Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
NFP Acquires Presidio Financial Services in California
Jun 28 2023 // NFP acquired Presidio Financial Services Corp. in Westlake Village, California. Presidio is an independent insurance brokerage that provides products tailored for physicians, doctors, healthcare facilities and healthcare...
FIGA Sells Muni Bonds to Keep Up with Insolvent Insurer Claims
Jun 27 2023 // The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is the first time in...
World Insurance Acquires The Mogil Organization of New York City
Jun 23 2023 // World Insurance Associates announced that it acquired the business of The Mogil Organization LLC of New York, New York. Terms of the transaction were not disclosed. Since 1957, Mogil has offered corporate and personal...
Insurance Quantified Acquires Michigan’s Groundspeed Analytics
Jun 22 2023 // Insurance Quantified, a commercial P&C underwriting technology provider, announced it has acquired Ann Arbor, Michigan-based Groundspeed Analytics, an ingestion and data solutions provider for the commercial P&C...
Howden Acquires 2 Swiss Brokers
Jun 21 2023 // Howden, the London-based insurance broker, announced it has expanded its offering in Switzerland with the acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born...
World Insurance Acquires Business of B. R. Alexander in Boston
Jun 21 2023 // Insurance broker World Insurance Associates LLC reports it acquired the business of B. R. Alexander & Co., Inc. of Boston, Massachusetts on May 1, 2023. Terms of the transaction were not disclosed. B. R. Alexander was...
World Insurance Acquires Assets of Bryant Agency in Upstate New York
Jun 20 2023 // Insurance broker World Insurance Associates LLC announced that it acquired substantially all the insurance assets of Bryant Asset Protection, Inc. of Slingerlands, New York. Terms of the transaction were not disclosed. BAP...
Howden Acquires German Marine Broker Northern Lloyd
Jun 16 2023 // Howden, the London-based insurance broker, announced it has strengthened its marine offering in Europe with the acquisition of Bremen-based broker Northern Lloyd, one of the leading marine brokers in Northern Germany. The...
Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion
Jun 15 2023 // Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for €2.3 billion ($2.5 billion), as part of its plan to expand in non-life insurance. Liberty...
ALKEME Acquires Texas’ Daugherty Insurance Group
Jun 15 2023 // ALKEME announced the acquisition of the Daugherty Insurance Group, a Sugar Land, Texas- based full-service insurance agency. For over three decades, Daugherty Insurance Group has been focused on serving their loyal...
Core Specialty Forms Medical Stop Loss Division With Acquisition of Texas’ American National Group
Jun 13 2023 // Core Specialty Insurance Holdings, Inc., and its subsidiaries announced today that it will form a medical stop-loss division through the acquisition of the MGU/Stop-Loss business of American National Group. The acquisition...
Lawmakers in Montana, Louisiana Pass Bills to Require Disclosure of Litigation Funding
Jun 13 2023 // Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed...
Two More States Pass Bills to Require Disclosure of Litigation Funding
Jun 13 2023 // Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed...
Acrisure Acquires TEn, Will Go to Market as Eleven Network
Jun 9 2023 // Acrisure said it has acquired TEn Insurance Services Ltd. As part of the acquisition, TEn will go to market as Eleven Network. The deal is expected to close in the near term, pending FCA regulatory approvals. Terms were...
Hub Acquires Illinois-Based E-Insurance Services
Jun 7 2023 // Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced that it has acquired the assets of E-Insure Services, Inc. (EINSURANCE). EINSURANCE is a web-based,...
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits
Jun 7 2023 // A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may not be entitled to $80 million in insurance to cover settlements of shareholder lawsuits related to the merger...
Hub Acquires Ohio’s HORAN Associates
Jun 6 2023 // Hub International Limited announced that it has acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively HORAN Health). Terms of the transaction were not disclosed. With...
Ryan Specialty Acquires Texas’ Point6
Jun 6 2023 // Ryan Specialty announced it has signed a definitive agreement to acquire certain assets of Point6 Healthcare, LLC (“Point6”), a distributor of medical stop loss insurance, pharmacy solutions, and complex claims...
Ryan Specialty to Acquire ACE Benefit Partners in Idaho
Jun 6 2023 // Ryan Specialty signed a definitive agreement to acquire certain assets of ACE Benefit Partners Inc. in Eagle, Idaho. The acquisition is expected to close in July 2023. ACE Benefit Partners is a medical stop loss general...
Insurance Broker CBIZ Buys Information Security Consultant Pivot Point
Jun 6 2023 // Cleveland-based insurance and financial advisory firm CBIZ, Inc. announced that it acquired information security consulting firm, Pivot Point Security, of Hamilton, New Jersey, effective June 1, 2023. Founded in 2001, PPS...
