All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
May 2 2024 // The Missouri Supreme Court on Tuesday took the unusual step of striking down a 2022 voter-approved constitutional amendment that required Kansas City to spend a larger percentage of its money on the police department, and...
May 2 2024 // Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, announced it has acquired Scottish insurance broker, WH&R McCartney.Based in Motherwell and led by Graeme Robb and Alan Kirkwood,...
May 2 2024 // Private flood insurer Neptune Flood reported it has acquired Charles River Data, a Boston-based data science consulting group. According to Neptune, the strategic move will bolster its underwriting system through advanced...
May 1 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has completed the acquisition of Castel Underwriting Agencies from Arch Financial Holdings (UK) Ltd. and minority...
Apr 30 2024 // The Ardonagh Group, the London-based insurance distribution platform, announced it has agreed to acquire Mansutti S.r.l, the commercial lines business of Italian insurance broker, Mansutti SpA.Financial details of the deal...
Apr 30 2024 // Inszone Insurance Services acquired Van Oppen & Co. 2 in Wyoming. Founded in 2008 by Rick van Oppen, the firm has specialized in serving the needs of the architectural, engineering and environmental...
Apr 29 2024 // Florida’s governor has signed two bills that will provide more matching grants for homeowners and condominium associations to fortify properties against the growing threat of windstorms.Senate Bill 7028 will send an...
Apr 26 2024 // Merritt Healthcare Advisors, a Connecticut mergers and acquisitions (M&A) advisory firm for healthcare practices, has agreed to a $1.525 million settlement of a class action stemming from a 2022 data breach.The money...
Apr 26 2024 // Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP.The purchase price will be funded by $7 billion in cash and $6 billion of Aon stock. Closing was earlier than...
Apr 25 2024 // ALKEME announced the acquisition of Ralph Weiner & Associates, a retail insurance agency based in Wheeling, Illinois. Established in 1951, Ralph Weiner & Associates has earned acclaim for its specialized focus on...
Apr 24 2024 // Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies in the Southeast—Fisher Brown Bottrell Insurance, Inc.Marsh McLennan Agency will pay $315.9 million...
Apr 24 2024 // ICEYE, the microsatellite manufacturer and catastrophe monitoring company, announced definitive agreement signed for an oversubscribed $93 million growth funding round.The financing will further accelerate investment in...
Apr 24 2024 // Jensten is set to further scale its scheme and affinities business with the acquisition of UK broker Robert Gerrard & Co.The deal, which is subject to regulatory approval, will introduce a dedicated team of 19...
Apr 24 2024 // Omaha National Group Inc. acquired Sutter Insurance Co., a California domiciled carrier. Sutter Insurance has been renamed Omaha National Casualty Co. Omaha National also owns Omaha National Insurance Co., which is...
Apr 23 2024 // The first quarter of 2024 was the slowest for insurance agency mergers and acquisitions since the middle of the pandemic, according to investment banking and financial firm OPTIS Partners.OPTIS Partners’ M&A...
Apr 23 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Australia’s Prasidium Credit Insurance.Terms of the transaction were not disclosed. North Sydney-based Prasidium...
Apr 23 2024 // Chubb said it is acquiring managing general agent Healthy Paws from Aon plc.Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of Healthy Paws’ pet insurance program for Aon since 2013....
Apr 23 2024 // Alliant Insurance Services, headquartered in Irvine, California, acquired Advanced Benefits, based in Coeur d’Alene, Idaho. Founded in 1993, Advanced Benefits offers employee benefit programs, and HR and compliance...
Apr 22 2024 // A subsidiary of Arbol Inc., a firm that has specialized in climate risks for businesses, including parametric insurance products, has acquired Sarasota, Florida-based Centauri Insurance from Applied Underwriters.The...
Apr 19 2024 // James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – ending a period of legal wrangling that had...