All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 13 2024 // Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax.DealerMax, founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves car dealer customers in...
Mar 13 2024 // Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London.The transaction is subject to applicable regulatory approval and is expected to close before the end of the...
Mar 12 2024 // Amynta Group, the New York-based insurance services provider, announced the completion of the previously announced acquisition of Sutton Special Risk Inc., a managing general underwriter (MGU) of specialty insurance and...
Mar 12 2024 // Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according to Chief Executive Officer Philippe Donnet.“We are considering very...
Mar 12 2024 // Hub International Ltd. acquired the assets of Bolds Risk & Insurance Services in Larkspur, California. Ron Bolds, president of Bolds Risk, and the Bolds Risk team will join Hub Central and Northern California in the...
Mar 11 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...
Mar 7 2024 // Lonmar Global Risks, part of Bridge Specialty International, Brown & Brown Inc.’s International Wholesale and Specialty division, has acquired the renewal rights for a bloodstock portfolio from Norwich,...
Mar 7 2024 // North Risk Partners, one of the largest independent insurance brokers and risk advisory firms in the Midwest, has acquired McKinneyOlson Insurance in Sioux Falls, South Dakota, effective February 1. With this new...
Mar 7 2024 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Zavitz Insurance and Wealth Inc.Terms of the transaction were not disclosed. Located in London, Ontario,...
Mar 6 2024 // Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker.Founded in 1981, based in Croydon, UK,...
Mar 6 2024 // Brown & Brown announced that it has acquired the assets of Hillco Insurance. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive...
Mar 6 2024 // A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system.According to the results of a recent survey of 2,000...
Mar 5 2024 // Hub International Limited, a global insurance brokerage and financial services firm, announced that it has acquired A.S. Arbury and Sons, Incorporated (Arbury Insurance Agency) and the assets of Michelle L. Everett, Inc....
Mar 5 2024 // IMA Financial Group acquired RiskPoint Insurance Advisors LLC in the Pacific Northwest. With the transaction, k.p.d. Insurance and JL Jones and Associates will join RiskPoint in rebranding as IMA companies and expanding...
Mar 4 2024 // Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8-billion merger agreement on Monday, seeing no path forward after a U.S. judge blocked the deal in January on anti-competition concerns.A...
Mar 4 2024 // Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for a minimum fixed consideration of £242 million (US$306.2 million).The transaction includes...
Mar 4 2024 // Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced that it has completed its previously announced acquisitions of two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana...
Mar 4 2024 // A global risk advisory firm has beefed up its actuarial muscle with the acquisition of Madison Consulting Group, based in Madison, Georgia, and Newtown Square, Pennsylvania.FTI Consulting, which recently released its own...
Mar 4 2024 // AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of...
Mar 4 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...