All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 6 2020 // British insurer Aviva said on Friday it would pull out completely from Indonesia by selling its entire stake in joint venture PT Astra Aviva Life to its partner in the operation.“The transaction is expected to...
Mar 6 2020 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Atlas Insurance Management of North Carolina, a company that works on the formation and management of captive insurance...
Mar 5 2020 // Virtus LLC and its subsidiary Virtus Rocky Mountain LLC have acquired Denver, Colo.-based insurance brokerage firm First Line Insurance Services. Terms of the deal were not disclosed. First Line’s focus has been on...
Mar 5 2020 // Tokio Marine HCC has agreed to snatch up GCube, a managing general agent with a focus on renewable energy risks.The deal is expected to close in the 2020 second quarter, pending the usual regulatory approval process and...
Mar 4 2020 // Alliant Insurance Services Inc. has acquired the Portland, Ore.-based LifeBalance Program, adding the well-being discount program further it its employee benefits group’s products and services. The entire LifeBalance...
Mar 4 2020 // EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a very profitable thing for the Italian investment firm.EXOR bought the Bermuda-based reinsurer in March 2016 for $6.72...
Mar 4 2020 // PointeNorth Insurance Group, LLC (PNIG), an independent insurance agency in the Southeast with local ownership, has expanded its reach in the region with the acquisition of Iron Mountain Insurance, located in Birmingham,...
Mar 3 2020 // Alliant Insurance Services Inc. has acquired Pend Oreille Insurance in Idaho. Pend Oreille is led by co-owners Stefanie Nostdahl and Jodie Corless. Nostdahl and Corless, along with the entire Pend Oreille team, will join...
Mar 3 2020 // Arthur J. Gallagher & Co. has acquired Melville, N.Y.-based CMS LLC. Terms of the transaction were not disclosed.Founded in 1996, CMS LLC is a full-service wholesale insurance broker working with agents across the U.S....
Mar 3 2020 // Walsh Duffield, a fifth-generation, family owned insurance company, has partnered with OSEA Inc., a 30-year-old environmental, health, safety and security consulting firm, to provide risk management services to its...
Mar 3 2020 // USI Insurance Services, a provider of risk management, employee benefit and retirement plan consulting, has acquired Franklin, Tenn.-based Full Service Insurance Agency, Inc. Founded in 1975, Full Service Insurance is a...
Mar 2 2020 // Chaucer, the London-based specialty re/insurance group, announced a new partnership with London-based insurtech Artificial Labs to deliver a next generation underwriting platform for high-volume specialty products.The...
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Feb 28 2020 // The Hilb Group LLC (THG) has acquired certain assets of Rhode Island-based D. F. Dwyer & Associates LLC (DFD). The transaction became effective February 1, 2020. Based in Newport, R.I., DFD provides a full range of...
Feb 27 2020 // Trieste, Italy meet Columbus, Ohio. Ciao! Hello!Two large insurers — Ohio’s Nationwide and Italy’s Generali — are teaming up to serve commercial insurance customers with global needs. The insurers announced...
Feb 27 2020 // Tarrytown, N.Y-based employment services firm The IMA Group (IMA) has acquired PsyBar, a specialty provider of behavioral health, independent medical exams and other employment-related services nationally.Edina,...
Feb 26 2020 // Zurich Insurance Group has created a new offering together with cyber-security company CYE to shield businesses against the growing risks of cyber crime.With the partnership, Zurich’s specialist cyber insurance and...
Feb 26 2020 // AssuredPartners, Inc. has acquired Superior Benefits, Inc. of Tampa, Fla., a national employee benefits agency with $1.5 million in annualized revenues. Superior Benefits staff will remain under the operational leadership...
Feb 25 2020 // Intuit, the maker of TurboTax, QuickBooks and Mint, has agreed to acquire Credit Karma, the consumer technology platform, for approximately $7.1 billion in cash and stock.The combination brings together two technology...
Feb 25 2020 // USI Insurance Services has acquired Fort Worth, Texas-based Forté Benefits, a full-service employee benefit broker-consulting firm.All of the agency’s employees and four partners — Logan Dickinson, Jeff Farmer,...