Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Biz Moves: PCF Acquires Apple Insurance in Florida
Aug 30 2022 // PCF Insurance Services (PCF), a brokerage headquartered in Lehi, Utah, has acquired Florida-based insurance broker Apple Insurance and Financial Services. Apple Insurance is an individual health and Medicare insurance...
World Insurance Acquires 2 Massachusetts Agencies: Tarpey and Rush-Kent
Aug 26 2022 // Insurance broker World Insurance Associates acquired two Massachusetts agencies: Tarpey Insurance Group of Wakefield, and Rush-Kent Insurance Agency Inc. of Arlington, on August 1. Tarpey is a family-owned and operated...
Arthur J. Gallagher & Co. Acquires Louisiana-Based Watkins
Aug 25 2022 // Arthur J. Gallagher & Co. today announced the acquisition of Alexandria, Louisiana-based Watkins Insurance & Benefits, LLC, dba Watkins Group — Insurance & Benefits Specialists. Terms of the transaction were...
Highstreet Acquires Michigan’s Paragon Underwriters
Aug 25 2022 // Highstreet Insurance Partners has acquired Michigan-based Paragon Underwriters. Paragon Underwriters is a program manager that focuses exclusively on attorneys and law firms. Highstreet. has now completed 125 transactions...
Hub Acquires Winter Harbor Insurance Group in Massachusetts
Aug 25 2022 // Global insurance broker Hub International reports it has acquired the assets of Winter Harbor Insurance Group. Located in Woburn, Massachusetts, Winter Harbor Insurance Group is an independent insurance agency providing...
Risk Strategies Acquires New Jersey’s Dickstein Associates
Aug 24 2022 // Risk Strategies, a Boston-based national specialty insurance brokerage, has acquired Dickstein Associates Agency, a retail insurance agency located in Tinton Falls, New Jersey. Founded in 1965, Dickstein Associates...
One80 Intermediaries Acquires Pennsylvania Wholesale Broker Agentic
Aug 24 2022 // Boston-based specialty insurance broker One80 Intermediaries reports that it has acquired wholesaler broker Agentic Insurance of Radnor, Pennsylvania. Agentic is a privately owned specialty operation providing professional...
Aston Lark Acquires UK Broker AJ Insurance Service
Aug 24 2022 // Aston Lark, a Howden company, announced the acquisition of AJ Insurance Service Ltd. Financial details of the deal were not disclosed. Based in Tilbury in Essex, England, AJ Insurance Service was established in 1979 by...
Cyber MGA At-Bay Acquires Tech-Solutions Provider Relay
Aug 22 2022 // At-Bay, the San Francisco-based insurtech and managing general agent, announced the acquisition of Relay, a technology solutions provider that enables the digital transformation of commercial insurance...
PCF Acquires John E. Peakes Insurance Agency in California
Aug 19 2022 // PCF Insurance Services acquired John E. Peakes Insurance Agency Inc. in Ventura, California. John E. Peakes is a family-owned, personal lines agency. They offer personal, business, gym, fitness studios, restaurants, and...
Global M&A Hits 10-Year High, Says Clyde & Co.
Aug 18 2022 // The volume of global insurance industry mergers and acquisitions reached a 10-year high in the first half of 2022, up 9.5% from the same six months a year ago. According to Clyde & Co’s Insurance Growth Report...
Georgia’s MagMutual to Acquire New Jersey-Based MDAdvantage Insurance
Aug 17 2022 // MagMutual Insurance Co. and MDAdvantage Holdings Inc. have reached an agreement for MagMutual, headquartered in Atlanta, to acquire MDAdvantage Insurance Co., based in New Jersey. MDAdvantage, according to AM Best, is one...
Ocean Re Buys UK-Based Oceva Risk Solutions
Aug 17 2022 // Ocean International Reinsurance Co. Ltd. (Ocean Re), a Barbados-based reinsurer, announced it has acquired Oceva Risk Solutions Ltd., a London appointed representative that sources reinsurance, insurance, fronting and risk...
$12M in Emergency Funding for Death Valley Flood Repairs
Aug 17 2022 // Nearly $12 million has been made available to the National Park Service to repair flood damage to roads in Death Valley National Park, the U.S. Department of Transportation’s Federal Highway Administration said. Most...
Applied Systems Acquires Tarmika
Aug 16 2022 // Applied Systems said it has acquired Tarmika, a leading commercial lines rating solution that streamlines small business insurance. This complementary acquisition will expand Applied’s commercial quoting and...
Jensten Group Buys UK-Based Broker J. Bennett & Son
Aug 16 2022 // The Jensten Group, the London-based independent insurance broking group, has acquired J. Bennett & Son Insurance Brokers, based in High Wycombe, England, and its Oxford-based subsidiary, Mathews Comfort & Co., for...
Coalition to Now Offer Cyber Policies With Acquisition of Admitted Carrier
Aug 15 2022 // Coalition said it received regulatory approval and completed the acquisition of Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation. Digital Affect Insurance Company is a property and...
$16 Million Part of Federal Funding to Aide Florida with Affordable Housing
Aug 15 2022 // The U.S. government is providing almost $12 million to help residents pay rent and mortgages in south Florida, a place that has been called the epicenter of the nation’s affordable housing crisis. The South Florida...
Reinsurance M&A Slows Amid Macroeconomic Risks, Higher Natural Disaster Claims
Aug 15 2022 // Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and heightened catastrophe losses linked to climate change, according to Fitch...
Hub International Acquires Canada Broker Jaimac Risk Management
Aug 15 2022 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario,...
