Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AXA in Talks to Buy Majority Stake in Banco BPM’s Insurance Units
Apr 12 2022 // AXA SA is in early-stage talks to buy a controlling stake in Banco BPM SpA’s insurance businesses valued at about 1.5 billion euros ($1.6 billion), according to people with knowledge of the matter. AXA is considering...
Thomas H. Lee Partners to Become Majority Shareholder of Carpe Data
Apr 11 2022 // Private equity firm Thomas H. Lee Partners (THL) today said it made a strategic growth investment in Carpe Data, a provider of data products for the insurance industry. With the investment, THL will become the majority...
Relation Insurance Acquires BRK in Louisiana
Apr 8 2022 // Relation Insurance Services announced it acquired the assets of Louisiana-based BRK Insurance Group. Terms of the transaction were not disclosed. BRK provides employee benefits and commercial lines insurance solutions to...
ALKEME Acquires ERM Insurance Brokers in California
Apr 8 2022 // ALKEME acquired ERM Insurance Brokers in Santa Ana, California. ERM specializes in Hospitality, construction, cannabis, manufacturing, woodworking, cyber and retail/wholesale. Ladera Ranch, California-based ALKEME is...
Hub International Buys Maryland Broker Marketing Management Associates
Apr 8 2022 // Global insurance broker Hub International has acquired the assets of Marketing Management Associates, Inc. of Landover, Maryland. Terms of the transaction were not disclosed. Marketing Management Associates is a commercial...
Dean & Draper Acquires Texas’ Baty Worldwide
Apr 7 2022 // Dean & Draper Insurance Agency, L.P. has acquired Houston, Texas-based Baty Worldwide effective April 1, 2022. “This acquisition will increase Dean & Draper’s revenue of commercial, personal, employee...
HDFC Bank’s $40B Bid to Buy Shareholder May Face India Reg Hurdles on Insurance Ops
Apr 7 2022 // India’s largest private lender HDFC Bank’s $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts...
Business Moves: King Insurance Acquires Generic Agency in Florida
Apr 6 2022 // King Insurance, an insurance brokerage known for its rapid expansion in recent years, has acquired Generic Insurance Agencies of North Central Florida. GIA operates out of offices in Gainesville and West Palm Beach,...
Hub Acquires JAG Group in Coral Gables
Apr 6 2022 // Hub International, an insurance brokerage firm, has acquired JAG Investment Partners and its JAG Insurance Group, based in Coral Gables, Florida, the company announced. JAG Insurance specializes in insurance products and...
Gallagher Bassett International Acquires UK-Based Claims Settlement Agencies Ltd.
Apr 5 2022 // Claims services provider Gallagher Bassett (GB) International has boosted its size and offering in the United Kingdom by acquiring third-party claims administrator Claims Settlement Agencies Ltd. (CSA). Financial details...
Canada’s StoneRidge Insurance Brokers Buys Generations Insurance Inc.
Apr 5 2022 // Canada’a SIB Corp., operating as StoneRidge Insurance Brokers (SIB), an independent provider of insurance and consulting service, has acquired Generations Insurance Inc., to expand its personal and commercial...
Randall & Quilter Agrees to Acquisition by R&Q Shareholder Brickell for £482M
Apr 4 2022 // Randall & Quilter Investment Holdings Ltd. (R&Q), the Bermuda-based program management and legacy acquisition specialist, announced it has agreed to be purchased by shareholder Brickell PC Insurance Holdings LLC...
Hub Acquired Chun-Ha Insurance Services in California
Apr 4 2022 // Hub International Ltd. acquired Chun-Ha Insurance Services Inc. in Garden Grove, California, Chun-Ha Insurance is an agency serving the Korean American community, providing insurance solutions, including commercial and...
Howden Acquires 2 Italian Brokers: Nord Est Insurance Broker and ASI
Apr 4 2022 // Howden, the London-based international insurance broker, further strengthens its presence in Italy with two new acquisitions: Nord Est Insurance Broker and ASI Insurance Brokers. Financial details of the acquisitions were...
Howden’s Motor Specialist MGA KGM Underwriting Acquires UK Motor MGA Eridge
Apr 1 2022 // KGM Underwriting Services, a UK specialist motor insurer and subsidiary of Howden Group, announced the acquisition of Eridge Underwriting Agency, a managing general agent (MGA) that focuses on specialist and higher-rated...
Ohio National Acquires Constellation
Apr 1 2022 // Ohio National Mutual Holdings, Inc. and its wholly owned subsidiary Ohio National Financial Services, Inc. successfully completed its sponsored demutualization transaction with Constellation Insurance Holdings,...
ALKEME Acquires Snapp & Associates in California
Mar 31 2022 // ALKEME acquired Snapp & Associates Insurance Services in San Diego, California. Snapp & Associates serves a broad base of industries and has a specialty focus in risk management, insurance planning and employment...
Relation Acquires Wisconsin’s Woller-Anger
Mar 30 2022 // Relation Insurance Services, Inc. announced it acquired the assets of Wisconsin-based Woller-Anger & Company. Terms of the transaction were not disclosed. Woller-Anger & Company is a full-service retail insurance...
People Moves: TigerRisk Boosts Delegated Authority Offering; Mosaic Expands M&A Liability Team With 4 Hires; MGU Carbon Names Chubb’s Turner as Property U/W
Mar 30 2022 // This edition of International People Moves details appointments at broker TigerRisk Partners, Mosaic Insurance and MGU Carbon Underwriting. A summary of these new hires follows here. TigerRisk Partners LLC, a leading risk,...
Relation Acquires Arkansas-Based Dixon
Mar 30 2022 // Relation Insurance Services, Inc. announced it acquired the assets of Arkansas-based Dixon Insurance Services, LLC. Terms of the transaction were not disclosed. Dixon is a multi-line Property & Casualty agency with a...
