All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Jun 5 2020 // Home insurance insurtech agency Hippo plans to acquire New Jersey-based Spinnaker Insurance Co., an insurer with which it has has had a three-year partnership.The deal, first reported by Carrier Management, is designed to...
Jun 5 2020 // Blue Ridge Specialty Group of Greenfield, South Carolina, a managing general underwriter specializing in trucking -related risks, has been acquired by Applied Underwriters, according to Applied Chairman and CEO Steve...
Jun 3 2020 // Leonardo Del Vecchio’s plans to boost the European presence of Italy’s top insurer Generali do not include a cross-border merger with rivals AXA or Zurich, a source close to the billionaire said on...
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...