Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Bedrock Insurance to Acquire Ashmere Insurance, Unit of Struggling Patriot National
Nov 28 2017 // Bedrock Insurance Group Holdings LLC (BIGH), based in New York, has agreed to acquire Deerfield Insurance Holdings Inc. and its operating subsidiary Ashmere Insurance Co. (AIC), a workers’ compensation specialty...
ONI Risk Partners Acquires Indiana’s HBG Insurance & Bonds
Nov 28 2017 // Indianapolis-based independent insurance broker, ONI Risk Partners (ONI), is acquiring HBG Insurance & Bonds (HBG), a privately owned agency based in Greencastle, Indiana. Led by President Rick Bittles, the HBG team...
Tribal First Acquires American Indian Health Services in Washington
Nov 28 2017 // Tribal First, a division of Alliant Specialty Insurance Services Inc., has acquired American Indian Health Services. Brendan McKenna, president of AIHS, and his team will join Alliant and continue to serve clients from its...
Heritage to Acquire Rhode Island’s Narragansett Bay Insurance
Nov 28 2017 // Heritage Insurance Holdings Inc., a Clearwater, Fla.-headquartered property/casualty insurance holding company, has secured regulatory approval from the Rhode Island Department of Business Regulation to acquire NBIC...
Chubb Forms Partnership with China’s Largest P/C Insurer, PICC
Nov 27 2017 // Giant insurer Chubb Limited has entered into a 10-year strategic cooperation agreement with PICC Property & Casualty Company of China that will provide PICC’s customers and other Chinese-affiliated companies...
Hub International Acquires the Assets of Massachusetts’ Summit
Nov 27 2017 // Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Summit Financial Corporation and Summit Financial Insurance Agency Inc. (Summit). Terms of the acquisition were not...
The Carlyle Group to Acquire Dallas-Based BenefitMall
Nov 21 2017 // The Carlyle Group, a global alternative asset manager, is acquiring Dallas-based BenefitMall, a provider of employee benefits and payroll services to small and medium sized businesses across the U.S., from an investor...
Pennsylvania’s KMRD Partners Works Hard to Never Stop Improving
Nov 21 2017 // One of the first messages that appears on KMRD Partners Inc.’s website is a slogan that says, “We never stop improving for you.” The Warrington, Penn.-headquartered, boutique risk management and human...
Pen Underwriting Builds on QBE Partnership with Irish P/C Capacity Deal
Nov 20 2017 // Pen Underwriting has extended its strategic relationship with QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the highly specialist area of hazardous goods & environmental...
Markel Finalizes Acquisition of State National Companies
Nov 17 2017 // Markel Corp. has completed its previously announced acquisition of State National Companies, a specialty provider of property/casualty insurance services that operates two core businesses, program services and lender...
EU Wants Insurers to Plug Investment Gap, but Bank Partners Needed: Regulator
Nov 17 2017 // Efforts to get insurers to plug Europe’s investment gap by backing riskier assets could be undermined if banks are unwilling to share crucial credit data with them, a European Union insurance regulator said. EU...
The Hilb Group Acquires David Hill and Associates of North Carolina
Nov 17 2017 // The Hilb Group, LLC (THG) has acquired David Hill & Associates, Inc. (DHA) of Wilmington, N.C. DHA will be joining the existing Hilb Group office in Wilmington to build an expanded benefits practice. DHA represents...
The Hilb Group Acquires Majority of Assets from New Jersey’s IOA Northeast NY Inc.
Nov 16 2017 // The Hilb Group LLC (THG) has acquired the majority of the assets of IOA Northeast NY Inc. (IOANE), a division of IOA National Inc. The transaction became effective November 1, 2017. Located in Florham Park, N.J., IOANE...
Brand Strength, Serial Acquirers to Drive Next Wave of Insurance M&As: Willis Towers Watson
Nov 16 2017 // Fewer insurance mergers and acquisitions (M&As) are being completed these day but those that are completed are of a higher value, according to a survey by global broker Willis Towers Watson in conjunction with M&A...
The Hilb Group Acquires Massachusetts’ HR Knowledge
Nov 15 2017 // The Hilb Group LLC (THG) has acquired HR Knowledge (HRK) in a transaction that became effective November 1, 2017. HRK is THG’s 40th acquisition since it was founded in 2009 and its 10th acquisition this year. Located...
France’s AXA to Focus on M&A in 16 Countries; Eyes Sale of Some Non-Core Assets
Nov 14 2017 // French insurer AXA will narrow its acquisition focus to 16 key countries and could sell some assets in markets where it lacks scale, its executives said on Tuesday. “We want to focus on fewer countries. We want to...
Alera Group Acquires Illinois Professional Liability Broker, Flagship Healthcare
Nov 14 2017 // Deerfield, Illinois-based Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Flagship Healthcare, a physician-owned insurance brokerage specializing...
Arthur J. Gallagher Acquires Associated Insurance Services in California
Nov 14 2017 // Arthur J. Gallagher & Co. has acquired Westlake Village, Calif.-based Associated Insurance Services Inc. Terms of the deal were not disclosed. Michael C. Creswell, Tim McClain, Megan B. Gaines and their associates will...
NIF Group Acquires Connecticut’s Agency Intermediaries and Massachusetts’ A.I.I.
Nov 14 2017 // NIF Group Inc. (NIF), a wholesale broker, program administrator and managing general agency, and its parent company JenCap Holdings LLC (JCH) have agreed to acquire privately held Agency Intermediaries Inc. and A.I.I....
Seeman Holtz Property & Casualty Acquires Check Out Insurance in Dallas
Nov 13 2017 // Boca Raton, Florida-based Seeman Holtz Property & Casualty Inc. has acquired Check Out Insurance LLC, headquartered in Dallas. Check Out Insurance will be joining the Primera Capital team to bring a solid book of...
