Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Inszone Insurance Services Acquires Jones Wilson Insurance in Arizona
Nov 15 2019 // Inszone Insurance Services has acquired Jones Wilson Insurance in Benson, Ariz. Terms of the deal weren’t disclosed. Jones Wilson Insurance becomes the third acquisition for Inszone Insurance in Arizona this...
Generali Launches Art Insurance Unit, Aiming to Be ‘Partner for Life’ for Collectors
Nov 14 2019 // Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ($2.6 million) was...
Allianz Forms Partnership with Microsoft, Aiming to Transform Insurance Processes
Nov 14 2019 // Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and...
Ohio’s Zito Insurance Agency Acquired by Risk Strategies
Nov 13 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Zito Insurance Agency, a full service firm headquartered in Mentor, Ohio, northeast of Cleveland. Terms of the deal...
Alera Group Acquires Pennsylvania’s Capital Region Benefits
Nov 13 2019 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Capital Region Benefits, effective November 1, 2019. Capital Region Benefits, an independent...
The Hilb Group Acquires Massachusetts’ Gould & Naimoli Partners
Nov 13 2019 // The Hilb Group LLC (THG) has acquired Massachusetts-based Gould & Naimoli Partners LLC/G&N Insurance (G&N). The transaction became effective November 1, 2019. G&N is a property and casualty insurance agency...
Markel to Acquire Virginia’s VSC Fire & Security
Nov 12 2019 // Markel Corporation and VSC Fire & Security Inc. have entered into a definitive agreement for Markel to acquire VSC. The transaction is subject to customary closing conditions and is expected to close in the fourth...
PointeNorth Acquires Berger & O’Neal, Holmes-Shaw Agencies of Georgia
Nov 12 2019 // PointeNorth Insurance Group, LLC (PNIG), a locally owned independent insurance agency in the Southeast, has acquired two additional insurance agencies in Georgia － Berger & O’Neal Insurance Group and...
McDermott Costa Acquires A.B. Stevenson in California
Nov 8 2019 // McDermott Costa Insurance has acquired A.B. Stevenson Insurance Brokerage based in San Leandro, Calif. Terms of the deal weren’t disclosed. A.B. Stevenson offers both personal and commercial insurance, including...
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...
