Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Zurich to Acquire 80% Stake in Indonesia’s Adira Insurance for About $414M
Sep 27 2018 // Zurich Insurance is acquiring an 80 percent stake in Indonesia’s Adira Insurance from PT Bank Danamon Indonesia and a minority investor for at least around $414 million, the Swiss group said on...
Navigators Group, Being Acquired by The Hartford, Receives No Other Offers
Sep 26 2018 // The specialty insurer Navigators Group announced the expiration of a 30-day “go-shop” period provided for under the terms of its merger agreement with The Hartford Financial Services Group. Navigators said it...
Clearsurance Partners with CoverHound
Sep 26 2018 // Clearsurance, an online publisher of insurance consumer reviews and data, has announced its partnership with CoverHound, an online property and casualty insurance comparison platform. Based just outside of Boston, Mass.,...
Risk Strategies Expands Private Client Capabilities with Texas Acquisitions
Sep 25 2018 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Texas-based firms, Select Insurance Markets LLP (SIM) and Preferred Personal Insurance Agency LLP (PPIA). Terms of the...
HIIG Acquires Creative Risk Underwriters of Georgia
Sep 25 2018 // Houston International Insurance Group (HIIG) has agreed to purchase the remaining shares it did not own of Creative Risk Underwriters (CRU), a managing general underwriting agency (MGU) based in Marietta, Ga., specializing...
Pacific Health Care in California Begins Strategic Acquisition Search
Sep 24 2018 // Newport Beach, Calif.-based Pacific Health Care Organization Inc. today announced the launch of a strategic acquisition search for an insurance company to add to its suite of comprehensive workers’ comp...
AXIS Insurance, DUAL North America Partner on Environmental Risk Program
Sep 24 2018 // AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, to provide environmental risk product offerings...
Brown & Brown Acquires Vandroff Insurance Agency of Florida
Sep 24 2018 // Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Vandroff Insurance Agency, Inc., according to J. Scott Penny, chief acquisitions officer of Brown...
LISI Partners Adds Western Health Advantage in California
Sep 21 2018 // General agency LISI has added Western Health Advantage in Sacramento, Calif. to its portfolio of offerings. WHA is a non-profit HMO that offers benefit plans for employer group health coverage. LISI serves more than 8,000...
AIG to Acquire Program Manager Glatfelter Insurance Group
Sep 21 2018 // American International Group has agreed to acquire Glatfelter Insurance Group, a prominent specialty insurance broker and program manager headquartered in York, Pennsylvania. The terms of the transaction were not...
BKS-Partners Forms Partnership with Montoya & Associates of Florida
Sep 21 2018 // Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has partnered with Montoya & Associates of Jacksonville, Fla. The partnership finalized on...
Alera Group Acquires Champion Benefits of Atlanta
Sep 20 2018 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Champion Benefits of Atlanta. The company provides integrated, strategic benefit plans for clients...
New Hampshire’s Optisure Risk Partners Hires Needham
Sep 19 2018 // Optisure Risk Partners, based in Manchester, N.H., has hired Beth Needham as insurance operations manager and best practices leader. In this role, she will serve as a contributing member of the Optisure leadership team,...
Alliant Acquires Harbor Group Consulting of Miami
Sep 19 2018 // Alliant Insurance Services has acquired Harbor Group Consulting, a national insurance advisory for commercial real estate loans. Miami-based Harbor Group will join Alliant’s growing real estate practice, adding new...
Marsh & McLennan to Acquire Broker JLT
Sep 18 2018 // Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic pace of deal activity...
Worldwide Facilities to Acquire Texas Insurance Wholesaler McClelland and Hine
Sep 18 2018 // Los Angeles-based Worldwide Facilities LLC announced plans to acquire managing general agent and excess and surplus lines broker, McClelland and Hine Inc. and McClelland & Hine Trucking Underwriters LLC (collectively,...
Cigna Says Express Scripts Acquisition Passes Antitrust Review
Sep 17 2018 // Health insurer Cigna Corp.’s $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co. has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a...
Hanover Insurance May Follow Chaucer Sale with Talent Hiring, Acquisition
Sep 17 2018 // The Hanover Insurance Group could use some of the $950 million it will make from selling its Chaucer international specialty business to fuel organic growth, pursue select acquisitions and hire top talent from rivals,...
Thomas Miller to Acquire Germany’s Zeller Associates’ MGA, Insurance Operations
Sep 17 2018 // London-based insurance provider Thomas Miller reports it has agreed to purchase the managing general agency and insurance services operations of Zeller Associates, a shipping, trade and transport insurance specialist based...
A CEO Needs to Be Authentic, Optimistic and Resilient: PartnerRe’s Clarke
Sep 17 2018 // When PartnerRe acquired SAFR in 1997, it expanded its scope of business, moving quickly from being a monoline catastrophe reinsurer to a multiline company. Along with that purchase came PartnerRe’s future CEO,...
