Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
World Insurance Associates Acquires Alamo Insurance in New Jersey
Feb 2 2016 // World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, announced that it has acquired Alamo Insurance Services Inc. of Toms River, New Jersey. Terms of the transaction were not...
Hyperion Unit, RKH Specialty, Acquires UK Surety Broker, PMG
Feb 1 2016 // Specialty lines broker, RKH Specialty, part of the Hyperion Insurance Group, has acquired the UK’s largest independent specialist Surety broker, PMG Financial Services Ltd., subject to regulatory approval. Barnaby...
Chubb Launches Cyber Response Partnership with Crawford for Clients in Europe
Feb 1 2016 // Chubb has launched a new partnership with Crawford & Co., as it continues to invest in building its cyber enterprise risk management capabilities. A global leader in claims and crisis management, Crawford & Co....
Tompkins Insurance Acquires Shepard, Maxwell & Hale in New York
Jan 29 2016 // Tompkins Financial Corporation, a financial services company headquartered in Ithaca, New York, announced that its insurance agency subsidiary, Tompkins Insurance Agencies Inc., has acquired Shepard, Maxwell & Hale...
Patriot National Acquires Mid Atlantic Insurance Services in Virginia
Jan 29 2016 // Patriot National Inc., a workers’ compensation outsourcing services firm based in Fort Lauderdale, Florida, announced that it has acquired Mid Atlantic Insurance Services, a wholesale commercial insurance broker and...
SIAA Partners with LifeLock to Offer Identity Protection Services
Jan 29 2016 // SIAA (Strategic Insurance Agency Alliance), a nationwide insurance agency alliance, has formed a national partnership with identity protection provider LifeLock. Under the partnership, SIAA member agencies can refer their...
M&A to Intensify as Insurers Hunt for Top-Line Growth: Willis Towers Watson
Jan 28 2016 // The competition for attractive assets will intensify in the next three years as the majority of insurers (82 percent) plan to acquire, while only one-third intend to divest, according to a survey of senior insurance...
Funding Plan for Arkansas Fire Departments Proposed by Lawmakers
Jan 26 2016 // Two Arkansas legislators hope the state finds a way next year to distribute excess state funds to volunteer fire departments that suffer funding shortages, impacting the purchase and repair of equipment. The Quail Creek...
Kaplansky Insurance Acquires Doherty & White Insurance in Massachusetts
Jan 26 2016 // Kaplansky Insurance, an independent agency based in Needham, Massachusetts, announced that it has acquired Doherty & White Insurance Agency in Quincy, Massachusetts. Terms of the transaction were not...
The Zebra Is Latest Insurance ‘Disrupter’ to Attract Funding
Jan 26 2016 // The Zebra, an online auto insurance comparison company, said it has closed $17 million in Series A funding with investment from Mark Cuban, Mike Maples Jr. (of Twitter and Lyft), Simon Nixon (of Moneysupermarket),...
USI Insurance Services Acquires CBDI in New Jersey
Jan 25 2016 // USI Insurance Services announced Monday that it has acquired CBDI Inc., an employee benefits wholesale brokerage operation based in Mount Laurel, New Jersey. Terms of the transaction were not disclosed. CBDI will become...
Allianz to Buy Aegon’s Commercial P&C Portfolio in the Netherlands
Jan 22 2016 // Allianz has agreed to acquire the commercial P&C portfolio of Aegon in the Netherlands. Details of the transaction were not disclosed. Allianz’s P&C market share in the Netherlands will rise from 4.4 percent...
Swiss Re & Partners Unveil Initiative to Speed Economic Recovery After Cat Event
Jan 22 2016 // Swiss Re Corporate Solutions Ltd. and Veolia have joined forces, under the auspices of The Rockefeller Foundation, to launch an infrastructure recovery initiative to speed up economic recovery in the aftermath of...
UK’s Aviva to Buy Royal Bank of Canada Unit for North America Expansion
Jan 21 2016 // Aviva Plc, the U.K.’s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase will increase...
Radford Named VP, Human Resources Business Partner at CNA
Jan 21 2016 // Chicago-based property/casualty insurer CNA appointed Sean Radford to vice president, Human Resources Business partner. Radford joined CNA in 2014 as director in HR’s Talent and Leadership Development team, where he...
Aspen Acquires Crop Insurer AgriLogic
Jan 20 2016 // Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services and certain affiliates for cash in a transaction that further diversifies Aspens’s specialty insurance business. AgriLogic, headquartered in...
Florida-Based BKS-Partners Promotes Desmarais to Benefits Director
Jan 20 2016 // Kristy Desmarais Baldwin Krystyn Sherman Partners (BKS-Partners) has promoted Kristy Desmarais to Benefits director. As Benefit’s director, Desmarais is responsible for the strategic planning and execution of...
Hub Acquires Assets of North Carolina-Based RPG Solutions
Jan 19 2016 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of RPG Solutions, Inc. (RPG) of North Carolina. Terms of the acquisition were not disclosed. Based in Raleigh, RPG specializes in...
AssuredPartners Acquires Roehrs & Co. in Pennsylvania
Jan 19 2016 // AssuredPartners Inc. announced that it has acquired Roehrs & Company Inc., an independent agency based in Exton, Pennsylvania. Terms of the transaction were not disclosed. Roehrs & Company was founded in 1923 by...
Texas-Based American Underwriting Managers Acquired by U.S. Risk
Jan 15 2016 // U.S. Risk Insurance Group Inc., has acquired Southlake, Texas-based managing general agency and wholesale insurance broker, American Underwriting Managers (AUM). For 17 years AUM has served the needs of retail insurance...
