Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
ACE Report Urges Risk Managers to Reexamine Capabilities of Insurer Partners
Nov 11 2014 // ACE urged risk managers at multinational European companies to reexamine the capabilities of their global insurance partners as the international regulatory and business environment grows increasingly complex. The...
Allied World Assurance Acquires Latin American Holdings
Nov 11 2014 // Allied World Assurance Company Holdings AG announced that its U.S. holding subsidiary has reached a definitive agreement to acquire Latin American Holdings Ltd., a program administrator that has underwritten trade credit...
Arch Insurance Europe Buys Resource Underwriting Pacific in Australia
Nov 11 2014 // Arch Insurance Europe has acquired 100 percent of Resource Underwriting Pacific Pty Ltd (RUPPL), the Melbourne-based MGA. RUPPL will be added to Arch Insurance Europe’s current holdings in Australia. James...
Arthur J. Gallagher Acquires SGB-NIA Insurance Brokers in California
Nov 10 2014 // Arthur J. Gallagher & Co. has acquired SGB-NIA Insurance Brokers headquartered in Woodland Hills, Calif. Terms of the deal were not disclosed. SGB-NIA provides retail property/casualty, risk management and employee...
Aviva and Partner Hold IPO of Their Turkish Pension & Life Unit
Nov 10 2014 // Aviva plc and its partner Haci Omer Sabanci Holding AS raised 331 million liras ($147 million) in the initial public offering of their Turkish pension and life insurance unit as the shares priced near the top of the...
Hub International Acquires Fotek Insurance Agency in New Jersey
Nov 7 2014 // Hub International Limited announced that its subsidiary Hub International Northeast Limited has acquired the stock of Fotek Insurance Agency Inc., a New Jersey-based employee benefits brokerage. Terms of the acquisition...
CBIZ Acquires Weekes & Callaway in Florida
Nov 7 2014 // CBIZ Inc. in Cleveland, Ohio, has acquired Weekes & Callaway Inc. (W&C), an independent insurance agency based in Delray Beach, Florida, effective Nov. 1, 2014. Financial terms were not disclosed. Founded in...
Marsh & McLennan Acquires Nuwest Insurance Services in California
Nov 7 2014 // Marsh & McLennan Agency LLC has acquired NuWest Insurance Services Inc., an Irvine, Calif.-based property/casualty agency. NuWest generates roughly $2.4 million in revenue and specializes in providing P/C insurance...
Arthur J. Gallagher Acquires Discovery Benefit Solutions in California
Nov 6 2014 // Arthur J. Gallagher & Co. has acquired Discovery Benefit Solutions Inc. in San Diego, Calif. Terms of the deal were not disclosed. Discovery Benefit Solutions provides employee benefit consultation, management and...
AssuredPartners Acquires Premiere Coastal Insurance Group in South Carolina
Nov 6 2014 // AssuredPartners Inc., through its subsidiary Assured Neace Lukens, has acquired Premiere Coastal Insurance Group. No financial terms were disclosed. Premiere Coastal Insurance Group specializes in providing insurance...
EPIC Brings on Rusconi and Team with California Acquisition
Nov 5 2014 // Surety executive Sharon Rusconi and her team have joined Edgewood Partners Insurance Center in the Sacramento, Calif. office Rusconi’s book of business and other assets were purchased by EPIC from Lesron Insurance...
Old Mutual to Invest in African Acquisitions as Sales Slow
Nov 5 2014 // Old Mutual plc, Africa’s biggest insurer, has 4.3 billion rand ($386 million) for acquisitions on the continent, where growth rates higher than advanced countries may help boost sales after third-quarter growth...
EXL Acquires Underwriting Support Services Firm, Overland Solutions
Nov 4 2014 // Business process solutions company EXL has acquired Overland Solutions Inc., an Overland Park, Kan.-based provider of underwriting support services including premium audit, commercial and residential underwriting surveys...
Confie Seguros Acquires 2 New York, 1 California Brokers
Nov 4 2014 // Confie Seguros, a national provider of personal lines insurance, has acquired three insurance brokerages, two in New York’s Buffalo area and one in California. Confie Seguros acquired The Insurance Market Agency Inc....
Baldwin Named Partner at Tampa’s BKS-Partners
Nov 4 2014 // Baldwin Krystyn Sherman Partners (BKS-Partners) in Tampa, Florida, has appointed Trevor Baldwin to partner. He joins Lowry Baldwin, Laura Sherman and Elizabeth Krystyn as partners at the private independent insurance...
Wholesaler RT Specialty Acquires Tennessee Underwriters
Nov 4 2014 // Ryan Specialty Group’s wholesale brokerage, R-T Specialty, LLC (RT) has acquired the assets of excess and surplus broker, Tennessee Underwriters Inc. (TUI). A family-owned business, TUI was formed in 1980 in...
Hilb Group Acquires North Carolina’s Lake Norman Benefits
Nov 4 2014 // The Hilb Group, LLC said it has acquired Lake Norman Benefits of Charlotte, North Carolina. Terms were not disclosed on the transaction that closed on Nov. 1. LNB will continue to operate at its current location under...
Aon Benfield Buys Safe Brokers to Enhance Presence in Greece, Cyprus
Nov 4 2014 // Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has acquired Safe Brokers to strengthen its investment in the Greek and Cypriot markets. Safe Brokers is an independent reinsurance broker with...
Genstar Sells Significant Interest in Insurance Software Firm Insurity
Nov 4 2014 // Private equity firm Genstar Capital said it has sold a significant interest in Insurity, an insurance processing and data integration software business, to TA Associates, a Boston-based private equity firm. San Francisco...
USI Completes Acquisition of 7 Willis Retail Insurance Brokerage Locations
Nov 3 2014 // USI Insurance Services said it has completed its previously announced acquisition of seven retail insurance brokerage locations from Willis North America Inc., part of Willis Group Holdings. Under the agreement, USI...
