Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
ProAssurance to Acquire Workers’ Comp Insurer Eastern Holdings
Sep 24 2013 // Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers’ compensation insurer Eastern Insurance Holdings Inc. in an all-cash transaction that values Eastern at $24.50 per...
Ironshore Int’l. Appoints O’Reilly to Underwrite M&A in Singapore
Sep 24 2013 // Ironshore International has appointed Astrid O’Reilly to write Mergers & Acquisitions (M&A) insurance lines, based in its Singapore office. She will oversee Ironshore’s M&A insurance offerings and...
Cooper Gay and Swett & Crawford Acquires Lloyd’s Broker NMB
Sep 23 2013 // Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin and Buchan (NMB), subject to regulatory approval from the UK...
JLT to Acquire Towers Watson Reinsurance Brokerage Unit, Expand Into U.S.
Sep 20 2013 // UK-based broker Jardine Lloyd Thompson Group plc (JLT) said it is acquiring the reinsurance brokerage business of New York-based Towers Watson for $250 million. JLT said the acquisition would provide “a very strong...
Ascension Acquires North Carolina Transportation Broker Transure
Sep 19 2013 // Ascension Insurance Inc. has acquired transportation and trucking specialist Transure Services Inc., located in Whitsett, North Carolina. Transure’s brokerage platform is augmented by an in-house wholesale operation,...
Arthur J. Gallagher Acquires U.K.’s Belmont International
Sep 18 2013 // Arthur J. Gallagher & Co. has acquired Belmont International, located in Kent, England. Terms of the transaction were not disclosed. Established in 1988, Belmont is a risk management advisor and insurance broker that...
Confie Seguros Acquires Affirmative’s Retail Agency Group
Sep 18 2013 // Confie Seguros, a national group of personal lines insurance brokers, has agreed to acquire the retail distribution arm of Affirmative Insurance Holdings Inc., known as the Retail Agency Group. The Retail Agency Group...
Ryan Specialty Group Announces Merger of S.H. Smith & Co. Into R-T Specialty
Sep 16 2013 // Ryan Specialty Group LLC today announced that it reached agreement to merge S.H. Smith & Company Inc. into R-T Specialty LLC, the wholesale brokerage unit of Ryan Specialty Group. Terms of the transaction were not...
Berkley Underwriting Partners Changes Name to Berkley Program Specialists
Sep 16 2013 // Berkley Underwriting Partners, a W. R. Berkley company, has changed its name to Berkley Program Specialists. The company said the change better reflects its sole focus on program business. “We decided to change our...
2013 BrokersLink Conference to Focus on Partnerships, Technology
Sep 16 2013 // BrokersLink, one of the world’s largest independent insurance broker networks, whose members manage premium volumes in excess of $14 billion, announced that its fifth annual global conference will be held in...
Highland Risk Services Partners with Ironshore for Continuing Care Retirement Communities
Sep 11 2013 // Glenview, Ill.-based insurance wholesaler Highland Risk Services announced an exclusive partnership with Ironshore to provide liability insurance for the empirical risk program, which is designed specifically for...
Ironshore, Highland Risk Services form Partnership for Continuing Care Coverage
Sep 10 2013 // Insurance wholesaler Highland Risk Services has partnered with Ironshore to provide liability insurance for the Empirical Risk program, which is designed specifically for continuing care retirement communities...
1st Team Partners with Aon Cornerstone in Louisiana
Sep 10 2013 // 1st Team Insurance Agency announced a strategic partnership with Aon Cornerstone, a business unit of Aon plc, which focuses on fostering strategic alliances with minority business enterprises. 1st Team, headquartered in...
NFP Acquires Insurance West Corporation in California
Sep 9 2013 // NFP Property & Casualty Services Inc. has acquired Insurance West Corporation, an independent insurance agency in Simi Valley, Calif. specializing in property/casualty for the entertainment industry. The deal closed on...
American Family Insurance to Acquire Homesite Group for $616M
Sep 6 2013 // Madison, Wis.-based American Family Insurance announced that it reached agreement to acquire direct homeowners insurer Homesite Group Inc. for an anticipated $616 million. Homesite Group is a Boston-based direct writer of...
KKR to Buy Claims Technology Firm Mitchell in $1B Deal
Sep 6 2013 // KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, agreed to buy ., the first buyout by the firm’s technology group since the head of the team stepped down earlier this year. The...
Confie Seguros Acquires Olympic Insurance in Washington
Sep 4 2013 // Confie Seguros has acquired Olympic Insurance in Shelton, Wash., a provider of auto, home and small commercial insurance. Olympic Insurance was founded in 1997 and is a privately owned independent insurance agency serving...
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...
