Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Massachusetts’ RogersGray Promotes Deems to Partner
Jan 17 2020 // RogersGray has promoted Greg Deems to partner within the Massachusetts-headquartered, independent insurance agency. Deems joined RogersGray in 2011 and became a top performer in his sales role, devoting himself to the...
Coastal Insurance Underwriters Acquires Assets of Florida Tech Company Cybercom
Jan 17 2020 // Coastal Insurance Underwriters, Inc., a Ponte Vedra Beach Florida based MGU and program administrator, acquired the assets of Cybercom International Corp. on Jan. 2, 2020. Cybercom International Corporation, Inc. (CIC) was...
Sedgwick Acquires Restoration Industry Billing Software Firm, G&E Enterprises
Jan 16 2020 // Insurance and benefits claims firm Sedgwick reports it has acquired Chattanooga, Tennessee-based G&E Enterprises. G&E Enterprises is a tome and material billing and data management system for insurance restoration...
Saxe Doernberger & Vita Names Guertin Managing Partner of Northeast Office
Jan 16 2020 // Saxe Doernberger & Vita, P.C. (SDV) has named Theresa A. Guertin as managing partner of SDV’s Northeast office, effective January 1, 2020. Guertin has an active litigation practice, and she is co-chair of the...
Aspen Risk Management Group in California Acquired by TRISTAR
Jan 15 2020 // TRISTAR Insurance Group Inc. has agreed to acquire San Diego, Calif.-based Aspen Risk Management Group. Terms of the deal were not disclosed. All Aspen employees will continue operating out of the existing locations under...
One80 Intermediaries Acquires Pennsylvania’s Vista Underwriting Partners
Jan 15 2020 // One80 Intermediaries, a national wholesale insurance broker and program manager headquartered in Boston, Mass., has acquired Vista Underwriting Partners, a full service managing general underwriter of medical stop loss...
U.K. Broker Tysers Invests in Bermuda-Based MGA, Helix Underwriting Partners
Jan 15 2020 // Tysers, the London-based broker, announced it has taken a minority investment in Bermuda’s newly formed and first independent managing general agent Helix Underwriting Partners Ltd. “As we enter the 200th year...
HCI to Acquire Policies of Florida’s Anchor P&C; Weston to Acquire Anchor Specialty
Jan 15 2020 // Two Florida-based homeowners insurers, Anchor Property & Casualty and Anchor Specialty Insurance, have succumbed to market pressures in the state and will be acquired by other companies. Tampa, Fla.-based HCI Group has...
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...
