Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
AJ Gallagher to Acquire UK’s Giles Group of Companies
Sep 4 2013 // Arthur J. Gallagher & Co. announced that it has signed an agreement to acquire the Giles Group of Companies, headquartered in London, England. The transaction is subject to regulatory approval and is expected to close...
RGEB Acquires Group Health Business of Archer Weiss in California
Sep 3 2013 // RGEB Employee Benefits has acquired the individual, Medicare and group health insurance business of Archer Weiss, a firm providing health insurance plans for clients in Southern California. The transaction will increase...
AssuredPartners Inc. Acquires GBP Risk Solutions in Arizona
Aug 30 2013 // AssuredPartners Inc. has completed the acquisition of Golseth & Gregson Insurance Services (dba GBP Risk Solutions), an independent insurance agency based in Arizona. GBP Risk Solutions offers large commercial...
INSURICA Announces Flurry of Acquisition Activity
Aug 29 2013 // Oklahoma City-based INSURICA Insurance Management Network announced the acquisition of five insurance agencies since December 2012. The multi-state broker had been quiet on the acquisition front since their last major deal...
Wal-Mart Will Offer Health Insurance to U.S. Employees’ Domestic Partners
Aug 28 2013 // Wal-Mart Stores Inc. said on Tuesday it will offer health insurance benefits to domestic partners of its U.S. employees starting next year, following the lead of other major companies. The world’s largest retailer,...
Arthur J. Gallagher Acquires Ottawa’s Dickinson & Associates
Aug 27 2013 // Arthur J. Gallagher & Co. said it has acquired Dickinson & Associates Inc., an employee benefits brokerage in Ottawa, Ontario Terms of the transaction were not disclosed. Founded in 1998, Dickinson & Associates...
Specialty Underwriters & Risk Evaluators Acquires WSIB Insurance Agency
Aug 26 2013 // Specialty Underwriters & Risk Evaluators LLC has acquired Jackson, Mich.-based WSIB Insurance Agency from the Capacity Group of Companies, headquartered in Mahwah, N.J. WSIB currently operates as a wholesale broker and...
ING Sells South Korean Insurance Unit to Asian Buyout Firm MBK
Aug 26 2013 // ING Groep NV sold its South Korean insurance unit on its second attempt within a year, raising about 1.84 trillion won ($1.7 billion) from MBK Partners Ltd., the Asian buyout firm formed by ex-Carlyle Group executives. MBK...
AssuredPartners Acquires Employee Benefit Advisory Firm AxisPointe in N.J.
Aug 23 2013 // Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Herbert L. Jamison & Co., completed the acquisition of AxisPointe Inc., an independent employee benefit advisory firm located in West Orange,...
North Carolina’s ECM Solutions Acquires Ferguson Agency
Aug 21 2013 // ECM Solutions of Charlotte, North Carolina, which sells commercial and personal insurance along with risk management services, has acquired the Ferguson Employee Benefits Agency in Greenville, South Carolina. ECM Solutions...
Safety Probes at Risk Without More Funding: NTSB
Aug 20 2013 // The U.S. National Transportation Safety Board, handling the most accident investigations since the 1990s, is “going to have to let some things go” if budget cuts aren’t restored, Chairman Deborah Hersman...
Mississippi Coast Property Owners Told to Buy Flood Insurance Now to Save
Aug 20 2013 // With the eighth anniversary of Hurricane Katrina near, homeowners along the Mississippi Coast also have to brace for possible rate increases of 20 percent for flood insurance and 3.2 percent for wind pool insurance. The...
Iowa Insurance Regulator Approves Aviva Acquisition
Aug 19 2013 // Iowa’s insurance regulator has approved the acquisition of West Des Moines-based AvivaUSA and subsidiaries by Athene Holding Ltd., a life insurance company owned primarily by private equity fund Apollo Global...
Catalina in Agreement with Fairfax for American Safety Acquisition
Aug 19 2013 // Catalina Holdings (Bermuda) Ltd., a consolidator in the non-life run-off sector, announced that it has signed a definitive agreement with Fairfax Financial Holdings Limited and Tower Group International, which confirms...
Acquisitions and Agency Value
Aug 19 2013 // Growth by merger or acquisition is still a popular and valuable tool, despite the economy being on hard times. One of the main reasons it remains popular among agencies is because it is a way to show growth even with...
Markel Ventures Acquires Eagle Construction in Virginia
Aug 16 2013 // Markel Ventures Inc. and Eagle Construction of VA LLC announced that Markel has acquired Eagle Construction and its affiliated entities. The terms of the transaction were not disclosed. Markel Ventures is a Markel Corp....
Applied Systems Acquires Insurecom in U.K.
Aug 14 2013 // University Park, Ill.-based insurance software provider Applied Systems Inc. has acquired Insurecom, a software and connectivity solutions company focused on the insurance industry in the United Kingdom. Under the deal...
Kaufman Financial Group Acquires ISI Insurance Services in Pennsylvania
Aug 13 2013 // The H.W. Kaufman Financial Group announced the acquisition of ISI Insurance Services, a Uniontown, Penn.-based provider of premium audits, loss control and inspection services. ISI will join the team at US-Reports, a...
Arthur J. Gallagher Acquires Broker Bollinger
Aug 13 2013 // Insurance broker Arthur J. Gallagher & Co. has acquired insurance broker Bollinger Inc., headquartered in Short Hills, New Jersey, for approximately $276.5 million. Bollinger’s business includes retail...
Aon Extends Partnership with NFL for International Series in 2013-2014
Aug 13 2013 // Aon plc is making the best of its new London domicile. With its roots in Chicago, the home of one of the National Football League’s most historic teams, Aon has embarked on bringing NFL football to the UK Aon...
