Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses
Aug 1 2024 // Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will...
Ardonagh’s Geo Underwriting to Buy Navigators & General From Zurich UK
Aug 1 2024 // Geo Underwriting, the managing general agency and subsidiary of Ardonagh Advisory, announced it will acquire Navigators & General (N&G) from Zurich UK. Financial details of the deal were not disclosed. Founded in...
Insurance Broker Miller Acquires Swiss Reinsurance Capital Advisory Business
Aug 1 2024 // Miller, the London-based independent specialist re/insurance broker, announced the acquisition of reinsurance capital advisory business 4809 Brokers AG. Financial details were not disclosed. As its third Continental...
CBIZ to Acquire Accounting Firm Marcum in $2.3 Billion Deal
Aug 1 2024 // Financial services and insurance provider CBIZ said on Wednesday it would buy Marcum, one of the biggest accounting services providers in the United States, in a $2.3 billion cash-and-stock deal. The accounting market in...
AXA IM Prime Buys 20% Stake in French Private Credit Firm Rivage
Jul 30 2024 // A unit of AXA Investment Managers has agreed to acquire a minority stake in Rivage Investment, a specialist private credit firm focused on infrastructure debt that oversees more than €7.7 billion ($8.3 billion) in...
Cowbell Secures $60M Series C Funding From Zurich
Jul 30 2024 // Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced on July 26 that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a global multiline...
Insurance Comparison Site The Zebra Buys Marble
Jul 30 2024 // Personal lines insurance comparison site The Zebra said it has acquired Marble, a digital platform for managing and saving on insurance. The acquisition is effective as of July 25, 2024. Terms of the deal, the first in The...
Confie Acquires Insurance Agencies in Texas, Florida, North Carolina
Jul 30 2024 // Confie, a California-based personal lines distributor, has acquired three insurance agencies in the South, the firm said last week. Affordable Insurance in Hendersonville, North Carolina; US1 Insurance in Miami; and...
Brown & Brown Agrees to Buy Dutch Insurance Broker, Quintes Holding B.V.
Jul 29 2024 // Brown & Brown Inc. announced it has entered into an agreement to acquire Quintes Holding B.V., a Netherlands-based insurance group. Brown & Brown acquired Quintes from the private investment firm Aquiline Capital...
Update: Legacy Acquisition Specialist Enstar to Be Acquired by Sixth Street for $5.1B
Jul 29 2024 // Investment firm Sixth Street will acquire Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, for $5.1 billion, according to Enstar in an announcement. Liberty Strategic Capital (a private equity company...
Business Moves: NFP, Clear Group, and Strategic Risk Group Complete 4 Acquisitions
Jul 26 2024 // Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July. In reverse chronological order, the acquisitions are listed as follows: NFP, the New York-based insurance broker and...
ALKEME Acquires Georgia’s Morris & Templeton Agency
Jul 26 2024 // ALKEME, a national insurance broker, has acquired Morris & Templeton in Savannah, Georgia, expanding ALKEME’s footprint in the Southeast. Morris & Templeton was founded in 1981, offering commercial and...
PCF Acquires Texas’ Montalvo Insurance Agency
Jul 26 2024 // PCF Insurance Solutions announced it has acquired the insurance business of Weslaco, Texas-based Montalvo Insurance Agency. Montalvo offers personal and commercial insurance coverage including homeowners, auto, general and...
BHP Must Stop Funding Legal Action to Halt Mariana Dam Claim, London Court Rules
Jul 24 2024 // BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion-pound claim over one of Brazil’s worst environmental disasters, London’s High Court ruled on...
Jewelers Mutual Acquiring Union Life & Casualty Insurance Agency in Arizona
Jul 24 2024 // Jewelers Mutual Group acquired Union Life & Casualty Insurance Agency in Phoenix, Arizona. JM Insurance Agency Partners Inc., a Jewelers Mutual Group company, will join with UL&C. UL&C has been in the insurance...
NFP Acquires Louisiana’s Southern Insurance Agency
Jul 24 2024 // NFP, an Aon company and property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, announced the acquisition of Southern Insurance Agency LLC (SIA), a commercial property and casualty...
Applied Systems Acquires Insurance AI Platform Planck
Jul 24 2024 // Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry. Planck provides an AI-based data platform for commercial insurance. It...
Tropolis Acquires Three Insurance Agencies in Southeastern Michigan
Jul 23 2024 // Unity Partners, a principles-based private equity firm, and Tropolis, an Ann Arbor, Mich.-based insurance brokerage that provides property & casualty and employee benefits solutions, announced that Tropolis has...
Hub Acquires Wade Associates in North Carolina
Jul 23 2024 // Hub International Ltd., a global insurance brokerage and financial services firm, has acquired Wade Associates, an independent agency with offices in North Carolina. Wade has specialized in property/casualty insurance for...
British Insurers Propose Green Infrastructure Funding Model
Jul 23 2024 // Britain’s insurers set out plans on Monday on how to channel billions of pounds freed up from their safety buffers into infrastructure such as EV charging stations to boost growth. The new Labour government in...
