All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Dec 18 2019 // J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., and Mark K. Ackerman, the sole shareholder of Insurance Management Group, Inc. (IMG), announced that Brown & Brown of South Carolina, Inc. has...
Dec 17 2019 // Zurich and insurtech managing general underwriter Vindati have launched a new stand-alone Motor Truck Cargo (MTC) program now available to for hire common and contract truckers. Written through an exclusive agreement...
Dec 17 2019 // Phoenix, Ariz.-based CopperPoint Insurance Cos. has completed its acquisition of Alaska National Insurance Co.The forecasted enterprise financial results as of Dec. 31 are roughly $625 million of written premium, a...
Dec 17 2019 // New boutique risk solutions business McGill and Partners has grown rapidly in its first six months of trading following “a successful talent acquisition strategy and significant client wins,” the company...
Dec 17 2019 // Alliant Insurance Services has acquired TCOR Management, a Texas-based risk management firm. The acquisition will expand the Alliant Energy & Marine talent base by 50 specialists and broaden the surety footprint across...
Dec 16 2019 // USI Insurance Services (USI) has acquired the Omaha, Nebraska-based benefits, retirement and risk management advisory firm, Marcotte Insurance Agency Inc.Terms of the transaction were not disclosed. Founded in 1927,...
Dec 16 2019 // Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies.The move will enable Applied Systems to offer Indio’s digitized commercial insurance...
Dec 12 2019 // North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that suggests digital gangsters and state-backed spies are finding common ground...
Dec 12 2019 // Those working for BKS-Partners aren’t just employees – they are referred to as colleagues company-wide, and they really love where they work.More than 90 of the company’s 450-plus “colleagues”...
Dec 11 2019 // Risk Strategies, a privately held national insurance brokerage and risk management firm, has acquired the two subsidiaries of Gowrie Holdings Inc. (GHI).The acquisitions include both Gowrie Group, a full-service national...
Dec 10 2019 // Minor League Baseball (MiLB) and insurer Nationwide have a new partnership making the Columbus, Ohio-based carrier the “Official Insurance Partner of Minor League Baseball.”Financial terms of the agreement were...
Dec 10 2019 // World Insurance Associates LLC (WIA) acquired J & S Risk Planning Group LLC of Wantagh, N.Y., on November 1, 2019. Terms of the transaction were not disclosed. Founded in 2009, J & S Risk Planning Group LLC...
Dec 10 2019 // Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special Risk Insurance Managers (SRIM). The transaction is expected to close effective January...
Dec 6 2019 // Centricus, the U.K. investment firm that helped SoftBank Group Corp. raise its $100 billion Vision Fund, is entering the insurance industry by forming a joint venture with former Goldman Sachs Group Inc. partner Chris...
Dec 6 2019 // Worldwide Facilities, LLC, a national wholesale insurance brokerage, managing general agency and program manager, has acquired Risk Management Advisory Group (RMAG), a managing wholesale broker based in Miami Lakes, Fla.,...
Dec 5 2019 // Hub International Ltd. has acquired the assets of Novato, Calif.-based Blair Jarcik Insurance Agency Inc. Blair Jarcik, president of Blair Jarcik Insurance Agency, will join Hub California and report to Bryan Costello, San...
Dec 5 2019 // Small business cybersecurity provider Coronet has partnered with Coalition, a cyber insurance provider for small and midsized businesses, to offer cyber insurance to Coronet customers. The partnership combines...
Dec 5 2019 // MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that currently distributes its pet insurance products through animal welfare agencies, direct-to-consumer channels and...
Dec 5 2019 // Trov has rolled out its digital renters insurance application, an end-to-end product brought to market by a unit of Lloyds Banking Group in the U.K.Trov, an insurance technology company, said the product enables renters to...
Dec 5 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of North Sydney, New South Wales, Australia-based Blueleaf Consulting Pty Ltd.Terms of the transaction were not disclosed....