All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aug 1 2019 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has expanded its presence in Florida with the acquisitions of West Coast Insurance Group and Combs Insurance, effective...
Jul 31 2019 // Western Security Surplus has acquired Klein & Costa Insurance Services in Santa Ana, Calif.Terms of the deal were not disclosed. K&C was founded in 1990 by Clarence Costa and Jim Klein. Costa will continue to lead...
Jul 31 2019 // Arch Capital Group Ltd. has entered into an agreement to purchase Barbican Group Holdings Ltd. from funds managed by Carlson Capital, a U.S.-based alternative asset management firm, subject to regulatory approval.The...
Jul 31 2019 // The Hilb Group LLC (THG) has acquired Rhode Island-based Damiano Agency (DA). The transaction became effective July 1, 2019.For more than 30 years, DA has been delivering property and casualty insurance for businesses and...
Jul 31 2019 // The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely...
Jul 29 2019 // Fortuna General Insurance Agency has acquired Simi Valley, Calif.-based Appleby and Sterling.Appleby and Sterling’s Mike Maurer and Sue Fodor will be joining Fortuna as production underwriters. Terms of the deal were...
Jul 29 2019 // Arthur J. Gallagher & Co. today announced the acquisition of New Orleans, La.-based Gillis, Ellis & Baker Inc.Terms of the transaction were not disclosed. Founded in 1933, Gillis, Ellis & Baker is a commercial...
Jul 29 2019 // Arthur J. Gallagher & Co. has acquired Rockville, Md.-based The Novick Group Inc.Founded in 1987, The Novick Group is a retail property and casualty broker focused on providing insurance products and services to...
Jul 29 2019 // Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity...
Jul 26 2019 // Gaspar Insurance Services has acquired Elden Insurance Services Inc. in Canoga Park, Calif. Plans call for Elden Insurance owner Dennis Helio to retire. Elden Insurance offers commercial and personal insurance services,...
Jul 26 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has added to its employee benefits practice with the acquisition of Gerard B. Tracy Associates Inc.Based in Fairfield, Conn., Gerard...
Jul 26 2019 // The Charles Schwab Corp. has agreed to acquire assets of USAA’s investment management company, including brokerage and managed portfolio accounts, for $1.8 billion in cash.The companies have also agreed to enter into...
Jul 25 2019 // HDI Global Specialty SE has strengthened its position in Sweden with the acquisition of alternative specialty lines managing general agent, Svedea AB.Svedea is one of the three largest insurers of yachts, motorcycles and...
Jul 24 2019 // Alera Group, a national independent insurance agency based in Deerfield, Ill., has acquired Landmark Benefits Inc., effective July 1, 2019. Landmark, located in Windham, N.H., is an employee benefits broker providing...
Jul 24 2019 // There were 328 announced U.S. and Canadian insurance agency mergers and acquisitions during the first half of 2019, the second-highest six-month total, trailing only the first half of 2017 when 333 transactions were...
Jul 22 2019 // DARAG Group Ltd., a Malta-based legacy acquirer, announced the acquisition of The Underwriter Insurance Co. Ltd., a UK-based insurer in run-off. The transaction will be completed through DARAG Deutsche Versicherungs-und...
Jul 19 2019 // Arthur J. Gallagher & Co. has acquired Manhattan, Kansas-based Darrell Phillips Inc., dba DPI Benefits.Terms of the transaction were not disclosed. Operating since 2008, DPI Benefits is an independent benefits broker...
Jul 18 2019 // DARAG Group Ltd., the Malta-based legacy acquirer, announced it has entered into agreement to buy a book of run-off business from One Re Ltd., a London-based non-life reinsurance company.The transaction will be conducted...
Jul 18 2019 // AssuredPartners Inc. has acquired Birmingham, England-based Hettle Andrews & Associates Ltd. The transaction is subject to customary approval by the Financial Conduct Authority and the deal terms have not been...
Jul 17 2019 // The Omaha (Nebraska) Fire Department is buying backup protective gear for its firefighters, giving them a second line of personal defense against cancer risks.The familiar yellow fire-retardant coats, trousers and...