Latest Mergers & Acquisitions Headlines

All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.

PartnerRe Restructures P/C Business, Makes Changes to Executive Leadership Team

Mar 13 2019 // PartnerRe announced the company will reorganize its Property & Casualty (P&C) business segment into a regional structure while making several changes to its executive leadership team.Effective April 1, 2019,...

CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 12 2019 // CRC Group has launched Insurisk, a new brand name for its products. Additionally, CRC Group has formed an exclusive partnership with AMRISC, LLC to build new property products under the Insurisk name.Accirdubg to Dave...

Reliance Partners Acquires CTS in California

Mar 12 2019 // Reliance Partners is acquiring Sacramento, Calif.-based CTS Insurance Agency.Terms of the deal were not disclosed. The combination expands Reliance Partners’ transportation and logistics footprint to the West...

Towne Insurance Acquires Virginia’s Straus, Itzkowitz & LeCompte Insurance

Mar 12 2019 // Towne Insurance, a wholly-owned subsidiary of TowneBank, has acquired Straus, Itzkowitz & LeCompte Insurance, a full-service, independent agency located in Richmond, Va. Straus, Itzkowitz & LeCompte is led by...

Hub International Limited Acquires The Insurance Exchange in Maryland

Mar 11 2019 // Hub International Limited has acquired The Insurance Exchange Inc.Based in Rockville, Md., The Insurance Exchange is an independent insurance agency that provides employee benefits consulting, commercial property and...

Arthur J. Gallagher & Co. Acquires Connecticut’s Merit Insurance

Mar 11 2019 // Arthur J. Gallagher & Co. has acquired Shelton, Conn.-based Merit Insurance Inc.Founded in 1950, Merit Insurance is a retail property and casualty broker and employee benefits consultant offering a range of coverages...

Texas’ CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 8 2019 // Dallas-based CRC Group, a distributor of wholesale and specialty insurance products, has launched a new brand name for its exclusive products — Insurisk.Additionally, CRC Group has entered into an exclusive partnership...

Alliant Subsidiary, Tribal First, Acquires Canada’s AFN Insurance Brokers

Mar 8 2019 // Tribal First, a division of Alliant Underwriting Solutions, has acquired Ottawa, Canada-based AFN Insurance Brokerage.Financial details of the transaction were not disclosed. The acquisition pairs AFN Insurance Brokerage,...

Daimler, BMW Partner to Develop Industry Standards for Autonomous Driving Technology

Mar 8 2019 // Daimler and BMW are teaming up to develop autonomous driving technology to cut costs and set an industry standard that can help to shape future regulation for self-driving cars, senior executives said on Wednesday [March...

Hub Acquires Assets of Houston’s Peak Financial Group

Mar 7 2019 // Hub International Limited (Hub), a global insurance brokerage headquartered in Chicago, has acquired the assets of Peak Financial Group LLC (Peak Financial Group) in Houston, Texas. Terms of the transaction were not...

Mayer Brown Names Insurance Transaction Attorney Chen Partner in California

Mar 7 2019 // Mayer Brown has named Paul P. Chen a partner in the corporate and securities practice in Northern California. Chen focuses on complex transactions in the insurance, financial services and health care sectors, especially...

Aon Partners with Insurtech Skytek to Track Marine Risk Accumulations

Mar 7 2019 // Aon plc has partnered with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs.In an era of mega-ports and...

Patriot Growth Insurance Services Acquires Turner Insurance & Bonding Co. of Atlanta

Mar 7 2019 // Patriot Growth Insurance Services, LLC, a national retail insurance agency, has added Turner Insurance & Bonding Company to the Patriot platform. The addition of Turner deepens Patriot’s property and casualty...

McGowan Acquires Assets of Edgewater Holdings in Chicago

Mar 6 2019 // The McGowan Companies (McGowan), headquartered in Fairview Park, Ohio, announced it has purchased certain assets of the Chicago, Illinois-based program administrator, Edgewater Holdings Ltd. (Edgewater).Edgewater will be...

Aon Will Not Pursue Merger with Willis Towers Watson

Mar 6 2019 // Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up.The company said on Tuesday that it was in the early...

Ryan Specialty Group Closes Acquisition of Oklahoma’s Westphalen Insurance

Mar 5 2019 // Chicago-based Ryan Specialty Group LLC has acquired the assets and operations of Westphalen Insurance Services Inc. (Westphalen), an independently owned wholesale insurance brokerage with offices in Edmond, Oklahoma.The...

Ryan Specialty Group’s Acquisition of Myron F. Steves Complete

Mar 5 2019 // Chicago-based Ryan Specialty Group LLC has acquired the assets and operations of Myron F. Steves & Co. (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with...

Update: Aon Considers Bid to Buy Willis Towers Watson

Mar 5 2019 // Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s largest ever merger.Aon is in the early stages of exploring an all-share tie-up with...

Relation Insurance Acquires Villane Ward in California

Mar 5 2019 // Relation Insurance Services has acquired Villane Ward Insurance Services Inc. in Fresno, Calif. Terms for the deal were not disclosed. Villane Ward is a privately owned and operated employee benefits brokerage that...

Marsh & McLennan Agency Acquires Maryland’s Employee Benefits Group

Mar 5 2019 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Employee Benefits Group Inc. (EBG), a Bethesda, Md.-based independent insurance agency specializing in employee benefits and...