Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Worldwide Facilities Acquires Connecticut’s Tennant Risk Services Insurance Agency
Apr 3 2018 // Worldwide Facilities has acquired Tennant Risk Services Insurance Agency LLC. Worldwide Facilities is a Los Angeles, Calif.-headquartered, national wholesale insurance brokerage and managing general agency. Tennant Risk...
RSG Completes Acquisition of New Jersey’s New Day Underwriting Managers
Apr 3 2018 // Ryan Specialty Group LLC (RSG) has completed its acquisition of the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day was founded in 2005...
White Mountains Buys Majority Stake in Program Manager NSM
Apr 2 2018 // Bermuda-based insurance holding company White Mountains Insurance Group is acquiring a majority equity stake in NSM Insurance Group (NSM), the specialty insurance program administrator. The transaction values NSM at...
USI Insurance Services to Acquire New York’s Key Insurance & Benefits Services
Apr 2 2018 // KeyBank has entered into a definitive agreement to sell Key Insurance & Benefits Services Inc. to USI Insurance Services (USI). KeyBank acquired Key Insurance & Benefits Services Inc. as part of its 2016 merger...
Walmart Talking with Health Insurer Humana on Closer Ties, Possible Acquisition
Mar 30 2018 // U.S. retailer Walmart Inc. is in early-stage talks with health insurer Humana Inc. about developing closer ties, with the acquisition of Humana being discussed as one possibility, people familiar with the matter said on...
Arthur J. Gallagher & Co. Acquires McGregor & Associates in California
Mar 29 2018 // Arthur J. Gallagher & Co. has acquired McGregor & Associates in San Diego, Calif. Terms of the deal were not disclosed. George McGregor and his team will continue to operate from their San Diego location under the...
Integro to Buy Lloyd’s Broker Tysers; Integro’s UK Wholesale Unit to Use Tysers’ Brand
Mar 29 2018 // Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, announced it will acquire 100 percent of Hawkes Bay Holdings Ltd. (HBH), the privately owned parent company of Tysers...
Lockton Acquires Benefits and Enrollment Firm E3 Solutions in Colorado
Mar 26 2018 // Lockton has acquired Jeff Connick and E3 Solutions to grow its employee benefits service offerings in the Mountain West region. Denver, Colo.-based E3 Solutions is an enrollment and benefits administration firm founded in...
Legacy Acquirer DARAG Forms Partnership with Asset Manager New Nordic Advisors
Mar 26 2018 // DARAG, the European legacy acquirer, and New Nordic Advisors, a London-headquartered investment management company, announced the formation of a strategic partnership. DARAG and New Nordic will join forces in a number of...
IAT Insurance Acquires Excess and Umbrella Business from Rockhill Insurance
Mar 23 2018 // IAT Insurance Group (IAT) has reached a definitive agreement to acquire the renewal rights and certain associated assets for a book of surplus lines excess and umbrella insurance business from Rockhill Insurance Group....
Cloud-Based Insurtech Startup Insly Raises €2.2M ($2.7M) in Funding
Mar 23 2018 // Insly, a cloud-based insurance platform, announced an investment of €2.2 million (US$2.7 million), led by Concentric and Black Pearls VC. Founded in 2015, Insly offers insurance policy management for insurance brokers...
China’s Fosun Still Interested in Acquiring Greek Insurer if Winning Bid Collapses
Mar 23 2018 // Fosun International Ltd came up short in its bid to buy National Bank of Greece SA’s insurance unit, but the Chinese conglomerate is still willing to swoop in if the winning bid collapses, albeit at a different price...
JLT Specialty USA Names Dobos Leader of West Coast M&A Group
Mar 22 2018 // JLT Specialty USA has named Ted Dobos executive vice president and leader of JLT’s West Coast mergers and acquisitions practice. Dobos will be based in San Francisco, Calif. He has more than 25 years of finance,...
Oppenheim Named Partner at JLT Specialty’s Construction Risk Partners
Mar 22 2018 // JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Jon Oppenheim as partner to Construction Risk Partners. Based in Atlanta, Oppenheim will be a key leader in the development of...
MarshBerry Talent Acquisition Recruits 400th Producer
Mar 21 2018 // Woodmere, OH, March 21, 2018 – Marsh, Berry & Company, Inc.’s (“MarshBerry”) Talent Acquisition division recently crossed the 400 producers placed in the insurance industry threshold. At...
Service Insurance Holdings Acquires Oklahoma’s American Healthcare Indemnity
Mar 20 2018 // Service Insurance Holdings Inc. (SIHI), parent of Texas-based workers’ compensation insurer, Service Lloyds Insurance Co., has acquired American Healthcare Indemnity Co. (AHIC), an Oklahoma-based insurer. The new...
Title Insurer Fidelity National to Buy Competitor Stewart for $1.2 Billion
Mar 19 2018 // Title insurer Fidelity National Financial Inc. has agreed to acquire Stewart Information Services Corp. for approximately $1.2 billion. The consideration will be $50 per share of common stick, paid 50 percent in cash and...
Argo Group Acquires Italian Specialty Insurer Ariscom
Mar 14 2018 // Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe. Neither side disclosed financial details. Argo Group CEO Mark E. Watson...
Michigan-Based Broker Acrisure Completes Acquisition of UK-Based Beach
Mar 13 2018 // London-based broker Beach & Associates announced the completion of its acquisition by Acrisure LLC, the Michigan-based retail consulting and insurance broker. Having obtained all necessary regulatory approvals,...
Stone Point Capital Completes Acquisition of Pennsylvania’s Genex Services
Mar 12 2018 // Genex Services (Genex), a Wayne, Penn.-based provider of cost containment services to the workers’ compensation, disability and auto industries, announced that funds managed by private equity firm Stone Point Capital...
