Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Brown & Brown Acquires Assets of Strategic Benefit Advisors in Massachusetts
Jun 17 2015 // Brown & Brown Inc. announced today that its subsidiary Brown & Brown of Massachusetts LLC has acquired certain assets of Strategic Benefit Advisors Inc., a health and welfare benefit advisory and brokerage firm...
Vertafore Acquires Florida-Based Agency Technology Provider QQ Solutions
Jun 16 2015 // Insurance software provider Vertafore, has acquired QQ Solutions, Inc., a provider of agency management systems and a comparative rater offering. The move expands Vertafore’s portfolio of agency management systems...
Marsh: Many Firms Fail to Assess Cyber Threats From Business Partners
Jun 16 2015 // Many UK firms are failing to adequately assess their customers and trading partners for cyber risk, and are more vulnerable to cyber attacks themselves as a result, according to a study published by Marsh. Marsh’s...
Berkshire Hathaway to Buy Stake in IAG to Boost Australia Insurance Sales
Jun 16 2015 // Warren Buffett’s Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region. The agreement will give Berkshire 20 percent of...
Stahlka Agency Acquires Prahovic Agency in New York
Jun 15 2015 // Stahlka Agency Inc., an independent insurance agency with offices in Williamsville and Orchard Park, New York, today announced its acquisition of the Prahovic Agency in Lake View, New York. Terms of the transaction were...
Arthur J. Gallagher to Acquire William Gallagher Associates in Boston
Jun 15 2015 // Arthur J. Gallagher & Co. announced today that it has signed a definitive agreement to acquire substantially all the assets of William Gallagher Associates Insurance Brokers Inc. (WGA), headquartered in Boston,...
USI Acquires First Merchants’ Insurance Brokerage
Jun 15 2015 // USI Insurance Services (USI) has acquired Indiana-based First Merchants Insurance Group, a retail property/casualty and employee benefits insurance brokerage operation, from First Merchants Corp. (First Merchants). This...
Philadelphia Insurance Acquires Allen J. Flood Companies in New York
Jun 12 2015 // Philadelphia Insurance Companies, a Bala Cynwyd, Pennsylvania-based commercial property/casualty and professional liability insurer for niche markets, announced its acquisition of all outstanding shares of The Allen J....
United Insurance Partners in California Names Henry Chief Marketing Officer
Jun 11 2015 // Pasadena, Calif.-based United Insurance Partners has named Paul Henry chief marketing officer. Henry will focus on retail sales and brokering. He has a background in commercial property/casualty insurance, and previously...
AssuredPartners Acquires WorkforceTactix in Maryland
Jun 11 2015 // AssuredPartners Inc. announced its acquisition of WorkforceTactix Inc., an independent employee benefits and HR professional services consulting firm with offices in Sparks and Salisbury, Maryland. Terms of the transaction...
Willis Taiwan Acquires Specialist Broker Elite Risk Services in Expansion Move
Jun 11 2015 // Willis Group Holdings plc announced its agreement to acquire Elite Risk Services Limited of Taiwan. The bulletin said the “move almost doubles the size of Willis’s existing business in Taiwan and strengthens...
NU Holdings Acquires Indianapolis Loss Control Services Firm
Jun 10 2015 // NU Holdings Inc., based in Dayton, Ohio, has acquired Indianapolis-based Thorn Valley Enterprises, which provides loss control services to insurers and general agencies. Thorn Valley has been in operation since...
Tokio Marine to Buy HCC for $7.5B in Biggest Ever Deal by Japanese Insurer
Jun 10 2015 // Tokio Marine Holdings Inc. agreed to buy HCC Insurance Holdings Inc. for about $7.5 billion in the biggest acquisition by a Japanese insurer, stepping up an overseas expansion to counter stagnation at home. Tokio Marine...
Alabama Man Steals 39 Patient Identities, Buys 14 Cars
Jun 10 2015 // Police say an Irondale, Ala., man stole the identities of dozens of patients at a Birmingham doctor’s office and used their credit to buy 14 automobiles worth an estimated half million dollars. Multiple news outlets...
USI Acquires Construction Agency Professionals in New Jersey
Jun 9 2015 // USI Insurance Services announced that it has acquired the construction insurance and surety business of Chester, New Jersey-based KORE Group Inc., doing business as Construction Agency Professionals (CAP). This business...
Prime Risk Partners Acquires Cook Maran & Associates in New York
Jun 8 2015 // Prime Risk Partners Inc., a national insurance distribution firm in Atlanta, announced its acquisition of Cook Maran & Associates Inc., an independent agency with offices in East Hampton, Southampton and Melville, New...
Update: Bermuda Court Rules in Favor of PartnerRe; EXOR Responds
Jun 8 2015 // The Supreme Court of Bermuda has denied EXOR’s request to obtain shareholder information from PartnerRe, the reinsurer that is seeking to merge with AXIS Capital Holdings and avoid a hostile takeover from EXOR...
Arthur J. Gallagher Acquires Solid Benefit Guidance in New Jersey
Jun 5 2015 // Arthur J. Gallagher & Co. announced its acquisition of Solid Benefit Guidance (SBG) in Montvale, New Jersey. Terms of the transaction were not disclosed. Established in 2005, SBG is an employee benefits brokerage and...
South Carolina Lawmakers Fail to Pass Road Funding Bill
Jun 5 2015 // Getting more money to South Carolina roads was a top priority of the governor, lawmakers and businesses for this year. But with one day left in the 2015 session, the road funding bill appeared dead on the Senate...
UK’s Allianz Insurance Aims to Improve Fleet Safety With Telematics Partnership
Jun 5 2015 // Allianz Commercial has joined forces with fleet incident management provider FMG, to provide commercial fleet and motor trade customers with the capability to improve driver safety and fleet efficiency. Allianz Commercial...
