Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aon Acquires Tyche Actuarial Platform to Expand Insurance Consulting
Mar 1 2022 // Global insurance and professional services firm Aon has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. Tyche develops customized risk and capital modelling software for actuaries,...
Brown & Brown Acquires Texas’ CrossCover
Feb 28 2022 // Brown & Brown, Inc. has entered into an agreement to acquire CrossCover Insurance Services. The transaction is expected to close before April 2022, subject to certain closing conditions. CrossCover provides E&S...
Riskonnect Acquires UK Risk Management Software Firm Sword GRC
Feb 28 2022 // Integrated risk management software provider Riskonnect reports it has acquired the Sword GRC, a UK-based software company that specializes in project and enterprise risk management products, from global technology firm...
Verisk Acquires Illinois’ Infutor
Feb 24 2022 // Verisk, the global data analytics provider, has acquired Infutor, a provider of identity resolution and consumer intelligence data. Verisk plans to integrate Infutor with Jornaya, which it acquired in 2020, to form Verisk...
Applied Underwriters to Buy Catlin Specialty From AXA XL
Feb 24 2022 // Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it will consolidate Catlin into the North American Casualty group of companies in a move...
Brazilian Hospital Chain Rede D’or Acquires Insurer SulAmerica for $2.6 Billion
Feb 24 2022 // Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal combining Brazil’s largest hospital network with one of the country’s major...
High Street Acquires Michigan’s The Craft Agency
Feb 23 2022 // High Street Insurance Partners has acquired The Craft Agency in Jackson, Michigan. The Craft Agency has been serving their clients for 100 years and provides comprehensive personal lines, commercial and life insurance...
Travelers Acquires Tech Assets of Insurtech Trōv for Personal Insurance
Feb 23 2022 // Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced this morning that The Travelers Companies will acquire its technology...
Aston Lark Ireland Buys Marine & General Insurances DAC
Feb 23 2022 // Aston Lark Ireland announced it has agreed terms to acquire Marine & General Insurances DAC. Terms of the deal, which is subject to regulatory approval, were not disclosed. Based in Dublin, Marine & General...
Maine Eyes Additional Funding to Fight ‘Forever Chemicals’
Feb 22 2022 // Maine lawmakers are going to consider more funding to fight “forever chemicals” as more farms discover contamination. Perfluoroalkyl and polyfluoroalkyl substances — known as PFAS — have been found in...
FTC Sues to Stop Merger of Rhode Island’s Two Biggest Hospital Firms
Feb 18 2022 // The U.S. Federal Trade Commission said on Thursday that it would file a lawsuit aimed at stopping the merger of Rhode Island’s two largest health care providers, Lifespan Corp. and Care New England Health System. The...
Canada’s Crackdown on Trucker-Protest Funding May Be Challenge for Insurers, Banks
Feb 18 2022 // Canada roped in banks to help cut funding to protesters against COVID-19 mandates this week, but the requested speed and broad scope of the measures leaves financial institutions to their own devices in enforcing most of...
Risk Strategies Acquires Joyce Insurance in Pennsylvania
Feb 17 2022 // Specialty insurance brokerage Risk Strategies has acquired the retail brokerage operations and assets of Joyce Insurance Group and associated businesses in Pittston, Pennsylvania. The acquisition of Joyce Insurance Group...
Canadian Pension Fund CDPQ to Buy Stake in Cyber-Security Firm ESentire: Sources
Feb 17 2022 // ESentire Inc., a cyber-security company backed by private equity firm Warburg Pincus, has struck a deal to sell a stake to two investment firms at a $1.2 billion valuation, according to people familiar with the...
The Liberty Company Acquires Babcock in California
Feb 17 2022 // The Liberty Insurance Brokers acquired R.W Babcock Insurance Brokerage Inc. in Pleasanton, California. Founded in 2013 and led by Rob Babcock, R.W. Babcock Insurance specializes in insurance, surety, and various services...
AXA Insurance UK Buys Ageas UK’s Commercial Business Renewal Rights
Feb 16 2022 // AXA Insurance UK announced the acquisition of the renewal rights to Ageas UK’s commercial business for an initial consideration of £47.5 million (US$64.3 million). The deal will see Ageas’ Commercial lines...
AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm
Feb 16 2022 // Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England, according to people familiar with the...
Insurtech bolttech Buys Singapore-Based Specialist Broker AVA Insurance
Feb 16 2022 // bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based specialist broker and insurance intermediary. The acquisition follows bolttech’s completion of its US$247...
Higginbotham Acquires HR Services Firm WhitneySmith in Texas
Feb 15 2022 // Higginbotham has acquired Fort Worth, Texas-based WhitneySmith Company, a provider of HR advisory services. WhitneySmith will expand the service capacity of Higginbotham’s HR Services division while giving...
Global Insurance M&A Rises in 2021, Despite Pandemic Pressures: Clyde & Co. Report
Feb 15 2022 // There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co. Activity was driven by a...
