Latest Mergers & Acquisitions Headlines

All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.

The Smart Workforce Pivot: Insurance’s Backdoor to Talent Acquisition

Jul 15 2024 // The dilemma in today’s labor market is real.In 2023, the U.S. labor market had 9.5 million unfilled jobs. Yet there were just 6.5 million unemployed workers, according to the U.S. Chamber of Commerce. If every...

Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS

Jul 12 2024 // Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter...

Heffernan Acquires Costello Insurance Associates in Arizona

Jul 12 2024 // Heffernan Insurance Brokers acquired Costello Insurance Associates in Tempe, Arizona. Pat Costello and his team of five employees will continue to service their new and existing customers Costello services clients...

Aviva Completes Acquisition of Probitas, Re-entering Lloyd’s After More Than 20 Years

Jul 11 2024 // UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to the Lloyd’s market after a hiatus of more than 20 years.The deal with...

Hub International Acquires Wyatt Agency in Tennessee

Jul 10 2024 // Hub International Ltd., the global insurance brokerage and financial services firm, has expanded again with the acquisition of Wyatt Insurance Services in Tennessee. With offices in Knoxville and Clarksville, Wyatt is an...

Marsh McLennan Agency to Acquire The Horton Group

Jul 10 2024 // Marsh McLennan Agency said it has a definite agreement to buy Illinois-based brokerage The Horton Group, Inc.Terms were not disclosed. The deal is expected to close during the third quarter 2024. “We have been...

Ardonagh Advisory Acquires UK’s Rollinson Smith Insurance Brokers

Jul 8 2024 // Ardonagh Advisory has acquired Rollinson Smith Insurance Brokers (RSIB), a UK community broker that operates in the Shropshire, Staffordshire, West Midlands and North Wales regions with significant reach in London as well...

Gallagher Buys NetClaim, a Claims Management Firm, from NAVEX

Jul 5 2024 // Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said its claims and risk-management subsidiary, Gallagher Bassett, has acquired Georgia-based NetClaim from NAVEX.NetClaim, in Norcross,...

PointeNorth Keeps Growing with Acquisitions in the Southeast

Jul 5 2024 // PointeNorth Insurance Group, a large agency in the Southeast, has acquired Valdosta Insurance Services and Southern Insurance Advisors, both based in Georgia.PointeNorth said in a statement that it provides growth...

Marsh McLennan Acquires Minnesota’s AmeriStar

Jul 3 2024 // Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of AmeriStar Agency, Inc., a Wayzata, Minnesota-based independent agency. Terms of the acquisition were not disclosed. Founded in 1987, AmeriStar...

Specialist Risk Group Acquires Political Violence MGA, Tristar Special Risks

Jul 3 2024 // Specialist Risk Group, the London-based insurance intermediary, announced the acquisition of political violence specialist underwriter, Tristar Special Risks.Tristar Special Risks has deep expertise in terrorism insurance...

Florida Arts Groups’ Insurance Could be Affected With DeSantis Veto of Funding

Jul 3 2024 // ORLANDO, Fla. (AP) — The Coral Gables Art Cinema will be short more than $100,000 this year. About $150,000 has suddenly disappeared from the Orlando Philharmonic Orchestra’s budget. The Miami New Drama also has an...

Hub Acquires Skinner & Co. in Georgia

Jul 3 2024 // Hub International, a global insurance brokerage, has acquired Georgia-based Skinner & Co., a brokerage offering commercial coverage, performance bonds and risk management services. Terms of the deal were not disclosed....

Arthur J. Gallagher Acquires Cornerstone in California

Jul 2 2024 // Arthur J. Gallagher & Co. acquired Rancho Cucamonga, California-based Cornerstone Commercial & Personal Insurance Services Inc. Phil Hakopian, Allison Hakopian and their team will remain in their current location...

Relation Insurance Acquires York Insurance in Maryland

Jul 2 2024 // Insurance brokerage Relation Insurance Services reports it has acquired the assets of York Insurance Services, Inc. in Forest Hill, Maryland. The transaction went into effect on May 31, 2024. Terms of the transaction were...

Arthur J. Gallagher & Co. Acquires Texas’ Zayla Partners

Jul 1 2024 // Arthur J. Gallagher & Co. announced the acquisition of Katy, Texas-based Zayla Partners, LLC (Zayla). Terms of the transaction were not disclosed. Zayla is an executive compensation strategy firm that serves clients...

Onex Partners Completes Acquisition of R&Q’s Program Manager, Accredited

Jun 28 2024 // Accredited, the property/casualty program manager and subsidiary of R&Q Insurance Holdings Ltd., announced the completion of its acquisition by Onex Partners, the Toronto-based private equity company.The sale of the...

Gallagher’s Artex Acquires UK’s Implement Compliance Solutions & Resources Ltd.

Jun 27 2024 // Arthur J. Gallagher & Co.’s captive and alternative risk transfer solutions subsidiary, Artex, has acquired London-based Implement Compliance Solutions & Resources Ltd. (ICSR).Terms of the transaction were...

Zurich to Buy AIG’s Travel Insurance Business for $600 Million

Jun 26 2024 // Zurich early Wednesday said it is purchasing the global personal travel insurance business of American International Group (AIG) for $600 million.The deal, according to Zurich, may include an additional payment if specific...

Specialist Risk Group Buys UK Specialist Schemes Broker, Strategic Insurance Services

Jun 26 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, has agreed to acquire UK specialist schemes broker, Strategic Insurance Services Ltd. (SISL), subject to regulatory approval.Financial details of the...