Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
USI Insurance Services Acquires Pennsylvania’s JRG Advisors
Jul 15 2019 // USI Insurance Services (USI) has acquired Wexford, Penn.-based employee benefits services firm, JRG Advisors LLC. The company’s existing operations will be combined with Emerson Reid, USI’s employee benefits...
Alera Group Acquires New York’s Austin & Co.
Jul 12 2019 // Alera Group, a national insurance firm, has acquired Austin & Co. Inc., effective July 1, 2019. The firm expands Alera Group’s employee benefits and property and casualty expertise. Austin & Co., located in...
New York-Based Broker NFP Buys Toronto’s McLean Hallmark Insurance Group
Jul 12 2019 // New York City-based insurance broker and consultant NFP announced it has acquired Canadian broker McLean Hallmark Insurance Group Ltd. Financial details of the transaction, which closed on July 2, were not disclosed. Based...
Arthur J. Gallagher Acquires Texas-Based BluePeak Advisors
Jul 12 2019 // Arthur J. Gallagher & Co. has acquired BluePeak Advisors LLC, headquartered in Bartonville, Texas. Terms of the transaction were not disclosed. With employees operating across the United States, BluePeak Advisors...
AssuredPartners Acquires RIS Insurance Services
Jul 12 2019 // AssuredPartners Inc. has acquired RIS Insurance Services of Anacortes, Wash. Terms of the deal were not disclosed. The team of 40 RIS Insurance Services employees will remain under the operational leadership of Jim Jermyn...
Confie Acquires Southeast Auto Insurer Southern Harvest
Jul 12 2019 // Confie, a national provider of personal and commercial lines insurance, is acquiring Southern Harvest Insurance. The move will broaden Confie’s U.S. presence to include Georgia and further develop its presence in...
Hub International Acquires Assets of Pennsylvania’s Cosaint Insurance Partners
Jul 11 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Cosaint Insurance Partners LLC. Terms of the transaction were not disclosed. The principal owners of Cosaint Insurance Partners were...
LP Risk Acquires Wholesale Insurance Broker, Houston Surplus Lines
Jul 10 2019 // Texas-based managing general agency and surplus lines broker, LP Risk, has acquired the assets and operations of Houston Surplus Lines, an independently owned wholesale insurance brokerage. Houston Surplus Lines team will...
The Hilb Group Acquires Vermont’s Jamieson Insurance Agency
Jul 10 2019 // The Hilb Group LLC (THG) has acquired Vermont-based Jamieson Insurance Agency Inc. (JIA). The transaction became effective July 1, 2019. JIA is a property and casualty agency primarily providing business, auto and home...
Sedgwick Signs Agreement to Acquire New Jersey’s York Risk Services Group
Jul 10 2019 // Sedgwick, a global provider of technology-enabled risk, benefits and integrated business products, has signed an agreement to acquire York Risk Services Group. York is a Jersey City, N.J.-headquartered provider of claims...
Confie Expands into Georgia by Acquiring Southern Harvest
Jul 10 2019 // Huntington Beach, CA, July 10th, 2019 – Confie, a national provider of personal and commercial lines insurance, announced today that it will acquire Southern Harvest Insurance. This move will broaden the broker’s...
RiverStone Acquires New York’s Rockville Risk Management and ER Quinn Company
Jul 9 2019 // RiverStone has acquired Rockville Risk Management and ER Quinn Company (collectively, Rockville). Rockville is a New York-based, privately-owned third-party administrator and loss adjusting company that provides...
Arthur J. Gallagher & Co. Acquires Stonehenge Insurance Solutions of Florida
Jul 9 2019 // Arthur J. Gallagher & Co. has acquired Palm Beach Gardens, Fla.-based Stonehenge Insurance Solutions, Inc. Terms of the transaction were not disclosed. Founded in 2007, Stonehenge Insurance Solutions offers commercial...
Alliant Acquires Degginger McIntosh & Associates in Washington
Jul 8 2019 // Alliant Insurance Services Inc. has acquired Degginger McIntosh & Associates in Washington. Keith Degginger, the firm’s president, along with fellow principal Ken McIntosh and the entire Degginger McIntosh team,...
Pool Re Buys Non-Damage BI Retro Cover in Program Led by Liberty Specialty
Jul 8 2019 // Pool Re, Britain’s terrorism reinsurer, announced the placement of its new retrocession program covering non-damage business interruption (NDBI) losses. The program incepted on July 5. The Counter-Terrorism and...
SOBC DARAG Acquires Vermont’s Innovative Physicians Solutions RRG
Jul 3 2019 // SOBC DARAG has acquired Innovative Physicians Solutions RRG (IPS) in full, effective July 1, 2019, after receiving approval from the Vermont Department of Financial Services for the transaction. Mark Tabler, the current...
USI Insurance Services Acquisition of U.S. Risk Finalized
Jul 3 2019 // The acquisition of Dallas-based property/casualty program and specialty brokerage, U.S. Risk Insurance Group (U.S. Risk), by USI Insurance Services (USI), has been finalized. Terms of the previously announced transaction...
Reinsurers Offering Better Prices, Capacity for Preferred Trading Partners: Willis Re
Jul 2 2019 // Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1 and July 1, 2019 renewals, according to the latest 1st View renewals report from Willis...
Worldwide Facilities Acquires Benchmark Management Group in Chicago Area
Jul 2 2019 // Benchmark Management Group Inc., a managing general agent and wholesale insurance broker with locations in the Chicago and Milwaukee areas, has been acquired by national wholesale insurance broker, managing general agency...
Legacy Acquisition Firm Randall & Quilter to Buy Bermuda’s Sandell Holdings
Jul 1 2019 // Legacy acquisition specialist Randall & Quilter Investment Holdings Ltd. announced that its wholly owned subsidiary, Randall & Quilter II Holdings Ltd., has signed an agreement to acquire, subject to regulatory...
