All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Apr 4 2019 // Gramercy Risk Holdings LLC, a Uniondale, N.Y.-based insurance holding company, has acquired Executive Insurance Company, a New York-domiciled admitted insurance company. Following the acquisition, Executive will be renamed...
Apr 4 2019 // Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Premiere Risk Management (PRM). Terms of the transaction were not disclosed.Located in the Chicagoland area, PRM is a...
Apr 3 2019 // Residential property managing general underwriter, SageSure Insurance Managers has partnered with Independent Mutual Fire Insurance Company (IMF) on a homeowners product in Texas, with plans to expand to additional coastal...
Apr 3 2019 // UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker.On...
Apr 3 2019 // Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help create regulations in the United States.General Motors Co., Ford...
Apr 3 2019 // Arch Insurance (UK) Ltd., part of Bermuda-based Arch Insurance International, has completed the acquisition of UK managing general agency Axiom Underwriting, having initially purchased a 60 percent share of the business in...
Apr 3 2019 // Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Del Fisher Insurance Inc.Terms of the transaction were not disclosed. Based in Calgary, Alberta, Canada, Del Fisher Insurance is an...
Apr 3 2019 // Ameriprise Financial is selling its Ameriprise Auto & Home (AAH) division to a subsidiary of Madison, Wisconsin-based American Family Insurance Mutual Holding Co. (American Family Insurance), the companies...
Apr 2 2019 // Marsh & McLennan Agency LLC has acquired Phoenix, Ariz.-based Lovitt & Touché.Terms of the deal were not disclosed. Charlie Touché, Lovitt & Touché CEO since 1998, will lead MMA’s operations in Arizona...
Apr 2 2019 // Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats.No terms of the transaction were disclosed. Embrace offers an...
Apr 2 2019 // Travis Kalanick, the co-founder of ride-hailing company Uber, and the company’s directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that slowed...
Apr 1 2019 // Tokio Marine HCC has acquired in Encino, Calif.-based NAS Insurance Services LLC.Terms of the deal were not disclosed. The acquisition of NAS represents the continuance of a partnership between NAS and the Tokio Marine...
Apr 1 2019 // Worley Claims Services LLC has acquired Eugene, Ore.-based Alacrity Renovation Services LLC from Lowe’s Companies Inc. Terms of the deal were not disclosed. Worley, based in Fishers, Indiana, is a provider of...
Apr 1 2019 // AssuredPartners Inc. has acquired Goodworks Financial Group of Glastonbury, Conn. Following the acquisition, Goodworks Financial Group’s team of 14 employees across multiple cities and offices in the Eastern region...
Apr 1 2019 // Brazil’s Caixa Economica Federal is mulling strategic partnerships for its credit card, asset management and insurance units before taking them public, Chief Financial Officer Andre Laloni said on Friday [March...
Apr 1 2019 // Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT).“Today marks the beginning of a new era with Marsh & McLennan and JLT coming together. This is a...
Mar 29 2019 // Alliant has hired Francis Rossi as vice president.In this new role, the New York-based property and casualty insurance veteran will deploy his experience in finance, insurance and risk management to a portfolio of clients....
Mar 28 2019 // Alera Group, a national insurance firm, has acquired Phalanx Healthcare Solutions LLC, effective March 1, 2019.Located in New York City, Phalanx is an insurance and reinsurance broker of medical malpractice insurance for...
Mar 28 2019 // SCOR Investment Partners announced the promotion of Sidney Rostan as head of Insurance-Linked Securities (ILS), effective April 1, 2019. Sidney Rostan replaces Vincent Prabis, who is leaving the company to take a different...
Mar 28 2019 // Florida-based Seeman Holtz Property & Casualty LLC announced the asset acquisition of Prey Insurance Services LLC, headquartered in Shawano, Wisconsin.Led by Mike Prey and his team, Prey Insurance Services has been...