Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
People Moves: AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London Casualty, Reinsurance; Fusion Specialty Hires 2 for M&A Team in London
May 14 2024 // This edition of International People Moves details appointments at AXA XL Reinsurance and Fusion Specialty. A summary of these new hires follows here. AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London...
Arthur J. Gallagher & Co. Acquires Iowa’s Acumen
May 13 2024 // Arthur J. Gallagher & Co. announced the acquisition of Cedar Rapids, Iowa-based Acumen Advisors, Inc. Terms of the transaction were not disclosed. Acumen is an employee benefits consultant serving small and mid-size...
Crest Insurance Group Enters Nevada with Crossroads Acquisition
May 13 2024 // Crest Insurance Group acquired trucking and transportation specialist Crossroads Insurance Services in Henderson, Nevada. The Henderson location will become the hub of the Crest’s trucking and transportation division...
Inszone Acquires Texas’ Brazos Valley Insurance Agency
May 10 2024 // Inszone Insurance Services announced its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. The move further solidifies Inszone’s commitment to enhancing its...
Alera Group Acquires Texas’ Trimble-Batjer
May 9 2024 // Alera Group announced the acquisition of Texas-based Trimble-Batjer. Founded in 1883, Trimble-Batjer provides surety and bonds, business solutions, employee benefits and insurance coverage for auto, home, health and life....
Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd.
May 9 2024 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced the acquisition of certain assets from 2197747 Alberta Ltd., which is in turn partially owned by Carianne...
Hub Acquires Michigan’s True North Group
May 8 2024 // Hub International Limited announced the acquisition of the assets of True North Group Insurance Services, LLC (True North Group). Terms of the transaction were not disclosed. Located in Howell, Michigan, True North Group...
Ardonagh to Acquire Australia’s PSC Insurance Group for A$2.3 Billion
May 8 2024 // Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Australia’s PSC Insurance Group Ltd., in a deal valued at A$2.3 billion (US$1.5 billion). PSC is a...
Higginbotham Acquires Texas’ Barnard Insurance Group
May 7 2024 // Higginbotham announced it has acquired Barnard Insurance Group of Wichita Falls, Texas. Family owned and operated since 1931, Barnard is an independent agency with services that include personal, life and health, and...
Hub Acquires Cargill Agency of Massachusetts
May 7 2024 // Insurance broker Hub International Limited announced it has acquired the assets of William R. Cargill Insurance Agency, Inc. Terms of the transaction were not disclosed. Based in Topsfield, Massachusetts, Cargill Insurance...
USI Insurance Services Acquires Texas’ Hignojos Insurance Agency
May 6 2024 // USI Insurance Services announced the acquisition of Odessa, Texas-based Hignojos Insurance Agency. Founded in 2009, Hignojos Insurance Agency is an independent brokerage firm specializing in commercial and personal risk...
Arthur J. Gallagher & Co. Buys Health Insurance Consultants Australia
May 6 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Melbourne, Victoria-based Health Insurance Consultants Australia (HICA). Terms of the transaction were not...
Hub Acquires Williams Insurance Services in California
May 6 2024 // Hub International Ltd. acquired Merriwether & Williams Insurance Services Inc. Merriwether & Williams has locations in San Francisco and Los Angeles, California, The firm provides contractor development abd bonding...
Inszone Insurance Acquires Tri-Cities Insurance Professionals in Washington
May 6 2024 // Inszone Insurance Services acquired Tri-Cities Insurance Professionals LLC, a multi-member managed broker agency in Pasco, Washington. Tri-Cities Insurance Professionals was founded by Craig Baumgartner, Gerald Tobias,...
Marsh McLennan Agency Acquires Long Island Broker AC Risk Management
May 3 2024 // Marsh McLennan Agency, a subsidiary of Marsh, reported it has acquired AC Risk Management (ACRM), an independent commercial lines brokerage based in Melville, New York. Terms of the acquisition were not disclosed. Founded...
Patriot Expands In New York, Acquiring Long Island’s Lupton & Luce
May 3 2024 // National insurance firm Patriot Growth Insurance Services has acquired Lupton & Luce, a property/casualty agency is based in Riverhead, New York. Established in 1939, the agency is led by Hallock Luce IV and deeply...
PCF Insurance Acquires Georgia, Texas Brokerages
May 2 2024 // PCF Insurance Services, an insurance brokerage operating in 40 states, has acquired All Star Insurance in Venus, Texas, and Encore Advisors, based in Norcross, Georgia. Utah-based PCF said in a news release this week that...
Missouri Supreme Court Strikes Down 2022 Vote on KC Police Funding
May 2 2024 // The Missouri Supreme Court on Tuesday took the unusual step of striking down a 2022 voter-approved constitutional amendment that required Kansas City to spend a larger percentage of its money on the police department, and...
Acrisure Acquires Scottish Broker WH&R McCartney
May 2 2024 // Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, announced it has acquired Scottish insurance broker, WH&R McCartney. Based in Motherwell and led by Graeme Robb and Alan Kirkwood,...
Neptune Flood Acquires Data Science Firm to Enhance Its AI-Driven Flood Insurance
May 2 2024 // Private flood insurer Neptune Flood reported it has acquired Charles River Data, a Boston-based data science consulting group. According to Neptune, the strategic move will bolster its underwriting system through advanced...
