Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Towne Insurance Expands Into South Carolina, Acquires The Angel Insurance Agency
Feb 13 2020 // North Carolina-based Towne Insurance has expanded into South Carolina with the completion of its acquisition of Nationwide Agency, The Angel Insurance Agency. Led by David E. Angel, The Angel Insurance Agency has offices...
Arthur J. Gallagher & Co. Acquires Illinois’ Affiliated Benefit Consultants
Feb 12 2020 // Arthur J. Gallagher & Co. has acquired Oakbrook, Illinois-based Affiliated Benefit Consultants Inc. Terms of the transaction were not disclosed. Founded in 1986, Affiliated Benefit Consultants offers a full suite of...
DOXA Insurance Holdings Acquires Ultra Risk Advisors in Washington
Feb 12 2020 // DOXA Insurance Holdings LLC has acquired Bellevue, Wash.-based Ultra Risk Advisors. Ultra Risk Advisors will continue operating as Ultra from its home office in Bellevue, WA, with satellite offices in Chicago, Atlanta,...
DARAG Completes 2 Legacy Acquisitions in UK
Feb 12 2020 // DARAG Group Ltd., the Malta-based legacy acquirer, announced the completion of the acquisitions of both The Underwriter Insurance Co. Ltd., a UK-based insurer in run-off, and of the previously announced sale and purchase...
The Hilb Group Acquires Regency Insurance Group of Florida
Feb 12 2020 // The Hilb Group, LLC (THG) has acquired Florida-based Regency Insurance Group, LLC (RIG). The transaction became effective Feb. 1, 2020. Based in Bonita Springs, Fla., RIG is a property & casualty agency that...
NFP Buys Canada Political Risk and Trade Credit Broker, Indemnis Trade Risk Mgmt
Feb 11 2020 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Indemnis Trade Risk Management Ltd. Financial details of the transaction, which closed on Dec. 10, 2019, were not...
Hub International Buys Quebec-Based Azur Consulting Services
Feb 11 2020 // Hub International Ltd. (Hub), the Chicago-based insurance broker, announced it has acquired the assets of Azur Consulting Services Inc. Terms of the transaction were not disclosed. Located in Longueuil, Quebec, Canada,...
USI Insurance Services Acquires Orgill Singer & Associates in Nevada
Feb 10 2020 // USI Insurance Services has acquired Las Vegas, Nev.-based Orgill Singer & Associates Inc. Terms of the deal were not disclosed. All of the agency’s team members in Las Vegas and Reno, including David Dahan, chief...
Tokio Marine Completes Acquisition of High Net Worth Insurance Specialist Pure Group
Feb 10 2020 // Tokio Marine Holdings announced that it has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as Pure Group, which specializes in the U.S. high net worth insurance market. The deal was...
20 Noteworthy Agency Merger Stories of 2019
Feb 10 2020 // 1. January Nationwide Acquires Liability Insurance Program Manager E-Risk Services: Nationwide acquired a New Jersey privately held program manager specializing in management liability lines. Nationwide said E-Risk will...
Private Equity Still Driving Agency M&As
Feb 10 2020 // Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on Digital The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory...
Italian Investor Group Exor Weighs Sale of PartnerRe to France’s Covea
Feb 9 2020 // Investment group Exor, which controls carmaker Fiat Chrysler, is in exclusive talks to sell reinsurer PartnerRe to France’s Covea in a deal one source familiar with the matter said was worth around $9 billion. Exor,...
Title Insurer Fidelity National to Acquire FGL Holdings
Feb 7 2020 // Fidelity National Financial Inc said on Friday it would acquire U.S. annuities and life insurance firm FGL Holdings Inc. in a deal valued at $2.7 billion, as it seeks to expand beyond its core title insurance...
CBIZ Acquires Alliance Insurance Services of Washington D.C.
Feb 7 2020 // CBIZ Inc., a provider of financial, insurance and advisory services, has acquired substantially all of the assets of Alliance Insurance Services Inc. (AIS) of Washington, D.C., effective February 1, 2020. With roots dating...
Hub International Limited Acquires Pennsylvania’s TRA Insurance Solutions
Feb 7 2020 // Hub International Limited (Hub), a global insurance brokerage, has acquired Triester, Rossman & Associates Inc. (TRA Insurance Solutions). Terms of the transaction were not disclosed. Located in King of Prussia, Penn.,...
Illinois’ Alera Group Names Santelli VP, Carrier Partner Management
Feb 7 2020 // Deerfield, Illinois-based Alera Group appointed Tina Santelli as vice president, Carrier Partner Management for Alera Group Employee Benefits nationally. Santelli will be responsible for leading key top-tier partnerships...
Germany’s HDI Group Acquires Cyber Specialist Perseus
Feb 6 2020 // The HDI Group has acquired Berlin-based Perseus Technologies GmbH, a start-up that has specialized in the prevention of cyber risks and emergency cyber assistance. The acquisition enables the Hannover-based HDI Group to...
Hub Acquires Assets of New York’s Kokkoris Insurance Services
Feb 6 2020 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Kokkoris Corp., d/b/a Kokkoris Insurance Services. Terms of the transaction were not disclosed. Based in Astoria, N.Y., Kokkoris...
Insurance Technologies Corp. Acquires Agency Matrix of Georgia
Feb 5 2020 // Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, has acquired Agency Matrix, an insurance technology provider headquartered in...
Insgroup Acquires Assets of Dallas Brokerage Harris F Underwood III
Feb 5 2020 // Houston, Texas-based insurance broker Insgroup Inc. (Insgroup), has acquired substantially all of the assets of the Harris F Underwood III Inc. (HFU) agency in Dallas. The deal between the two firms is effective as of Jan....
