All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aug 9 2021 // Arch Reinsurance Ltd. has completed the acquisition of Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates. Arch Re originally announced its plan to acquire Somerset in June.The acquisition...
Aug 9 2021 // Brookfield Asset Management Inc.’s reinsurance unit has agreed to buy insurer American National Group Inc for about $5.1 billion in an all-cash deal, the companies said on Monday.Started in 1905 by William Lewis...
Aug 6 2021 // Managing general agent Corvus Insurance, fresh off of raising $115 million in new venture financing, has made an acquisition with an eye on the admitted coverage marketplace and more digital platform partnerships. More...
Aug 5 2021 // Alliant Insurance Services acquired group and individual benefits agency, Houston-based Benefit Concepts Inc. (BCI).Founded in 1983, BCI provides a full range of employee benefits products and services to businesses and...
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...