2018 mergers & acquisitions News

E&S Exit: State Auto’s Rockhill Sells Environmental Insurance Renewals to CapSpecialty

Capitol Indemnity Corp., a wholly-owned subsidiary of CapSpecialty Inc., said it has acquired the renewal rights to Rockhill Insurance Group’s excess and surplus environmental insurance book of business. Rockhill is a member of the State Auto Insurance Group, which has …

Randall & Quilter Sells Insurance Services & Captive Mgmt. Operations to Davies Group

Randall & Quilter Investment Holdings Ltd. (R&Q) announced the sale of its Insurance Services and Captive Management Operations to Davies Group, a London-based operations management, consultancy and digital solutions provider. The transaction involves the sale of the entire share capital …

Hub International Acquires P/C Book from Montreal Broker Daniel Picard

Hub International Ltd. (Hub), the Chicago-based insurance brokerage, announced it has acquired a property and casualty insurance book of business from Montreal broker Daniel Picard. Terms of the acquisition were not disclosed. Daniel Picard’s property and casualty insurance book of …

UK Broker Beach & Associates to Be Acquired by Michigan-Based Acrisure

London-based broker Beach & Associates announced Acrisure LLC has agreed to acquire 100 percent of the company’s equity from existing shareholders. These shareholders include Aquiline Capital Partners, a private equity firm led by Jeff Greenberg, as well as current and …

Allianz Suisse to Buy DAS Switzerland from Munich Re’s ERGO

Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The acquisition will strengthen the competitive position of Allianz …

AmWINS Group to Acquire Seacoast Brokers, Trident Claims Management of South Carolina

AmWINS Group, Inc., a global distributor of specialty insurance products and services, has reached a definitive agreement to acquire Seacoast Brokers, LLC, a South Carolina-based personal lines specialty MGA that designs, distributes and services surplus lines homeowners’ business throughout the …

Qatar Re Agrees to Buy Markerstudy’s Insurance Companies in Gibraltar

Qatar Reinsurance Co. Ltd. has signed an agreement to buy four Gibraltar-based insurers from Markerstudy Group. The companies are: Markerstudy Insurance Co. Ltd., Zenith Insurance PLC, St. Julians Insurance Co. Ltd. and Ultimate Insurance Co. Ltd. Financial details of the …

Zurich Insurance to Sell UK Student Insurer Endsleigh to Broker A-Plan

As part of its ongoing restructuring and simplification program, Zurich Insurance announced an agreement to sell its UK student insurer Endsleigh to insurance broker A-Plan Holdings. The financial terms of the deal, which is subject to regulatory approval, were not …

Seeman Holtz Property & Casualty Acquires J & A Insurance of Florida

Florida-based Seeman Holtz Property & Casualty, Inc. has acquired J & A Insurance and More, Inc., headquartered in West Palm Beach, Florida. Led by Jacqueline Estevez and her team, the company has offered comprehensive insurance coverage for more than 15 …