Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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,...
Partner Re Celebrates Its First 25 Years– When Everything and Nothing Has Changed
Sep 17 2018 // During PartnerRe’s first 25 years as a reinsurer, everything has changed and nothing has changed. From its roots as a pure catastrophe player, PartnerRe has dramatically evolved–or diversified–over the...
Rhode Island’s ProTucket Launches First Cell with $35M Surplus Funding
Sep 17 2018 // Pro US Holdings, the sole shareholder and immediate parent of ProTucket Insurance Company — the insurance carrier established in Rhode Island to provide run-off transfer solutions in the U.S. — has contributed...
EPIC Insurance Brokers and Consultants Acquires New York’s Vanbridge
Sep 14 2018 // EPIC Insurance Brokers and Consultants, a national retail insurance brokerage and employee benefits consulting firm, has acquired the assets, employees and operations of Vanbridge LLC, a specialty insurance intermediary,...
Alera Group Acquires Burnham Benefit Advisors, VantagePoint Benefit Strategies
Sep 13 2018 // Alera Group, a Deerfield, Ill.-based employee benefits, property and casualty, risk management and wealth management firm, has acquired Burnham Benefit Advisors and VantagePoint Benefit Strategies. Burnham Benefit...
ONI Risk Partners Adds Renie in Indianapolis
Sep 11 2018 // ONI Risk Partners (ONI) has hired Charlie Renie as a commercial insurance risk advisor in the company’s headquarters in Indianapolis. Renie concentrates on the identification, assessment, and management of the...
AXIS Names 3 to New AXIS Re Strategic Partners
Sep 11 2018 // AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited, has launched AXIS Re Strategic Partners with the appointment of account executives for Europe, the Middle East and Africa (EMEA). AXIS Re...
AXA to Complete Acquisition of XL Group Sept. 12
Sep 11 2018 // AXA announced today that it has obtained all regulatory approvals required to complete the proposed acquisition of XL Group Ltd. previously announced on March 5, 2018. The Paris-based global insurer said it expects to...
AssuredPartners Acquires Ohio Insurance Firms Roemer, Sunforest Transportation
Sep 10 2018 // AssuredPartners Inc. has acquired Roemer Insurance in conjunction with Sunforest Transportation Insurance Group (STIG), both located in Toledo, Ohio. The company was founded in 1934 by Wellington F. Roemer and has always...
USI Insurance Services Acquires Massachusetts’ The Gaudreau Group
Sep 10 2018 // USI Insurance Services (USI), an insurance brokerage and risk management company, has acquired Wilbraham, Mass.-based The Gaudreau Group. Terms of the transaction were not disclosed. Founded in 1921, The Gaudreau Group is...
