Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
The Villages Insurance Partners of Florida Promotes Connell
Aug 27 2018 // The Villages Insurance Partners (TVIP) has promoted Rose Connell to Personal Lines executive manager. Connell’s new leadership role will have her working directly with the Personal Lines division to ensure client...
Allstate to Acquire Identity Theft Protection Firm InfoArmor
Aug 27 2018 // The Allstate Corp. has agreed to acquire InfoArmor, a provider of employee identity protection, for $525 million in cash. The insurer said it sees “significant opportunity to cross sell” the new product through...
Express Scripts, Cigna Shareholders Vote in Favor of $52 Billion Acquisition
Aug 27 2018 // Cigna Corp. shareholders on Friday voted in favor of the health insurer’s proposed $52 billion acquisition of pharmacy benefit manager Express Scripts Holding Co., although the deal still needs clearance from...
Kaplansky Insurance Acquires Massachusetts’ Lit-Flynn Insurance Agency
Aug 24 2018 // Kaplansky Insurance, an independent, locally owned agency in the Northeast, has acquired Lit-Flynn Insurance Agency in Randolph, Mass. Lit-Flynn Insurance Agency offers coverage on individual and personal insurance...
Reliance Partners of Tennessee Names Howell Chief Operating Officer
Aug 23 2018 // Reliance Partners, a commercial insurance agency headquartered in Chattanooga, Tenn., has promoted Laura Ann Howell to the position of chief operating officer. Laura Ann Howell Prior to the promotion, Howell began her...
The Hartford to Acquire Specialty Insurer Navigators in $2.1 Billion Deal
Aug 22 2018 // The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators...
Guy Carpenter Partners with RPC Consulting to Offer Re/Insurance Analytic Platform
Aug 22 2018 // Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., announced a multi-year, global strategic partnership with Reynolds Porter Chamberlain Consulting...
Run-Off Venture Targets Florida Auto Insurer Peachtree Casualty for First Acquisition
Aug 22 2018 // International insurance and reinsurance company DARAG and U.S.-based acquisition specialist SOBC have formed a joint venture with SOBC DARAG in Delaware to support DARAG’s expansion into the U.S. and...
Baldwin Risk Partners of Florida Appoints Valentine as Chief Partnership Officer
Aug 21 2018 // Baldwin Risk Partners (BRP), the Tampa, Fla.-based insurance distribution and consulting holding company, is pleased to announce the appointment of John Valentine as chief partnership officer. Valentine joins BRP with more...
Jewelers Mutual Acquires Shipping Software Firm TransGuardian
Aug 20 2018 // Specialty insurer Jewelers Mutual Group has purchased the assets of TransGuardian Inc., a high-value item shipping and logistics software company. Terms of the transaction were not disclosed. Jewelers Mutual partnered with...
The Liberty Co. Acquires Majority Ownership of Mitchell & Mitchell in California
Aug 17 2018 // The Liberty Company Insurance Brokers has acquired majority ownership in Mitchell & Mitchell Insurance Agency of Novato, Calif. Liberty will become majority owner joining with several former shareholders of Mitchell...
The Liberty Company Insurance Brokers Acquires Majority Ownership of Mitchell & Mitchell Insurance Agency
Aug 17 2018 // Woodland Hills, CA, August 17, 2018 – The Liberty Company Insurance Brokers, based in Woodland Hills with offices throughout California, is proud to announce its newest partnership with Mitchell & Mitchell Insurance...
QBE North America Sells Its Personal Lines Business to Safeco
Aug 16 2018 // QBE North America has sold its personal insurance independent agency policies in 47 states to Safeco Insurance, a division of Liberty Mutual. The agreement was effective August 15, 2018. The terms of the transaction were...
AXIS Re Appoints PartnerRe’s Pollak to New Role as Head of Product Center
Aug 16 2018 // AXIS Capital Holdings Ltd. announced that Marcus Pollak has been appointed to the newly created role of head of Product Center for AXIS Re. Based in Zurich, Pollak will lead underwriting process and portfolio management...
Randall & Quilter Signs Program Underwriting Partnerships with 3 European MGAs
Aug 16 2018 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary R&Q Insurance (Malta) Ltd. has signed three new program underwriting partnerships – or fronting arrangements – with...
Alera Group Acquires Barnes Insurance & Financial Services of Florida
Aug 15 2018 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Barnes Insurance & Financial Services (BIAFS) of Florida. BIAFS is a benefits agency with two...
TrueNorth Acquires Colorado’s Jewell Insurance
Aug 15 2018 // TrueNorth Companies has acquired Greenwood Village, Colorado-based Jewell Insurance. Jewell Insurance will adopt the TrueNorth name and brand to further expand the firm’s presence throughout Colorado. Located in...
XL Catlin Expands M&A Underwriting Team with Khalidi and Jensen
Aug 14 2018 // XL Catlin insurance operations recently added Naveed Khalidi and Michelle Jensen to its team of Mergers and Acquisitions (M&A) insurance underwriters. Khalidi joins XL Catlin from Allied World Assurance Co., where he...
Norman-Spencer Acquires Arizona’s American Insurance Professionals
Aug 13 2018 // Norman-Spencer Agency Inc. (NSA) has acquired American Insurance Professionals (AIP), a nationwide insurance broker based in Phoenix, Arizona, specializing in title agents errors and omissions. AIP has more than 30 years...
Higginbotham Acquires Aviation Specialist, Colt Risk Management
Aug 10 2018 // Fort Worth, Texas-based Higginbotham has acquired Colt Risk Management Services (CRMS). CRMS is an independent commercial insurance broker specializing in aviation risk. The CRMS team has moved to Higginbotham’s...
