Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub Acquires Assets of Oregon-Based Hanson Insurance Group
May 3 2022 // Hub International Ltd. acquired the assets of BDTAB LLC and Corvallis Insurance LLC, collectively doing business as Hanson Insurance Group, in Corvallis, Oregon. Brad Hanson, CEO of Hanson Insurance Group, Trent Hanson,...
UK’s Aston Lark Purchases UKGlobal Broking Group in 50th Acquisition
May 3 2022 // Aston Lark, the London-based broker, announced UKGlobal Broking Group as its 50th acquisition since launching in 2018, less than two weeks after officially becoming part of the Howden Broking Group. Manchester,...
Brown & Brown Agrees to Acquire Dublin’s Quinlan Insurance
May 2 2022 // Brown & Brown Inc. announced it has entered an agreement to acquire the general insurance operations of Quinlan Insurance. Financial details of transaction, which is expected to close in late June 2022, were not...
Cross Insurance Acquires Humphrey, Byfield Agencies in Coastal Massachusetts
Apr 29 2022 // Cross Insurance announced the acquisition of Newburyport, Massachusetts-based Harold Humphrey Insurance Agency, Inc. and its sister agency, Byfield Insurance Agency, Inc., both offering personal and small business...
Reliance Global Acquires Illinois’ Barra & Associates
Apr 28 2022 // Reliance Global Group, Inc. acquired Schaumburg, Illinois-based Barra & Associates a provider of both personal and commercial insurance products, including property and casualty insurance, life insurance, health...
Relation Buys Rabon Agency in North Carolina
Apr 27 2022 // Relation Insurance Services has acquired North Carolina-based Rabon Insurance Agency, which was previously part of Nationwide’s exclusive distribution model. Terms of the deal were not disclosed. Rabon, headquartered...
Oswald Cos. Acquires Ohio’s Gulick Roberts
Apr 27 2022 // Oswald Companies acquired Madeira, Ohio-based Gulick Roberts Group, LLC. Financial terms of this acquisition were not disclosed. Gulick Roberts Group, was founded by insurance executive Jim Gulick in 2017, and has a staff...
Arthur J. Gallagher Acquires Ryan Insurance Strategy Consultants in Colorado
Apr 25 2022 // Arthur J. Gallagher & Co. acquired Greenwood Village, Colorado-based Ryan Insurance Strategy Consultants. John Ryan and his associates will continue operating from their current location under the direction of Kevin...
Federal Court in Delaware Requiring Disclosure of Litigation Funding Agreements
Apr 22 2022 // Insurers are applauding a decision by the chief judge for the U.S. District Court in Delaware to require parties to disclose whether a litigation funder has an interest in any cases brought before him. The standing order...
Risk Strategies Acquires Texas’ Advisor Brokerage Services
Apr 21 2022 // Risk Strategies has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS). Terms of the deal were not announced. Although well established in the state, ABS is the...
Hilb Group Acquires Vermont’s Paige & Campbell and Taylor Palmer Agencies
Apr 21 2022 // National insurance agency The Hilb Group reports it has acquired Vermont-based Paige & Campbell, Inc., and its subsidiary the Taylor Palmer Agency in Bradford, expanding the company’s growing presence throughout...
SIAA Acquires Rogue Risk, Expands Digital Footprint
Apr 21 2022 // SIAA (Strategic Insurance Agency Alliance) – the largest alliance of independent insurance agencies in the United States – said it has acquired and partnered with Rogue Risk, a digital independent insurance...
Higginbotham Buys Lyon Fry Cadden in Alabama
Apr 20 2022 // Lyon Fry Cadden Insurance, one of the oldest property and casualty brokers in Alabama, is now part of Higginbotham, one of the largest U.S. brokers and human resources and benefits firms. Higginbotham said in a press...
Insurtech Funding Levels Come Crashing Down in Q1
Apr 20 2022 // Funding for the insurtech sector plummeted 58% in the first quarter of 2022 compared to fourth-quarter 2021, according to data released Tuesday by CB Insights. The total funding amount of $2.2 billion across 143 deals,...
Gulf Coast, Mississippi River Regions Eager for Flood Funding
Apr 19 2022 // When Hurricane Ida hit last summer, a storm surge overwhelmed a levee and gushed into Ted Falgout’s coastal Louisiana home, destroying his furniture and the beloved framed photos of his twin sons kissing him on their...
Arthur J. Gallagher Acquires Illinois’ G.A. Mavon & Mavco
Apr 19 2022 // Arthur J. Gallagher & Co. announced the acquisition of Hinsdale, Illinois-based G.A. Mavon & Co. and its Mavco Insurance Agency, Inc. subsidiary. Terms of the transaction were not disclosed. Founded in 1916, G.A....
How Warren Buffett Does a Deal: Alleghany Merger Backstory
Apr 18 2022 // Berkshire Hathaway didn’t require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion deal price that Warren Buffett offered to CEO Joseph Brandon in early...
King Brokerage Acquires Ameriway in NE Florida
Apr 18 2022 // The King Insurance brokerage firm has acquired Ameriway Insurance Co., based in Fernandina Beach, Florida, the companies announced. Ameriway provides commercial and personal lines coverage and was founded by Charles Hayes....
Relation Insurance Grows in East, Acquiring Ex-Nationwide Agency in Connecticut
Apr 14 2022 // California-based national agency Relation Insurance Services reports it has acquired the assets of Guilford, Connecticut-based Yerkes-Stephens Insurance. Yerkes-Stephens was previously part of Nationwide Mutual Insurance...
One80 Acquires New York-Based Marine Wholesaler Seacoast Specialty
Apr 13 2022 // Boston-based specialty insurance broker One80 Intermediaries reported that it has acquired New York-based Seacoast Specialty Administrators, Inc. Terms of the deal were not disclosed. Established in 1997, Seacoast is a...
