All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aug 5 2021 // Douglas Miller is now a partner at Ann Arbor, Michigan-based Kapnick Insurance.Miller is an experienced advisory specialist and advocate in the complex and evolving needs of today’s corporate and individual liability...
Aug 5 2021 // Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion (1.425 billion pounds) from Britain’s Daily Mail and...
Aug 5 2021 // While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for the entire year 2020, InsurTechs continued to quietly shut their doors with much less...
Aug 5 2021 // While Aon and Willis Towers Watson were trying for many months to land their merger, their competitors were able lure away some of their producer talent – capitalizing on the “distraction and uncertainty”...
Aug 4 2021 // Investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management said they have completed the acquisition of ProSight Global, Inc., a New Jersey-based domestic specialty...
Aug 4 2021 // IMA Financial Group has acquired Salt Lake City, Utah-based Diversified Insurance Group.Terms of the deal were not disclosed. Diversified will retain its name as a division of IMA Inc. Its CEO, Spence Hoole, will remain...
Aug 4 2021 // Indianapolis-based risk management and employee benefits agency, MJ Insurance, acquired ProCourse Fiduciary Advisors (ProCourse) in Carmel, Indiana.MJ said the partnership enables the firms to offer a holistic approach to...
Aug 4 2021 // National specialty insurance brokerage and risk management firm, Risk Strategies, acquired property/casualty actuarial consulting firm Centric Actuarial Solutions LLC, based in Overland Park, Kansas.Terms of the deal were...
Aug 4 2021 // Aston Lark, the London-based insurance broker backed by Goldman Sachs, announced the acquisition of Plester Group.Established in 1964 and based in Kidderminster, England, with a dedicated team of 19, the Plester Group...
Aug 4 2021 // McLarens, the Atlanta-based independent insurance services provider, announced the acquisition of MGB Claims Consultants Inc., a complex commercial claims adjusting firm in Canada.Financial terms of the transaction were...
Aug 3 2021 // Insurance broker Willis Towers Watson PLC said on Tuesday it is weighing strategic alternatives for its reinsurance unit, Willis Re, days after a planned sale to rival Arthur J. Gallagher fell through.Willis and broker Aon...
Aug 3 2021 // Zurich Insurance Group AG is nearing a deal to buy Deutsche Bank AG’s Italian financial promoters network, according to people familiar with the matter.Zurich has emerged as the leading candidate to buy DB Financial...
Aug 3 2021 // Huntington Beach, California-based personal lines insurance distribution company, Confie, acquired ASAP Insurance in Texas.With the acquisition of ASAP Insurance, the company broadens its presence in Texas. ASAP stores...
Aug 2 2021 // Plaintiffs filed 112 new securities class action lawsuits in federal and state courts in the first half of 2021, down 25% from the second half of 2020.This was the lowest number of filings since the first half of 2015,...
Aug 2 2021 // This edition of International People Moves covers appointments at three London-based brokers: Oneglobal, McGill and Partners, and GallagherA summary of these new hires follows here. Oneglobal Broking, the London-based...
Aug 2 2021 // Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied to the termination of its mega merger deal with Willis Towers Watson, over and above the $1 billion it was...
Aug 2 2021 // NFP, a New York City-based insurance broker and consultant, announced it has acquired Aiken Insurances Ltd. (AIL).Financial details of the deal were not disclosed. Dublin-based AIL is a retail and commercial insurance...
Jul 30 2021 // Arthur J. Gallagher & Co. acquired Oakbrook, Illinois-based R.J. Riordan & Co.R.J. Riordan & Co. is a retail property/casualty broker offering a full range of insurance products and services to clients across...
Jul 29 2021 // Howden, the London-based insurance broker, announced an agreement to acquire Italian broker Andrea Scagliarini SpA.Financial details of the transaction were not disclosed. By establishing operations in Italy, Howden adds...
Jul 29 2021 // British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social Capital, Flock said on Thursday.Flock started out insuring commercial...