Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Howden to Acquire UK-Based SPF Private Clients
Apr 13 2022 // Howden, the London-based international insurance broker, announced the signing of the acquisition of SPF Private Clients (SPF), subject to regulatory approval. Financial details of the deal were not disclosed. SPF was...
Xenia Buys Majority Stake in Hong Kong’s Capstone Insurance Brokers
Apr 13 2022 // Xenia Broking Group Ltd., the credit insurance and surety specialist broker, announced it has acquired a majority stake in Capstone Insurance Brokers Ltd., a Hong Kong-based insurance broker with specialist expertise in...
Global MGU Victor Enters Reinsurance, Acquiring Rhode Island Firm RTSC
Apr 13 2022 // Victor, a global managing general underwriter (MGU), is expanding its underwriting capabilities into the reinsurance market. The firm announced it has acquired the business of Regional Treaty Services Corp. (RTSC), a...
World Insurance Expands in New Jersey with Acquisition of J. Stine Agency
Apr 13 2022 // World Insurance Associates has acquired J. Stine Agency, Inc. of Little Silver, New Jersey. Terms of the transaction were not disclosed. Stine Agency is a family owned agency offering flood, home, life, auto, boat,...
Hub Acquires Evo Insurance Services in California
Apr 12 2022 // Hub International Ltd. acquired the assets of EVO Insurance Services Inc. in Chico, California. Shawn Blofsky, president & founder of EVO Insurance Services, and the EVO Insurance Services team will join Hub Central...
Arthur J. Gallagher & Co. Acquires UK’s Churchills International Consulting
Apr 12 2022 // Arthur J. Gallagher & Co. announced the acquisition of Nottingham, England-based Churchills International Consulting. Terms of the transaction were not disclosed. Founded in 1974, Churchills International Consulting...
NFP Acquires Dublin-Based ReSure Corporate Brokers
Apr 12 2022 // NFP, the New York City-based property/casualty insurance broker and consultant, has acquired Irish-owned ReSure Corporate Brokers, a specialist commercial insurance broker. Financial details of the transaction were not...
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...
