Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Seeman Holtz P&C Acquires Federal Employee Insurance Business in Oklahoma
Apr 6 2018 // Seeman Holtz Property & Casualty Inc. has acquired the federal employee insurance business of Federal Employee Services LLC in Edmond, Oklahoma. Federal Employee Services provides coverages to both civil service and...
New York’s Kaufman Dolowich & Voluck Adds Three D&O Liability Partners
Apr 5 2018 // Kaufman Dolowich & Voluck LLP (KDV), a national law firm headquartered in Woodbury, N.Y., is expanding its Insurance Coverage & Litigation Practice with the addition of three directors and officers liability...
Alliant Acquires Dumortier Risk Management in California
Apr 4 2018 // Alliant Insurance Services Inc. has acquired Dumortier Risk Management Inc., a Los Angeles, Calif.-based insurance brokerage firm that specializes in hospitality risk management. Terms of the deal were not disclosed. Chris...
Alera Group Acquires Rich & Cartmill in Colorado
Apr 4 2018 // Alera Group has acquired Rich & Cartmill Insurance of Colorado. Terms of the deal were not disclosed. Rich & Cartmill offers services including property insurance, general liability, commercial auto and...
Cook Maran & Associates Acquires New Jersey’s Rosenthal Insurance Group
Apr 4 2018 // Cook Maran & Associates (Cook Maran) has acquired Rosenthal Insurance Group Inc. (Rosenthal). Cook Maran is a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners...
IAT Insurance Group Agrees to Acquire New Jersey’s IFIC Surety Group
Apr 4 2018 // IAT Insurance Group (IAT) has reached a definitive agreement to acquire IFIC Surety Group Inc. for an undisclosed amount. The acquisition signals IAT’s entry into the surety market. The closing of the transaction is...
Deductibles: Pest or Partner?
Apr 4 2018 // Stop me when you’ve heard this story before. A customer calls to report a claim. It’s a small business and they have a few delivery trucks running around their city. One of them was backing out of a...
Hub International Acquires Ontario-Based The Benefits Co.
Apr 3 2018 // Hub International Ltd., a Chicago-based insurance brokerage, announced it has acquired the shares of The Benefits Co. Inc. (TBC). Terms of the acquisition were not disclosed. Headquartered in Windsor, Ontario, TBC assists,...
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...
