Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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,...
Guardian Life Acquires Dental Insurer Premier Access
Aug 4 2014 // The Guardian Life Insurance Company of America said it has completed its previously announced acquisition of Sacramento, Calif.-based Premier Access Insurance Co., a provider of dental coverage serving more than 5,000...
Broker-Dealer Buys Alabama Wholesale Broker for $42M
Aug 1 2014 // Miami-based broker-dealer Ladenburg Thalmann Financial Services Inc. said it has acquired Highland Capital Brokerage Inc., an independent life, annuities and long term care insurance brokerage, for $42 million. Highland,...
Dhandho Acquiring Louisiana’s Stonetrust Commercial Mutual Insurance
Jul 31 2014 // Stonetrust Commercial Mutual Insurance Holding Co. announced it has agreed to be acquired by Dhandho Holdings LP and Dhandho Holdings Qualified Purchaser LP, based in Irvine, Calif. Stonetrust is a Louisiana-based mutual...
Arthur J. Gallagher Acquires Benefits Brokerage, Insurance Point
Jul 31 2014 // Itasca, Ill.-based Arthur J. Gallagher & Co. has acquired Insurance Point LLC in St. Charles, Ill. and Salt Lake City, Utah. Terms of the transaction were not disclosed. Insurance Point offers employee benefit...
Endurance Terminates Offer to Acquire Aspen
Jul 31 2014 // Bermuda-based Endurance Specialty Holdings Ltd. announced that it has terminated its offer to acquire Aspen Insurance Holdings Limited; adding that “in connection with the termination of its acquisition offer,...
Energi, HDI-Gerling America Extend Partnership for the U.S. Energy Industry
Jul 29 2014 // Energi and HDI-Gerling America have entered into a multi-year agreement to extend their risk management and insurance programs to certain segments of the United States downstream, midstream and upstream energy markets....
Markel Ventures Acquires Georgia Auto Transport Equipment Firm
Jul 24 2014 // Markel Ventures Inc. has acquired a majority interest in Cottrell Inc. of Gainesville, Georgia, a firm that designs and manufactures over-the-road automobile transport equipment. Terms of the transaction were not...
Cross Insurance Acquires Merchant, Needham & Associates in Maine
Jul 21 2014 // Bangor, Maine-based Cross Insurance has acquired Merchant, Needham & Associates Insurance, an independent insurance agency based in Northeast Harbor, Maine. Terms of the transaction were not disclosed. Originally...
USI Acquires BHB Insurance Services in New Jersey
Jul 21 2014 // USI Insurance Services announced the closing of the acquisition of BHB Insurance Services in Toms River, New Jersey. Terms of the transaction were not disclosed. USI says BHB is best known for its community associations...
MarshBerry Acquires Capital Management Advisor Gill & Roeser in N.Y.
Jul 16 2014 // MarshBerry has acquired the assets of Gill & Roeser Inc., a New York City-based boutique investment banking and reinsurance intermediary firm. Terms of the transaction were not disclosed. Gill & Roeser is an...
Canada’s Onex to Buy York Risk Services for $1.3 Billion
Jul 16 2014 // Onex Corp., Canada’s largest buyout firm, agreed to buy York Risk Services Group Inc. from ABRY Partners LLC in a deal valued at $1.33 billion, boosting its insurance business. York Risk Services provides risk...
Aon Completes Acquisition of National Flood Services
Jul 16 2014 // Aon Affinity, the consumer, association and program business of Aon Risk Solutions, has completed its acquisition of StoneRiver National Flood Services, Inc. and related entities from StoneRiver Group, L.P. The deal was...
Hub International Acquires Canadian Broker Gibson Insurance
Jul 9 2014 // Hub International Limited announced that it has acquired the shares of Gibson’s Insurance Agency Ltd., a Manitoba Canada-based insurance brokerage. Terms of the acquisition were not disclosed. The announcement said...
