Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Liberty Company Insurance Brokers Acquires LAGG in Arizona
Feb 15 2022 // The Liberty Company Insurance Brokers acquired LAGG in Mesa, Arizona. LAGG was formed in 2016 by Rick Mascolino. The agency helps its clients in construction, transportation and personal lines. The Liberty Company...
Oregon Getting $262M in Wildfire Recovery Funding
Feb 15 2022 // The U.S. Forest Service in Oregon will receive more than $262 million in federal disaster funding to help with wildfire recovery. Oregon Public Broadcasting reported the money is part of a $1.1 billion disaster assistance...
Takeaways from Our Conversation on More M&As, Cannabis ‘Frappucinos’ on Tap for 2022
Feb 14 2022 // Powered by InsuranceJournal.tv New Frontier Data, a producer of cannabis research and intelligence, released its “22 for 22 Report,” in January, which imparts a definitive air of optimism mixed with few...
World Insurance Acquires Allied Partners in Maryland-District of Columbia Area
Feb 11 2022 // World Insurance Associates said it acquired Allied Partners Insurance Inc. of Gaithersburg, Maryland on February 1, 2022. Terms of the transaction were not disclosed. Allied Partners Insurance, Inc. was established in...
Antelope Acquires Digital Pet Insurance Provider Doggo
Feb 10 2022 // Pet wellness platform Antelope has acquired Doggo Insurance, a digital pet insurance provider. Doggo is available in all 50 states and is in partnership with Crum & Forster Pet Insurance Group, based in Akron, Ohio....
Relation Insurance Acquires Sleeper Sewell Insurance in Texas
Feb 10 2022 // Relation Insurance Services, a national insurance agency based in California, has acquired the assets of Dallas, Texas-based Sleeper Sewell Insurance, the company announced Thursday. Terms of the deal were not disclosed....
Hilb Group Acquires Pennsylvania’s Wharton Surety Consultants
Feb 10 2022 // The Hilb Group announced that it has acquired Wharton Surety Consultants, expanding its growing presence in the Philadelphia area. The transaction became effective December 31, 2021. Based in Wayne, Pennsylvania, Wharton...
Risk Strategies Buys Gehring Group in Florida
Feb 10 2022 // Risk Strategies, a national brokerage and risk management firm, announced it has acquired the Gehring Group, an employee benefits and risk consulting firm. Based in Palm Beach Gardens, Florida, Gehring provides risk...
Inszone Acquires Risco Insurance Services in California
Feb 9 2022 // Inszone Insurance Services acquired Risco Insurance Services Inc. in South Gate, California. The firms will merge and operate under the Inszone Insurance brand going forward. The Risco Insurance team will transition over...
Texan Insurance Acquires Texans Insurance & Financial Group
Feb 9 2022 // Texan Insurance acquired Texans Insurance & Financial Group, Inc. in an all-cash transaction effective Dec. 30, 2021. Founded in 1991 in Sugarland, Texas, Texans Insurance & Financial Group (TIFG) is an...
Truist Insurance to Acquire Title Insurance Agency Kensington Vanguard
Feb 9 2022 // Charlotte, North Carolina-based Insurance broker Truist Insurance Holdings, Inc. reports it has agreed to acquire the national title insurance agency Kensington Vanguard National Land Services. The transaction expands...
Alabama House Agrees to Send More Funding to Wind Mitigation Program
Feb 9 2022 // The Alabama House of Representatives has agreed to divert more funding to Strengthen Alabama Homes, a program that fortifies houses and roofs to mitigate wind damage. Rep. Chip Brown The House this week approved House Bill...
Vantage Group Raises Additional Capital, Acquires U.S. Admitted Carrier
Feb 9 2022 // Bermuda-based re/insurer Vantage Group Holdings Ltd. announced that funds managed by Carlyle and Hellman & Freidman have committed up to an additional $200 million of capital to fund the continuing growth of Vantage,...
XPT Specialty Acquires Indiana’s Insurance Brokers Incorporated
Feb 9 2022 // XPT Specialty has acquired Insurance Brokers Incorporated, headquartered in Indianapolis, Indiana, in a move that continues a series of acquisitions for the company. IBI is a wholesale insurance broker and general agency...
NFP Acquires East Coast Underwriters, Blue Ridge Captive Firm
Feb 9 2022 // NFP, a global insurance broker and consultant, has acquired East Coast Underwriters and Blue Ridge Captive Solutions, expanding NFP’s medical stop-loss and self-funded group captive lines of business, the company...
World Insurance Acquires J.K. Olivieri Agency in Massachusetts
Feb 8 2022 // Broker World Insurance Associates reports it acquired J.K. Olivieri Insurance Agency, Inc. of Middleboro, Massachusetts, on December 1, 2021. Terms of the transaction were not disclosed. J.K. Olivieri Insurance Agency was...
People Moves: Groundspeed Adds Three Executives; Alera Appoints Reyes as Associate General Counsel, M&A
Feb 8 2022 // Groundspeed Adds Three Executives Ann Arbor, Michigan-based Groundspeed, a provider of SaaS-delivered smart submission and analytics solutions to the property & casualty insurance industry, has hired three key...
Aston Lark Acquires UK Employee Benefits Specialist, Healthwise Group
Feb 8 2022 // Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced Healthwise Group Ltd. as its second healthcare acquisition of 2022. Financial details of the transaction were not...
Hub Acquires Assets of AVI Commercial Insurance in California
Feb 7 2022 // Hub International Ltd. acquired the assets of AVI Commercial Insurance Marketing Inc. in San Clemente, California. Doug Krumpols, president, and the AVI team will join Hub’s Los Angeles and Orange County...
Insurance Agency M&As Jumped 30% in 2021: OPTIS
Feb 7 2022 // There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to agency consultancy OPTIS Partners. Also, the 384 deals during the fourth quarter of 2021 marked a...
