Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
PIA of Florida, National Insurance Underwriters Launch E&O Partnership
Nov 18 2014 // The Professional Insurance Agents of Florida Inc. (PIA of Florida) has tapped National Insurance Underwriters (NIU) as the official underwriter of its insurance agents’ professional liability errors and omissions...
FBinsure Acquires Gramlich Insurance Agency in Massachusetts
Nov 18 2014 // FBinsure, an independent insurance agency based in Taunton, Massachusetts, announced its acquisition of Gramlich Insurance Agency, an independent agency in New Bedford, Massachusetts. The terms of the transaction were not...
Hamilton Insurance Plans to Acquire Sportscover Underwriting at Lloyd’s
Nov 18 2014 // Hamilton Insurance Group, the Bermuda-based holding company for property-casualty reinsurer Hamilton Re and insurer Hamilton USA, announced it has entered into a share purchase agreement to acquire Sportscover Underwriting...
York Risk Services Group Acquires RMPG in New York
Nov 17 2014 // York Risk Services Group Inc., a Parsippany, New Jersey-based provider of claims management, managed care, risk management and specialized loss adjusting services, has acquired Risk Management Planning Group (RMPG) in...
MetLife’s Gay Rights Support Draws Criticism of Malaysia Partner
Nov 17 2014 // MetLife Inc.’s support for gay rights in the U.S. is drawing criticism to the insurer’s partner in Malaysia. A group in the nation called for a boycott of AMMB Holdings Bhd.’s AmBank, citing...
Arthur J. Gallagher Acquires The Titan Group in Virginia
Nov 14 2014 // Arthur J. Gallagher & Co. announced the acquisition of The Titan Group, LLC located in Richmond, Virginia. Terms of the transaction were not disclosed. Founded in 2001, Titan provides human resource consulting...
Talanx Sells Remaining Shares in Swiss Life to Strengthen Balance Sheet
Nov 14 2014 // Talanx AG, Germany’s third-biggest insurer, sold its stake in Swiss Life Holding AG to help mitigate the effect of low interest rates and to cover risk. Talanx will book 214 million euros ($267 million) profit from...
Texas Agent Group Acquires LevelFirst, Forms IIAT Services MGA
Nov 13 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...
Collins Named Managing Partner at Willis of Georgia
Nov 13 2014 // Insurance broker Willis North America has appointed Paul Collins as managing partner with Willis Insurance Services of Georgia Inc., effective Jan. 1, 2015. Collins has more than 17 years of experience in the insurance...
Hudson Insurance Acquires Surety Partners’ Northeast Operation
Nov 13 2014 // Hudson Insurance Group has acquired the underwriting operations of Surety Partners of America, Northeast, which is based in Chester, New Jersey. Surety Partners of America, which was formed in 2009, is licensed and...
C&R Insurance Services in Pennsylvania Announces 2 Acquisitions
Nov 12 2014 // C&R Insurance Services Inc. in Wayne, Pennsylvania, has acquired Garden State Professional Insurance Agency, a professional liability agency based in Freehold, New Jersey, and its affiliate FLAG Insurance Services....
Prime Risk Partners Hires McKenna as Senior VP in New York
Nov 12 2014 // Prime Risk Partners, a recently established national insurance distribution firm in Atlanta, hired Matthew McKenna as senior vice president. He is based in Buffalo, New York. McKenna previously served as senior vice...
Arthur J. Gallagher Acquires Illinois’ The Forker Co.
Nov 12 2014 // Arthur J. Gallagher & Co. has acquired The Forker Company in Arlington Heights, Ill. Terms of the transaction were not disclosed. Established in 2000, The Forker Company (Forker) is a retail insurance agency that...
Taiwan’s Cathay Life Acquires Asset Manager, Research Firm Conning
Nov 12 2014 // Cathay Life Insurance Co. of Taiwan has acquired insurance industry investment and asset manager and research firm Conning Holdings Corp. of Hartford, Conn. and all of its subsidiaries. Under the terms of the agreement,...
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...
