Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Goldman Sachs to Buy Asset Management Arm of Insurer NN Group for Nearly $2B
Aug 19 2021 // AMSTERDAM – Goldman Sachs said on Thursday it will buy Dutch insurer NN Group’s asset management arm for around 1.7 billion euros ($1.98 billion) in the biggest acquisition by the U.S. company since David Solomon...
J. Morey Acquires Aihara & Associates in California
Aug 18 2021 // The J. Morey Company Inc. Insurance Agents & Brokers acquired Aihara & Associates Insurance Services Inc. in Los Angeles, Calif. Terms of the deal, which is effective April 1, were not disclosed. Aihara &...
Aston Lark Ireland Acquires Dublin-Based Broker A.R. Brassington & Co.
Aug 17 2021 // Continuing its rapid pace of expansion, Aston Lark Ireland announced the acquisition of A.R. Brassington & Co. Ltd., a subsidiary of the ARB Group. Established in 1929 and based in Dublin, Brassington Insurance is one...
Insurtech Quotall Announces Strategic Partnership with Broker/Fintech Provider Acrisure
Aug 17 2021 // Insurtech ecosystem specialist Quotall announced it has entered into a strategic partnership with global insurance broker and fintech services provider, Acrisure. Under the partnership, Acrisure will provide insurance...
Hudson Structured Capital Management Buys Majority Stake in MGA Occam
Aug 17 2021 // Occam Underwriting, the London-based specialist lines managing general agency, announced that Hudson Structured Capital Management (HSCM) has recently acquired a majority stake in the company. HSCM, an asset manager...
Risk Strategies Acquires Florida Medical Malpractice Liability Firm Danna-Gracey
Aug 16 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Danna-Gracey, a specialist in medical malpractice insurance headquartered in Delray Beach, Florida. Terms of the deal were...
Hub International Acquires Assets of Kansas Agency, Dissinger Reed
Aug 16 2021 // Global insurance broker and financial services firm, Hub International Limited (Hub), acquired the assets of Dissinger Reed LLC (Dissinger Reed), located in Overland Park, Kansas. Terms of the transaction were not...
HSBC Buys AXA Singapore for $575M in Push to Fuel Expansion Across Southeast Asia
Aug 16 2021 // HSBC Holdings Plc agreed to buy AXA Singapore for $575 million in a push to build a global wealth hub in Singapore and fuel its expansion across Southeast Asia amid increasing tension in China. The acquisition will give...
Alera Group Acquires Risk Consulting Partners
Aug 13 2021 // Deerfield, Illinois-based Alera Group acquired Risk Consulting Partners (RCP), a firm that specializes in working with private equity firms and assessing risk exposures across all companies in their portfolios. With core...
European Commission Clears Vienna Insurance Acquisition of Aegon’s Businesses
Aug 13 2021 // The European Commission has granted competition law clearance for Vienna Insurance Group’s proposed acquisition of Aegon’s businesses in Central and Eastern Europe, according to the insurer. The acquisition by...
OneGroup Acquires Thomas Gregory Associates Insurance Brokers
Aug 13 2021 // Community Bank System Inc. acquired the assets of the New England-based Thomas Gregory Associates Insurance Brokers Inc. (TGA), a property/casualty broker specializing in the food and agribusiness industries. TGA’s...
Florida Professional Insurance Agents Announce Partnership with Insurance Journal’s Academy of Insurance
Aug 13 2021 // The Professional Insurance Agents (PIA) of Florida and the Insurance Journal’s Academy of Insurance are pleased to announce a new member benefit to bring the Academy of Insurance’s online courses and skills...
Liberty Insurance Brokers Partners with Budde Agency
Aug 13 2021 // The Liberty Company Insurance Brokers entered into a new partnership with The Budde Agency of Amityville, New York. Founded in 1936, The Budde Agency is led by Richard Budde and Daniel Waldeck and provides personal and...
Arthur J. Gallagher Agrees to Buy Willis Re
Aug 13 2021 // Global insurance broker Arthur J. Gallagher & Co. has agreed to acquire the treaty reinsurance brokerage operations of Willis Towers Watson, just weeks after a previous Gallagher deal to buy Willis Re fell through when...
DUAL to Acquire Align Financial Holdings
Aug 13 2021 // London-based DUAL, the underwriting arm of Howden Group Holdings, has agreed to acquire Align Financial Holdings, a specialist general agency and underwriting management group in California. San Diego-based Align...
Zurich Insurance CEO Backs Carbon Tax and Public-Private Cyber Partnership
Aug 13 2021 // Zurich Insurance Chief Executive Mario Greco wants governments to levy a carbon tax and remove the incentive for socially irresponsible companies to maximize profits by polluting the environment, he told...
OLI Acquires Walton and Associates in California
Aug 12 2021 // OLI Insurance Services Inc. acquired Walton and Associates Insurance Services. San Jose, Calif.-based Walton and Associates focuses on a variety of commercial lines and personal insurance products for clients in the Bay...
Arthur J. Gallagher & Co. Acquires Majority Stake in Turkish Specialty Broker
Aug 12 2021 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a majority stake in Turkish specialty broker Brokers’ House (BH Sigorta ve Reasürans Brokerligi A.S.). Terms of the...
Hagerty and State Farm Partnering on Classic Vehicle Insurance
Aug 12 2021 // State Farm is collaborating with Traverse City, Michigan-based Hagerty to introduce a new insurance product for classic vehicles, State Farm Classic+, beginning in 2022. Hagerty is an automotive lifestyle brand and a...
Berkley Program Specialists, Illinois’ CISA Partner on Condominium Insurance
Aug 11 2021 // Berkley Program Specialists, a Berkley Company, and Condominium Insurance Specialists of America (CISA) are partnering to provide insurance protection to condominiums and associations. Condominium Insurance Specialists of...
