Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AssuredPartners Acquires A.J. Lupas Insurance Agency in Pennsylvania
Jan 7 2015 // AssuredPartners Inc. has acquired A.J. Lupas Insurance Agency Inc. in Plains, Pennsylvania. Terms of the transaction were not disclosed. A.J. Lupas provides coverage for individuals, businesses, and life and health...
AmTrust Acquires New York’s Oryx Insurance Brokerage
Jan 7 2015 // AmTrust Financial Services Inc. announced that it has acquired privately held Oryx Insurance Brokerage Inc. from Oryx’s principals for cash. Further terms of the transaction were not disclosed. Oryx was established...
Hub International Acquires MMZ Associates in New York
Jan 7 2015 // Hub International Limited announced that its subsidiary Hub International Northeast Limited has acquired the assets of MMZ Associates Inc., a Westchester County, New York-based brokerage. Terms of the acquisition were not...
Marsh Acquires Trade Insure NV in Belgium
Jan 7 2015 // Marsh, a global leader in insurance broking and risk management, announced it has acquired Trade Insure NV, a distributor of credit insurance policies in Belgium. Terms of the transaction were not disclosed. Founded in...
Alliant Acquires American Benefits Consulting in New York
Jan 7 2015 // Alliant Insurance Services, a specialty insurance brokerage firm based in Newport Beach, California, has acquired American Benefits Consulting (ABC), an employee benefits consulting firm in New York. Terms of the...
Canada’s Cowan Insurance Group Acquires The Williamson Group
Jan 6 2015 // Cowan Insurance Group, a Canadian insurance brokerage and consulting operation, has acquired The Williamson Group, a financial services company focused on providing employer sponsored benefits, pensions and disability...
DSP Insurance Services Acquires Willis of Illinois’ Schaumburg Office
Jan 6 2015 // DSP Insurance Services, based in the Chicago area, announced the purchase of certain assets of Willis of Illinois’ Schaumburg office. The acquisition was finalized Dec. 31, 2014. John Adams, Bob Mielke, Jerry Olson...
Andrew Agency Acquires Assurance Associates, Bradshaw Agency in Va.
Jan 5 2015 // The Andrew Agency, an independent insurance agency in Richmond, Virginia, announced it has acquired Assurance Associates and The Bradshaw Agency, two retail agencies also based in Richmond. Terms of the transactions were...
Duffy Insurance Agency Acquires Connolly Insurance in Massachusetts
Jan 5 2015 // Duffy Insurance Agency, a family-owned, independent agency with offices in Lynn, Peabody and Gloucester, Massachusetts, announced its acquisition of Connolly Insurance Agency, a family-owned agency in Peabody,...
Brown & Brown Subsidiary Acquires Hall-Wright General Agency
Jan 5 2015 // Brown & Brown Inc., through its subsidiary, Texas Security General Insurance Agency Inc., has acquired Hall-Wright General Agency Inc. (Hall-Wright) and related affiliate companies. With origins dating back to 1971,...
U.S. Insurers Still Funding Asbestos, Environmental Liabilities: A.M. Best
Jan 5 2015 // The current estimate of net asbestos losses for the U.S. property/casualty industry remains at $85 billion, with net environmental losses estimated at $42 billion, according to a new Best’s Special Report. According...
Hub International Acquires Florida’s Smith Watson Parker Insurance
Jan 5 2015 // Global insurance broker Hub International Limited said it has acquired the assets of Smith Watson Parker Insurance, a Hollywood, Florida-based independent insurance brokerage. Terms of the acquisition were not...
Brown & Brown Sells Reinsurance Broker Axiom Re to Beach Re
Jan 1 2015 // Brown & Brown Inc. sold certain assets of one of its subsidiaries, Axiom Re, to Beach Re Limited effective December 31, 2014. Axiom Re is a reinsurance brokerage operation based in North Carolina with approximate...
China’s Fosun to Buy Meadowbrook Insurance for $433M
Dec 31 2014 // China investment group Fosun International Limited has agreed to acquire Meadowbrook Insurance Group Inc. of Southfield, Michigan for approximately $433 million, or $8.65 per share in cash. Fosun said that the acquisition...
Brown & Brown Acquires Assets of Global Benefit Strategies in N.J.
Dec 29 2014 // Brown & Brown Inc. announced that its New Jersey-based subsidiary Brown & Brown Metro Inc. has acquired certain assets of Global Benefit Strategies in Morristown, New Jersey. Terms of the transaction were not...
Armour Group Completes OneBeacon Run-off Acquisition
Dec 24 2014 // Armour Group Completes OneBeacon Run-off Acquisition The Bermuda-based Armour Group Holdings Limited announced the completion of the acquisition of the OneBeacon Run-off. “The transaction includes the acquisition of...
Hub International Acquires Iowa-Based Brokerage, Ruhl & Ruhl
Dec 23 2014 // Global insurance broker, Hub International Limited (Hub), announced that its Chicago-area region Hub International Midwest (Hub Midwest) has acquired the assets of Ruhl & Ruhl Insurance, based in Davenport, Iowa. Terms...
AssuredPartners Acquires Sheehan Insurance in Virginia
Dec 23 2014 // AssuredPartners Inc. has acquired the business and assets of Sheehan Insurance Group. Terms of the transaction were not disclosed. As part of the acquisition 22 employees will join AssuredPartners. Sheehan Insurance Group...
V3 Partners Adds Berkshire’s National Liability to Online Workers’ Comp Program
Dec 22 2014 // V3 Insurance Partners LLC has enhanced its workers’ compensation program, adding National Liability & Fire Insurance Co., a Berkshire Hathaway Group company, as a new market. Now available in additional states...
LeapFrog, Lombard to Acquire Stakes in Thai Insurer SMK from RSA
Dec 19 2014 // LeapFrog Investments, Lombard Investments, and Syn Mun Kong Insurance Public Company Limited (SMK) [SMK:Bangkok] announced today that LeapFrog and Lombard will each acquire approximately 11 percent of SMK, from Royal &...
