All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jan 31 2019 // Marsh & McLennan Cos.’ $5.6 billion acquisition of Jardine Lloyd Thompson Group is on track to close this spring.MMC CEO Dan Glaser, who described the deal as one of “strength on strength,” told...
Jan 31 2019 // Optisure Risk Partners, a national insurance and risk management firm headquartered in Manchester, N.H., has hired Jackie Roy as an account executive in the business insurance division, providing professional and...
Jan 31 2019 // Specialty underwriting platform elseco has entered into an agreement with global specialty insurer StarStone to acquire its managing general agent, Malakite Underwriting Partners Ltd., and the renewal rights to...
Jan 30 2019 // A startup focused on rewarding drivers and fleet owners that use autonomous vehicles and semi-autonomous car safety features has raised $5 million in seed funding.California-based Avinew’s technology uses artificial...
Jan 30 2019 // Global insurance brokerage, risk management and consulting services firm ,Arthur J. Gallagher & Co., has acquired Baton Rouge, Louisiana-based The Chapman Group Inc.Terms of the transaction were not disclosed. Founded...
Jan 29 2019 // Mergers and acquisitions of insurance agents and brokers last year broke several records in 2018, with private equity/hybrid buyers accounting for 68 percent of the total.According to consultants at OPTIS Partners’...
Jan 29 2019 // CORRECTION: Insurance Journal would like to clarify its original reporting on this transaction to make clear that Johnson & Johnson acquired only the assets of Strickland General Agency of LA, Inc., and not the stock...
Jan 29 2019 // Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co., people with knowledge of the matter...
Jan 28 2019 // Indianapolis-based managing general agent and wholesale insurance broker Arlington/Roe & Co. has completed the acquisition of Robert W. Schmidt & Company LLC, a special risk broker located in the Milwaukee suburb...
Jan 28 2019 // PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice president, to lead the launch of the firm’s property and casualty insurance linked...
Jan 25 2019 // Wilkinson Insurance Services Inc., an insurance premium audit services company based in Huntsville, Ala., is expanding to Virginia with its acquisition of Commercial Insurance Services of Virginia. The acquisition is...
Jan 25 2019 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield...
Jan 24 2019 // Allianz announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding...
Jan 23 2019 // The Travelers Companies, Inc. has partnered with ASQ Underwriting, a managing general underwriter, to offer transactional risk insurance in the United States, as strategic and private equity investors increasingly turn to...
Jan 23 2019 // Global Excess Partners (GEP), a specialty insurance organization, has promoted Brendan Cook from vice president to vice president and managing director. He reports to Chris Zoidis, corporate executive vice president of...
Jan 23 2019 // XPT Group LLC has acquired SVA Underwriting Services Inc., a trucking and transportation MGA and Lloyd’s Coverholder.SVA Underwriting specializes in physical damage and cargo cover with the ability to underwrite,...
Jan 23 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired United Health Actuarial Services Inc. (UHAS), a health actuarial, management, and underwriting consulting firm based...
Jan 22 2019 // California state Sen. Majority Leader Bob Hertzberg, D-Van Nuys, on Tuesday announced a bill to allocate $1 billion in funding over the next 10 years to retrofit homes across California.The bill was timed to follow the...
Jan 22 2019 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has reached agreement to acquire Clearwater, Fla.-based Bouchard Insurance, a full-service agency in Florida. Terms of the transaction,...
Jan 22 2019 // K2 Insurance Services LLC (K2) has completed its acquisition of the assets and operations of Mid-America Risk Managers Inc. (MARM).MARM, based in Omaha, Nebraska, is a farm and agricultural focused specialty general agency...