Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
London Market Broker BMS Partners with BitSight to Provide Cyber Risk Analysis
Jun 11 2019 // BMS Group, the London-based independent specialist re/insurance broker, has partnered with BitSight, a cyber security ratings company, to provide cyber risk analysis services to BMS clients across all lines of...
The Hilb Group Acquires Delaware’s Pfister Insurance
Jun 7 2019 // The Hilb Group LLC (THG) has acquired Delaware-based Pfister Insurance Inc. The transaction became effective June 1, 2019. Located in Dover, Pfister is a full-service property and casualty agency primarily providing...
Canada Broker Navacord Acquires Demers’ Insurance in Alberta
Jun 7 2019 // Toronto-based broker Navacord Corp. announce it has the addition of Bonnyville, Alberta-based Demers’ Insurance Ltd., effective June 3, 2019. Financial details of the transaction were not disclosed. Serving...
Arthur J. Gallagher Acquires MDV Wealth Planning in Illinois
Jun 6 2019 // Global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher & Co., has acquired Fox River Grove, Ill.-based MDV Wealth Planning Inc. Terms of the transaction were not...
Brown & Brown of Massachusetts Acquires Twinbrook Insurance
Jun 6 2019 // Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Twinbrook Insurance. Founded in 1960, Twinbrook Insurance provides property and casualty insurance products and services to customers...
National General Acquires Insurtech Syndeste; Launches Private Flood Product in Florida
Jun 6 2019 // Personal lines insurer National General Holdings Corp. (NGHC) will begin offering private flood insurance in Florida later this summer after its acquisition of Syndeste LLC, an insurance technology company. National...
Hub International Buys Saskatchewan-Based Broker, Cottenie & Gardner
Jun 5 2019 // Hub International Ltd., the Chicago-based global insurance brokerage, announced that it has acquired Cottenie and Gardner Inc., a Kamsack, Saskatchewan-based independent broker. Terms of the transaction were not...
Canada’s Western Financial Acquires Ontario Brokerage EGM Insurance Group
Jun 5 2019 // Western Financial Group has furthered its strategic expansion in Ontario with the acquisition of EGM Insurance Group. Financial details of the acquisition, which is Western’s third brokerage acquisition in Ontario,...
Insurtech Avinew Acquires Betterdrive in California
Jun 4 2019 // Insurtech company Avinew has acquired Sunnyvalye, Calif.-based Betterdrive. Terms of the deal were not disclosed. Ravindhran Sankar, CEO and founder, will be named director of research and development. Avinew will...
AXA XL Partners with IPRS Health to Offer Employer’s Liability Insurance Solution in UK
Jun 4 2019 // AXA XL Insurance has partnered with IPRS Health to launch an employer’s liability insurance solution, AXA XL HealthAssist, for UK organizations. With workplace injury and new cases of work-related ill-health costing...
Millennials More Likely to Buy Flood Insurance Than Baby Boomers
Jun 4 2019 // Millennials — those born between 1981 and 1996— are nearly three times more likely to have purchased flood insurance than their older Baby Boomer counterparts born between 1944 and 1964, a new survey finds. Overall,...
CoVerica Acquires Texas’ Agape Healthcare Partners
Jun 3 2019 // Dallas-based CoVerica has expanded its presence in the medical professions arena with the acquisition of Agape Healthcare Partners L.P., an independent insurance agency headquartered in North Texas. Agape specializes in...
INSURICA Acquires First Texas Insurance Services in Arlington
Jun 3 2019 // INSURICA has acquired First Texas Insurance Services, based in Arlington, Texas. Trey Dacy and Bob Walch, principals at First Texas Insurance Services, and their team will join INSURICA. A third partner, Gary McNeil, along...
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...
