All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Sep 23 2020 // Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, a technology-driven managing general agency offering homeowners insurance, announced their mutual decision to end their three-year partnership.The move...
Sep 23 2020 // The Hilb Group LLC (THG) has acquired Connecticut-based Ganim Group Inc. (Ganim Benefits) from Ganim Financial Inc. The transaction became effective on September 1, 2020.The Ganim Benefits team, including Valerie Koch,...
Sep 22 2020 // Private equity firm Thoma Bravo has completed the acquisition of insurance software firm Majesco. Under the terms of an amended merger agreement announced on Aug. 8, Thoma Bravo acquired all of the shares of Majesco common...
Sep 22 2020 // Davies, a specialist professional services and technology business, has acquired TriPlus Service Inc, a long-term care insurance third party administrator (TPA) based in Massachusetts.TriPlus provides its long-term care...
Sep 21 2020 // Lockton has formed a strategic alliance with Birwood Services Group, a Detroit-based certified minority business enterprise (MBE) insurance brokerage.Lockton’s alliance with Birwood is part of the company’s...
Sep 21 2020 // Arthur J. Gallagher & Co. has acquired Charles W. Merriam & Son Inc., d/b/a The Merriam Agency. Terms of the transaction were not disclosed.Founded in 1895, The Merriam Agency is a full-service insurance agency...
Sep 21 2020 // Today’s Agency Partnerships are numerous and offer value and benefits to their members, including independence, growth opportunities, access to markets, profit sharing, perpetuation planning, relationships,...
Sep 20 2020 // Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter.Alphabet Inc.’s CapitalG is in talks to...
Sep 18 2020 // Arthur J. Gallagher & Co. has acquired Kingman, Ariz.-based Erin P. Collins & Associates Inc.Erin Collins and his associates will continue to operate from their current locations under the direction of Scott...
Sep 18 2020 // KMRD Partners has hired Greg Chaples to its team as a sales and relationship manager in its Warrington, Penn., office. KMRD Partners is a risk management and human capital consulting and insurance brokerage firm with...
Sep 18 2020 // Lower-middle-market private equity firm Huron Capital announced that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Tracy, Driscoll & Co. Inc. and Millennium Alliance Group...
Sep 17 2020 // State Farm Mutual Automobile Insurance Co. is acquiring Dallas-based nonstandard auto insurer, GAINSCO, in a $400 million cash transaction. It will be the first time in State Farm’s 98-year history that it has...
Sep 17 2020 // Insurance broker Arthur J. Gallagher & Co. has acquired West Monroe, Louisiana-based The Kirksey Agency Inc.Terms of the transaction were not disclosed. The Kirksey Agency was founded in 1980 with crop insurance as its...
Sep 17 2020 // At-Bay has named Kristie Felton head of partnerships. Felton will spearhead At-Bay’s collaboration with digital distribution partners, including digital broker platforms, enterprise technology companies and...
Sep 16 2020 // Brown & Brown Lone Star Insurance Services Inc., a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Brookstone Insurance Group. Brookstone Insurance Group provides...
Sep 16 2020 // Keystone Agency Investors (KAI), a new strategic partnership formed by Keystone Insurers Group and Bain Capital Credit, has acquired four St. Louis, Missouri-based insurance agencies, which together will form Midwest Risk...
Sep 15 2020 // OneBeacon Insurance Group said it has acquired International Bond & Marine Brokerage, Ltd., a privately held brokerage and risk management firm specializing in the international trade markets.IB&M will retain its...
Sep 15 2020 // Associated Agencies Inc., a privately held insurance and risk management firm based in Rolling Meadows, Ill., has acquired Bensman Risk Management Inc. and Bensman Associates Ltd. (The Bensman Group), a Bannockburn,...
Sep 14 2020 // COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer experiences have the advantage.Yet, commercial lines insurance...
Sep 11 2020 // Brown & Brown of Tennessee, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of the Frank E. Neal & Co. Agency, according to an announcement from J. Scott Penny, chief...