Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Startup Next Insurance Closes Funding Round Worth $35 Million with Amex Aboard
Jun 21 2017 // Next Insurance, a digital insurance agency for small to medium businesses, announced that American Express Ventures has joined its previously announced Series A Round led by Munich Re/HSB Ventures. In May, Next reported...
Legacy Specialist Compre to Acquire Irish Captive Insurer Equinox CA Europe
Jun 20 2017 // Compre, the independent insurance and reinsurance legacy specialist, today announces it has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin. The...
Kaplansky Insurance Acquires Gath Insurance in Massachusetts
Jun 20 2017 // Kaplansky Insurance, an independent, locally owned insurance agency based in Needham, Mass., has acquired Gath Insurance Agency in Lowell, Mass. Gath Insurance provides a range of insurance services to both personal and...
EPIC Insurance Brokers and Consultants Acquires Connecticut’s After Inc.
Jun 20 2017 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has acquired After Inc., a product warranty analytics firm based in Norwalk, Conn. The...
Seeman Holtz Acquires Direct Choice in California
Jun 20 2017 // Seeman Holtz Property and Casualty Inc. has acquired Stevenson Ranch, Calif.-based Direct Choice Insurance. With Colby Singer at helm, his team specializes in helping clients find the lowest possible rates for auto, home,...
7 Tips for Start-ups Partnering with Incumbent Insurers: Trōv Founder Walchek
Jun 20 2017 // Trōv is a tech start-up that’s introducing the world to a new way to insure their things: on-demand for any duration, entirely from a smartphone. We’ve had to reinvent the insurance value-chain — from...
DTRT Insurance Group Acquires Insurance Authority of Florida
Jun 20 2017 // DTRT Insurance Group, Inc. (Do The Right Thing) has acquired Insurance Authority, Inc., a retail property and casualty insurance brokerage firm based in Sunrise, Fla. Insurance Authority has been serving the residents of...
Biglari Holdings Inc. to Acquire Pacific Specialty Insurance Co. in California
Jun 19 2017 // Biglari Holdings Inc. and Pacific Specialty Insurance Co. announced a definitive agreement for a subsidiary of Biglari Holdings to acquire all of the outstanding shares of the parent company of California-based Pacific...
Arrowhead Acquires TriCoast Insurance Services in California
Jun 19 2017 // Brown & Brown subsidiary Arrowhead General Insurance Agency Inc. has acquired substantially all of the assets of Camarillo, Calif.-based TriCoast Insurance. The announcement was made on Monday by J. Scott Penny, chief...
Arkansas Insurance Regulators OK Allied World, Vantapro Specialty Acquisition
Jun 19 2017 // The Arkansas Insurance Department has approved the acquisition of two domestic affiliated companies, Allied World Surplus Lines Insurance (AWSLIC) and Vantapro Specialty Insurance Co., by Swiss and Canadian...
Texas-Based Atlas Resource Partners Faces Federal Age Bias Suit
Jun 16 2017 // A federal agency has charged a Fort Worth, Texas-based company with discrimination for firing an experienced production foreman fired because of his age. The U.S. Equal Employment Opportunity Commission (EEOC) said it has...
Anbang Insurance’s $30 Billion in Acquisitions Draw Scrutiny to Its Finances
Jun 14 2017 // Founded as a provincial auto insurer, Anbang Insurance burst from obscurity with a $2 billion bid for New York’s Waldorf-Astoria Hotel in 2014, casting the company and its ambitious chairman as flagbearers for a new...
Seeman Holtz Acquires Wisconsin’s Vincent, Urban, Walker & Assoc.
Jun 13 2017 // Seeman Holtz Property and Casualty Inc. has acquired Vincent, Urban, Walker & Associates, an independent insurance agency headquartered in Green Bay, Wis. Doug Walker and his partners at Vincent, Urban, Walker &...
Private Brokers More Active But Private Equity Still Leads in Agency Acquisitions
Jun 13 2017 // Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among the most active players in agency mergers and acquisitions, according to...
J.M. Wilson Acquires Assets from Klinger Associates in Indianapolis
Jun 12 2017 // J.M. Wilson has acquired assets from Klinger Associates Inc., an Indianapolis-based wholesale insurance broker. The acquisition will allow J.M. Wilson to increase its brokerage business. The J.M. Wilson brokerage...
Compre Acquires Ireland-Based Captive Equinox CA Europe
Jun 12 2017 // Specialist insurer Compre has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin, in a legacy transaction. The Ireland-based captive insured the...
AmTrust Sells Shares in National General Holdings for $212 Million
Jun 9 2017 // AmTrust Financial Services Inc. said it has agreed to sell shares it owns in National General Holdings Corp. for approximately $211.7 million. AmTrust has agreed to sell 10,586,000 common shares of NGHC at a price of...
Worley Acquires Massachusetts’ Apex Claims Service
Jun 9 2017 // Worley Claims Services LLC (Worley), a provider of insurance claims services in the U.S., has acquired Apex Claims Service of New England LLC (Apex), a provider of daily and catastrophe commercial and residential property...
QBE, Arrowhead Partner on Small Commercial Insurance Program
Jun 8 2017 // Arrowhead General Insurance Agency has been selected as the program administrator for QBE North America’s small commercial insurance portfolio, consisting of property and casualty business accounts under $100,000 in...
Hub International Limited Acquires New York’s Brady Insurance Planning
Jun 8 2017 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Brady Insurance Planning (Brady). Terms of the acquisition were not disclosed. Based in East Norwich, N.Y., Brady is an employee...
