All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
May 3 2021 // Alera Group, a financial services and risk management company based in Deerfield, Illinois, has acquired Adamson & McGoldrick Insurance Solutions, a strategic advisor providing risk management and benefits strategies...
May 3 2021 // McKinsey analysts believe insurers focused on large one-off deals undertaken to scale their companies and those that stick to organic growth are both headed down unfruitful paths if outsized shareholder return is their...
May 3 2021 // Sometimes agency partners are your biggest advocates for growth, and sometimes they are the biggest resistor.I had a call with a majority owner the other day who told me, “Man, it’s time to get on with this...
May 3 2021 // Getting someone to buy insurance can be challenging.Insurance helps people plan for the unexpected, but most people are hard-wired to believe that conditions today will persevere forever. The fact that an unforeseen injury...
Apr 30 2021 // North Carolina-based HG Holdings said it has agreed to acquire 100% of the equity of Florida-based National Consumer Title Insurance Co. from Southern Fidelity for for $5.5 million.The deal also includes 100% of the...
Apr 29 2021 // It has not happened yet but the proposed merger of large global insurance brokers Aon and Willis Towers Watson is already being felt at competitor MarshMcLennan.MarshMcLennan is capitalizing on the marketplace disruption...
Apr 29 2021 // LONDON — Optio Group, a specialty managing general agency, said it has acquired nuclear risk specialist Northcourt for an undisclosed sum.Launched in 2010, Northcourt is an MGA licensed to underwrite nuclear property and...
Apr 28 2021 // Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to offer more concessions, people familiar with the matter said.Aon, which clinched the...
Apr 28 2021 // Alera Group, a financial services and risk management company, has acquired Duryea Agency, an insurance agency providing personal insurance and business insurance for clients across New Jersey and beyond. Duryea Agency is...
Apr 28 2021 // Denver-based insurance brokerage IMA Financial Group said it is expanding to California by acquiring Bolton & Co. in a transaction effective May 1, 2021.The combined brokerage firm will employ 1,200 associates and...
Apr 27 2021 // Property owners on the Big Island who were affected by the 2018 Kilauea volcanic eruption can apply to have Hawaii County buy back their land starting next week.Hawaii County said the first phase of its Kilauea Disaster...
Apr 26 2021 // Luminar Technologies Inc. said on Monday it would partner with Airbus SE to test technologies which could increase aircraft safety and ultimately enable an autonomous flight with obstacle detection.The two companies will...
Apr 26 2021 // A new London-based business is promising to support a diverse portfolio of managing general agencies (MGAs) with resources, as well as back office services and custom technology.NuVenture International Ltd., formed by...
Apr 26 2021 // McKinsey analysts believe insurers focused on large one-off deals undertaken to scale their companies and those that stick to organic growth are both headed down unfruitful paths if outsized shareholder return is their...
Apr 23 2021 // BroadStreet Partners BroadStreet Partners Inc., an insurance brokerage holding company headquartered in Columbus, Ohio, has appointed Ken Kirk as chief executive officer. Rick Miley, founder and current CEO of BroadStreet,...
Apr 23 2021 // Property/casualty insurance software firm Insurity has completed its acquisition of Instec, a cloud software maker for mid-size property/casualty carriers, managing general agencies and specialty insurers.Terms of the...
Apr 23 2021 // Alera Group, a financial services and risk management company, has acquired The Waterford Group, a Rochester, New York-based retirement plan specialist providing consulting and fiduciary services to companies.Following the...
Apr 22 2021 // The Hilb Group LLC (THG) has acquired Houston, Texas-based Clarus Benefits Group LLC (CBG).The transaction became effective on April 1, 2021, and represents THG’s expansion into Texas. CBG is an employee benefits and...
Apr 22 2021 // After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67 and then $70 per share, The Hartford reported today in its first quarter filings.The...
Apr 22 2021 // AXA XL Insurance announced it has established a global partnership with SpaceAble, a start-up specializing in space situational awareness (SSA), to better support satellite operators and organizations operating in...