Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Cohen & Co. Insurance Acquisition Corp. Raises $150 Million in IPO
Mar 26 2019 // Insurance Acquisition Corp., company sponsored by Cohen & Co. and formed for the purpose of acquiring or merging with insurance firms, completed an initial public offering that raised gross proceeds to the company of...
Arthur J. Gallagher & Co. Acquires Virginia’s McLean Insurance Agency
Mar 25 2019 // Arthur J. Gallagher & Co. has acquired Potomac Falls, Va.-based McLean Insurance Agency Inc. Established in 1971, McLean Insurance Agency offers retail property and casualty, life and employee benefit brokerage and...
RenaissanceRe Completes $1.5B Acquisition of Tokio Millennium Re
Mar 25 2019 // RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Tokio Marine Holdings’ reinsurance platform for $1.5 billion in cash and RenaissanceRe common shares. The acquisition of Tokio Millennium Re...
Hub Acquires Assets of Ritehealth Solutions in Colorado
Mar 19 2019 // Hub International Ltd. has acquired the assets of Lafayette, Colo.-based RiteHealth Solutions Inc. Terms of the deal were not disclosed. RiteHealth owner Rachel Zeman will join Hub Colorado as a senior employee benefits...
Former Mass. Agents’ Group CEO Mancini Partners with Renaissance Alliance
Mar 19 2019 // Francis A. Mancini, former president and CEO of the Massachusetts Association of Insurance Agents (MAIA), has partnered with Renaissance Alliance Insurance Services LLC (RAIS) working on new business development and...
Claim Solution Innovator CCG Moves into the Risk and Underwriting Arena with the Acquisition of RSI
Mar 19 2019 // Charlotte, North Carolina, March 19, 2019 – Consolidated Claims Group LLC (CCG), a leading provider of independent claim investigations, announced the acquisition of San Francisco-based Research Specialists Inc. (RSI), a...
U.S. Fintech Firm to Buy Worldpay for $35B in Biggest Ever Digital Payments Deal
Mar 18 2019 // Fidelity National Information Services Inc. (FIS) agreed to buy Worldpay for about $35 billion on Monday, with the U.S. financial services provider striking the biggest deal to date in the fast-growing electronic payments...
TriSure Corp. of North Carolina Acquired by Alera Group
Mar 18 2019 // TriSure Corporation has been acquired by Alera Group, a national insurance firm, effective March 1, 2019. Terms of the transaction were not announced. With over 1,500 employees in more than 70 locations across the nation,...
Hanson Insurance Group Acquires Assets of KMI Insurance in Oregon
Mar 15 2019 // Hanson Insurance Group of Corvallis has acquired KMI Insurance LLC of McMinnville, Ore. KMI will be merging into the Hanson Insurance Group name. Kelly McDonald of KMI Insurance will continue to serve as an advisor to his...
The Strategy Behind Hamilton Insurance’s Move to Buy Pembroke, Ironshore Europe
Mar 15 2019 // Strategy plus some remarkably good timing helped lead to Hamilton Insurance Group’s first acquisition deal under the leadership of CEO Pina Albo. On March 14, Hamilton announced it would acquire Liberty...
Italy’s Generali to Seek Acquisitions in Europe, Asia and U.S., Says CEO Donnet
Mar 15 2019 // Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years...
SPG Acquires Assets of Insurance Programs of America, Risk Advisors of America of Florida
Mar 15 2019 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of Insurance Programs of America, Inc. (IPOA), a boutique managing general underwriter,...
Risk Strategies Acquires New York City’s Krauter & Company
Mar 14 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Krauter & Company LLC, a specialty firm focused on the risk and insurance needs of private equity firms and their...
Hamilton to Buy Pembroke Managing Agency, Ironshore Europe DAC from Liberty Mutual
Mar 14 2019 // Hamilton Insurance Group Ltd., the Bermuda-based holding company of re/insurance operations in Bermuda and at Lloyd’s, announced it has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke...
Kronland Promoted to Director, Insurance Lending at Oak Street Funding
Mar 14 2019 // Brad Kronland has been promoted to director of Insurance Lending at Indianapolis-based Oak Street Funding, a First Financial Bank company. Kronland has worked in the banking and the financial services industries since 1995...
Arthur J. Gallagher Acquires First Iowa Insurance Agency
Mar 13 2019 // Arthur J. Gallagher & Co. has acquired Cedar Rapids, Iowa-based Hammerberg Insurance Services Inc., dba First Iowa Insurance Agency Inc. Terms of the transaction were not disclosed. Founded in 1912, First Iowa...
Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data
Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting. Zesty.ai’s technology provides...
The Hilb Group Acquires Massachusetts’ Marsh-Kemp Insurance Agency
Mar 13 2019 // The Hilb Group LLC (THG) has acquired Massachusetts-based Marsh-Kemp Insurance Agency Inc. (MK). The transaction became effective March 1, 2019. Established in 1912, MK provides clients with a variety of personal and...
PartnerRe Restructures P/C Business, Makes Changes to Executive Leadership Team
Mar 13 2019 // PartnerRe announced the company will reorganize its Property & Casualty (P&C) business segment into a regional structure while making several changes to its executive leadership team. Effective April 1, 2019,...
CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products
Mar 12 2019 // CRC Group has launched Insurisk, a new brand name for its products. Additionally, CRC Group has formed an exclusive partnership with AMRISC, LLC to build new property products under the Insurisk name. Accirdubg to Dave...
