All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Apr 4 2024 // Brown & Brown Inc., the sprawling U.S. insurance brokerage based in Daytona Beach, has acquired Citrus Insurance and its affiliate, CHAPP Inc., which secures workers’ compensation coverage for citrus growers in...
Apr 3 2024 // Ardonagh Advisory, the London-based SME broking platform and part of Ardonagh Group, has completed its acquisition of Westfield Brokers Ltd.Financial details of the deal, which was first announced in December 2023, were...
Apr 3 2024 // Howden, the London-based insurance intermediary group, announced it has entered into an agreement to acquire OFRACAR, an independent brokerage group headquartered in Rouen, thereby expanding its geographical footprint and...
Apr 3 2024 // PCF Insurance Services, a brokerage operating in 40 states, has acquired Hoover, Alabama-based MK Insurance Group, a family owned commercial and personal lines agency in business for six decades. MK Insurance has...
Apr 3 2024 // Brera Partners, a Zurich-based private equity firm specializing in investments in the asset-light financial services sector, announced it has acquired 70% of the shares in Italian insurance broker GBSAPRI Group, with the...
Apr 2 2024 // Jensten, the London-based independent insurance broking group, announced the acquisition of Henry Seymour & Co.The deal, which is subject to regulatory approval, will introduce to the business a team of 22...
Apr 2 2024 // Imperial PFS (IPFS) has acquired Stonemark, Inc., a privately held premium finance organization. The transaction closed on April 1, 2024. Frisco, Texas-based Stonemark’s existing client base of over 4,000 agencies,...
Apr 2 2024 // The global insurance brokerage Arthur J. Gallagher has acquired Fort Myers-based Specialty Risk Management Services and its affiliate agency, Private Client Insurance Services, the broker announced Monday. Specialty Risk...
Apr 2 2024 // Global insurance broker NFP announced it has acquired the assets of SDN Insurance Agency (SDN).SDN handles property/casualty insurance as well as employee benefits, surety and life insurance in the the Buffalo, New York...
Apr 1 2024 // Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016.A Virginia federal district...
Apr 1 2024 // Mergers and acquisitions in the insurance industry continue steadily despite a slowdown due to COVID-19 and higher interest rates.After the price and terms are negotiated and a Letter of Intent (LOI) is executed, then it...
Mar 28 2024 // Miller, the London-based independent specialist re/insurance broker, announced that GIC, Singapore’s sovereign wealth fund, has completed the acquisition of Cinven’s shares in Miller.GIC and private equity firm...
Mar 27 2024 // Canada-based Desjardins, through its subsidiary Desjardins General Insurance Group Inc., and ICPEI Holdings Inc. announced they have entered into definitive agreements for Desjardins to indirectly acquire all of...
Mar 25 2024 // Plummer Insurance, Inc. announced the acquisition of Classic One Insurance from Riverstone Bank, effective March 15, 2024. Plummer Insurance was established in 1984 by Steve and Helen Plummer. The agency currently has nine...
Mar 21 2024 // Mergers that could result in banks with more than $100 billion in assets should expect heightened scrutiny from the U.S. Federal Deposit Insurance Corporation, according to draft guidance the agency released Thursday.The...
Mar 21 2024 // Global specialty brokerage Risk Strategies reported that it has acquired the U.S. and Canadian operating entities of global insurance holding company, H.W. International B.V.Based in New York City, Hugh Wood Inc. (U.S.)...
Mar 20 2024 // California-based insurance broker Alkeme reported the acquisition of Wharton Lyon & Lyon, a retail insurance agency headquartered in Livingston, New Jersey.Founded in 1912, Wharton Lyon & Lyon is a third-generation...
Mar 20 2024 // The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Mediass, an independent Italian insurance broker company.Financial details of the deal were not...
Mar 20 2024 // Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer’s expanding international business...
Mar 13 2024 // Brawner Insurance Agency recently acquired Armstrong Insurance, a four-year-old agency serving Northeast Missouri. Brawner Insurance owner Jared Brawner will continue to serve as president and hired Jake Bunker as Sales...