Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Insurity Acquires Valen Analytics
Jan 26 2017 // Valen Analytics has been acquired by Insurity, a Connecticut-based company that supplies software, data processing and analytics for property/casualty insurers. Neither side disclosed financial terms. Valen is perhaps best...
H.W. Kaufman Acquires Essential Insurance Services in Colorado
Jan 26 2017 // H.W. Kaufman Financial Group has acquired Colorado-based Essential Insurance Services Inc. Terms of the deal were not disclosed. Essential Insurance Services will become part of US-Reports, Kaufman’s national...
Intesa’s Interest in Generali Merger Has ‘No Obvious Logic’: Opinion
Jan 25 2017 // Intesa Sanpaolo SpA’s interest in combining with insurer Assicurazioni Generali SpA has no obvious logic to it. If the lender has a cunning plan to make it work, it needs to reveal it. For now, Intesa says simply...
Intesa Sanpaolo Bank Confirms It Is Eyeing a Merger with Generali
Jan 25 2017 // Intesa Sanpaolo SpA said it’s considering a merger with Assicurazioni Generali SpA, a deal that would reshape Italy’s financial industry by combining its second-biggest bank and largest insurer. “Possible...
H.W. Kaufman Financial Acquires Essential Insurance Services
Jan 25 2017 // Farmington Hills, Mich.-based H.W. Kaufman Financial Group has acquired Essential Insurance Services Inc., a Colorado-based provider of premium audit services, including general liability, worker’s compensation and...
StarStone Partners with Dubai-Based MGA; Swiss Re’s Hussey Appointed
Jan 24 2017 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced a joint venture partnership with Malakite Underwriting Partners Ltd., a managing general agent in Dubai, subject to regulatory...
Neon’s M&A Consortium Raises Capacity to £75 Million
Jan 24 2017 // Neon has expanded its M&A consortium, with capacity increasing from £50 million ($62.2 million) to £75 million ($93.3 million), effective on Jan. 1, 2017. The consortium is led by Neon and is 100 percent backed by...
Kansas City’s Brush Creek Partners Joins TechAssure
Jan 23 2017 // TechAssure, the international nonprofit association of insurance and risk management experts for technology-related risks, has named Kansas City, Mo.-based Brush Creek Partners as a new member. Brush Creek Partners is an...
Opinion: Does an Allianz-Generali Merger Make Sense? Perhaps Not…
Jan 23 2017 // The last time Italian insurer Assicurazioni Generali SpA was rumoured to be in play, the supposed bidder, France’s AXA SA, said such a costly and complex deal would “make no sense at all.” This time, the...
Verisk Analytics Buys UK-Based Arium, a Liability Risk Modeling Firm
Jan 23 2017 // Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, has acquired Arium, an independent company specializing in liability risk modeling and decision support. London-based Arium will become part of...
Risk Strategies Company Acquires Massachusetts’ University Health Plans
Jan 23 2017 // Risk Strategies Company, a privately held national insurance brokerage and risk management firm, has acquired University Health Plans (UHP), a Quincy, Mass., based brokerage firm specializing in student health insurance...
Allianz & Standard Chartered Form Bancassurance Partnership in Asia
Jan 19 2017 // Standard Chartered Bank and Allianz have formed a 15-year bancassurance partnership for the distribution of Allianz’s general insurance products, including travel, personal accident, fire and motor insurance...
USI Acquires Ohio’s Diversified Insurance Service
Jan 19 2017 // USI Insurance Services (USI) has acquired Diversified Insurance Service, a risk management and employee benefits firm headquartered in Elmore, Ohio. Founded in 1948, Diversified Insurance Service provides personal risk,...
Startup Next Insurance Partners with Markel on Insurance Fit for Personal Trainers
Jan 18 2017 // Online small business insurance agency Next Insurance has partnered with specialty insurer Markel Corp. to offer tailored coverage for personal trainers. Next Insurance allows personal trainers to buy a professional and...
NFP Acquires City Securities Insurance in Indiana
Jan 18 2017 // New York-based insurance broker and consultant, NFP, has acquired City Securities Insurance LLC in Indianapolis. The transaction closed on Dec. 30, 2016. City Securities Insurance is a full service property/casualty and...
Aon Completes Acquisition of Brazil Health & Benefits Firm, Admix
Jan 18 2017 // Aon announced it has completed its acquisition of Admix, the São Paulo, Brazil-based health and benefits brokerage and solutions firm. Financial terms were not disclosed. “Admix’s brokerage and operational...
Baldwin Risk Partners Taps Finney to Lead Mainstreet Insurance Group in Tampa
Jan 18 2017 // Baldwin Risk Partners (BRP), a Tampa-based insurance distribution and consulting holding company, has appointed Joe Finney to President, Mainstreet Insurance Group (MIG). MIG is a division of BRP focused on providing...
Leavitt Group Buys BB&H Benefit Designs in California
Jan 17 2017 // Santa Barbara, Calif.-based BB&H Benefit Designs has been purchased by Leavitt Group. Deborah Babineau and Marice McKeegan are the co-owners of the agency. The agency staff, location and contact information remain the...
Hearst Media Buys Work-Loss Data Institute
Jan 17 2017 // The giant media firm Hearst has acquired Work-Loss Data Institute (WLDI), a provider of healthcare data and guidelines to the workers’ compensation industry. Terms of the deal were not disclosed. WLDI will become...
Marsh & McLennan Acquires Southeast Brokerage J. Smith Lanier & Co.
Jan 13 2017 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has signed a definitive agreement to acquire West Point, Ga.-based J. Smith Lanier & Co., one of the nation’s largest,...
