Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations
Jun 3 2019 // Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations was completed on June 1,...
Ryan Specialty Completes Acquisition of Atlantic Specialty
Jun 3 2019 // Ryan Specialty Group has acquired the assets and operations of Atlantic Specialty Lines Inc. Terms of the transaction were not disclosed. The ASL team is now a part of R-T Specialty, the wholesale brokerage unit of Ryan...
Zurich Completes Acquisition of ANZ’s Life Insurance Business in Australia
Jun 3 2019 // Zurich Insurance Group said it has completed the acquisition of the life insurance businesses of Australia & New Zealand Banking Group Ltd. (ANZ), becoming a major life insurer for retail customers in the Australian...
Arthur J. Gallagher Acquires The Protectors Insurance Group in Australia
Jun 3 2019 // Arthur J. Gallagher & Co. today announced the acquisition of Liverpool, New South Wales-based The Protectors Insurance Brokers Pty Ltd and Regent Insurance Brokers Pty Ltd., collectively referred to as The Protectors...
Aon to Grow Partnership with CoverWallet for Small-Medium Business Market
May 31 2019 // Global insurance broker Aon is partnering with digital insurance platform CoverWallet to serve clients in Australia. The parties also said they are in the process of expanding this partnership to additional geographies,...
Sovos Acquires Iowa’s Eagle Technology Management
May 29 2019 // Global tax software provider Sovos is acquiring Iowa-based Eagle Technology Management (ETM), which provides statutory financial reporting and insurance premium tax software to insurers, and unclaimed property reporting...
Risk Strategies Acquires Texas’ MainStreet Consulting Group
May 29 2019 // Boston-based insurance brokerage and risk management firm Risk Strategies has acquired MainStreet Consulting Group, a brokerage headquartered in Conroe, Texas, just north of Houston. Terms of the deal were not...
The Hilb Group Acquires New England-Based 360 Corporate Benefit Advisors
May 29 2019 // The Hilb Group LLC (THG) has acquired New England-based 360 Corporate Benefit Advisors (360CBA). The transaction became effective May 1, 2019. With offices in Fairfield, Conn., and Wayland, Mass., 360CBA is an employee...
Pennsylvania’s KMRD Partners Welcomes Back McPoyle
May 29 2019 // KMRD Partners has welcomed back Colin P. McPoyle in a new business development role. In this role, he will work to identify new business opportunities and develop relationships and strategies with organizations to reduce...
Capital Insurance Group in California Officially Acquired by Auto-Owners Insurance
May 28 2019 // Capital Insurance Group is now a member of the Auto-Owners Insurance group of companies after regulatory approvals were cleared and closing documents were signed this week. CIG in February entered into an agreement to be...
Arthur J. Gallagher Acquires Indiana’s Cairnstone Financial
May 28 2019 // Arthur J. Gallagher & Co. has acquired Zionsville, Indiana-based Cairnstone Financial LLC. Terms of the transaction were not disclosed. Founded in 2010, Cairnstone Financial is a benefits consultant offering group...
Reinsurer SCOR Acquires Fund Manager Specializing in Insurance Linked Securities
May 23 2019 // French reinsurer SCOR said it had agreed to buy 100% of Coriolis Capital, an asset manager specialized ininsurance-linked securities, for an undisclosed amount. Coriolis Capital invests mainly in natural disaster bonds,...
Allianz Invests in Canadian Robo Adviser Wealthsimple, Leading $75M Funding Round
May 23 2019 // Wealthsimple, the Canadian robo adviser company controlled by Power Financial Corp., is gaining another behemoth shareholder as it slowly gears up for an initial public offering. Allianz X, the tech investment fund of...
The Hilb Group Acquires The Keane Insurance Group in Missouri
May 22 2019 // The Hilb Group LLC has acquired Missouri-based The Keane Insurance Group Inc. The transaction became effective May 1. Terms were not disclosed. KIG’s associates and John Keane, the agency leader, are joining THG...
Arthur J. Gallagher & Co. Acquires RPA, Innovative Coverage Concepts
May 22 2019 // Arthur J. Gallagher & Co. has acquired Parsippany, N.J.-based RPA Insurance Services LLC and Innovative Coverage Concepts LLC. RPA Insurance Services is a provider of insurance and risk management services to the...
Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources
May 22 2019 // Assicurazioni Generali SpA is in early talks to buy the Central European assets of MetLife Inc. as the Italian insurer seeks to expand through acquisitions in high-growth markets, according to people with knowledge of the...
Baldwin Promoted to CEO of Florida-Based Baldwin Risk Partners
May 22 2019 // Baldwin Risk Partners (BRP), a Tampa, Fla.-headquartered insurance distribution and consulting holding company, has appointed Trevor Baldwin as chief executive officer. He will take over for Lowry Baldwin, who will...
New York Firefighters Seek Insurance Payments for Ambulance Funding
May 21 2019 // Firefighters from around New York state are asking state lawmakers to change the law so fire departments can recoup the cost of emergency medical calls from patient insurance plans. Under current law, volunteer ambulance...
Arthur J. Gallagher Buys Minority Stake in India’s Edelweiss Insurance Brokers
May 21 2019 // Arthur J. Gallagher & Co. announced it has purchased a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a wholly owned subsidiary of Edelweiss Group, the Indian diversified financial services...
MS Amlin Acquires Stake in Specialist Reinsurance MGA Envelop Risk
May 21 2019 // MS Amlin announced the purchase of a strategic stake in Envelop Risk, a global specialist reinsurance managing general agent (MGA), which combines insurance expertise with artificial intelligence-driven cyber risk...
