Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
China’s Ant Financial Buys UK Payments Company WorldFirst
Feb 14 2019 // Ant Financial, the Chinese financial services giant controlled by billionaire Jack Ma, bought London-based payments company WorldFirst in its biggest overseas deal since a U.S. expansion was thwarted. The acquisition marks...
National Insurance Firm Alera Group Acquires New Jersey’s Broad Reach Benefits
Feb 13 2019 // Alera Group, a national insurance firm, has acquired Broad Reach Benefits LLC, effective February 1, 2019. Terms of the transaction were not announced. Broad Reach Benefits, headquartered in Madison, N.J., offers a range...
Allstate Buys Smartphone Repairer iCracked, Expanding Its Consumer Services
Feb 13 2019 // The Allstate Corp. said it has acquired iCracked, a provider of on-site, on-demand repair services for smartphones and tablets in North America. The privately held San Francisco-based company will join SquareTrade, a...
Munich Re’s India Partner Weighs Selling Health Insurer Stake: Sources
Feb 13 2019 // Prathap C. Reddy and his family, founders of India’s Apollo Hospitals Enterprise Ltd., plan to sell their holdings in an insurance venture with Munich Re AG to repay debt, people with knowledge of the matter...
Arthur J. Gallagher Acquires Surety Solutions, and Agency Multiplied in Oregon
Feb 13 2019 // Arthur J. Gallagher & Co. has acquired Salem, Ore.-based Surety Solutions LLC and Agency Multiplied Inc. Terms of the deal were not disclosed. Surety Solutions is a surety focused agency that specializes in offering...
Ryan Specialty to Acquire International Specialty Insurance Services of North Carolina
Feb 13 2019 // Ryan Specialty Group, LLC has reached a definitive agreement to acquire the assets and operations of International Specialty Insurance Services Inc. (ISI), an independently owned managing general underwriter with offices...
USI Insurance Services to Acquire U.S. Risk Insurance Group
Feb 12 2019 // Dallas-based property/casualty program and specialty brokerage firm, U.S. Risk Insurance Group (U.S. Risk), announced it has agreed to be acquired by USI Insurance Services (USI). The transaction is expected to close in...
Brown & Brown Metro Acquires Pennsylvania’s Smith Insurance Associates
Feb 12 2019 // Brown & Brown Metro LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Smith Insurance Associates Inc. Smith Insurance is a family owned agency with more than 35 years of...
Ryan Specialty Group to Acquire Oklahoma’s Westphalen Insurance Services
Feb 12 2019 // Chicago-based Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Westphalen Insurance Services Inc. (Westphalen), an independently owned wholesale insurance brokerage...
Alera Group Acquires Whipple & Company of Florida
Feb 12 2019 // Alera Group, a national insurance firm, has acquired Whipple & Company, effective Feb. 1, 2019. Terms of the transaction were not announced. Whipple & Company, based in Boca Raton, Fla., was founded in late 2016 by...
eDriving Appoints Shishko as Vice President of Strategic Partnerships
Feb 8 2019 // eDriving, a global provider of driver risk management programs with a U.S. headquarters in Cape May, N.J., has appointed Eric Shishko as vice president of Strategic Partnerships. In his new role, Shishko will facilitate...
Brown & Brown Insurance Agency of Virginia Acquires LRS&C
Feb 8 2019 // Brown & Brown Insurance Agency of Virginia Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of LRS&C. Brown & Brown Inc. is an insurance brokerage firm providing risk...
Fehrenbacher Returns to ONI Risk Partners in Management Role
Feb 8 2019 // Indianapolis-based independent insurance broker, ONI Risk Partners (ONI) has welcomed back Andrea Fehrenbacher in a new role as managing director of placement and risk transfer. In this key role, Fehrenbacher leads the ONI...
Hub Acquires Business from Fortenberry McNamara of Mississippi
Feb 8 2019 // Hub International Limited has acquired a book of business from Fortenberry McNamara, LLC of Jackson, Miss. Terms of the transaction were not disclosed. Fortenberry McNamara, an affiliate of Executive Planning Group, P.A.,...
Ames & Gough Appoints Parent as Equity Partner
Feb 7 2019 // Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations and nonprofits, and other professional service organizations, has appointed...
Hub International Adds Hickey in Indianapolis, Acquires Motorsports Business
Feb 6 2019 // Chicago-based insurance brokerage Hub International Limited (Hub) has hired sports and entertainment specialist, Darren Hickey, and acquired a motorsports book of business as well, the company announced. Hickey, who is...
Generali Global Assistance Acquires Travel Insurance Agency Trip Mate from A.J. Gallagher
Feb 6 2019 // Generali Global Assistance said it has acquired Trip Mate from Arthur J. Gallagher. Details were not disclosed. Trip Mate is incorporated in Kansas and domiciled in the state of Missouri. It is licensed in all states. Its...
Relation Enters Agreement to Acquire New York’s J. Deutsch Associates
Feb 6 2019 // Relation Insurance Services, an insurance brokerage that offers risk management benefits and third party administrator (TPA) consulting services through its family of brands across the U.S., has entered into a definitive...
USI Insurance Services Acquires New York’s GFI Insurance Brokerage
Feb 5 2019 // USI Insurance Services (USI), a provider of insurance brokerage and risk management, has acquired New York-based GFI Insurance Brokerage Inc. Terms of the transaction were not disclosed. Founded in 2003, GFI provides...
Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France
Feb 5 2019 // Swiss Re Corporate Solutions is expanding its cyber offering by launching CyberSolution 360°, a risk management solution that combines insurance with cyber attack protection services. Developed in the exclusive...
