Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Marsh McLennan Acquires Texas’ Perkins Insurance Agencies
May 31 2024 // Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of the acquisition were not disclosed. Founded in 1977, Perkins...
Inszone Acquires Texas’ T Blackwell Insurance Group
May 31 2024 // Inszone Insurance Services announced the acquisition of T Blackwell Insurance Group, an agency based in Garden Ridge, Texas. Founded by Tracey Blackwell in 2012, T Blackwell Insurance Group has carved a niche in personal...
Miller to Acquire Spanish Specialty Re/Insurance Broker Bruzon
May 30 2024 // Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon...
ARCW Acquires CLC Insurance Agency in Clearwater
May 30 2024 // Clearwater-based CLC Insurance Agency has merged with ARCW Insurance, a Leavitt Group affiliate, the companies said in a news release this week. Callahan-Estes CLC, founded four years ago by Crystal Callahan Lawson, now...
Relation Insurance Services Acquires Oklahoma’s First Insurance
May 29 2024 // Relation Insurance Services acquired the assets of First Insurance an Affiliate of FirstBank, Inc. The transaction went into effect on April 1, 2024; terms of the transaction were not disclosed. First Insurance, based in...
Inszone Acquires Nam International Insurance Services in California
May 28 2024 // Inszone Insurance Services acquired Nam International Insurance Services Inc. in Fremont, California. Nam was founded in March 2003 by Parvinder Janda to serve the insurance needs of individuals and businesses in the...
Arthur J. Gallagher & Co. Acquires Minnesota’s CCI Surety
May 23 2024 // Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Golden Valley, Minnesota-based CCI Surety, Inc. Terms of...
Axis Insurance Managers Acquires Canadian Broker Magnes Group
May 23 2024 // Axis Insurance Managers Inc., the Vancouver, Canada-headquartered brokerage, announced it has acquired The Magnes Group Inc. Axis Insurance said it made its initial investment in Magnes in 2015. Financial details of the...
Inszone Acquires Illinois’ ISU Coverall
May 22 2024 // Inszone Insurance Services announced the acquisition of ISU Coverall Insurance Group, a prominent full-service insurance broker serving the Chicago area. Founded in 2013 by Casey Brennan, ISU Coverall has carved out a...
Axis Insurance acquires Magnes Group, expanding its Canadian presence.
May 22 2024 // May 22, 2024 — Axis Insurance Managers Inc. (“Axis Insurance”) announced today that it has acquired The Magnes Group Inc. (“Magnes”). Axis Insurance made its initial investment in Magnes in...
Risk Strategies Acquires Indiana’s Silveus
May 21 2024 // Risk Strategies announced that it has acquired Silveus Insurance Group, Inc (Silveus). The Indiana-based broker dates back to 1940 and is the country’s largest independent specialty provider of crop insurance. Terms...
Aon’s NFP Acquires UK-Based Consultant HELPGB
May 21 2024 // NFP, an Aon company and international insurance brokerage and consulting firm, announced it has acquired HELPGB, a human resources and health and safety consulting business. Financial details of the deal were not...
Relation Insurance Acquires Brooklyn’s Elite Agency
May 21 2024 // California-based Relation Insurance Services reports it has acquired Elite Insurance Agency, Inc. on April 1, 2024. Elite, based in Brooklyn, New York. offers employee benefits, commercial insurance, and high-net-worth...
Howden Buys Microinsurance Specialist That Offers Cover for LatAm Underinsured
May 20 2024 // Howden, the London-based insurance intermediary group, announced the acquisition of MiCRO, a microinsurance specialist that designs and implements parametric insurance coverage for underserved populations in Latin America...
B&B Adds Georgia-based Public Entities Team in Latest Acquisition
May 20 2024 // A part of Brown & Brown’s wholesale insurance group has acquired Public Entities of America LLC, a brokerage based in Alpharetta, Georgia, that has catered to the public sector and risk management...
Inszone Acquires Texas’ JHC Insurance Agency
May 17 2024 // Inszone Insurance Services announced the acquisition of JHC Insurance Agency, Inc., an independent insurance agency serving the Victoria community and beyond. Rooted in the values of independence and client-focused...
Ardonagh Group’s MDS Brazil to Acquire Brazilian Broker D’Or Consultoria
May 17 2024 // MDS Brazil, a subsidiary of Ardonagh-owned MDS Group and one of the country’s major brokers, announced it intends to acquire D’Or Consultoria, a health, dental, life insurance and pensions broker from Rede...
King Insurance Acquires Marcus Agency in Connecticut
May 16 2024 // Florida-based King Insurance Partners announced it has acquired Marcus Insurance, an independent agency based in Wethersfield, Connecticut. The terms were not disclosed. Founded in 1941, Marcus Insurance is a family-run...
US Senators Unveil AI Policy Roadmap, Seek Government Funding Boost
May 16 2024 // A bipartisan group of U.S. senators, including Majority Leader Chuck Schumer, called on Wednesday for a big jump in government research funding of artificial intelligence as they debate new legal safeguards. Generative...
Sica Fletcher: Broker M&A Down Slightly in Q1 as Some Buyers Take ‘Strategic Pause’
May 14 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 111 agent-broker deals in the first quarter 2024, totaling $284 million in revenue. That is a 21% drop in revenue from what was acquired during the...
