Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
The Hilb Group Acquires Maryland’s Parallel Risk Advisors
Apr 14 2021 // The Hilb Group LLC (THG) has acquired Maryland-based Parallel Risk Advisors LLC. (PRA). The transaction became effective on January 1, 2021. PRA is a commercial lines property/casualty consulting and advisory firm...
Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers)
Apr 14 2021 // Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit Insurance Alliance (Brokers) Ltd. (CIA). An independent trade credit insurance...
Hub Acquires Assets of Wyoming Financial Insurance
Apr 14 2021 // Hub International Ltd. has acquired the assets of Wyoming Financial Insurance. Terms of the deal were not disclosed. Art Hansen, president of Wyoming Financial, Mike Kretzer, CFO, and Bob Moberly, CEO, will not be joining...
Charles Taylor Acquires Indiana’s Syndicate Claim Services
Apr 13 2021 // London-based Charles Taylor Adjusting, a provider of insurance services, claims solutions and technology platforms to the global insurance market, has acquired Syndicate Claim Services Inc. (Syndicate), an independent...
NFP Acquires The Schuster Group, Expanding Capabilities in the Northeast
Apr 13 2021 // NFP, an insurance broker and consultant that provides property/casualty, corporate benefits, retirement and individual solutions, has acquired Schuster Driscoll LLC, d/b/a The Schuster Group, and its nonprofit membership...
Aon Collaborates with Insurer Partners to Protect Global COVID-19 Vaccine Shipments
Apr 13 2021 // Insurance broker Aon plc has introduced a new solution, through broad industry collaboration, that will provide supply chain protection for global COVID-19 vaccine shipments. The solution provides transparent cargo...
MS Amlin Acquiring International Transportation Marine Office in Arizona
Apr 13 2021 // MS Amlin is acquiring managing general agency International Transportation and Marine Office and its associated subsidiaries. Completion of the transaction is subject to customary closing conditions, including the receipt...
High Street Insurance Partners Expands in Northeast with Three Acquisitions
Apr 12 2021 // Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Hartzell Insurance...
Hub International Acquires Wessex Financial Inc. in Canada
Apr 9 2021 // Hub International Ltd., a Chicago-based insurance broker, announced that it has acquired Wessex Financial Inc. in Canada. Terms of the transaction were not disclosed. Located in Calgary, Alberta, Canada, Wessex Financial...
The Hilb Group Acquires Indiana’s STAR Insurance
Apr 9 2021 // Hilb Group LLC (THG), a property/casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia, has acquired Indiana-based Star Insurance Agency. Star Insurance Agency is a...
Towerstone Acquires Ohio Wholesale Insurance Broker Jacobs & Associates
Apr 8 2021 // Towerstone, a Dallas-based wholesale insurance division of IMA Financial Group, has acquired Jacobs & Associates, a general agent and excess and surplus lines broker based in Strongsville, Ohio. The transaction was...
People Moves: PartnerRe’s Clarke Re-Emerges at Tremor; WTW’s Monat to Mosaic; Graham Leads AIRMIC; Lancashire’s Richardson to Aeolus
Apr 8 2021 // Emmanuel Clarke This wrap-up of International People Moves details recent appointments at Tremor Technologies, Mosaic, AIRMIC and Aeolus Capital Management Ltd. A summary of these new hires follows. Tremor...
Farmers Completes Acquisition of MetLife Auto & Home Business for $3.9 Billion
Apr 8 2021 // Zurich Insurance and Farmers Exchanges have closed on buying MetLife’s U.S. property/casualty business for $3.94 billion. The business acquired includes 2.4 million MetLife Auto & Home policies, $3.6 billion of...
Smart Home Insurance Specialist, Hiro, Partners with MGA Incubator Pro MGA Solutions
Apr 8 2021 // Independent global managing general agency incubator platform Pro MGA Solutions (Pro.MS) announced it has partnered with smart home insurance specialist Hiro. London-based Hiro has developed a home insurance product that...
Correction: Brokerslink Enters into Service Partnership with B. Riley Advisory Services Group in California
Apr 7 2021 // Brokerslink has entered into a service partnership with B. Riley Advisory Services Group in Los Angeles, Calif. B. Riley’s compliance, risk and resilience practice specializes in business continuity, cybersecurity...
Security Service Insurance Acquires Louisiana’s Pace Insurance Managers
Apr 7 2021 // San Antonio-based Security Service Insurance, an independent agency currently licensed in eight states, has acquired Pace Insurance Managers LLC. (Pace) in Springhill, Louisiana. With Security Service Insurance agents...
World Insurance Acquires LB Insurance, John Roberts Agency
Apr 7 2021 // World Insurance Associates LLC (WIA) has acquired Lawrence & Brownlee Agency (LB Insurance) of and John Roberts Insurance Agency (JRIA), both of Anderson, South Carolina, on April 1, 2021. Terms of the transaction were...
Arthur J. Gallagher & Co. Acquires Norway-Based Parisco AS
Apr 7 2021 // Arthur J. Gallagher & Co. announced the acquisition of Norway-based Parisco AS. Terms of the transaction were not disclosed. Founded in 2001, Parisco is a marine and energy broker, serving contractors, offshore service...
Ardonagh Group Forms M&A Unit; Acquires Chicago’s AccuRisk Solutions
Apr 7 2021 // London-based broker the Ardonagh Group has launched Ardonagh Global Partners (AGP), a unit focused on international mergers and acquisitions. Its first acquisition in the United States, AccuRisk Solutions, follows on the...
Broker Ardonagh Group Forms Unit for International M&A; Makes 1st U.S. Acquisition
Apr 6 2021 // London-based broker the Ardonagh Group announced the launch of Ardonagh Global Partners (AGP), a unit focused on international mergers and acquisitions. The company also announced its first acquisition in the United...
