Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
UK Broker Aston Lark Acquires Mainstay Insurance
Jan 4 2022 // Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced the acquisition of UK broker Mainstay Insurance. Financial details of the transaction were not disclosed. Founded in 2013 by...
World Insurance Associates Acquires Pennsylvania’s PLA Insurance Services
Jan 4 2022 // World Insurance Associates LLC (WIA) acquired PLA Insurance Services (PLA) of Harrisburg, Pennsylvania, on December 1, 2021. Terms of the transaction were not disclosed. PLA is a full-service, multi-solution insurance...
Cyber Insurtech Corvus Buys Lloyd’s Coverholder Tarian Underwriting Ltd.
Jan 4 2022 // Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd. Tarian operates a cyber underwriting platform that provides cyber...
Brown & Brown Acquires Texas’ Harco Insurance Services
Jan 3 2022 // Brown & Brown Lone Star Insurance Services, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Texas-based Harco Insurance Services. With roots dating back to 1969, Harco is...
China Approves HSBC Acquisition of 100% of Insurer Joint Venture
Dec 30 2021 // HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint venture in the country, as it continues to expand its non-core banking services. HSBC has got clearance...
Wright National to Acquire Federal Flood Policies of Westfield Insurance
Dec 30 2021 // Wright National Flood Insurance Co. said it will acquire the current flood insurance book of business from Westfield Insurance Co. and will service, administer and issue flood coverage under the National Flood Insurance...
Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford
Dec 29 2021 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include...
Choice Financial Group Acquires New Hampshire’s Bernier Insurance Agency
Dec 29 2021 // Choice Financial Group announced acquired New Hampshire-based Bernier Insurance Agency, adding a presence in New England. Based in Rochester, New Hampshire, and led by President Troy Dillow, Bernier is a full-service...
Gallagher Acquires Five Points in Tennessee
Dec 28 2021 // Arthur J. Gallagher & Co. has acquired Franklin, Tennessee-based Five Points Benefits Solutions, an employee benefits provider, the company announced this month. Five Points, founded in 2011, serves clients in...
Federal Relief Funding Available in Five Arkansas Counties Following Tornadoes
Dec 27 2021 // President Joe Biden has declared a major disaster in Arkansas, making federal relief funding available in five north eastern counties hit by tornadoes that ripped through the Midwest and South this month. The declaration...
Canopius Completes Loss Portfolio Transfer Agreement With Legacy Acquirer Riverstone
Dec 27 2021 // Canopius Group, the London-based global specialty re/insurer, announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International. The agreement covers discontinued classes of business...
UK Broker Ardonagh to Acquire Portugal’s MDS Group
Dec 27 2021 // UK broker Ardonagh Group announced it has agreed to acquire Portuguese broker MDS Group. Headquartered in Porto, MDS has offices in Brazil, where it is the country’s largest independent broker, as well as Angola,...
Italian Judge Drops Case Against Unipol CEO Over Merger With Insurer Fondiaria
Dec 27 2021 // An Italian judge on Thursday dropped a case against the CEO of Unipol and six other people related to the 2013 merger between Italy’s second-largest insurer and smaller rival Fondiaria-SAI, a judicial document seen...
King Insurance Acquires Three More Agencies
Dec 27 2021 // King Insurance, a Florida-based insurance broker and employee benefits firm, has acquired three agencies in Florida and Georgia, bringing to 11 the number of acquisitions for the company this year. King, headquartered in...
World Insurance Associates Acquires Total Coverage Insurance in Texas
Dec 22 2021 // World Insurance Associates LLC has acquired Total Coverage Insurance of Irving, Texas. Terms of the transaction were not disclosed. TCI offers all-encompassing services to their customers. They provide commercial and...
Alera Group Acquires Ashbrook-Clevidence in California
Dec 22 2021 // Alera Group acquired Ashbrook-Clevidence Inc. in Santa Ana, California. The Ashbrook-Clevidence team will continue serving clients in its existing roles. Ashbrook-Clevidence provides employee benefits, property/casualty...
Butler & Messier Insurance Acquires Two Rhode Island Agencies
Dec 22 2021 // Butler & Messier Insurance recently acquired two Cranston, Rhode Island, insurance agencies to add to its expanding statewide footprint. Effective October 1, 2021, Butler & Messier successfully closed on the final...
Acrisure Acquires Parts of SUNZ Insurance Operations
Dec 22 2021 // Acrisure, a fintech company and insurance broker, has acquired the managing general agency and third-party administrator operations of Florida-based SUNZ Insurance, a workers’ compensation specialist, the company...
Title Insurer Stewart Acquires Midwest, Florida Title Firms
Dec 21 2021 // Stewart Information Services Corp. reported it has acquired firms in the Midwest and Florida as it continues to gain scale. Stewart has acquired Greater Illinois Title Co., which is headquartered in Chicago, and operates...
Global M&A Activity Shatters Records, Topping $5 Trillion in 2021
Dec 21 2021 // LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that was set nearly 15 years ago, as an abundance of capital and sky-high...
