Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
LIU Partners with BitSight Technologies to Provide Information Monitoring to Insureds
Feb 27 2014 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has collaborated with BitSight Technologies to provide LIU Data Insure policyholders with current ratings on their company’s information...
XL Acquires Global Ag Insurance to Expand Crop Coverage
Feb 27 2014 // XL Reinsurance America Inc., a subsidiary of XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, has acquired Global Ag Insurance Services LLC to add sales of coverage to farmers in the U.S....
AssuredPartners Acquires Bateman Agency in N.J.
Feb 26 2014 // Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Donald F. LaPenna Associates Inc. in Clark, N.J., has acquired Bateman Agency Inc. Terms were not disclosed. Bateman Agency is an independent insurance...
XL Group Acquires Global Ag Insurance in Western U.S.
Feb 26 2014 // XL Reinsurance America Inc., a subsidiary of XL Group plc, has acquired Global Ag Insurance Services, a crop insurance provider based in the Western United States. The two companies initially partnered in 2011 to deliver...
Gjensidige Sells $546 Million Stake in Norway Insurer Storebrand
Feb 26 2014 // Gjensidige Forsikring ASA, Norway’s largest insurer, sold its remaining 20.1 percent stake in life insurance and pension provider Storebrand ASA for 3.3 billion kroner ($546 million) as it focuses on general...
The ‘Switching’ Economy: Consumers to Buy Insurance from Google, Amazon, Verizon
Feb 24 2014 // New global research finds that as many as two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying...
Arthur J. Gallagher Acquires Louisiana Insurance Agency Kent, Kent & Tingle
Feb 21 2014 // Arthur J. Gallagher & Co. has acquired Kent, Kent & Tingle, a retail insurance broker based in Shreveport, La. Terms of the transaction were not disclosed. Founded in 1989, Kent, Kent & Tingle (KK&T)...
York Acquires Texas, Louisiana-Based American Claims Services
Feb 19 2014 // York Risk Services Group, a provider of claims administration and risk management services, has acquired American Claims Services Inc. (ACSI) based in Houston, Texas, and Destrehan, La. John Bannon and Bill Johnson of ACSI...
Liberty Mutual Enters Malaysian Market with Uni.Asia Capital Acquisition
Feb 19 2014 // Liberty Mutual Insurance Group has announced the company’s entry into Malaysia’s $4.6 billion non-life insurance market with its planned acquisition of Uni.Asia Capital Sdn Bhd’s 68.09 percent stake in...
Patriot National, Stonewood Partner on Healthcare Program in Midwest
Feb 18 2014 // Patriot National Insurance Group Inc., a workers’ compensation insurer based in Fort Lauderdale, Fla., has a new partnership with Stonewood National Insurance Co. for a healthcare industry program in the...
Liberty Mutual Entering Malaysia with $113 Million Acquisition
Feb 18 2014 // Liberty Mutual Insurance Group in Boston announced the company’s entry into Malaysia’s $4.6 billion non-life insurance market with its planned acquisition of a 68.9 percent stake in Uni.Asia General Insurance...
South Carolina’s Johnson & Johnson Buys H.T. Bailey of Massachusetts
Feb 18 2014 // Johnson & Johnson, a Charleston, South Carolina managing general agency, has acquired wholesale broker H.T. Bailey Insurance Group in Burlington and Quincy, Mass. Under its new ownership, H.T. Bailey will continue to...
Arthur J. Gallagher Acquires Alabama’s Benefit Development Group
Feb 18 2014 // Arthur J. Gallagher & Co. said it has acquired Benefit Development Group of Selma, Alabama. Terms of the transaction were not disclosed. Established in 1986, Benefit Development Group (BDG) provides employee benefit...
Patriot National, Stonewood Partner on Healthcare Program
Feb 13 2014 // Patriot National Insurance Group Inc., a workers’ compensation insurer based in Fort Lauderdale, Florida, has a new partnership with Stonewood National Insurance Co. for a healthcare industry program in the...
R-T Specialty Acquires Blais Excess & Surplus Agency of Texas
Feb 13 2014 // Ryan Specialty Group’s wholesale brokerage R-T Specialty LLC (RT) has acquired Blais Excess & Surplus Agency of Texas Ltd. (Blais), an independent, specialty wholesale broker with offices in Dallas and...
MarketScout Acquires Specialty Bowling Program from QBE North Pointe
Feb 13 2014 // MarketScout said it has acquired a specialty underwriting facility, Bowling Center, which provides coverage for bowling centers on an admitted basis in all 50 states, except Alaska. The business was acquired from QBE North...
Qatar Insurance Company Enters Lloyd’s Market with Antares Acquisition
Feb 13 2014 // Qatar Insurance Company SAQ (QIC) announced that it has reached agreement to acquire the entire share capital of Antares Holdings Limited, together with its subsidiaries, a specialist insurer and reinsurer operating in the...
Feds Approve $26.3M to Buy Out Flood-Prone Homes in N.J.
Feb 11 2014 // The federal government has awarded New Jersey $26.3 million to enable it to buy 89 homes in flood-prone sections of Woodbridge. The state is in the process of buying homes from willing sellers affected by Superstorm Sandy...
The Institutes , Univ. of Wisconsin Partner on Leadership Development
Feb 11 2014 // The Institutes have partnered with the Wisconsin School of Business at the University of Wisconsin-Madison to offer a leadership development program designed for managers and supervisors in the property/casualty insurance...
Barney & Barney CEO Speaks Out on MMA Acquisition
Feb 10 2014 // Marsh & McLennan Agency LLC has acquired San Diego, Calif.-based Barney & Barney LLC, making Barney & Barney MMA’s Western regional hub. Terms of the deal were not disclosed, but Barney & Barney CEO...
