Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Acrisure Acquires Wholesaler Appalachian Underwriters
Jan 5 2022 // Financial services distribution firm Acrisure has acquired Appalachian Underwriters, a national managing general agency and third-party administrator, along with its affiliated entities. Oak Ridge, Tennessee-headquartered...
Canada’s Western Financial Group Buys Ontario Insurance Brokerage Wiesner Insurance
Jan 5 2022 // Canadian insurance broker Western Financial Group has acquired Wiesner Insurance Inc., a high-end full-service insurance brokerage located in southern Ontario. Originally founded in 1991 by Jason Wiesner, Wiesner Insurance...
MountainOne Acquires Cross Insurance Branch in Pittsfield, Massachusetts
Jan 5 2022 // MountainOne Insurance Agency, based in northwestern Massachusetts, has acquired the Cross Insurance agency branch in nearby Pittsfield. The company said in a news release that it plans to keep all of the Cross Insurance...
Zurich Acquires Texas-Based Special Insurance Services
Jan 4 2022 // Zurich American Insurance Company, a subsidiary of Zurich Insurance Group, has completed the acquisition of Special Insurance Services, Inc., a Texas-based program manager that develops, underwrites, distributes and...
Business Moves: Gallagher, Acrisure, Liberty Acquire New Firms
Jan 4 2022 // Gallagher Buys PEO Insurer in Florida Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, announced that it has acquired Florida-based Risk Transfer Agency. The 22-year-old agency, with...
UK Broker Aston Lark Acquires Mainstay Insurance
Jan 4 2022 // Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced the acquisition of UK broker Mainstay Insurance. Financial details of the transaction were not disclosed. Founded in 2013 by...
World Insurance Associates Acquires Pennsylvania’s PLA Insurance Services
Jan 4 2022 // World Insurance Associates LLC (WIA) acquired PLA Insurance Services (PLA) of Harrisburg, Pennsylvania, on December 1, 2021. Terms of the transaction were not disclosed. PLA is a full-service, multi-solution insurance...
Cyber Insurtech Corvus Buys Lloyd’s Coverholder Tarian Underwriting Ltd.
Jan 4 2022 // Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd. Tarian operates a cyber underwriting platform that provides cyber...
Brown & Brown Acquires Texas’ Harco Insurance Services
Jan 3 2022 // Brown & Brown Lone Star Insurance Services, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Texas-based Harco Insurance Services. With roots dating back to 1969, Harco is...
China Approves HSBC Acquisition of 100% of Insurer Joint Venture
Dec 30 2021 // HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint venture in the country, as it continues to expand its non-core banking services. HSBC has got clearance...
Wright National to Acquire Federal Flood Policies of Westfield Insurance
Dec 30 2021 // Wright National Flood Insurance Co. said it will acquire the current flood insurance book of business from Westfield Insurance Co. and will service, administer and issue flood coverage under the National Flood Insurance...
Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford
Dec 29 2021 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include...
Choice Financial Group Acquires New Hampshire’s Bernier Insurance Agency
Dec 29 2021 // Choice Financial Group announced acquired New Hampshire-based Bernier Insurance Agency, adding a presence in New England. Based in Rochester, New Hampshire, and led by President Troy Dillow, Bernier is a full-service...
Gallagher Acquires Five Points in Tennessee
Dec 28 2021 // Arthur J. Gallagher & Co. has acquired Franklin, Tennessee-based Five Points Benefits Solutions, an employee benefits provider, the company announced this month. Five Points, founded in 2011, serves clients in...
Federal Relief Funding Available in Five Arkansas Counties Following Tornadoes
Dec 27 2021 // President Joe Biden has declared a major disaster in Arkansas, making federal relief funding available in five north eastern counties hit by tornadoes that ripped through the Midwest and South this month. The declaration...
Canopius Completes Loss Portfolio Transfer Agreement With Legacy Acquirer Riverstone
Dec 27 2021 // Canopius Group, the London-based global specialty re/insurer, announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International. The agreement covers discontinued classes of business...
UK Broker Ardonagh to Acquire Portugal’s MDS Group
Dec 27 2021 // UK broker Ardonagh Group announced it has agreed to acquire Portuguese broker MDS Group. Headquartered in Porto, MDS has offices in Brazil, where it is the country’s largest independent broker, as well as Angola,...
Italian Judge Drops Case Against Unipol CEO Over Merger With Insurer Fondiaria
Dec 27 2021 // An Italian judge on Thursday dropped a case against the CEO of Unipol and six other people related to the 2013 merger between Italy’s second-largest insurer and smaller rival Fondiaria-SAI, a judicial document seen...
King Insurance Acquires Three More Agencies
Dec 27 2021 // King Insurance, a Florida-based insurance broker and employee benefits firm, has acquired three agencies in Florida and Georgia, bringing to 11 the number of acquisitions for the company this year. King, headquartered in...
World Insurance Associates Acquires Total Coverage Insurance in Texas
Dec 22 2021 // World Insurance Associates LLC has acquired Total Coverage Insurance of Irving, Texas. Terms of the transaction were not disclosed. TCI offers all-encompassing services to their customers. They provide commercial and...
