Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
UK’s Thomas Cook Partners with Fintech Firm to Offer Pay-Per-Day Travel Cover
Jan 17 2018 // British travel company Thomas Cook has partnered with fintech firm Revolut to launch a “pay-per-day” travel insurance service which automatically provides users with medical cover by tracking their location...
Deutsche Bank Forms Bancassurance Partnership with Digital Broker Friendsurance
Jan 16 2018 // Deutsche Bank and digital insurance broker Friendsurance have formed a partnership designed to make it simpler and more transparent and convenient for clients to arrange for their insurance needs. To drive this, Deutsche...
E&S Exit: State Auto’s Rockhill Sells Environmental Insurance Renewals to CapSpecialty
Jan 16 2018 // Capitol Indemnity Corp., a wholly-owned subsidiary of CapSpecialty Inc., said it has acquired the renewal rights to Rockhill Insurance Group’s excess and surplus environmental insurance book of business. Rockhill is...
Insurance Center of New England Acquires Massachusetts’ Eastman & Davis
Jan 16 2018 // Insurance Center of New England (ICNE), based in Agawam, Mass., has added Eastman & Davis Insurance Agency of West Springfield, Mass., to its company. ICNE is a privately-owned and independent insurance agency with...
Randall & Quilter Sells Insurance Services & Captive Mgmt. Operations to Davies Group
Jan 16 2018 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced the sale of its Insurance Services and Captive Management Operations to Davies Group, a London-based operations management, consultancy and digital...
Arthur J. Gallagher & Co. Acquires Houston’s AquaSurance
Jan 12 2018 // Arthur J. Gallagher & Co. announced it has acquired AquaSurance LLC in Houston, Texas. Terms of the transaction were not disclosed. Founded in 2002 by Harry Peyton and Marshall Schoth, AquaSurance is a...
Hub International Acquires P/C Book from Montreal Broker Daniel Picard
Jan 12 2018 // Hub International Ltd. (Hub), the Chicago-based insurance brokerage, announced it has acquired a property and casualty insurance book of business from Montreal broker Daniel Picard. Terms of the acquisition were not...
General Star, Norman-Spencer Partner on Online Program for Real Estate Appraisers
Jan 12 2018 // General Star Management Co. has launched an online individual real estate appraisers program. General Star will partner with Norman-Spencer Agency, Inc., the program administrator. The online appraisers program provides...
Former Beecher Carlson Exec Tofil Joins Prime Risk Partners in Atlanta
Jan 12 2018 // Prime Risk Partners has added J. Scott Tofil to the company as executive vice president and chief financial officer. Tofil succeeds Robert Schneider, who remains as a consultant to the company. Tofil began his career as a...
Homeowners Insurtech Hippo Partners with Spinnaker to Expand into States
Jan 11 2018 // California-based insurtech company Hippo has formed a strategic partnership with Spinnaker Insurance Co. to expand its product offerings into new states. Hippo offers homeowners insurance through an online platform, as...
AIG Reported to Have Held Talks to Acquire Voya
Jan 10 2018 // American International Group Inc. may be back in the market for large-scale deals. The insurer was in talks to buy Voya Financial Inc. in a transaction valued at more than $10 billion before negotiations fell apart in...
UK Broker Beach & Associates to Be Acquired by Michigan-Based Acrisure
Jan 10 2018 // London-based broker Beach & Associates announced Acrisure LLC has agreed to acquire 100 percent of the company’s equity from existing shareholders. These shareholders include Aquiline Capital Partners, a private...
Allianz Suisse to Buy DAS Switzerland from Munich Re’s ERGO
Jan 10 2018 // Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The acquisition will...
AXIS Capital Aligns Lloyd’s Agency Platforms After Its Acquisition of Novae
Jan 9 2018 // AXIS Capital Holdings Ltd. announced it has received authorization from Lloyd’s for AXIS Managing Agency Ltd. to commence the management and oversight of Novae Syndicate 2007 and SPS 6129 after its acquisition of...
Wintaai Holdings Acquires Louisiana’s Stonetrust Commercial Insurance
Jan 8 2018 // Wintaai Holdings Ltd., a wholly-owned subsidiary of Chou Associates Management Inc., has completed its acquisition of Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, Louisiana. Wintaai...
American Enterprise Group Acquires Utah-Based Great Western Insurance
Jan 5 2018 // American Republic Insurance Co. has signed an agreement to acquire Great Western Insurance Co. Terms of the deal were not disclosed, and the deal is subject to customary closing conditions, including regulatory...
Swan Joins ONI Risk Partners as Commercial Risk Adviser in Indiana
Jan 5 2018 // ONI Risk Partners in Evansville, Indiana, has added Dave Swan as a commercial risk adviser. Swan focuses on the identification, assessment, and management of the overall impact and cost of risk to his mid-to-large...
Partner Re’s Walker Retires; Goldie Named CEO of P/C; Clarke Heads Specialty Lines with Haft
Jan 5 2018 // Bermuda’s PartnerRe Ltd. announced that Charles Goldie, formerly CEO of Specialty Lines, has been appointed CEO of Property & Casualty, following the retirement of Tad Walker who previously filled that...
Oklahoma’s Mid-Continent to Acquire Tank Owner Members Insurance Renewal Rights
Jan 4 2018 // Tulsa, Oklahoma-based Mid-Continent Group, a member of Great American Insurance Group, has completed a renewal rights agreement with Tank Owner Members Insurance Company (TOMIC) to acquire TOMIC’s book of...
Ryan Specialty Group to Acquire New York’s Kerwick & Curran
Jan 4 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Kerwick & Curran Inc. (K&C), a wholesale insurance brokerage with offices in Tarrytown and Melville, N.Y. Terms of...
