Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Associated Benefits and Risk Acquiring Wisconsin’s Diversified Insurance
Feb 16 2018 // Associated Benefits and Risk Consulting (ABRC) announced it will acquire Diversified Insurance Solutions (Diversified), based in Milwaukee, Wisconsin. The transaction is expected to close next month. Terms of the...
Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks
Feb 16 2018 // Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years. The group signed a charter Friday at a...
Peak Re to Get Capital Boost After Prudential Financial Buys 13.1% Stake: A.M. Best
Feb 15 2018 // A wholly owned subsidiary of Prudential Financial Inc. (PFI) has signed definitive agreements to purchase a 13.1 percent stake in Peak Reinsurance Holdings Ltd., the sole shareholder of Hong Kong-based Peak Reinsurance Co....
Kemper to Acquire Nonstandard Auto Insurer Infinity in $1.4 Billion Deal
Feb 13 2018 // Chicago-based insurer Kemper Corp. has agreed to acquire Birmingham-based Infinity Property and Casualty Corp. in a cash and stock transaction valued at approximately $1.4 billion, or $129.00 per share, creating an insurer...
Alera Group Acquires Wilson Albers in Alaska
Feb 13 2018 // Alera Group has acquired Wilson Albers & Company LLC located in Anchorage, Alaska. Terms of the deal were not disclosed. Wilson Albers & Company, LLC, parent company of The Wilson Agency, LLC, Albers & Company...
Nexus Acquires D&O and Financial Institutions MGA Apsley Specialty
Feb 13 2018 // Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Apsley Specialty Ltd., a registered Lloyd’s coverholder. Financial details of the transaction were not...
Ryan Specialty Group Agrees to Buy UK P&I MGA Lodestar Marine from Tawa
Feb 13 2018 // Ryan Specialty Group LLC (RSG) announced it has reached a definitive agreement to acquire London-based Lodestar Marine Ltd., an MGA in the protection & indemnity (P&I) fixed premium marine market, from Tawa...
Tech Company Roost Forms Insurer Partnerships for Home Telematics Pilot
Feb 13 2018 // Roost, a provider of home telematics for property insurance carriers, has partnered with Erie Insurance to test customer engagement with its Roost Smart Water Leak and Freeze Detector device in order to prevent water...
Vital Insurance Partners Names Matlach VP, Product Development in Arizona
Feb 12 2018 // Vital Insurance Partners, an insurance consultant and program intermediary, has named Meg Matlach vice president of Product Development. Based in Phoenix, Arizona, she is responsible for product development and program...
Hub International Acquires Canadian Broker Kindersley Insurance
Feb 12 2018 // Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd. Terms of the acquisition were not disclosed. Headquartered in Kindersley,...
Sompo International to Buy Italian Agriculture Insurer A&A
Feb 9 2018 // Sompo International said it has agreed to buy an Italian agriculture insurer in a bid to broaden the reach of a new, recently launched global technology platform focused on the sector. The Bermuda-based specialty...
Software Firm Sapiens to Grow U.S. Market with Acquisition of Adaptik
Feb 9 2018 // Global insurance software firm Sapiens International Corp. has agreed to buy Adaptik, a rival insurance software company focused on policy administration and billing. The move is expected to help the Israeli company boost...
NSM Insurance Group Acquires TranSpec of Tennessee
Feb 9 2018 // NSM Insurance Group, the national leader of industry-specific insurance program administration, announced Tuesday that it has acquired TranSpec, a highly specialized transportation insurance broker located in...
HVACi Acquires Kentucky-Based Donan Engineering’s HVAC Forensics Division
Feb 8 2018 // HVAC Investigators (HVACi), a national provider of HVAC damage assessments for insurance claims, has acquired Donan Engineering’s HVAC Forensics division, based in Louisville, Ky. The consolidation of two brands in...
Tort Reform Upstages Effort to Put Road Funding Measure on Arkansas Ballot
Feb 8 2018 // The Arkansas Highway Commission has voted to drop an effort to put a road funding plan on the November ballot and instead will try again with a proposal it will advocate to lawmakers next year. Commissioners cited the...
Alera Group Acquires Three East Region Firms
Feb 8 2018 // Alera Group, a Deerfield, Ill.-based national employee benefits, property/casualty, risk management and wealth management firm, has acquired three East region firms, effective February 1, 2018. Aisling Partners Insurance...
Nationwide-Backed Fund to Acquire Solar Projects
Feb 8 2018 // Nationwide Mutual Insurance Co. and clean energy developer Sol Systems are investing $100 million into a fund they are forming to acquire U.S. solar projects. The Helios Infrastructure Fund plans to buy more than 330...
Japan’s SoftBank in Talks to Buy Stake in Swiss Re
Feb 7 2018 // Swiss Re said it is in preliminary talks to sell a minority stake to SoftBank Group – a deal that reportedly could be worth $10 billion or more, in what would be the Japanese firm’s biggest financial services...
Alera Group Acquires Davidson Benefits Planning in Oregon
Feb 7 2018 // Alera Group has acquired Davidson Benefits Planning, headquartered in Tigard, Ore. Alera made the purchase along with the purchase of three other firms effective Feb. 1, bringing the total number of acquisitions since...
AmWINS Completes Acquisition of Seacoast Brokers, Trident Claims Management
Feb 7 2018 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the previously announced acquisition of Seacoast Brokers, LLC, and Trident Claims Management, LLC. Seacoast is a personal...
