Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
INSURICA Acquired Oklahoma, California Agencies in Q3 2014
Dec 9 2014 // Oklahoma City-based INSURICA Insurance Management Network announced it acquired an agency in Oklahoma and one in California during the third quarter of 2014. In Oklahoma, INSURICA added James & Associates, located in...
Integro Acquires Canadian Broker Finning Insurance Services
Dec 9 2014 // International insurance brokerage and risk management firm Integro announced it has acquired the assets of Finning Insurance Services (FIS), an insurance brokerage business, from Finning International Inc. Financial...
S&S Insurance Solutions of Florida Acquires Imperial Insurance
Dec 4 2014 // S&S Insurance Solutions of Florida, a division of East Providence, Rhode Island-based Starkweather & Shepley Insurance Brokerage, has acquired Imperial Insurance of Naples, Florida. Terms of the transaction were...
U.S. Prods Banks to Buy Cyber Insurance, Insurers to Develop Products
Dec 4 2014 // Banks should consider cyber risk insurance to help deal with the financial fall-out from the growing threat of cyber attacks, a top U.S. regulator said on Wednesday. Bankers and officials have become more vocal lately...
RSA Selected as Insurance Partner for UK Gov’t. Driverless Cars Project
Dec 4 2014 // RSA announced that it has been selected as the insurance partner for a Government backed project to pilot driverless cars in the Royal Borough of Greenwich, London. The project contract, awarded to a consortium led by TRL,...
Hub International Acquires Canada-Based MGA Partners
Dec 4 2014 // Hub International Limited, a global insurance brokerage, announced that its subsidiary Hub Financial Inc. has acquired the shares of MGA Partners Inc., an Ontario Canada-based managing general agency. Terms of the...
Indiana Insurer Buys Naming Rights for Fairgrounds Arena
Dec 3 2014 // The renaming of the Indiana State Fairgrounds Coliseum will come along with a fat cat on the roof. Carmel-based Indiana Farmers Mutual Insurance Co. has signed a 10-year, $6 million naming rights deal for the arena that...
A.M. Best: Asia-Pacific M&As Driven by Top-Line Growth Prospects
Dec 3 2014 // The Asia-Pacific region has been a popular destination for mergers and acquisitions, driven by top-line growth prospects for many still-developing markets with low insurance penetration, according to a Best’s Special...
USI Acquires Holmes Murphy in Missouri
Dec 2 2014 // USI Insurance Services has acquired the Saint Louis, Mo. operation of Holmes Murphy. The business and its employees will join USI’s Saint Louis office. Terms of the deal were not disclosed. The acquired business was...
Regions Insurance Opens Florida Office with Acquisition of Teaberry Business
Dec 2 2014 // Regions Insurance, an affiliate of Regions Bank, has opened an office in St. Petersburg, Florida after agreeing to purchase the accounts of Teaberry Health and Welfare Benefits Practice. Financial terms of the agreement...
K&B Underwriters in Virginia Partners With Freedom Specialty
Dec 2 2014 // K&B Underwriters, a Reston, Virginia-based program administrator and wholesale insurance brokerage for senior living facilities, announced its partnership with New York-based Freedom Specialty for its DigniCARE...
Ohio and Indiana Joint Venture to Fly Drones to Aid Farmers
Dec 2 2014 // A joint venture between Ohio and Indiana is teaming up with an Ohio college to fly drone missions aimed at helping farmers boost crop yields. The Ohio/Indiana Unmanned Aircraft Systems Center in Springfield, Ohio, and Ohio...
UK’s Aviva Agrees to Acquire Friends Life for $8.8 Billion in Shares
Dec 2 2014 // Aviva plc, Britain’s second-largest insurer by market value, agreed to buy Friends Life Group Ltd. for about 5.6 billion pounds ($8.8 billion) in stock in the U.K. insurance industry’s biggest takeover in 15...
Schinnerer to Acquire SeaFire Insurance Services in Kansas
Dec 1 2014 // Victor O. Schinnerer & Co. on Monday announced an agreement to acquire SeaFire Insurance Services, a Kansas-based managing general underwriter focused on providing property/casualty solutions for the auto dealership...
Scottish American Acquires Southern States in Louisiana
Dec 1 2014 // Scottish American has completed the acquisition of Southern States General Agency in Ruston, La. Terms of the deal were not disclosed. “SSGA allows us to partner with people we enjoy working with, and the benefit of...
Spain’s Mapfre Seeking to Make Acquisitions in Europe and U.S.
Dec 1 2014 // Mapfre SA, the biggest insurer in Spain, is seeking to expand and may make acquisitions in Europe and the U.S., Chairman Antonio Huertas said. The company isn’t constrained by regulators’ efforts to stiffen...
Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA
Dec 1 2014 // The Independent Insurance Agents of Texas (IIAT) announced it is continuing its tradition of providing insurance markets for small independent agencies with the acquisition of Dallas-based managing general agency...
AmTrust Financial Services to Acquire CorePointe Insurance Co.
Nov 24 2014 // AmTrust Financial Services Inc. announced it has entered into a definitive agreement to acquire Birmingham, Mich.-based CorePointe Insurance Co. (CorePointe), a wholly owned subsidiary of CorePointe Group LLC. The cash...
Aquiline Capital Acquires Majority Stake in Beach & Associates in Toronto
Nov 24 2014 // Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has made an investment for a majority of the equity in Beach & Associates Ltd., an independent global reinsurance broker...
EPIC Acquires Atlanta Specialty Brokerage Greyling
Nov 24 2014 // EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage, has acquired Greyling Insurance Brokerage & Risk Consulting, Inc., a specialty insurance broker and risk management consultant...
