Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mitchell | Genex | Coventry Agrees to Acquire QualCare Alliance Networks
May 13 2021 // Mitchell | Genex | Coventry, a provider of cost containment technology, provider networks, clinical services, pharmacy benefit management (PBM) and disability management, has entered into a definitive agreement to acquire...
Specialist Risk Group Buys Dublin-Based MGA, Blackrock Insurance Solutions
May 13 2021 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of specialist Irish liability and property managing general agent (MGA), Blackrock Insurance Solutions. Financial details of...
Kaplansky Insurance Acquires Massachusetts’ John P. Riley Insurance
May 12 2021 // Kaplansky Insurance has acquired its third independent agency of 2021, John P. Riley Insurance. The purchase of the Dorchester, Massachusetts-based business marks Kaplansky’s 37th acquisition overall. John P. Riley...
Amazon-Backed India Insurer Startup Eyes Funding Round that Could Create $1B Value
May 12 2021 // Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according to people familiar with matter. The Amazon.com Inc.-backed startup is looking to...
Oakbridge Insurance Agency Partners with The Greer Agency of Georgia
May 10 2021 // Oakbridge Insurance Agency LLC, an independent insurance and risk management advisor, has formed a partnership with The Greer Agency, Inc of Georgia. Oakbridge and Greer closed the transaction on May 3, 2021, and terms of...
Hub International Limited Acquires Assets of Ion Insurance Corporation
May 10 2021 // Hub International Limited, a global insurance brokerage, has acquired the assets of Ion Insurance Corporation. Terms of the transaction were not disclosed. Headquartered in Cheshire, Connecticut, Ion Insurance is a full...
Italy’s Generali Buys Stake in E-scooter Operator Ridemovi
May 10 2021 // MILAN – Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond. Ridemovi, which operates...
Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion
May 9 2021 // Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and Willis Towers Watson Plc for about $3 billion, according to people familiar with the matter. An agreement could be...
Alera Group Acquires Employee Benefits Division of Lamb Insurance Services
May 7 2021 // Alera Group, an independent, national insurance and wealth management firm, has acquired the employee benefits division of Lamb Insurance Services, an insurance broker exclusively dedicated to nonprofit and social service...
Aon Forms EMEA Advisory Board to Grow M&A Practice
May 7 2021 // Aon announced the formation of its EMEA M&A and Transaction Solutions Advisory Board to support the growth of its Mergers & Acquisition insurance practice across the United Kingdom and Europe, the Middle East and...
Arthur J. Gallagher Acquires Koff & Associates in California
May 6 2021 // Arthur J. Gallagher & Co. has acquired Berkeley, Calif.-based Kaneko & Krammer Corp. Catherine Kaneko, Georg Krammer and their team will continue to operate from their current location under the direction of Scott...
Gallagher Bassett Services Acquires Total Safety Consulting and Its Affiliates
May 6 2021 // Arthur J. Gallagher & Co.’s risk management services subsidiary, Gallagher Bassett Services Inc. (GB), has acquired Bayonne, New Jersey-based Total Safety Consulting LLC (TSC) and its affiliates, including TSC...
Trinity Underwriting Managers, Obsidian Partner on Auto Liability Offering
May 5 2021 // Trinity Underwriting Managers (TUMI), part of Amwins Underwriting, has formed a new carrier partnership with Obsidian, an A.M. Best rated “A-” hybrid fronting program carrier. The partnership will add to...
NFP Acquires Indiana Employee Benefits Firm, First Person
May 5 2021 // Insurance broker NFP has acquired Indianapolis, Indiana-based employee benefits brokerage, First Person Inc. (First Person). First Person specializes in group benefits with additional capabilities in compensation,...
AssuredPartners Acquires Massachusetts’ Lehrer & Madden Insurance Agency
May 5 2021 // AssuredPartners, Inc. has acquired Lehrer & Madden Insurance Agency Inc. of Natick, Massachusetts. Lehrer & Madden is AssuredPartners’ first acquisition in May and its 17th acquisition in 2021. The team will...
Hub Acquires Assets of Conover Insurance Services in Washington
May 5 2021 // Hub International Ltd. has acquired the assets of Bellevue, Wash.-based Conover Insurance Services LLC and certain of its affiliates. Brad Green, CEO of Conover, Connie Morrow, COO, Kerri Record, senior vice president, and...
Liberty Company Insurance Brokers Partners with Darr Schackow Insurance of Florida
May 4 2021 // The Liberty Company Insurance Brokers has partnered with Gainesville, Fla-based Darr Schackow Insurance. DSI’s 55 employees and four offices throughout the state of Florida will expand Liberty’s presence in the...
Hub Acquires Assets of Illinois’ Cooper & Allison Insurance and Russel J. Kobel
May 4 2021 // Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of Cooper & Allison Insurance Agency LLC and Russel J. Kobel LLC (Cooper & Allison). Headquartered in Burr Ridge,...
Insurvia Buys La Familia Agency in Texas
May 3 2021 // Insurvia, a Gemspring Capital portfolio company with holdings including Fiesta Insurance and Bravo General, has acquired La Familia Agency LLC, an independent insurance agency based in Dallas, Texas. La Familia Agency...
USI Insurance Services Acquires Northwest Insurance Service’s Insurance Business
May 3 2021 // USI Insurance Services (USI), a provider of risk management, employee benefit and retirement plan consulting, has completed its acquisition of the insurance business offered through Northwest Insurance Services from...
