Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Bowen, Miclette & Britt Acquires Texas’ M Surety Services
Oct 7 2024 // Bowen, Miclette & Britt Insurance Agency, LLC (BMB) has completed the acquisition of M Surety Services, a provider of contract surety bonds. BMB said the acquisition further strengthens its position in the surety bond...
Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low
Oct 7 2024 // The first half of 2024 set a 15-year low for insurance carrier mergers and acquisitions, according to Clyde & Co’s latest Mid-Year Growth Report. The number of insurance carrier M&A transactions completed in...
Optio to Acquire Luxembourg-Based Film and Events MGA, Circles Group
Oct 4 2024 // Optio Group, the London-based specialty managing general agent, announced it has acquired the Luxembourg-based MGA, Circles Group for an undisclosed sum, subject to regulatory approval. The acquisition of Circles,...
FEMA Doesn’t Have Enough Funding to Last Through Hurricane Season, Mayorkas Warns
Oct 4 2024 // The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the hurricane season, Homeland Security Secretary Alejandro Mayorkas told reporters Wednesday. The agency...
Brown & Brown Acquires Minnesota’s The Canopy Group
Oct 3 2024 // Brown & Brown announced the acquisition of the assets of The Canopy Group, a a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le...
McGriff Amps Up SE Benefits Offerings With Acquisition of Amity in Tampa
Oct 3 2024 // McGriff, a large retail insurance brokerage headquartered in Charlotte, announced it has acquired Amity Benefits, an employee benefits brokerage based in Tampa. Amity, founded in 2017, has specialized in the auto dealer...
AssuredPartners Acquires Halstead Agency of Massachusetts
Oct 3 2024 // Global insurance broker AssuredPartners announced it has acquired Halstead Insurance Agency, a Fitchburg, Massachusetts-based agency offering personal and commercial insurance. The Halstead team will remain under the...
UK Broker Kingfisher Insurance Acquires MIS Motorsport’s Commercial Business
Oct 3 2024 // Kingfisher Insurance Services Ltd., the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Financial details of the transaction were not disclosed. As...
Inszone Acquires Dan Davis Insurance Solutions in California
Oct 3 2024 // Inszone Insurance Services acquired Dan Davis Insurance Solutions in San Jose, California. Dan Davis Insurance Solutions is an insurance agency that specializes in serving the homeowner association board members, HOA...
Ryan Specialty Acquires Certain Assets of Indiana’s EverSports
Oct 2 2024 // Ryan Specialty announced that it has completed the acquisition of certain assets of EverSports & Entertainment Insurance, Inc. (EverSports) from the Everest Group, Ltd. group of companies. EverSports is a managing...
Crest Insurance Group Acquires Alliance Insurance Agency in Colorado
Oct 2 2024 // Crest Insurance Group acquired Alliance Insurance Agency LLC in Colorado. Crest’s Colorado operations center around its Denver hub and expand to Longmont and Fort Collins. The Alliance deal adds Arvada to the...
Miller Completes Acquisition of Spanish Specialty Re/Insurance Broker Bruzon
Oct 1 2024 // Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was...
Marsh McLennan to Buy TIH’s McGriff Insurance for $7.75B
Sep 30 2024 // Marsh McLennan says it has a deal in place to acquire McGriff Insurance Services for $7.75 billion, funded by cash and debt financing. U.S. retail broker McGriff, an affiliate of private-equity backed TIH (formerly Truist...
Acquisition of UK’s Specialist Risk Group Completed by Warburg Pincus and Temasek
Sep 30 2024 // Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced that its acquisition by Warburg Pincus, a global growth investor, and Temasek, the Singapore-based investment company, has been...
Inszone Acquires ISU Francis-Pinney Insurance Services in California
Sep 30 2024 // Inszone Insurance Services acquired ISU Francis-Pinney Insurance Services Inc. in California. ISU Francis-Pinney Insurance Services evolved through several mergers, including All-Cal Insurance and the John A. Francis...
Canada’s Axis Insurance Acquires P/C Broker Baker Insurance
Sep 27 2024 // Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Financial details of the deal were not...
Inszone Acquires First West Insurance Agency in California
Sep 26 2024 // Inszone Insurance Services acquired First West Insurance Agency in Huntington Beach, California. Originally established in 1968 as Shearer Insurance, the firm merged in 1979 with First West Insurance Agency. Owners Phil...
Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.
Sep 26 2024 // Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and...
Xceedance Acquires Illinois’ Millennium Information Services
Sep 26 2024 // Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago. With the acquisition, the Xceedance Americas team adds nearly 200 team members and a...
Ardonagh Marks Crucial Step Toward Completing A$2.3B Acquisition of Australia’s PSC
Sep 26 2024 // The Ardonagh Group, the London-based independent insurance distribution platform, announced that PSC Insurance Group Ltd.’s shareholders voted in favor of its proposed acquisition. The transaction, which is valued at...