Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Smith Brothers Insurance Acquires Massachusetts’ Oxford Insurance Agency
Nov 4 2021 // Smith Brothers Insurance, based in Glastonbury, Connecticut, has acquired Oxford Insurance Agency, an independent insurance agency in Oxford, Massachusetts. The transaction is effective November 1, 2021. The acquisition...
AgentSync Acquires Finvera to Streamline Broker Identity and Licensing Management
Nov 4 2021 // Acquisition of identity verification platform Finvera accelerates AgentSync’s goal of being the insurance industry’s most advanced producer management system DENVER, CO, November 4, 2021 –– AgentSync, the...
AgentSync Acquires Broker ID Provider Finvera in California
Nov 4 2021 // AgentSync has acquired Finvera, a cloud identity passport for licensed brokers in San Francisco, Calif. Cameron Nordholm, founder of Finvera, joins the AgentSync team as head of product. Terms of the deal were not...
Marsh McLennan Acquires Texas-Based Southwest Truck Insurance Agency
Nov 3 2021 // Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Southwest Truck Insurance Agency, Inc., an independent agency in Irving, Texas. Terms of the acquisition were not disclosed. Founded in 1986, Southwest Truck...
Willis Towers Watson Agrees to Acquire Remaining 51% Stake in WTW India
Nov 3 2021 // Insurance broker Willis Towers Watson announced the signing of an agreement to acquire the remaining 51% shares from Anemone Holdings Private Ltd and Rohit Jain in Willis Towers Watson (WTW) India. WTW currently owns 49%...
Freeway Insurance Acquires Texas’ AutoPartners
Nov 3 2021 // Freeway Insurance, a division of Confie, has acquired Texas-based AutoPartners Insurance Agency, Inc, under the Freeway Insurance brand. As part of the acquisition, Freeway Insurance will retain AutoPartners Insurance...
Inszone Insurance Acquires Texas-Based Ratliff Insurance Agency
Nov 3 2021 // Inszone Insurance Services, a national provider of benefits, personal and commercial lines insurance, has acquired Ratliff Insurance Agency. The acquisition marks Inszone’s expansion into Texas. Founded by Paula...
Verisk Acquires Driver Data Company
Nov 3 2021 // Verisk Analytics, the global data analytics firm, has acquired North Carolina-based Data Driven Safety to expand its automobile insurance underwriting data business, Verisk announced. Data Driven Safety, founded in 2009...
Mount Logan Capital Completes Acquisition of Nebraska’s Ability
Nov 2 2021 // Mount Logan Capital Inc. has completed its previously announced acquisition of 100% of the equity of Omaha, Nebraska-based Ability Insurance Company for a purchase price of $20 million comprised of the issuance of an...
One80 Intermediaries Acquires Hill Program Managers in Colorado
Nov 2 2021 // One80 Intermediaries acquired Hill Program Managers LLC, a Denver, Colo.-based program manager for commercial lines insurance. Terms of the deal were not disclosed. Hill Program specializes in oil and gas service...
Investor Research Firm ISS to Acquire Discovery Data
Nov 2 2021 // Corporate governance and investor data firm Institutional Shareholder Services Inc. said it has agreed to acquire Discovery Data, Inc., which provides data and analytics to the asset management, insurance and other...
Ardonagh Group Closes on Acquisition of BGC Partners Insurance Units
Nov 1 2021 // UK insurance broker Ardonagh Group has completed its acquisition of the insurance operations of BGC Partners Inc. for $500 million in cash. The deal was first announced in May. Ardonagh has acquired 100% of Ed Broking...
Risk Strategies Acquires Illinois-Based Better Business Planning
Nov 1 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Better Business Planning, Inc., an insurance agency specializing in employee benefits solutions. Terms of the deal were not...
Alera Group Acquires Bagwell, One of Oldest North Carolina Agencies
Nov 1 2021 // Alera Group, a national insurance and wealth management firm, announced it has acquired 102-year-old Bagwell & Bagwell Insurance in North Carolina. Bagwell, founded in 1919, is a property and casualty agency that...
Aquiline Capital Partners to Acquire Majority Stake in UK Insurtech Ripe Thinking
Nov 1 2021 // Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC to acquire a majority stake...
Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership
Nov 1 2021 // Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership. On the last day of Generali’s...
Alera Group Acquired Blue Communications in California
Oct 29 2021 // Alera Group acquired Blue Communications in Hollywood, Calif. Blue Communications is a human resources consulting and communications agency specializing in internal communications, well-being program development,...
Amazon-Backed Indian Online Insurer Acko Valued at $1.1B in New Funding Round
Oct 29 2021 // General Atlantic and local private equity firm Multiples Private Equity led a $225 million funding in Acko General Insurance, valuing the Indian online insurer at $1.1 billion. Existing investors including Canada Pension...
La Banque Postale Plans to Buy French Insurer CNP
Oct 28 2021 // PARIS — The banking arm of French mail operator La Poste is planning to buy banking group BPCE’s stake in French insurer CNP, the companies said on Thursday, and then plans to make an offer to buy the rest of the...
Arthur J. Gallagher Acquires Illinois’ The VanDyke Group
Oct 27 2021 // Arthur J. Gallagher & Co. has acquired Homer Glen, Illinois-based The VanDyke Group, Inc. Terms of the transaction were not disclosed. Founded in 1984, The VanDyke Group offers employee benefits consulting and HR...
