Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
G.F.H. Insurance Acquires Peyton, Cheely and Woodle Insurance in Virginia
Jul 25 2017 // G.F.H. Insurance Agency Inc., a Richmond, Va.-headquartered insurance broker, has acquired Peyton, Cheely and Woodle Insurance of Richmond, Va., effective June 12, 2017. Terms of the acquisition were not disclosed. Peyton,...
Aetna Acquires Bupa Thailand to Expand in Asia Health Insurance
Jul 25 2017 // Aetna Inc. announced it has acquired UK-based Bupa Group’s Thai business, Bupa Thailand, for an undisclosed sum. The acquisition will significantly increase Aetna’s presence in Asia, and is key to the...
Ryan Specialty Group to Acquire N-Surance Outlets of Georgia
Jul 25 2017 // Ryan Specialty Group, LLC, announced it has reached a definitive agreement to acquire N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. NSO will become...
Crest Insurance Group Acquires Troon in Arizona
Jul 24 2017 // Crest Insurance Group LLC has acquired Tucson, Ariz.-based Troon Insurance Services. Terms of the deal were not disclosed. Troon was founded by Clebern Best and has been serving the Greater Phoenix area for 20 years. Crest...
Q2 Insurtech Funding Rises to $1B: Willis Towers Watson/CB Insights Report
Jul 24 2017 // Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson...
General Indemnity Group Acquires Kansas’ Surety Support Services
Jul 20 2017 // General Indemnity Group LLC (GIG), a subsidiary of Boston Omaha Corp., has acquired Surety Support Services Inc., of Overland Park, Kansas. Tracing its origins back almost 40 years, Surety Support Services (SSS) provides...
Talanx Acquires Generali’s Colombian Businesses for €30M (US$34.6M)
Jul 20 2017 // Talanx has acquired Generali Colombia Seguros Generales S.A. and its life insurance subsidiary, Generali Colombia Vida Compañia de Seguros S.A., for approximately €30 million (US$34.6 million) Generali explained that...
JenCap Holdings Acquiring Michigan’s Special Risks Facilities
Jul 19 2017 // JenCap Holdings LLC has agreed to acquire privately held Special Risks Facilities Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan. Special Risks was formed...
MarshBerry Adds Barber as Talent Acquisition Manager
Jul 19 2017 // Woodmere, Ohio-based MarshBerry has hired Bob Barber as a talent acquisition manager. His responsibilities include overseeing a team of direct reports to source and screen high quality sales professionals for the role of...
Starr Buys Stake in Small Business Insurtech CoverWallet
Jul 19 2017 // Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial terms were...
London MGA Nexus Acquires U.S.-Based Treaty MGA from ZON Re
Jul 19 2017 // Specialty insurance managing general agent Nexus Group said it has acquired the assets of Personal Accident Treaty Reinsurance MGA operated by ZON Re, a U.S. based treaty reinsurance managing underwriter and Lloyd’s...
Allianz Forms Online Aircraft Insurance Partnership with Insurtech Firm Visicover
Jul 19 2017 // Allianz Global Corporate & Specialty (AGCS) announced it has formed a partnership agreement with insurtech company, Visicover. Visicover’s existing and new aeroplane and helicopter insurance products now will be...
Massachusetts’ Kaplansky Insurance Hires Wolberg as VP of M&A
Jul 18 2017 // Kaplansky Insurance, a Needham, Mass.-based insurance agency, has appointed David Wolberg as vice president of mergers and acquisitions (M&A). Wolberg brings with him experience from the sell-side of mergers and...
Morse Insurance Agency Acquires Quaglia Insurance in Massachusetts
Jul 17 2017 // Morse Insurance Agency Inc. has acquired Quaglia Insurance in Attleboro, Mass. “While clients may experience a few small differences in process and procedures, our ultimate goal is to make the transition seamless...
PartnerRe Taps Google’s Burkel as Chief Corporate & People Operations Officer
Jul 14 2017 // PartnerRe Ltd. announced that Dorothée Burkel has been appointed to the new position of chief corporate and people operations officer, effective October 2, 2017. As a member of PartnerRe’s executive management team,...
EverGuard Buys West-based Anchor Bay’s Restaurant, Bar And Tavern Program
Jul 13 2017 // EverGuard Insurance Services Inc. has acquired Anchor Bay Insurance Managers’ restaurant, bar and tavern program. Anchor Bay is a provider of insurance products to the restaurant, bar and tavern industries in...
Reliance Partners Expands Presence in Northeast with Fourth Office Location
Jul 13 2017 // Reliance Partners, a Chattanooga, Tenn.-based provider of commercial insurance focused on the transportation and logistics space, has announced the opening of its Buffalo, N.Y., location. Rob Anderson will lead the new...
Alliant Acquires New Jersey’s Boynton & Boynton, Continues Northeast Expansion
Jul 13 2017 // Alliant Insurance Services Inc. has acquired Fair Haven, N.J.-based Boynton & Boynton Insurance Professionals in an effort to continue expanding its footprint throughout the northeast region of the U.S. Terms of the...
Alera Group Acquires Group Benefits of Memphis
Jul 13 2017 // Alera Group – an independent insurance agency and independent employee benefits – has acquired Group Benefits LLC of Memphis, Tennessee, effective July 1. Alan Levitz, CEO of Alera, said the company’s strong...
CFC Partners With CyberScout on Specialty Lines Identity Protection Services
Jul 12 2017 // CFC Underwriting has partnered with CyberScout, an identity management and data theft service company, to offer cyber support services to its customers internationally. CyberScout provides CFC customers with help in three...
