Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Virginia’s Andrew Agency Acquires Richmond Insurance Agency
Jan 8 2025 // The Andrew Agency has acquired Garriques, Lloyd & McMahon in Richmond, Virginia. Founded in 1963, GLM Insurance is a third-generation family-owned agency providing personal and commercial insurance throughout Virginia...
Agency Network Renaissance Acquires Consolidated Insurance Agents in Buffalo
Jan 8 2025 // Independent insurance agency network Renaissance reports it has has acquired the agency network business of Consolidated Insurance Agents Inc. (CIA), an agency network based in Buffalo, New York. Renaissance said...
Business Moves: Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As
Jan 7 2025 // Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition of Griffiths & Armour, which was first announced in November...
Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU
Jan 7 2025 // Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year. Velocity Risk, providing...
Relation Acquires Illinois’ Forest
Jan 6 2025 // Relation Insurance Services acquired the assets of Forest Insurance Agency. The transaction went into effect on December 1, 2024; terms of the transaction were not disclosed. Specializing in personal and business...
Clyde & Co Expands Texas Presence With Tillman Batcher Merger
Jan 6 2025 // Law firm Clyde & Co announced its merger with Dallas law firm Tillman Batchelor LLP. Mark Tillman and Colin Batchelor have joined Clyde & Co’s Dallas office as partners and will be joined by their team of six...
US Steel, Nippon Sue Biden Administration Over Decision to Block Merger
Jan 6 2025 // U.S. President Joe Biden violated the Constitution by blocking Nippon Steel’s $14.9 billion bid for U.S. Steel through a sham national security review, the companies alleged in a lawsuit they said was filed on...
Arthur J. Gallagher & Co. Acquires Canadian Broker Encore Group
Jan 6 2025 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., dba Encore Group. Terms of the transaction were...
SageSure Closes Acquisition of GeoVera Advantage Insurance Services in California
Jan 3 2025 // SageSure closed the acquisition of GeoVera Advantage Insurance Services LLC in Fairfield, California. The entity will now function as a newly formed managing general agent and includes the residential earthquake risk...
Marsh McLennan Agency Acquires New York’s Acumen Solutions
Jan 2 2025 // Marsh McLennan Agency (MMA) announced the acquisition of Acumen Solutions Group LLC, a Melville, New York-based insurance agency. Founded in 2012, Acumen provides personal insurance and customized commercial insurance...
Brown & Brown’s Nexus Agrees to Acquire Reinsurance MGA Arma in Dubai
Jan 2 2025 // Nexus Underwriting, a Brown & Brown group business, announced it has entered into an agreement to acquire Arma Fusion Ltd., the parent company of Arma Underwriting Ltd. Arma is a leading specialty reinsurance MGA based...
Arthur J. Gallagher & Co. Acquires BMR Insurance in California
Dec 31 2024 // Arthur J. Gallagher & Co. acquired Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Gary Arch and his team will remain in their current location under the direction of Scott Firestone,...
Arthur J. Gallagher & Co. Acquires California’s BMR Insurance
Dec 30 2024 // Arthur J. Gallagher & Co. announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Terms of the transaction were not disclosed. BMR Insurance is a retail insurance...
Union Bay Acquires Pennsylvania’s Loyalhanna Insurance Group
Dec 30 2024 // Loyalhanna Insurance Group of Latrobe, Pennsylvania has been acquired by Union Bay Acquisition LLC, an aggregator of insurance agencies based in Lansdale, Pennsylvania. Terms were not disclosed. This acquisition is Union...
Inszone Acquires Texas-Based Roten & Company Insurance
Dec 27 2024 // Inszone Insurance Services announced the acquisition of Roten & Company Insurance, a longstanding family-owned and operated insurance agency based in San Antonio, Texas. This acquisition strengthens Inszone’s...
Crum & Forster Sells Credit Insurance Division to Amynta
Dec 27 2024 // Insurer Crum & Forster, a subsidiary of Fairfax Financial Holdings Limited, has sold its C&F Credit Division to Amynta Group. The C&F Credit Division underwrites and manages credit insurance products, including...
3rd-Party Litigation Funding, Federal Regs Among Insurance Trades’ Priorities for 2025
Dec 27 2024 // This story has been corrected to include the correct year in the headline. Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges...
Arthur J. Gallagher & Co. Acquires Illinois’ Afina Insurance
Dec 26 2024 // Arthur J. Gallagher & Co. announced the acquisition of Oakbrook Terrace, Illinois-based Afina Insurance Advisors Inc. (Afina Insurance). Terms of the transaction were not disclosed. Afina Insurance is a...
Arthur J. Gallagher & Co. Acquires Durham & Bates in Oregon
Dec 26 2024 // Arthur J. Gallagher & Co. acquired Portland, Oregon-based Durham & Bates Agencies Inc. Jeremy Andersen, Sean McCarthy, Christen Picot, Stephanie Murphy, David Hearns and their team will remain in their current...
Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion
Dec 23 2024 // Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be entitled to receive...
