Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Coastal Insurance Underwriters, Inc. Acquires Assets of Tech Company Partner
Jan 15 2020 // Ponte Vedra Beach, FL, January 15, 2020 – Coastal Insurance Underwriters, Inc. (Coastal), a Ponte Vedra Beach Florida based MGU and program administrator, announced the acquisition of Cybercom International...
Alera Group Acquires AMCORP in San Antonio
Jan 14 2020 // Alera Group, a national employee benefits, property/casualty, retirement services and wealth management firm, has acquired AMCORP, a benefits consulting and financial planning firm located in San Antonio, Texas. Founded in...
Risk Strategies Acquires Academic HealthPlans in Texas
Jan 14 2020 // National insurance brokerage and risk management firm, Risk Strategies, has acquired Academic HealthPlans Inc. (AHP), a Grapevine, Texas-based provider of health insurance plans that colleges and universities make...
AssuredPartners Acquires Maryland’s The Jordan Insurance Group
Jan 14 2020 // AssuredPartners Inc. has acquired The Jordan Insurance Group LLC located in Columbia, Md. The team of five will remain under the operational leadership of Bill Jordan following the acquisition. The agency currently reports...
AXA XL Completes Merger of XL Insurance Co. with AXA Corporate Solutions, AXA ART
Jan 13 2020 // AXA XL announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Co. SE (XLICSE). The merger, which was approved by the relevant regulatory authorities including the Central Bank of...
Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd.
Jan 13 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance broker Risk Management Services Ltd. (RMS). Terms of the transaction were not...
Insurity Acquires Geospatial Analytics Firm SpatialKey
Jan 10 2020 // Acquisition further strengthens Insurity’s industry-leading data and analytics solutions, and will help insurers better select and manage risk, and respond to catastrophes Cloud services and data analytics firm...
Alera Group Acquires Massachusetts’ Sylvia Group
Jan 10 2020 // Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Sylvia Group, effective December 31, 2019. Located in Dartmouth, Mass., Sylvia Group has been...
Hub International Acquires Canada’s RHC Insurance Brokers
Jan 10 2020 // Chicago-based broker Hub International Ltd. announced it has acquired RHC Insurance Brokers Ltd. and RHC Insurance Brokers (Cranbrook) Ltd. Terms of the transaction were not disclosed. Headquartered in Nelson, British...
Coverys European Holdings Buys AEC SpA, Rome-Based Lloyd’s Coverholder, Broker
Jan 9 2020 // Coverys European Holdings Ltd. (CEH), the London-based agency platform that invests in managing general agencies (MGAs) in Europe and the U.K., announced it acquired AEC SpA, a Lloyd’s coverholder, broker, third...
Generali Completes Acquisition of Portugal Insurer Seguradoras Unidas from Apollo
Jan 8 2020 // Generali finalized the acquisition in Portugal of the insurer Seguradoras Unidas and the health services company AdvanceCare from Apollo Global Management Inc. for €600 million (US$670.1 million) Generali paid €510...
Hub International Acquires Assets of Illinois’ Briargate Insurance
Jan 8 2020 // Hub International Limited (Hub), based in Chicago, has acquired the assets of Briargate Insurance Services Inc. (Briargate Insurance). Based in Chicago Heights, Illinois, Briargate Insurance is an independent agency...
RogersGray Acquires Massachusetts’ G.H. Dunn Agency
Jan 8 2020 // RogersGray has continued its expansion with the acquisition of the G. H. Dunn Agency of Buzzards Bay and Mattapoisett, Mass. Following the acquisition, the team at G.H. Dunn will remain, including David Dunn who will be...
Saxe Doernberger & Vita Promotes Barrese to Partner in New Jersey
Jan 8 2020 // Saxe Doernberger & Vita, P.C. (SDV) has promoted Bethany L. Barrese to partner, effective January 1, 2020. Barrese’s practice focuses on complex policyholder coverage issues. She has experience handling coverage...
Tokio Marine to Pay US$374M for Insurance Joint Venture with Brazil’s Caixa Bank
Jan 7 2020 // Tokio Marine Holdings Inc. announced it will pay 1.52 billion reais (US$374 million) to form a joint venture to sell mortgage and homeowners insurance for Caixa Econômica Federal, the Brazilian state-owned...
Hub International Acquires Assets of Michigan’s Cranbrook Bloomfield Insurance Agency
Jan 7 2020 // Hub International Limited (Hub), a global insurance brokerage based in Chicago, has acquired the assets of Cranbrook Bloomfield Insurance Agency LLC (CBIA) in Bloomfield Hills, Michigan. Terms of the transaction were not...
AssuredPartners Acquires Star & Shield Insurance Services of Florida
Jan 7 2020 // AssuredPartners, Inc. has acquired Star & Shield Insurance Services located in Tallahassee, Fla. The team of 11 will remain under the operational leadership of Frank Russo and Allyson Olver. The agency currently...
Tysers (a.k.a. Integro) Completes Acquisition of Specialist Lloyd’s Broker RFIB
Jan 6 2020 // Integro Insurance Brokers Holdings Ltd., the parent of U.K.-based firm Integro Insurance Brokers Ltd., which trades under the Tysers brand, announced it has completed its acquisition of Risk Transfer Group (RTG), the...
NI Holdings Completes Acquisition of Maryland’s Westminster
Jan 6 2020 // NI Holdings Inc. has completed its previously announced acquisition of Westminster American Insurance Company from private shareholders on January 1, 2020. The acquisition of Westminster further diversifies NI...
Arthur J. Gallagher & Co. Acquires Minority Stake in Malaysia’s SP&G Insurance Brokers
Jan 6 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a minority stake in Malaysian broker SP&G Insurance Brokers Sdn Bhd. Terms of the transaction were not...
