Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Update: Generali Eyes Acquisitions of Small and Medium-Sized European Insurers
May 7 2019 // Italy’s biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up to 4 billion euros...
Lighthouse Property Insurance Acquires Louisiana’s Excalibur National Insurance
May 6 2019 // Lighthouse Property Insurance Corp. has acquired Excalibur National Insurance Co., based in Louisiana. Lighthouse CEO and President Patrick White said in a press release that the acquisition “reaffirms...
Reliance Global Group Acquires Ohio’s Fortman Insurance
May 3 2019 // Reliance Global Group Inc. (RELI) through its subsidiary Reliance Global Holdings LLC has completed the previously announced acquisition of Ohio-based Fortman Insurance Agency LLC, for a total purchase price of $4.138...
Summit Risk Advisors Completes $100M Recapitalization with Colbeck
May 3 2019 // Summit Risk Advisors, previously SEK Holding Company LLC, has completed a $100,000,000 recapitalization and senior debt facility with Colbeck Capital Management to finance the acquisition of nine retail insurance agencies,...
Legacy Acquirer DARAG Completes Purchase of DONAU Versicherung’s Italian Portfolio
May 3 2019 // DARAG Group Ltd., the Malta-based legacy acquirer, announced it has completed the acquisition of the Italian non-life portfolio of DONAU Versicherung AG after receiving approval from Austrian and Italian...
Ryan Specialty Finalizes Acquisition of International Specialty Insurance of North Carolina
May 3 2019 // Ryan Specialty Group, LLC, has acquired the assets and operations of International Specialty Insurance Services Inc. (ISI), an independently owned managing general underwriter with offices in Winston-Salem, North Carolina....
Hub Acquires Assets of South Dakota’s First Western Insurance Agency
May 2 2019 // Chicago-based global insurance brokerage, Hub International Limited (Hub), has acquired the assets of First Western Insurance Agency Inc. in South Dakota. First Western Insurance Agency is an independent insurance agency...
CRC Group Acquires Arkansas MGA, Argenia
May 2 2019 // Parsippany, New Jersey-based CRC Group, a nationwide wholesale distributor of specialty insurance products, has acquired Argenia LLC, a Little Rock, Arkansas-based managing general agent (MGA) and surplus lines...
Talanx Acquires P/C Insurer in Turkey from Munich Re Subsidiary
May 2 2019 // The German insurer Talanx has acquired the property/casualty insurer ERGO Sigorta A.S. from a Munich Re subsidiary. Financial details of the transaction where not disclosed. Talanx purchased ERGO Sigorta from ERGO...
Alliant Acquires North County Insurance in California
May 2 2019 // Alliant Insurance Services Inc. has acquired Escondido, Calif.-based North County Insurance. Joseph Giamanco, president of North County Insurance, and the rest of the team will join Alliant and continue to service clients...
Insurance Broking Veterans, Led by McGill, Form Specialty Broker, McGill & Partners
May 2 2019 // Insurance broking veteran Steve McGill and a team of insurance industry veterans have partnered with Warburg Pincus, a global private equity firm, to launch McGill & Partners, a new specialty risk solutions...
Arthur J. Gallagher Acquires Australian Insurance Broker AgriRisk Services
May 2 2019 // Arthur J. Gallagher & Co. announced the acquisition of Australian insurance broker AgriRisk Services Pty Ltd. Terms of the transaction were not disclosed. Headquartered in North Sydney, New South Wales with offices in...
World Insurance Associates Acquires New Jersey’s Joseph A. Britton Agency
Apr 30 2019 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., acquired the Joseph A. Britton Agency Inc. of Mountainside, N.J., on April 1, 2019. The Joseph A. Britton Agency is a...
Jacks Joins Teneo Cobbs Allen Partnership in Alabama
Apr 29 2019 // Cobbs Allen of Birmingham, Ala., has added Chris Jacks to the Teneo Cobbs Allen team. Jacks comes with years of experience as a property and casualty underwriter, as well as actuarial knowledge. Most recently, Jacks served...
Pro Global to Buy UK MGA Incubator, Vibe MGA Management
Apr 25 2019 // Pro Global Insurance Solutions, the London-based re/insurance consultant and service provider, announced it will acquire Vibe MGA Management Ltd. (VibeMM), an MGA incubator business. Pro is acquiring VibeMM from Vibe UK...
Seeman Holtz Acquires Schwarz Insurance Agency in Wisconsin
Apr 25 2019 // Seeman Holtz Property & Casualty LLC has acquired Schwarz Insurance Agency Inc., headquartered in Prairie du Sac, Wisconsin, with six other offices across the state. Kathy Schwarz, an active employee of the Schwarz...
World Insurance Associates Acquires Connecticut’s Lampe-Batkin Associates
Apr 23 2019 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., completed its 40th acquisition with Lampe-Batkin Associates LLC of Greenwich, Conn., on April 1, 2019. Lampe-Batkin...
Tokio Marine’s ProAg to Acquire AmTrust Financial’s Crop Insurance MGA
Apr 22 2019 // Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal, which is subject to regulatory approvals, is expected to close by May 1....
Brown & Brown Acquires Assets of ALMEA Insurance in Washington
Apr 22 2019 // Brown & Brown of Oregon LLC has acquired substantially all of the assets of ALMEA Insurance’s Vancouver, Wash. location. Following the deal, the ALMEA Insurance team will continue doing business from its existing...
AssuredPartners Acquires Premier Insurance Corp. of Florida
Apr 22 2019 // AssuredPartners, Inc. is has acquired Premier Insurance Corporation, Inc. of Cape Coral, Fla. Premier specializes in property and casualty insurance, workers compensation, employee benefits, and life insurance. Premier and...
