Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Insurtech bolttech Extends Funding Round to $210M, Adding 2 New Investors
Sep 21 2021 // Insurtech startup bolttech announced the extension of its recently announced US$180 million Series A funding round led by Activant Capital Group, bringing the series total to US$210 million. The funding round adds two new...
Cover Whale Partners With E&S Insurer Everspan to Offer Commercial Trucking
Sep 20 2021 // Cover Whale Insurance Solutions Inc., a Rancho Santa Margarita, Calif.-based insurtech, is partnering with excess and surplus lines insurer Everspan Indemnity Insurance Co., to offer a commercial trucking insurance...
Alera Acquires The Brokerage Commercial Insurance Services in California
Sep 17 2021 // Alera Group acquired The Brokerage Commercial Insurance Services Inc. in in Newport Beach, Calif. The Brokerage Commercial Insurance Services employees will continue serving clients in their existing roles. Terms of the...
Oakbridge Partners with Georgia-Based Snider Killingsworth
Sep 16 2021 // Oakbridge Insurance Agency LLC (Oakbridge) announced a new partnership with Snider Killingsworth Insurance & Risk Management (Snider Killingsworth) based in Griffin, Georgia. The partnership adds to Oakbridge’s...
DOXA Insurance Acquires Caitlin Morgan Insurance Services in Indianapolis
Sep 16 2021 // Fort Wayne, Indiana-based DOXA Insurance Holdings LLC (DOXA) acquired Caitlin Morgan Insurance Services, a managing general underwriter (MGU) and wholesale brokerage in Indianapolis that helps independent agents place...
Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion
Sep 16 2021 // Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics firm. In the transaction, originally announced on August 5, 2021. Moody’s paid...
CoreLogic Completes Acquisition of Property Restoration Platform Next Gear
Sep 16 2021 // Property data firm CoreLogic said it has closed on its acquisition of Next Gear Solutions, a digital workflow platform for the property restoration industry. Next Gear Solutions, headquartered in Oxford, Miss., offers a...
Jensten Group Completes Acquisition of London-Based Tasker Insurance Group
Sep 16 2021 // The Jensten Group has completed its acquisition of London-based Tasker Insurance Group, after receiving regulatory approval. The deal includes Tasker Insurance Brokers, Tasker & Partners and Gresham...
Dale Partners Receives ‘In-Principle’ Approval to Launch Lloyd’s Managing Agency
Sep 16 2021 // Dale Partners Ltd., the London-based holding company of Dale Underwriting Partners (DUP), has been granted “in-principle” approval by Lloyd’s to form its own managing agency. The new entity, Dale Managing...
NSI Insurance Group Acquires Miami-Based White Cloud, Express
Sep 15 2021 // NSI Insurance Group, an independent insurance agency specializing in risk management, employee benefits, and insurance services for businesses and individuals, recently made its third and fourth acquisitions in the past 15...
Alera Group Acquires Fendley Benefits in Arizona
Sep 15 2021 // Alera Group acquired Fendley Benefits in Flagstaff, Ariz. Fendley Benefits joins Alera Group through Benefit Commerce Group, an Alera Group company based in Scottsdale. The Fendley Benefits team will continue serving...
Arthur J. Gallagher & Co. Acquires New York’s Lloyd Bedford Cox
Sep 15 2021 // Arthur J. Gallagher & Co. acquired Bedford Hills, New York-based Lloyd Bedford Cox. Inc. (LBC). Terms of the transaction were not disclosed. Founded in 1921, LBC is a fourth-generation retail insurance agency providing...
ClaimsPro Acquires Alabama-Based Adjusting Company CJ Hester
Sep 15 2021 // ClaimsPro, an independent adjusting and claims management leader in North America and an SCM Company, announced that it has acquired CJ Hester, a multi-state independent insurance adjusting company based in Mobile,...
USI Acquires Iowa’s Reynolds & Reynolds
Sep 10 2021 // Global insurance broker USI Insurance Services announced the acquisition of Des Moines, Iowa-based Reynolds & Reynolds, Inc. Founded in 1976, Reynolds & Reynolds is an independent risk management and employee...
Retail Insurance Platform Alkeme Acquires Venture Pacific Insurance
Sep 10 2021 // Retail insurance platform Alkeme said it has acquired Venture Pacific Insurance Services, a Ladera Ranch, California-based brokerage operating in 50 states. Venture Pacific specializes in construction, security guards,...
Willis Towers Watson’s New CEO Says It Has $5 Billion for Possible Acquisitions
Sep 10 2021 // LONDON— Willis Towers Watson has around $5 billion of capital which could used for acquisitions, its president and incoming chief executive said on Thursday, as the insurance broker prepares for a future as a standalone...
Hub Acquires Assets of Illinois’ McNellis Insurance
Sep 8 2021 // Chicago-based insurance brokerage and financial services firm, Hub International Limited (Hub), acquired the assets of McNellis & Company Inc. (McNellis Insurance), located in Evergreen Park, Illinois. Terms of the...
People Moves: BKS Partners Adds Pollock; Beecher Carlson Promotes Golub
Sep 8 2021 // BKS Partners Baldwin Krystyn Sherman Partners, LLC (“BKS Partners”), an indirect subsidiary of BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), an insurance brokerage and risk management firm...
No One Buys Based on Price
Sep 6 2021 // In virtually every independent insurance agent survey that I’ve ever seen, respondents overwhelmingly list “service” as one of the most important reasons clients do business with them. In fact, when you...
Merger & Acquisition State of the Industry
Sep 6 2021 // The merger and acquisition arena has never been this busy. All deals currently on the table and many more sellers now appearing or being thrown into this process want and need to close their transactions by...
