Latest Mergers & Acquisitions Headlines

All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.

Arch Capital to Buy 29.5% Stake in French Credit Insurer Coface

Feb 25 2020 // Arch Capital Group Ltd. has entered into a share purchase agreement with Natixis regarding the acquisition of a 29.5% stake in Coface, a France-based trade credit insurer.The transaction will be completed at a price of...

Has Our Company Partnered with a Bad Recruiter?

Feb 24 2020 // The most popular “Ask the Insurance Recruiter” article in 2019 was July’s Partner or Pariah? 5 Hacks to Improve Your Experience Working with Recruiters. This was inspired by the negative reports I hear...

ProAssurance Looks to Acquire NORCAL in $450M Deal

Feb 21 2020 // Healthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL’s demutualization in a $450 million transaction.Based on...

Bills in Congress, States Seek to Curb Litigation Funding

Feb 20 2020 // Lawmakers in three states and in Congress have introduced bills to impose more controls on litigation funding companies, which insurers contend are one of the factors leading to an increase in “nuclear...

Arizona Flood Control Project Receives Federal Funding

Feb 20 2020 // Flagstaff, Ariz.’s mayor hailed a federal agency’s commitment of $52 million for a major flood control project, saying it will protect the northern Arizona city from potentially catastrophic effects of flooding...

Risk Strategies Acquires Virginia’s UNIRISC

Feb 19 2020 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired UNIRISC Inc., a specialist in the global relocation insurance and risk management needs of corporate personnel and...

Texas Windstorm Insurer Sets Funding at $4.2 Billion for 2020 Cat Year

Feb 19 2020 // The wind and hail insurance carrier of last resort for counties along the Texas coast has determined that its 1-in-100 probable maximum loss (1:100 PML) for the 2020 catastrophe year is $4.2 billion.At a quarterly meeting...

Swiss Re’s iptiQ and IKEA Partner to Offer Home insurance

Feb 18 2020 // Swiss Re’s iptiQ and IKEA announced the launch of HEMSÄKER, home insurance that provides accessible protection at an affordable price, said Swiss Re in a statement.HEMSÄKER, which can be purchased online via the...

Arch Re to Buy Majority Stake in Australia’s Precision Marketing Asia Pacific

Feb 18 2020 // Arch Reinsurance, a wholly owned subsidiary of Bermuda-based Arch Capital Group Ltd., announced it has entered into an agreement in principle to obtain a majority stake in Precision Marketing Asia Pacific (PMAP), subject...

AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.

Feb 14 2020 // AssuredPartners Inc. has acquired Nevada West Business Insurance Agency Inc. in Las Vegas, Nev.The team of five will remain under the operational leadership of Jeff Maren. Terms of the deal weren’t disclosed.Nevada...

SCOR Buys Majority Stake in Brazil MGA with Agricultural Specialty

Feb 14 2020 // Global reinsurer SCOR said it has acquired a majority stake in AgroBrasil, an MGA focused on distributing fruit and grain loss of crop quality and yield insurance protection to Brazilian farmers.Neither side disclosed...

Ohio’s McGowan, Allied Specialty Partner on Amusement/Entertainment Insurance

Feb 13 2020 // Fairview Park, Ohio-based The McGowan Companies has entered into a joint venture with Allied Specialty Insurance Inc., a subsidiary of AXA’s property/casualty and specialty risk division, AXA XL, forming McGowan...

Towne Insurance Expands Into South Carolina, Acquires The Angel Insurance Agency

Feb 13 2020 // North Carolina-based Towne Insurance has expanded into South Carolina with the completion of its acquisition of Nationwide Agency, The Angel Insurance Agency.Led by David E. Angel, The Angel Insurance Agency has offices...

Arthur J. Gallagher & Co. Acquires Illinois’ Affiliated Benefit Consultants

Feb 12 2020 // Arthur J. Gallagher & Co. has acquired Oakbrook, Illinois-based Affiliated Benefit Consultants Inc.Terms of the transaction were not disclosed. Founded in 1986, Affiliated Benefit Consultants offers a full suite of...

DOXA Insurance Holdings Acquires Ultra Risk Advisors in Washington

Feb 12 2020 // DOXA Insurance Holdings LLC has acquired Bellevue, Wash.-based Ultra Risk Advisors. Ultra Risk Advisors will continue operating as Ultra from its home office in Bellevue, WA, with satellite offices in Chicago, Atlanta,...

DARAG Completes 2 Legacy Acquisitions in UK

Feb 12 2020 // DARAG Group Ltd., the Malta-based legacy acquirer, announced the completion of the acquisitions of both The Underwriter Insurance Co. Ltd., a UK-based insurer in run-off, and of the previously announced sale and purchase...

The Hilb Group Acquires Regency Insurance Group of Florida

Feb 12 2020 // The Hilb Group, LLC (THG) has acquired Florida-based Regency Insurance Group, LLC (RIG). The transaction became effective Feb. 1, 2020. Based in Bonita Springs, Fla., RIG is a property & casualty agency that...

NFP Buys Canada Political Risk and Trade Credit Broker, Indemnis Trade Risk Mgmt

Feb 11 2020 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Indemnis Trade Risk Management Ltd.Financial details of the transaction, which closed on Dec. 10, 2019, were not disclosed....

Hub International Buys Quebec-Based Azur Consulting Services

Feb 11 2020 // Hub International Ltd. (Hub), the Chicago-based insurance broker, announced it has acquired the assets of Azur Consulting Services Inc.Terms of the transaction were not disclosed. Located in Longueuil, Quebec, Canada, Azur...

USI Insurance Services Acquires Orgill Singer & Associates in Nevada

Feb 10 2020 // USI Insurance Services has acquired Las Vegas, Nev.-based Orgill Singer & Associates Inc.Terms of the deal were not disclosed. All of the agency’s team members in Las Vegas and Reno, including David Dahan, chief...