Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Trucordia Acquires Business of Virginia’s Archibald Insurance
Dec 10 2024 // Utah-basrd insurance broker Trucordia has acquired the insurance business of Archibald Insurance, an agency with offices in Richmond, Midlothian and North Chesterfield, Virginia. Archibald Insurance offers personal and...
Alliant Acquires Union First in California
Dec 10 2024 // Alliant Insurance Services acquired Union First in Irvine, California. Union First will join Alliant’s Employee Benefits Group – West Region. Union First is a benefits consulting and third-party administration firm...
Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach
Dec 9 2024 // Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee benefits...
Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line
Dec 6 2024 // Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer. London-listed Aviva sweetened its bid in...
UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion
Dec 5 2024 // Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter...
Insurance Broker Verlingue Acquires Switzerland’s ProConseils Solutions
Dec 4 2024 // Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking...
WTW to Return to Treaty Reinsurance Broking Via Bain Capital Joint Venture
Dec 3 2024 // WTW announced it will return to treaty reinsurance broking via a joint venture with the private investment firm Bain Capital. WTW will hold a minority share in the new company, said WTW in an announcement outlining its...
Arthur J. Gallagher & Co. Acquires Brokerages in Canada and Australia
Dec 3 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered insurance brokerage, risk management and consulting services firm, announced the acquisition of a Canadian and Australian insurance brokerages. In...
Arthur J. Gallagher & Co. Acquires UK-Based Caytons Law
Dec 2 2024 // Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired the UK-based operations of Caytons Law LLP. Terms of the transaction were not...
Truliant Insurance Acquires Atkins & Associates in Greenville, South Carolina
Nov 27 2024 // Truliant Federal Credit Union and its Truliant Insurance subsidiary has acquired Atkins & Associates Insurance Agency in Greenville, South Carolina, expanding the firm’s presence in the Southeast. Atkins has been...
World Insurance Acquires New England’s NorthStar Insurance
Nov 26 2024 // National insurance broker World Insurance Associates LLC reports it acquired NorthStar Insurance Services of Needham, Massachusetts on July 1, 2024. Terms of the transaction were not disclosed. NorthStar was founded in...
My Safe Florida Condo Program Runs Out of Funding in One Week
Nov 25 2024 // Just a week after a pilot program for strengthening Florida condominiums was launched it reached maximum capacity and is no longer accepting applications. The overwhelming response could underscore the need for wind...
World Insurance Acquires North Dakota’s F1 Insurance
Nov 22 2024 // World Insurance Associates LLC announced that it acquired the business of First International Insurance (“FI Insurance”) -a division of First International Bank & Trust of Watford City, North Dakota on...
NFP Acquires AnchorGroup in Upstate New York
Nov 22 2024 // Global insurance broker NFP announced it has acquired certain assets of EBA Services LLC, which does business as AnchorGroup, an employee benefits brokerage and consultancy located in Skaneateles, New...
Risk Strategies Acquires Ohio’s Cornerstone
Nov 21 2024 // Risk Strategies announced it has acquired the assets of Ohio-based employee benefits specialty organization Cornerstone Broker Insurance Services Agency, Inc., an Ohio-based national provider of employee benefits...
Arthur J. Gallagher & Co. Acquires Chilean Broker THB Chile
Nov 21 2024 // Arthur J. Gallagher & Co. announced the acquisition of Santiago, Chile-based THB Chile. Terms of the transaction were not disclosed. THB Chile is a retail insurance broker providing property/casualty, life and health...
Sica Fletcher Index: Total Agency-Broker M&A Revenue Down 38% YTD
Nov 21 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 142 agent-broker deals in the third quarter to match the amount of deal from the same quarter last year. Members completed 385 acquisitions for the...
A-G Specialty Acquires Michigan’s First Agency TPA
Nov 20 2024 // A-G Specialty announced the acquisition of First Agency TPA, A Gallagher Company. First Agency TPA specializes in student and athletic accident coverage at both the interscholastic and intercollegiate levels, as well as...
Guy Carpenter to Acquire Athens-Based Reinsurance Broker Carpenter Turner
Nov 19 2024 // Guy Carpenter, the reinsurance specialist and a business of Marsh McLennan, announced it has entered into an agreement to acquire the remaining 51.5% of shares of Carpenter Turner, an Athens-based regional leader in the...
Inszone Acquires LIA of Texas
Nov 18 2024 // Inszone Insurance Services announced the acquisition of LIA Texas, LLC, an agency based in Dallas, Texas. This strategic acquisition enhances Inszone’s footprint in Texas, enhancing the company’s ability to...
