Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Massachusetts’ Morse Insurance Agency Acquires Connolly Insurance
Jan 30 2020 // Morse Insurance Agency Inc., a provider of personal and business insurance in Southeastern Massachusetts, has acquired Connolly Insurance. The transaction became effective January 1, 2020. Morse Insurance has been a...
New York’s The Stahlka Agency Names Berg as a Partner
Jan 30 2020 // The Stahlka Agency has named Shawn Berg as a partner in the insurance agency. Berg joined the agency in 2011. He previously held similar roles at Marsh and also spent time on the carrier side with Safeco. He will be...
Pro Global and VIPR Form Partnership to Deliver End-to-End Solution for MGAs
Jan 30 2020 // Pro Global Holding Ltd., global re/insurance outsourcing and consulting specialists have formed a partnership with VIPR, a software provider that focuses on delegated authorities. This move will see the two combine their...
The Hilb Group Acquires Massachusetts’ Group Brokerage Insurance Agency
Jan 29 2020 // The Hilb Group LLC (THG) has acquired Group Brokerage Insurance Agency LLC (GBIA). The transaction became effective January 1, 2020. Located in Waltham, Mass., GBIA is an employee benefits agency primarily providing group...
Risk Strategies Acquires Maryland’s Weaver Brothers Insurance
Jan 29 2020 // Risk Strategies, a Boston, Mass.-based, privately held national insurance brokerage and risk management firm, has acquired Weaver Brothers Insurance Inc., a full-service brokerage based in Bethesda, Md. Terms of the deal...
R&Q Acquires Montana Captive Insurer Vigneron
Jan 29 2020 // R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company Inc. from a wholly owned private investment holding company. Terms of the deal were not disclosed. VICI underwrote...
Arthur J. Gallagher & Co. Acquires Hanover Excess & Surplus of North Carolina
Jan 29 2020 // Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing...
Iowa Town to Buy more Homes in Flood Plain
Jan 28 2020 // The city of Bettendorf, Iowa, has been awarded a $2.2 million federal grant that, coupled with state and city contributions, will make $2.95 million available to buy out up to 22 homeowners in the flood plain along Duck...
Alera Group Acquires Muench Financial in Washington
Jan 28 2020 // Alera Group has acquired Muench Financial Inc. in Seattle, Wash. Muench Financial joins Alera Group through Wilson Albers. The Muench Financial team will operate out of Alera Group’s Seattle office. Terms of the deal...
CoreLogic Completes Acquisition of Massachusetts’ Location Inc.
Jan 27 2020 // CoreLogic, a global property information, analytics and data-enabled services provider, has completed the company’s acquisition of Location Inc., a Worcester, Mass.-based leader in geographic data sciences and...
AssuredPartners Acquires Lundstrom Insurance Agency in Illinois
Jan 27 2020 // AssuredPartners Inc. has acquired Lundstrom Insurance Agency Inc. located in Elgin, Illinois. Led by Brett Lundstrom, the agency currently reports $7.3 million in annualized revenues. Founded in 1953 by E. John Lundstrom,...
Why Traditional Independent Agents, Carriers Need to Partner and Align Now More Than Ever
Jan 27 2020 // Agencies and carriers need to align now more than ever. I will add a condition to this statement: Quality independent agencies and quality carriers need to align now more than ever if they are to thrive. Unfortunately, I...
The Hilb Group Acquires Maryland’s Martens Johnson Insurance Agency
Jan 24 2020 // The Hilb Group LLC (THG) has acquired Maryland-based Martens Johnson Insurance Agency Inc. (MJIA). The transaction became effective January 1, 2020. MJIA is a full-service insurance agency focused on the unique needs of...
Specialist MGA CFC Acquires London Insurtech Firm, ThreatInformer
Jan 23 2020 // CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer. Leveraging a combination of artificial intelligence and machine learning, ThreatInformer’s data...
The Hilb Group Acquires New York’s BR Vital Brokerage
Jan 23 2020 // The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020. Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property...
AssuredPartners Acquires Illinois’ Corkill Insurance Agency
Jan 23 2020 // AssuredPartners Inc. has acquired Corkill Insurance Agency Inc. of Elk Grove Village, Illinois. AssuredPartners said the Corkill acquisition is its first in 2020. The Corkill staff of 104 will remain under the operational...
NFP Acquires Koty-Leavitt Insurance Agency in Arizona
Jan 22 2020 // NFP has acquired Koty-Leavitt Insurance Agency Inc. in Tucson, Ariz. Lloyd Koty, a former co-owner of the firm, will join NFP as senior vice president, reporting to Ed Kurowski, NFP West region managing...
Marsh & McLennan Agency Acquires Ironwood Insurance Services of Georgia
Jan 21 2020 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Ironwood Insurance Services, LLC, an independent broker in the Southeast. Terms of the transaction were not...
Xceedance Acquires Massachusetts’ Activer Solutions
Jan 21 2020 // Xceedance, a global provider of insurance consulting, managed services, technology, data sciences and blockchain solutions, has acquired Activer Solutions. Located in Marlborough, Mass., Activer Solutions specializes in...
Brown & Brown Acquires Assets of Texas All Risk
Jan 17 2020 // Brown & Brown Inc. through its subsidiary, Hull & Company LLC, has acquired substantially all of the assets of Dallas-based Texas All Risk, a managing general agent (MGA) placing a wide range of property/ casualty...
