Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Peak6 to Acquire Rapidly Expanding We Insure
Oct 27 2021 // Peak6 InsurTech has signed an agreement to acquire Jacksonville-based We Insure Inc., an independent insurance franchise company that has been rapidly expanding in recent years. “Upon closing, our franchise owners...
Risk Strategies Acquires New Jersey’s Corrigan Johnston Risk Advisors
Oct 27 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an all-lines brokerage focused on transportation-related industries. Terms of the deal were not...
UK-Based Broker KGJ Insurance Is Latest Acquisition for NFP
Oct 27 2021 // NFP, a New York City-based insurance broker and consultant, has acquired UK-based KGJ Insurance Services Group Ltd. KGJ is a commercial insurance broker with specialization in combined risks for complex and non-standard...
Aston Lark Acquires Birmingham Broker Bainbridge Collins
Oct 27 2021 // London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid corporate sector. Led by Cyril Gallagher, Bainbridge Collins was established more than...
Global $10.5B Insurtech Funding Train Leaving Many Startups Behind, WTW Advises
Oct 27 2021 // While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a relatively few startups. For example, in the second quarter, more than two-thirds of...
UK Financial Regulator Raises No Objection to Bain’s Acquisition of Insurer LV=
Oct 26 2021 // Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions and life insurance business to U.S. private equity company Bain Capital. LV=,...
IMA Acquires Parker, Smith & Feek in Washington
Oct 26 2021 // IMA Financial Group is acquiring Washington-based Parker, Smith & Feek to expand its brokerage services in the Pacific Northwest, Alaska and Hawaii. The deal is effective Nov. 1. Terms were not disclosed. IMA’s...
Ensurise Acquires Virginia’s Gerczak Insurance Agency
Oct 25 2021 // Effective October 15, 2021, independent insurance agency Ensurise LLC announced its acquisition of the property/casualty insurance brokerage business of Gerczak Insurance Agency Inc. Founded in 2007 by Gary R. Gerczak,...
DNA Testing Firm 23andMe to Expand Into Telehealth With Lemonaid Acquisition
Oct 25 2021 // Direct-to-consumer DNA testing firm 23andMe Holding Co. said on Friday it would buy privately held company Lemonaid Health Inc. for $400 million in a cash-and-stock deal, as it looks to expand into telemedicine. Lemonaid...
The Hilb Group Acquires Massachusetts’ Forrest Insurance Agency
Oct 22 2021 // The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout New England. The transaction became effective October 1, 2021. Agency principals...
Howden Acquires Bermuda-Based Insurance Broker Foram
Oct 21 2021 // Howden, the London-based insurance broker, announced the acquisition of Foram Brokerage Ltd., an independent re/insurance broker based in Hamilton, Bermuda. Financial terms of the transaction were not disclosed. Howden to...
UK’s BMS Acquires South Korean Broker VIB, Led by Former Aon Executive
Oct 21 2021 // BMS, the UK independent specialist insurance and reinsurance broker, announced the acquisition of Seoul-based insurance broker, Value-add Insurance Broker (VIB). Financial terms of the transaction were not disclosed. As...
Oli Insurance Services Acquires Rose City Associates in Oregon
Oct 20 2021 // Oli Insurance Services Inc. has acquired Rose City Associates in Portland, Ore. Pete Lackner and Bob Asher created Rose City Associates in 2012 through a merger of their respective agencies, and will continue to lead their...
Broker Aston Lark Announces 40th Acquisition Since 2018 Launch
Oct 20 2021 // Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in 2018 and its 24th in 2021 alone. Financial terms of the deal were not...
Investment Company JAB to Acquire Majority Stake in UK Pet Insurer, Cardif Pinnacle
Oct 20 2021 // Global investment company JAB Holding Co. is acquiring a majority stake in UK pet insurer, Cardif Pinnacle. Cardif Pinnacle’s current parent company, BNP Paribas Cardif, will retain a significant minority interest in...
Davies Acquires Insurance Risk Services, an Inspection Firm
Oct 19 2021 // Davies, a professional services and technology company serving the insurance market, announced it has agreed to purchase Insurance Risk Services, a Florida-based firm that provides inspections for underwriting. Insurance...
One80 Acquires Louisiana’s Equity Partners Insurance Services
Oct 19 2021 // Boston-based One80 Intermediaries (One80), a national wholesale broker, program manager, third-party administrator (TPA), warranty and lender-based insurance provider, and insurance aggregator, has acquired Equity Partners...
JAB to Acquire Chicago’s Figo Pet Insurance
Oct 19 2021 // Independence Pet Holdings (IHC), the U.S. pet insurance platform for JAB Holding Co., a German conglomerate based in Luxembourg, is acquiring Chicago-based pet insurance provider, Figo. As part of the acquisition...
Brown & Brown Acquires Wisconsin’s Remedy Analytics
Oct 19 2021 // Brown & Brown, Inc. has acquired all of the stock of Remedy Analytics. Founded in 2011 by current chief executive officer, Scott L. Martin, Remedy Analytics uses its proprietary PharmaLogic® data-based medication...
The Hilb Group Acquires Connecticut’s Gerardi Insurance Services
Oct 19 2021 // The Hilb Group acquired Connecticut-based Gerardi Insurance Services Inc., increasing its New England footprint. The transaction became effective October 1, 2021. Based in Putnam, Connecticut, Gerardi Insurance offers...
