All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Apr 5 2021 // Marsh & McLennan Agency LLC has acquired Missoula, Mont.-based PayneWest Insurance.Terms of the deal were not disclosed. PayneWest will operate as MMA’s Northwest regional hub under Kyle Lingscheit, CEO of...
Apr 5 2021 // Kemper Corp. has closed its previously announced acquisition of Downers Grove, Illinois-based American Access Casualty Co. and its related captive insurance agency, Newins Insurance Agency Holdings LLC, and its...
Apr 5 2021 // Arthur J. Gallagher & Co.’s risk management services subsidiary, Gallagher Bassett Services Inc. (GB), has acquired Pleasantville, New York-based Terrier Claims Services Inc. (TCS) and its affiliate, MT...
Apr 5 2021 // Next Insurance raised $250 million in new venture financing – a major cash infusion after a year of acquisitions and other actions to further growth.FinTLV Ventures and Battery Ventures led the Series E financing round....
Apr 1 2021 // Hotchkiss Insurance Hotchkiss Insurance, a full-service Texas-based independent agency, has named Shannon McPartland as its newest partner. A member of the Houston team, McPartland joined the agency in an account...
Apr 1 2021 // Risk Strategies, a Boston, Massachusetts-based national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions (SIS), expanding capabilities in its national student health...
Apr 1 2021 // K2 Insurance Services, based in San Diego, Calif., has invested in Loss Run Pro LLC, headquartered in Missoula, Montana.LRP, founded in early 2020 by Reghan Brandt, was a participant in BrokerTech Ventures’ (BTV)...
Mar 30 2021 // Centauri insurance companies (Centauri Specialty Insurance Co. and Centauri National Insurance Co.) have sustained their financial stability rating of “A” (Exceptional) from Demotech, after being strengthened...
Mar 29 2021 // Private equity firm Odyssey Investment Partners has joined with management of SIAA (Strategic Insurance Agency Alliance), the nation’s largest alliance of independent insurance agencies, to acquire the company.New...
Mar 29 2021 // Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in discussions regarding a strategic business combination.”However, the disappointed insurer...
Mar 26 2021 // Sterling Seacrest Partners, Inc. and Pritchard & Jerden announced they will merge and operate as Sterling Seacrest Pritchard. According to the company, the merger makes it one of the largest privately held, independent...
Mar 26 2021 // Element Risk Management has acquired Henderson Insurance of Harrisburg, Pennsylvania, and Our Legacy Insurance of Front Royal, Virginia.Henderson Insurance, founded by Jim Henderson in 1978, has served the central...
Mar 26 2021 // There have been two notable funding rounds by insurtechs this week.Workers’ compensation provider Pie Insurance has raised $118 million in new funding, including financing from Allianz and others. Snapsheet, a claims...
Mar 26 2021 // CVC Capital Partners is nearing a deal to acquire National Bank of Greece SA’s insurance business after a years-long search for a buyer, people familiar with the matter said.The private equity firm could announce an...
Mar 25 2021 // Alera Group, an employee benefits, financial services and risk management company, has acquired E3 Outsource, an employee benefits management and technology firm. The acquisition became effective March 1, 2021. The E3...
Mar 25 2021 // Towergate Insurance Brokers announced it has exchanged contracts to purchase the corporate retail book of business from AFL Insurance Brokers, which includes a team of 13. This deal comes on the heels of last week’s...
Mar 24 2021 // Canada’s Constellation Insurance Holdings, Inc. has agreed to acquire Cincinnati-based life and disability insurer Ohio National Mutual Holdings, Inc. and its wholly owned subsidiary Ohio National Financial Services,...
Mar 24 2021 // Hong Kong-based insurer AIA Group has entered into an agreement to buy the wholly-owned life insurance unit of Bank of East Asia (BEA) and has signed a 15-year distribution partnership with the lender for a total of about...
Mar 24 2021 // Global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher & Co., has acquired South Bend, Indiana-based R&R Benefits/Risk Management LLC.Terms of the transaction were not...
Mar 24 2021 // Texas’ wind and hail insurer of last resort for properties in the state’s coastal counties has determined it needs $4.03 billion in funding to prepare for this year’s hurricane season.The board of...