Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
USI to Acquire 7 Willis Retail Brokerage Locations Across U.S.
Aug 18 2014 // USI Insurance Services announced it has entered into an agreement with certain subsidiaries of Willis North America Inc., part of Willis Group Holdings, to acquire seven of Willis’ retail insurance brokerage...
Ladenburg Thalmann to Acquire KMS Financial Services in Washington
Aug 13 2014 // Ladenburg Thalmann Financial Services Inc. has signed a definitive agreement to acquire KMS Financial Services Inc., a Seattle, Wash.-based independent broker-dealer and investment advisor with a strong presence in the...
AXA to Buy $450 Million Stake in U.K. Mall from Land Securities
Aug 13 2014 // AXA SA’s property unit agreed to buy a 50 percent stake in a shopping mall and other assets in the English city of Bristol from Land Securities Group Plc for £267.8 million ($450 million). The purchase of Cabot...
Arthur J. Gallagher Acquires Cowles & Connell in N.Y.
Aug 12 2014 // Arthur J. Gallagher & Co. announced the acquisition of Cowles & Connell based in Brewster, New York and Meriden, Connecticut. Terms of the transaction were not disclosed. Established in 1892, Cowles &...
Tiptree Financial to Acquire Insurance Services Firm Fortegra for $218M
Aug 12 2014 // Holding company Tiptree Financial Inc. said it will acquire Fortegra Financial Corp., a Florida-based insurance services firm, in an all cash transaction valued at approximately $218 million. In the transaction,...
AJ Gallagher Acquires Assets of Caribbean Broker Minvielle & Chastanet
Aug 12 2014 // Arthur J. Gallagher & Co. announced that it has acquired certain assets of Minvielle & Chastanet Insurance Brokers located in the eastern Caribbean. Terms of the transaction were not disclosed. The bulletin...
Coverys to Acquire ELM Exchange in Maryland
Aug 11 2014 // Coverys, a Boston-based medical professional liability insurer, announced it has finalized an agreement to acquire ELM Exchange Inc. in Rockville, Maryland. ELM provides customized online educational programs that are...
Arthur J. Gallagher Acquires Missouri-Based Travel Insurance Agency
Aug 11 2014 // Arthur J. Gallagher & Co. has acquired Trip Mate Inc., based in Kansas City, Mo. Established in 1989, Trip Mate is a full service travel insurance agency that provides a wide variety of travel protection plans and...
Missouri Voters Deny Highway Funding; Officials Fear Rise in Fatalities
Aug 8 2014 // Missouri transportation officials warned of a potential rise in traffic fatalities and bridge closures, after voters defeated a sales tax hike that would have funded hundreds of highway and transportation projects across...
Integro’s Entertainment Practice Acquires London Based Stonehouse Conseillers
Aug 8 2014 // International insurance brokerage and risk management firm Integro has announced its acquisition of Stonehouse Conseillers Ltd., “a London based specialist insurance broker servicing the needs of commercial film...
Aon Acquires Peru-based Graña y Asociados to Bolster Latin American Presence
Aug 7 2014 // Aon Risk Solutions, the global risk management business of Aon plc, announced the acquisition of Graña y Asociados, a Lima, Peru-based leader in risk and insurance solutions for individuals and businesses. Financial terms...
‘Robust’ Activity Ahead for Agency M&As, Says OPTIS
Aug 6 2014 // There were 165 announced merger and acquisition transactions of insurance agencies in the U.S. and Canada in the first six months of 2014, a jump of nearly 40 percent over the same period in 2013. Also, according to an...
Norman-Spencer Acquires Northern Star Management in N.J.
Aug 6 2014 // Norman-Spencer Agency Inc., a Dayton, Ohio-based national insurance provider and program administrator, has completed the acquisition of Northern Star Management Inc. Based out of New Jersey since 1997, Northern Star has...
Confie Seguros Acquires Brokerages in New York, Texas, South Carolina
Aug 6 2014 // Confie Seguros, a Huntington Beach, California-based national provider of personal lines insurance, has acquired three insurance brokerages. Among these additions is Bower Insurance, an agency in Lockport, New York,...
Turner Appointed Managing Partner of Willis of Texas
Aug 5 2014 // Willis North America, a unit of Willis Group Holdings, the global risk advisor, insurance and reinsurance broker, has appointed Jeff Turner as managing partner at Willis of Texas Inc. Turner will be responsible for...
Best’s Report Sees M&A Activity for P/C & Reinsurance Focused on Diversification
Aug 5 2014 // A report from A.M. Best concludes that “global merger and acquisition (M&A) activity in the property/casualty (P/C) and reinsurance industries continued at a steady pace in the first half of 2014.” Best...
Hilb Group Acquires Martin Agency of Kentucky, Florida
Aug 5 2014 // The Hilb Group has acquired The Martin Agency Inc. (TMAI) with offices in Danville, Kentucky, and Celebration and Ormond Beach, Florida. TMAI will continue to operate at its current locations under the leadership of John...
Hub International Acquires Florida’s Ballard Insurance
Aug 5 2014 // Chicago-based global insurance broker Hub International Limited has acquired the assets of Ballard Insurance Agency, a Melbourne, Florida-based insurance brokerage with coastal personal lines experience. Terms of the...
AssuredPartners Buys The Wright Group in Colorado
Aug 4 2014 // AssuredPartners Inc. has acquired The Wright Group Services in Colorado. AssuredPartners made the acquisition through its subsidiary AssuredPartners of Colorado. The terms were not disclosed. Denver, Colo.-based The Wright...
ProMutual Completes Acquisition of Medical Malpractice Insurer PPIC
Aug 4 2014 // Boston-based Medical Professional Mutual Insurance Co. (ProMutual), a Coverys company, said it has finalized the previously-announced acquisition of Preferred Professional Insurance Co. (PPIC), located in Omaha,...
