Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
NFP Acquires Vanorsdale Insurance Services in California
Dec 30 2015 // NFP Property & Casualty has acquired San Diego, Calif.-based Vanorsdale Insurance Services Inc. Terms of the deal were not disclosed. The firm’s president, Doug Galloway, will assume the role of director of NFP...
Willis Completes Acquisition of France’s Gras Savoye
Dec 30 2015 // Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, announced the completion of its acquisition of Gras Savoye, the leading French insurance broker. On April 22,...
NFP Acquires Absolute Advantage in Arizona
Dec 29 2015 // NFP Property & Casualty has acquired Lake Havasu City, Ariz.-based Absolute Advantage Insurance Services LLC. The deal transaction closed on Dec. 4. Absolute will operate from the existing NFP office in Lake Havasu...
Oswego Valley Insurance Acquires Banach Insurance in New York
Dec 29 2015 // Oswego Valley Insurance Agencies LLC (OVIA), an independent agency based in Oswego, New York, with five additional offices in the Central New York region, announced that it has acquired Banach Insurance Agency in Pulaski,...
AXA to Buy Liberty Ubezpieczenia, Polish P&C Operations of Liberty Mutual
Dec 28 2015 // AXA announced it will acquire Liberty Ubezpieczenia, the Polish property & casualty operations of Liberty Mutual Insurance Group for 92.3 million Polish Zloty ($23 million), plus the net asset value outstanding as of...
Arthur J. Gallagher & Co. Acquires Australia’s Strathearn Insurance Brokers
Dec 28 2015 // Arthur J. Gallagher & Co. has acquired 100 percent of the capital stock of Strathearn Insurance Group Pty Ltd., headquartered in Perth, Australia. Terms of the transaction were not disclosed. Founded in 1993,...
Pennsylvania’s Donegal Buys Out Activist Investor’s Shares for $70M
Dec 23 2015 // Gregory M. Shepard, an activist investor who’s been a major stockholder of Pennsylvania-based Donegal Group and a frequent critic of the company, has sold off his shares Tuesday, according to securities...
CoreLogic Buys Mississippi-Based Appraisal Software Maker for $475 million
Dec 23 2015 // Real estate information provider CoreLogic is buying Oxford, Miss.-based FNC Inc. for $475 million. CoreLogic, based in Irvine, Calif., announced the purchase Dec. 17, saying it wants to integrate FNC’s real estate...
Arthur J. Gallagher Acquires Georgia-Based Managed Healthcare Solutions
Dec 22 2015 // Arthur J. Gallagher & Co. has acquired Managed Healthcare Solutions, Inc. in Atlanta. Terms of the transaction were not disclosed. Established in 2000, Managed HealthCare Solutions (MHS) provides employee benefit...
Arthur J. Gallagher & Co. Acquires The Hawk Agency in Illinois
Dec 22 2015 // Arthur J. Gallagher & Co. has acquired The Hawk Agency Inc. in Peoria, Ill. Terms of the deal were not disclosed. Thomas D. Fliege and his associates at The Hawk Agency will continue to operate in their current...
Arthur J. Gallagher Acquires Brown Hobbs & McMurray Insurance
Dec 22 2015 // Arthur J. Gallagher & Co. has acquired Brown Hobbs & McMurray Insurance in Urbana, Ill. Terms of the transaction were not disclosed. Founded in 1859, Brown Hobbs & McMurray (BHM) is a retail insurance broker...
Cross Insurance Acquires Knapp Schenck & Company in Boston
Dec 21 2015 // Cross Insurance, an independent insurance agency based in Bangor, Maine, with more than 35 offices in the Northeast, announced the purchase of Boston-based independent agency Knapp Schenck & Company. Terms of the...
Arthur J. Gallagher Acquires Brown Hobbs & McMurray in Illinois
Dec 21 2015 // Arthur J. Gallagher & Co. has acquired Brown Hobbs & McMurray Insurance in Urbana, Ill. Terms of the deal were not disclosed. Thomas Brown, Paul Hobbs, William Hobbs, Dick and Rich McMurray, and their associates...
Marketform M&A Underwriter O’Reilly Moves to London as Sector Expands
Dec 21 2015 // Specialist Lloyd’s underwriter Marketform announced that M&A underwriter Astrid O’Reilly is relocating from Singapore to London as the company looks to strengthen the M&A product offering within the...
PartnerRe Establishes Branch Office in Dubai
Dec 21 2015 // Bermuda-based PartnerRe Ltd. announced that its subsidiary, Partner Reinsurance Europe SE, has been granted a license from the Dubai Financial Services Authority (DFSA) to operate as an Authorized Firm in the Dubai...
Brown & Brown Acquires Ocean Marine Insurance Agency & Affiliates in R.I.
Dec 18 2015 // Brown & Brown Inc. announced that its subsidiary Brown & Brown Insurance Agency of Virginia Inc. has acquired certain assets of Ocean Marine Insurance Agency Inc., Ocean Marine Insurance Agency of Massachusetts...
Zurich Insurance to Buy Wells Fargo Crop Insurance Unit
Dec 18 2015 // Zurich Insurance Group AG agreed to buy a Wells Fargo & Co. crop insurance business for as much as $1.05 billion as the Swiss company puts to work excess cash left over from a separate takeover bid that it abandoned...
Catalina Completes Allianz Suisse Re Acquisition
Dec 18 2015 // Catalina Holdings (Bermuda) Ltd. announced that, following receipt of regulatory approvals from the FINMA the Swiss financial regulator, it has completed its acquisition of Allianz Suisse Ruckversicherungs-Gesellschaft AG...
Eastern Insurance Group Acquires Northwestern Benefit in Boston
Dec 17 2015 // Eastern Insurance Group in Natick, Massachusetts, announced that it has acquired Northwestern Benefit Associates, an independent group benefits broker based in Boston, from the broker’s parent company Northwestern...
Specialty MGA Nexus Underwriting Acquires Millstream
Dec 17 2015 // Specialty MGA, Nexus Underwriting Management Limited, announced that it has acquired City of London based Millstream Underwriting Limited, an independent managing general agency specializing in travel personal accident and...