All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Jul 28 2021 // Keystone Agency Investors (KAI), a private equity backed investment firm that is a majority owner of independent insurance agencies, entered into equity partnerships with Arachas Group LLC in Bartlett, Illinois, and Mason...
Jul 28 2021 // The Hilb Group has acquired Massachusetts-based MillBrook Benefits and Insurance Services LLC, strengthening its presence throughout New England. Based in East Longmeadow, Massachusetts, MillBrook specializes in customized...
Jul 28 2021 // Aon plc has introduced a new Aon Executive Committee (AEC), following the broker’s recent decision to terminate its $30 billion acquisition of Willis Towers Watson.The AEC will be comprised of four solution lines,...
Jul 28 2021 // Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it has reached a definitive agreement to acquire the remaining 50% issued share capital of the Caribbean insurance group NAGICO Holdings...
Jul 28 2021 // NFP, a New York-based insurance broker and consultant, announced the formation of an exclusive strategic partnership in Canada with aviation re/insurance broker Piiq Risk Partners.The NFP Complex Risk Solutions Group will...
Jul 27 2021 // Arthur J. Gallagher & Co. announced it has terminated its May 12, 2021 agreement to acquire Willis Re and certain other Willis Towers Watson operations for $3.57 billion.Both Gallagher and Willis Towers Watson filed...
Jul 26 2021 // U.S. Attorney General Merrick Garland today welcomed the decision by insurance brokers Aon and Willis Towers Watson to terminate their planned $30 billion merger.“This is a victory for competition and for American...
Jul 26 2021 // Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their $30 billion business combination agreement and end litigation with the U.S. Department of Justice (DOJ).The proposed combination was...
Jul 23 2021 // Alera Group, an independent, national insurance and wealth management firm based in Deerfield, Illinois, acquired Keller Insurance Agency, a firm specializing in commercial property/casualty insurance, with a particular...
Jul 23 2021 // Relation Insurance Services Inc. acquired the assets of The SIG Insurance Agencies. The partnership with SIG strengthens Relation’s existing capabilities and further expands the platform’s geographic presence...
Jul 23 2021 // Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin.Financial details of the deal were not disclosed. The transaction is part of...
Jul 21 2021 // Satellite Agency Network (SAN) Group Inc. added 16 independent member agencies to the group in the first half of 2021.SAN, the founding master agency of SIAA, is now comprised of more than 390 independent agencies writing...
Jul 21 2021 // Price Forbes, a London-based insurance broker, announced it has increased its shareholding in Price Forbes Chile to 100% as part of its commitment to invest in growing its presence in Latin America.Price Forbes has grown...
Jul 20 2021 // Austin, Texas-based Incline P&C Group, through its Incline Casualty Co., is partnering with CRC Group’s 5Star Specialty Programs on transportation risks.Incline P&C Group is an insurance program market...
Jul 19 2021 // Boston-based Liberty Mutual Insurance said it will be applying for regulatory approval to acquire Malaysian property/casualty insurer AmGeneral Insurance Berhad, which is currently 51%-owned by AmBank Group and 49%-owned...
Jul 19 2021 // The Hilb Group (THG) is building its presence in its home state with six acquisitions of Virginia-based agencies so far this month. The acquisitions were effective July 1.“We’re always looking to grow,...
Jul 19 2021 // There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020.According to OPTIS Partners’ M&A report, it was the highest recorded total...