Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
THG Acquires Group Benefits Division of Massachusetts-Based S&W
Mar 1 2017 // The Hilb Group LLC (THG), an insurance agency headquartered in Richmond, Va., has acquired the group benefits division of Massachusetts-based Sapers & Wallack Inc. (S&W). The transaction became effective February...
BGC Partners Buys Lloyd’s Broker Besso Insurance
Mar 1 2017 // BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London...
Gallagher Buys Australia’s Ace IRM Insurance Broking Group
Mar 1 2017 // Itasca, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of Ace IRM Insurance Broking Group, located in Beenleigh, Queensland, Australia. The terms of the transaction were not disclosed. Founded in 1981,...
Zurich, Deloitte Partner on Cyber Risk Services for Clients
Mar 1 2017 // Zurich North America and Deloitte have collaborated to provide services aimed at educating and protecting customers from cyber related risks. Initial offerings include risk transfer options provided by Zurich and risk...
Nigeria Insurers Receptive to M&A as Economy Contracts
Feb 28 2017 // Nigeria’s insurance industry is poised to enter a period of consolidation as companies struggle to raise cash to meet new regulatory requirements amid the worst economic contraction in more than two decades. With...
Verisk Analytics Buys UK-Based Emergent Network Intelligence
Feb 28 2017 // Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired Emergent Network Intelligence (ENI), an innovator in insurance claims efficiency and fraud detection solutions based in...
Intesa Abandons Plans to Buy Generali, Citing Lack of Shareholder Value
Feb 27 2017 // Italy’s biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country’s largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders. A...
Ryan Specialty Group to Acquire Trident Marine Managers
Feb 24 2017 // RSG Underwriting Managers (RSGUM) announced an agreement to acquire Trident Marine Managers Inc. and related claims adjusting affiliates (Trident), headquartered in Houston. Trident is a specialty marine managing general...
BKS Partners in Florida Partners With D&M Insurance Solutions
Feb 24 2017 // Tampa, Fla.-based insurance brokerage Baldwin Krystyn Sherman Partners (BKS) has partnered with D&M Insurance Solutions, LLC (D&M), a Clearwater, Fla.-based insurance consulting and brokerage firm. The partnership...
Avant Acquires Kansas-Based Supermarket Insurance Group
Feb 23 2017 // Avant LLC has purchased Supermarket Insurance Group (SIG), based in Overland Park, Kansas. SIG is a property/casualty insurance provider to the supermarket niche in the U.S. with a concentration in the Midwest. SIG is led...
Arthur J. Gallagher Acquires Wisconsin’s Kelly Financial
Feb 23 2017 // Arthur J. Gallagher & Co. has acquired Madison, Wisconsin-based Kelly Financial Inc. Terms of the transaction were not disclosed. Founded in 1957 by John M. Kelly and incorporated in 1994 by Scott Kelly, Kelly...
AXA Chief Rules Out Major Acquisitions Such as Generali
Feb 23 2017 // AXA has reached a “critical size” and is ruling out major acquisitions such as Italy’s Generali, the French insurer’s chief executive Thomas Buberl said on Thursday. It is managing risks relating to...
Hub International Acquires Assets of Employer Resource Group in California
Feb 22 2017 // Hub International Ltd. has acquired the assets of Employer Resource Group Financial & Insurance Services Inc. in Torrance, Calif. Terms of the deal were not disclosed. Tim Dickins, ERG founder and CEO, will join Hub...
US-Reports and Canadian Reports Merger Creates Colorado Risk Solutions Firm
Feb 22 2017 // H.W. Kaufman Financial Group has combined US-Reports and Canadian Reports, rebranding both companies under the name Afirm, which is based in Fort Collins, Colo. The merger will continue their global presence and allow a...
Willis Towers Watson Plans to Acquire French Aviation Broker, OAAGC
Feb 22 2017 // Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was...
All Risks Acquires American Management Advisors in Pennsylvania
Feb 22 2017 // All Risks Ltd., an independent wholesaler based in Hunt Valley, Md., has announced the acquisition of American Management Advisors Inc. (AMA) located in Pennsylvania. Terms of the transaction were not disclosed. Following...
Houston’s Insgroup Acquires Benefits Firm, The Fawcett Group
Feb 21 2017 // Houston-based Insgroup Inc. (Insgroup) has acquired The Fawcett Group (Fawcett), a firm specializing in employee benefit plan brokerage and consulting to emerging and mid-market businesses, as well as not-for-profits. Jan...
RSA Global Network Expands African Service by Extending Globus Partnership
Feb 21 2017 // Leading international insurer RSA can now service multinational customers in five more African countries after extending an existing partnership with Africa-based insurance network, Globus. Founded in 2007, Globus Network...
Verisk Buys Healix Risk Rating, UK-Based Medical Risk Assessment Firm
Feb 17 2017 // Verisk Analytics has snatched up Healix Risk Rating, a company focused on automated medical risk assessment for the travel insurance ratings.Financial terms were not disclosed, although the deal is designed to expand...
Hub International Acquires Assets Denali Alaskan Insurance
Feb 16 2017 // Hub International Ltd. has acquired the assets of Denali Alaskan Insurance LLC, a wholly owned subsidiary of Denali Federal Credit Union. Terms of the deal were not disclosed. Anchorage, Alaska-based DAI specializes in...
