale Brokerage & Binding and Managing General Underwriting Divisions
Jun 6 2022 // Charleston, SC., June 06, 2022 – Johnson & Johnson will expand its footprint into Texas and Oklahoma by acquiring the assets of the Wholesale Brokerage & Binding and Managing General Underwriting units of...
Starkweather & Shepley Acquires Connecticut’s Ferman Group
Jun 3 2022 // Rhode Island-based Starkweather & Shepley Insurance Brokerage (S&S) reports it has acquired Ferman Group, an East Hartford, Connecticut employee benefits agency serving mid-sized businesses in New England. Geoff...
LexisNexis Acquires Home Inspection Tech Firm Flyreel
Jun 3 2022 // LexisNexis Risk Solutions has acquired Flyreel, a Denver-based property technology firm that uses artificial intelligence (AI) and machine learning to enable self-service property inspections. Flyreel says its technology...
Latitude Subrogation Acquires Ohio’s Inspection Connection
Jun 2 2022 // Latitude Subrogation Services, LLC (LSS), a subrogation services and solutions provider for insurers, self-insured entities, third-party administrators (TPAs), and specialty risk companies, recently acquired acquired...
