All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jun 1 2021 // BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called insurtech company that valued the business at $3 billion.The...
Jun 1 2021 // AssuredPartners has acquired Anchor Pardue Insurance of Mountain Brook, Ala.Anchor Pardue is the second acquisition in May for Assured Partners and its 18th acquisition in 2021. The team will remain under the leadership of...
Jun 1 2021 // Italy’s largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn’t already own in smaller rival Societa Cattolica di Assicurazioni, as part of a...
May 27 2021 // Lloyd’s and insurers in the London company market have formed a joint venture with DXC Technology, aiming to transform digital capabilities and reduce processing costs for the London insurance markets.The joint...
May 26 2021 // The Liberty Company Insurance Brokers has acquired the assets of Thousand Oaks, Calif.-based Gray-Stone & Co. Terms of the deal were not disclosed. Gray-Stone has both a wholesale and retail component, and the firm...
May 26 2021 // The biggest shareholder in Nordea Bank Abp offloaded another chunk of its stake as it moves ahead with a planned exit from the Nordic region’s largest bank.Sampo Oyj sold 162 million shares in Nordea to institutional...
May 25 2021 // Evertas, a cryptoasset insurance company, said it has raised nearly $5.8 million in seed funding, which it will use to accelerate product development, increase its insurance cap[a city and build out its infrastructure.The...
May 25 2021 // Boatim Inc., a company offering digital boating products and services, has launched an online boat insurance offering for U.S. customers.Through a partnership with international marine insurance broker American Marine...
May 24 2021 // Truist Insurance Holdings has agreed to acquire Constellation Affiliated Partners from RedBird Capital Partners. The transaction will add approximately $160 million of annual revenue to Truist Insurance Holdings’...
May 21 2021 // The Insurance Council of Australia (ICA) welcomed the budget announcement from the state of Victoria of funding of A$517 million (US$401 million), which will be allocated across several bushfire risk reduction projects....
May 20 2021 // Element Risk Management has acquired Smith Insurance with locations in Hershey and Williamstown, Pennsylvania. Smith Insurance was founded as a small insurance agency by James J. Smith in 1933. The agency was bought by...
May 19 2021 // Arthur J. Gallagher & Co. has acquired Rome, Georgia-based Garner & Glover Company. Terms of the transaction were not disclosed. Founded in 1874 and operating under its current name since 1926, Garner & Glover...
May 19 2021 // Newfront Insurance has acquired Aviation Marine Insurance Services in Sausalito, Calif.Terms of the deal were not disclosed. AMIS is led by Scott Gault, who joins Newfront along with his team of aviation insurance...
May 19 2021 // Howden Broking announced it has acquired Medical Professional Risk Solutions (MPRS), a specialist insurance broker for the primary care sector, for an undisclosed sum.Howden said the acquisition adds further expertise to...
May 19 2021 // Alera Group, an independent, national insurance and wealth management firm based in Deerfield, Illinois, has acquired Direct Benefits Inc., located in Saint Paul, Minnesota.Direct Benefits specializes in insuring...
May 18 2021 // San Francisco-based insurance brokerage firm G2 Insurance Services LLC has acquired the assets of Schroeder Group Inc., an independent insurance brokerage firm located in Cincinnati, Ohio. For more than 30 years, Schroeder...
May 18 2021 // CFC has enhanced its transaction liability services with the launch of a product designed to support North American buyers purchasing a UK or European target business.CFC said its transatlantic suite of transaction...
May 17 2021 // InterWest Insurance Services LLC has opened a new office in Reno, Nev., and has acquired Aegis Insurance Markets in Truckee, Calif.Terms of the deal were not disclosed. Tony Commendatore, founder of AEGIS, will continue in...
May 17 2021 // Emerson Reid LLC, an employee benefits wholesale general agent, has acquired Columbus, Ohio-based employee benefits services firm, May Insurance Services Inc., led by John May.Established in 1990, May Insurance Services...
May 14 2021 // High Street Insurance Partners (HSIP), a full-service insurance brokerage platform, has acquired New Jersey-based Paladin Insurance Agency and Richardi-Demola Insurance Agency (RD). Terms of the transaction were not...