All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Sep 12 2019 // SOBC DARAG has acquired New Mexico P&C Insurance Co. SOBC DARAG has received approvals from New Mexico OSI and Florida OIR for the transaction. Terms of the deal weren’t disclosed. SOBC DARAG Holdings is...
Sep 12 2019 // AXA XL is partnering with digital private flood insurance program manager Neptune Flood in a strategic underwriting partnership that will more than double Neptune’s capacity across the country.According to CEO Jim...
Sep 11 2019 // High Street Insurance Partners (High Street), an ExecFactor full-service insurance brokerage platform owned by private equity firm Huron Capital, has acquired Ottawa Kent Insurance Agency (Ottawa Kent), an outsourced risk...
Sep 11 2019 // DARAG Group Ltd., the Malta-based legacy acquirer, announced it has reached an agreement with Zurich Insurance plc to acquire Zurich’s German architects and engineers (A&E) professional indemnity insurance...
Sep 11 2019 // Hagerty, an automotive lifestyle brand and provider of specialty insurance to vintage vehicle enthusiasts, has acquired the Greenwich Concours d’Elegance in Greenwich, Conn.Following this move, Hagerty expects to add...
Sep 11 2019 // The Hilb Group LLC (THG) has acquired Massachusetts-based The Incentive Group LLC (IG). The transaction became effective September 1, 2019. IG is a full-service employee benefits consulting and brokerage firm providing...
Sep 10 2019 // Reliance Global Group Inc. has completed its acquisition of Bingham Farms, Michigan-based Altruis Benefit Consulting.The acquisition follows a letter of intent between the parties as previously announced on May 8, 2019....
Sep 10 2019 // Austin, Texas-based Service American Indemnity Co. (SAIC), national provider of program services, has added Risk Transfer Insurance Agency as the newest partner to support its continued national growth in workers’...
Sep 10 2019 // Partners General Insurance Agency (PGIA) has hired Thomas Farrell as senior vice president to start up its Connecticut branch of operations.Farrell will be writing on Ategrity Specialty Insurance Company paper which has an...
Sep 10 2019 // Fidelity National Financial and Stewart Information Services Corp. have agreed to terminate FNF’s proposed merger with Stewart due to the Federal Trade Commission’s issuance of an administrative complaint...
Sep 9 2019 // Arthur J. Gallagher & Co. has acquired Serna Insurance Agency, based in Humble, Texas.Terms of the transaction were not disclosed. Founded in 2001 by Pete and Martha Serna, Serna Insurance Agency offers private client,...
Sep 9 2019 // The U.S. Federal Trade Commission said on Friday that it had filed an administrative complaint aimed at preventing title insurance provider Fidelity National Financial, Inc. from buying rival Stewart Information Services...
Sep 6 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-headquartered broker, announced the acquisition of three UK insurance intermediaries – Rentguard Ltd., Home & Travel Ltd. and RGA Underwriting Ltd. –...
Sep 6 2019 // Hub International Limited has acquired the assets of Phil Bailey & Associates, P.A. Terms of the transaction were not disclosed. Located in Oxford, Miss., Phil Bailey & Associatesis an employee benefits brokerage...
Sep 5 2019 // Western Security Surplus has acquired Klein & Costa Insurance Services in Santa Ana, Calif. K&C was founded by Clarence Costa and Jim Klein. K&C’s primary focus is on small to medium specialty...
Sep 5 2019 // Florida-based AssuredPartners Inc. has acquired Houston Business Insurance Agency located in Houston, Texas.The acquired agency’s team of five will remain under the operational leadership of Dominique Renaud....
Sep 5 2019 // U.S. Risk, LLC, a property and casualty wholesaler and MGA, has acquired Regency Insurance Brokerage Services, a wholesale broker and MGA headquartered in Hallandale Beach, Fla., with additional locations in New York, New...
Sep 5 2019 // Starkweather & Shepley Insurance Brokerage Inc. (S&S) has acquired Revens-Gates Insurance Inc. of North Kingstown, R.I. Revens-Gates was founded in 1999 by Mark Revens and Peter Gates. Established in 1879, S&S...
Sep 4 2019 // Risk Strategies has acquired Risk Management Advisors in Long Beach, Calif. Terms of the deal were not disclosed. Risk Management Advisors designs and administers captive insurance programs and self-insured plans. Client...
Sep 3 2019 // Arthur J. Gallagher & Co. has acquired the university services business of Mission Viejo, Calif.-based benefits broker and consultant Garnett-Powers & Associates Insurance Services Inc.Steve Johnson and his...