Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub International Buys Canada Employee Benefit Consultant, W.R. Carey Corp.
Nov 8 2019 // Hub International Ltd., a Chicago-based insurance broker, announced it has acquired the assets of W.R. Carey Corp. Terms of the transaction were not disclosed. Located in Winnipeg, Manitoba, Canada, Carey Corp. is an...
Element Risk Management Acquires Three Insurance Agencies in Virginia, Pennsylvania
Nov 8 2019 // Element Risk Management has acquired three new insurance agencies in Virginia and Pennsylvania. Barnes & Phillips Insurance & Financial Services of Woodstock, Va., Crawford Insurance Company of Strasburg, Va., and...
Virginia’s Allianz Partners Hires Wright as CFO, O’Connor as Head of Operations
Nov 8 2019 // Allianz Partners, a Henrico, Va.-based insurance company, has hired Jeff Wright as chief financial officer and Jim O’Connor as head of Operations. Wright succeeds Diane Babson, who took an assignment with another...
Hub International Acquires Assets of Arkansas’ Stevens-Dell Insurance
Nov 7 2019 // Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of Stevens-Dell & Associates Insurance Inc. (Stevens-Dell Insurance) in Little Rock, Arkansas. Terms of the transaction...
Alera Group Acquires Business Assets of Pennsylvania’s HR inTune
Nov 7 2019 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired the business assets of HR inTune, effective October 1, 2019. HR inTune, located in Berwyn, Penn.,...
Legacy Specialist Compre Buys 2nd Portfolio from Belgium’s AG Insurance
Nov 7 2019 // Compre, the London-based independent re/insurance legacy specialist, announced it has signed agreements to transfer an inwards reinsurance portfolio from AG Insurance SA for an undisclosed sum. The Belgian insurer’s...
BonusDrive Acquired by Arthur J. Gallagher & Co.
Nov 6 2019 // Arthur J. Gallagher & Co. has acquired The EHE Group LLC, dba BonusDrive, which has offices in Austin, Texas, and Auburn Hills, Michigan. Terms of the transaction were not disclosed. BonusDrive offers a national...
Relation Insurance Services Acquires Delaware’s S.T. Good Insurance
Nov 6 2019 // Relation Insurance Services, a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits and TPA-consulting services through its family of brands across the U.S., has...
San Antonio’s Spire Risk Management Acquires Employee Benefit Services
Nov 5 2019 // LP Buddy Morris has launched Spire Risk Management (SRM), a full-service insurance consulting firm specializing in employee benefits, property/casualty and retirement planning, in San Antonio, Texas. Morris said the plan...
HUB International Acquires Canada’s RBI Advisory Group
Nov 5 2019 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired R Bruce Inc., which does business as RBI Advisory Group. Terms of the transaction were not disclosed. Located in Okotoks, Alberta,...
AccuRisk Solutions Completes Acquisition of M-D Underwriting of Tennessee
Nov 5 2019 // AccuRisk Solutions LLC has completed its acquisition of M-D Underwriting Services, Inc. (MDU), a Franklin, Tenn.-based medical stop loss MGU. AccuRisk CEO Dan Boisvert said the company will add MDU President and Cathy...
RLI, Gridiron Form Excess Liability Binding Authority Partnership
Nov 4 2019 // RLI has formed a partnership with Gridiron Insurance Underwriters to offer RLI’s excess liability binding authority insurance through Easy Excess, Gridiron’s dedicated online wholesale excess liability...
The Hilb Group Acquires New York’s Avanti Associates
Oct 31 2019 // The Hilb Group LLC (THG) has acquired New York-based Avanti Associates Ltd., comprised of Associated Insurance Agency of Westchester Inc., Comprehensive Insurance Brokerage Inc. and Bruce Farnham Associates Ltd. The...
London Run-off Specialist RiverStone Acquires 2 Cayman-Based Captives
Oct 30 2019 // Run-off specialist RiverStone Group, the London-based subsidiary of Fairfax Financial Holdings, announced the acquisition of two Cayman-based captives: GMPCI Insurance Co. Ltd. (GMPCI) and Seaside Indemnity Alliance...
Seeman Holtz Acquires New Jersey’s Geisenheimer Agency
Oct 30 2019 // Seeman Holtz Property & Casualty has announced the acquisition of GIA Insurance Agency (Geisenheimer Insurance Agency), headquartered in Saddle Brook, N.J. Geisenheimer Insurance Agency is a provider of personal and...
Risk Strategies Acquires Pennsylvania’s Dash & Love
Oct 30 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Dash & Love Inc., a full-service specialty brokerage based just outside of Philadelphia. Terms of the deal were not...
XPT Group Acquires Sierra Specialty in California
Oct 29 2019 // XPT Group LLC has acquired Sierra Specialty in Fresno, Calif. Sierra Specialty will continue to operate under its brand name. Terms of the deal were not disclosed. Sierra Specialty was founded in 2005 by Kathy Schroeder...
Louisiana Homeowners Insurer, Gulf States, Acquires Coastal American Holdings
Oct 29 2019 // Lafayette, Louisiana-based Gulf States Holdings Inc. has acquired Coastal American Holdings Inc. and its subsidiary Coastal American Insurance Co. Coastal American’s home office is located in Gulfport, Miss. Terms of...
Accredited Surety Unveils Program Underwriting Partnership for Western States
Oct 29 2019 // Accredited Surety and Casualty Co. Inc., a Florida-domiciled insurance company licensed to write admitted business in all 50 states, has entered into a new program partnership with M.G. Skinner & Associates Insurance...
Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018
Oct 25 2019 // Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced...
