Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AmWINS Group to Acquire Stealth Partner Group in Arizona
Oct 2 2019 // AmWINS Group Inc. has signed a definitive agreement to acquire Scottsdale, Ariz.-based Stealth Partner Group. The deal is expected to close in the fourth quarter of 2019, pending regulatory approval and customary closing...
Arthur J. Gallagher & Co. Acquires U.K.’s Anthony Hodges Consulting Ltd.
Oct 2 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Anthony Hodges Consulting Ltd. (AHC) in the United Kingdom. Terms of the transaction were not disclosed. Founded in 1996,...
Canada Insurer Intact Financial Corp. Completes Acquisition of On Side Restoration
Oct 2 2019 // Intact Financial Corp., the Toronto-based property and casualty insurer, announced it has completed the acquisition of On Side Developments Ltd., the parent company of On Side Restoration. With more than 1,200 employees...
American Family Insurance Closes Acquisition of Wisconsin’s Ameriprise Auto & Home
Oct 1 2019 // American Family Insurance Mutual Holding Co. (American Family Insurance) has completed its purchase of Wisconsin-based property/casualty insurer, Ameriprise Auto & Home (AAH). American Family Insurance is based in...
Texas Insurer Trade Group, Industry Partners Donating Alarms to Local Fire Departments
Oct 1 2019 // The Insurance Council of Texas (ICT), along with insurance industry partners First Alert, Travelers Insurance, State Farm Insurance, Hochheim Prairie and the Association of Fire & Casualty Companies in Texas, will...
World Insurance Associates Acquires Pennsylvania’s KPB Insurance Services
Oct 1 2019 // World Insurance Associates LLC (WIA) has acquired KPB Insurance Services Inc. of Warminster, Penn., on September 1, 2019. Terms of the transaction were not disclosed. Founded in 1982, KPB Insurance Services provides...
Arthur J. Gallagher to Acquire Michigan’s LSG Insurance Partners
Sep 30 2019 // Arthur J. Gallagher & Co. has signed a definitive agreement to acquire Bloomfield Hills, Michigan-based LSG Insurance Partners. Founded in 1968, LSG Insurance is an independent insurance, risk management and consulting...
Risk Strategies Acquires New York’s Bedrick-Kaitz Agency
Sep 30 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Bedrick-Kaitz Agency Inc. (BKA), a New York City-based firm focused on helping high-net-worth individuals and...
Wholesale Broker H.W. Kaufman Buys U.K. MGA and Cyber Specialist Node International
Sep 30 2019 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Node International, a U.K. managing general agent that specializes in cyber risk and...
Trump Signs Stopgap Funding for Government That Includes Flood Program
Sep 29 2019 // President Donald Trump has signed a continuing resolution that will avoid a federal government shutdown by funding the government at current levels until Nov. 21. The Republican-led Senate voted 82-15 in favor the...
AXA XL, Accenture Partner to Provide Cyber-Security Services to AXA XL Clients
Sep 26 2019 // AXA XL and Accenture are partnering to offer global cyber-security expertise to AXA XL’s underwriters, brokers and clients to strengthen their cyber capabilities and recover from cyber attacks. AXA XL — AXA’s...
Everest Insurance Buys Remaining Shares of Canadian IT Consulting Firm Salus Systems
Sep 26 2019 // Everest Insurance announced it has purchased all outstanding remaining shares of its joint venture partner, Victoria, Canada-based Salus Systems LLC. Financial details of the transaction were not disclosed. An IT...
World Insurance Associates Acquires Maryland’s American Insurance Marketing
Sep 25 2019 // World Insurance Associates LLC (WIA) acquired American Insurance Marketing Corp. (AIMC) of Prince Frederick, Md., on September 1, 2019. Terms of the transaction were not disclosed. Founded in 1976, AIMC provides quality...
Risk Strategies Acquires New York’s Pro Safety Services
Sep 25 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Pro Safety Services LLC, a provider of safety and loss control services to construction companies, builders and a range...
Broker Clements Worldwide Buys Dutch Financial Services Broker, The Financials
Sep 25 2019 // Clements Worldwide, a Washington, D.C.-based insurance broker for individuals and organizations who work across international borders, announced the acquisition of The Financials for an undisclosed amount. Amsterdam-based...
Iowa’s Holmes Murphy Acquires Global Captive Management
Sep 24 2019 // Waukee, Iowa-based Holmes Murphy, an employee-owned and controlled insurance brokerage, has expanded its footprint into the international space by acquiring Global Captive Management (GCM). GCM is no stranger to Holmes...
Allianz, MS&AD, Other Suitors in Race to Buy Aviva’s Asia Units for Up to $2.5B: Sources
Sep 24 2019 // German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain’s Aviva in a deal likely to be worth up to $2.5 billion, sources...
The Liberty Company Insurance Brokers Partners with Northern California-based M.B. McGowan & Associates Insurance Agency
Sep 24 2019 // Los Angeles, CA, September 24th, 2019 — The Liberty Company Insurance Brokers announced today a partnership with M.B. McGowan & Associates of Novato, CA. M.B. McGowan & Associates is an independent insurance...
Hub Acquires Assets of Colorado-Based Inter-Mountain Retirement Partners
Sep 23 2019 // HUB International Ltd. has acquired the assets of Denver, Colo.-based Inter-Mountain Retirement Partners Inc. Terms of the deal were not disclosed. Chad J. Larsen, president and CEO Inter-Mountain, will join Hub...
Hub International Acquires Pennsylvania’s WhartonHill Advisors
Sep 23 2019 // Hub International Limited, a global insurance brokerage, has acquired certain assets of WhartonHill Retirement Services LLC, Strategic Planning Resources Inc. and Karen McCloskey, collectively doing business as WhartonHill...
