All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jun 24 2020 // Chicago, IL, June 24, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing...
Jun 23 2020 // Dallas-based employee benefits provider, BenefitMall, has partnered with CyberScout, a provider cybersecurity, identity theft resolution and employee benefits services.BenefitMall brokers will now be able to offer...
Jun 23 2020 // UK insurance broker The Ardonagh Group has secured the largest-ever loan from a group of private credit funds led by Ares Management, according to a statement by the lender.The group is refinancing its debt with a 1.575...
Jun 23 2020 // Relation Insurance Services, a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States,...
Jun 22 2020 // Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp., according to people familiar with the matter.The companies could announce a transaction...
Jun 19 2020 // Bold Penguin, a commercial insurance technology provider, has added Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) to its platform, expanding its commercial auto insurance offering launched in...
Jun 17 2020 // Buckle, an insurtech startup focused on rideshare insurance, has acquired Gateway Insurance Co., a subsidiary of Schaumburg, Illinois-based Atlas Financial Holdings, for an undisclosed price.The move allows Buckle to...
Jun 17 2020 // Lighthouse Property Insurance Corp. has completed its previously announced merger plans with sister carrier, Prepared Insurance Co.Lighthouse will assume the Prepared portfolio and write directly in the state of Florida,...
Jun 16 2020 // Fairfax Financial Holdings Ltd. announced that Prem Watsa, its chair and CEO, has purchased in the market 482,600 subordinate voting shares of Fairfax for a cost of approximately US$148.95 million.“At our AGM and on...
Jun 12 2020 // Atlanta-based global insurance claims management firm McLarens reported it has acquired London-based Lloyd Warwick International (LWI), a provider of global specialty loss and insurance adjusters.McLaren purchased the firm...
Jun 12 2020 // Global Risk Partners Ltd., the London-based independent insurance intermediary, announced that global private investment firm Searchlight Capital Partners has completed its acquisition of a majority stake in the group,...
Jun 11 2020 // Insurtech Zego has partnered with global telematics firm ABAX in a move designed to drive down the cost of insurance for fleet owners.While some fleets already use on-board telematics devices to improve efficiency, many...
Jun 11 2020 // Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program manager, has acquired Strategic Underwriting Solutions LLC (SUS), a full service medical stop-loss focused managing...
Jun 10 2020 // The Hilb Group, LLC has acquired Florida-based Fort Myers Insurance Agency, Inc., dba Freedom Insurance Center (FIC). The transaction became effective June 1, 2020. FIC is a property and casualty full–service agency that...
Jun 9 2020 // Several advocacy groups presented their own recommendations to reform law enforcement practices in Minneapolis, a day after the majority of the City Council voiced support for abolishing the police department entirely in...
Jun 9 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of CA Insurance Brokers in Australia.Terms of the transaction were not disclosed. Founded in 2002 by Andrew Howard, CA...
Jun 9 2020 // Knoxville-based Trinity Benefit Advisors (TBA) has entered a partnership with BRP Group, Inc. to become part of its BKS-Partners operating group.TBA is a provider of employee benefits to employers across the southeastern...
Jun 8 2020 // Arthur J. Gallagher & Co. has acquired Las Vegas, Nev.-based CRES Insurance Services LLC.Terms of the deal were not disclosed. The CRES team will continue to operate from their current locations in Las Vegas and San...
Jun 8 2020 // Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Royal Oak Underwriters Inc., an excess and surplus lines insurance wholesaler based in Richmond,...
Jun 8 2020 // The Global Reinsurance Forum (GRF) has appointed Emmanuel Clarke, president and CEO of PartnerRe for a two-year term. He succeeds Kevin J. O’Donnell, CEO of RenaissanceRe, who became chairman in 2018.Jean-Jacques...