All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 4 2021 // LONDON – A funding crisis at Greensill Capital could spill over to some of its high-risk borrowers and lead to losses for insurers and banks that have done business with the UK-based supply chain finance firm if its...
Mar 4 2021 // Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective March 1, 2021.Headquartered in London, MarRS offers insurance advice and access to...
Mar 4 2021 // Aviva Plc has exited its Italian businesses in a pair of deals totaling 873 million euros ($1.1 billion) as the UK insurer continues to pivot to its core markets.CNP Assurances and Allianz SE bought the London-based...
Mar 4 2021 // Alliant Insurance Services has acquired Group Insurance Incorporated (GII), a full-service employee benefits provider and general agency based in Baton Rouge, Louisiana.The acquisition of GII adds a diverse portfolio of...
Mar 3 2021 // Hub International Limited (Hub), a full-service global insurance broker based in Chicago, has acquired the assets of Wellspring Insurance Agency Inc., located in Argyle, Texas.Terms of the transaction were not disclosed....
Mar 3 2021 // Digital commercial insurance company Next Insurance has agreed to acquire AP Intego, a Massachusetts-based digital insurance agency providing small commercial insurance products.Through its platform, AP Intego offers...
Mar 3 2021 // Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Finn & Stone Inc. Terms of the transaction were not disclosed.Finn & Stone Principals Chip and Jonathan Ams and the Finn &...
Mar 2 2021 // Sedgwick has acquired Construction Services Co., a building consulting firm headquartered in California. Terms of the deal were not disclosed. CSC provides loss assessment perspectives with an array of services focusing on...
Mar 1 2021 // World Insurance Associates LLC (WIA) has acquired Corporate Risk Services LLC and Midwest Risk Management Services Inc. (collectively Corporate Risk Services) of Rogers, Arkansas.Terms of the transaction were not...
Feb 26 2021 // One80 Intermediaries has acquired Edward E. Hall and Company (EE Hall). Terms of the deal were not disclosed.One80 is a national wholesale broker, program manager, third-party administrator (TPA), warranty and lender-based...
Feb 25 2021 // Chubb has launched a digital platform for selling selected insurance coverages to “digitally savvy” consumers, primarily through affinity, company and digital broker partners of Chubb to their members,...
Feb 25 2021 // World Insurance Associates LLC (WIA) acquired Szerlip & Company of Millburn, New Jersey, on January 1, 2021. Terms of the transaction were not disclosed.Szerlip & Co. is a third generation insurance agency founded...
Feb 24 2021 // Bill Minick, founder of Texas-based workers’ compensation/workplace injury benefit risk management firm, PartnerSource, will retire at the end of March.Jennifer Hurless, president of PartnerSource, will continue in...
Feb 23 2021 // Applied Underwriters’ Centauri Insurance has acquired the renewal rights to approximately 16,700 policies across Alabama, Louisiana, and South Carolina from Gulfstream Property and Casualty Insurance Co. and...
Feb 23 2021 // Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and mergers and acquisitions will help them get there as it did in 2020, according to a Bain & Co....
Feb 23 2021 // Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc.Founded in...
Feb 22 2021 // World Insurance Associates LLC (WIA) has acquired LCL Insurance LLC (LCL) of Charlotte, N.C. on Feb. 1, 2021. Terms of the transaction were not disclosed. According to Rich Eknoian, CEO and Co-Founder of WIA, the...
Feb 18 2021 // There were 407 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2020, down from 419 the previous year, according to a report published by global law firm Clyde & Co.An anticipated...
Feb 18 2021 // Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance broker and risk adviser.Terms of the transaction, which is subject to regulatory approval, were...
Feb 17 2021 // AHT Insurance, a Baldwin Risk Partner, has announced that Partner Brian Schermerhorn was recently elected as chairman of TechAssure Association Inc., a consortium of independent insurance agents and brokers who focus on...