All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jun 3 2020 // Global investment firm The Carlyle Group and T&D Holdings announced have completed their acquisition of a 76.6% interest in Fortitude Group Holdings, whose group companies include Fortitude Re, from insurer American...
Jun 2 2020 // Baldwin Krystyn Sherman Partners LLC (BKS-Partners), the middle-market subsidiary of Tampa, Florida-based insurance distribution firm, BRP Group, has acquired substantially all assets of Rosenthal Bros. Inc. (Rosenthal...
Jun 2 2020 // Reliance Partners (Reliance), a privately-held commercial insurance agency for the transportation and logistics industry, has promoted Jamie Cannon to vice president of the 3PL division.Cannon will lead Reliance’s...
Jun 1 2020 // Occidental Petroleum Corp. has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices, after paying $35.7...
Jun 1 2020 // The board of directors of Texas’ property insurer of last resort for wind and hail in the state’s coastal counties in February set a goal of $4.2 billion in catastrophe funding for 2020. At a meeting of the...
May 29 2020 // AssuredPartners, Inc. has acquired Cypress Insurance Group, Inc. of Fort Lauderdale, Fla. The team of 20 will remain under the operational leadership of Terry Bond and Debbie Arciola. The agency currently reports $3...
May 29 2020 // A New Hampshire man has been charged in a fraud scheme that involved using Bitcoin to buy stolen personal data belonging to people across the country, officials said.Jonathan Nguyen, 23, of Windham, was charged Tuesday in...
May 29 2020 // The U.S. National Security Agency on Thursday warned government partners and private companies about a Russian hacking operation that uses a special intrusion technique to target operating systems often used by industrial...
May 29 2020 // The board of directors of Texas’ property insurer of last resort for wind and hail in the state’s coastal counties in February set a goal of $4.2 billion in catastrophe funding for 2020. At a meeting of the...
May 28 2020 // Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments.Gallatin Point Capital joined the insurtech’s current investors in the capital raise,...
May 28 2020 // Trov, the San Francisco-based insurtech company, is partnering with Latin American insurer Seguros Sura to bring on-demand insurance products to the Brazilian market.Recent regulatory changes in Brazil have enabled...
May 27 2020 // PartnerRe announced that the company will change responsibilities in its executive leadership for Specialty Lines and will create the new role of CEO Global Cat.Effective June 1, Philippe Meyenhofer will be appointed CEO...
May 27 2020 // High Point, NC, May 27, 2020 – Smart Choice®, remains the nation’s fastest growing independent agency network, after partnering with over 350 new agencies in the first quarter of 2020, and reaching a milestone of...
May 21 2020 // Service American Indemnity Co. (SAIC), a national workers’ compensation carrier, is partnering with Tangram Insurance Services Inc. (Tangram), a managing general underwriter and program manager, to enhance...
May 21 2020 // Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture financing earlier this year to fuel development of new products and a global...
May 20 2020 // The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off.Last August, Altamont Capital Partners signed an agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its...
May 20 2020 // Insurance broker NFP as acquired LFG Inc., which does business as Team Scotti). The transaction closed effective December 1, 2019.Team Scotti, based in Pittsburgh, Penn., and founded in 1987, is a national insurance broker...
May 18 2020 // Hub International Limited, a global insurance brokerage, has acquired the assets of Lashua-LaChance & Poliks Insurance Agency Inc. Terms of the transaction were not disclosed. Located in Gardner, Mass., Lashua-LaChance...
May 18 2020 // BMS Group, the London-based specialist re/insurance broker, announce it has signed a preferred partner agreement with the independent Chilean reinsurance broker and existing trading partner Insurex Re, a company owned by...
May 15 2020 // Envelop Risk, the UK cyber underwriting and risk analytics business, announced a Series A investment of approximately $6 million.The funding round was led by artificial intelligence specialist investor Alpha Intelligence...