All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Sep 10 2018 // Independent specialty managing general agent Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies Limited in an asset purchase.Altitude...
Sep 7 2018 // Business Risk Partners (BRP), a Windsor, Conn.-based specialty insurance program administrator, has appointed Brad Lacey as a principal underwriter focused on management and professional liability products.Simultaneously,...
Sep 7 2018 // Arthur J. Gallagher & Co. has acquired United Dealer Services LLC. Terms of the transaction were not disclosed.Based in Highland Mills, N.Y., United Dealer Services LLC is a retail insurance broker and program...
Sep 7 2018 // Hub International Limited (Hub), the Chicago-based insurance broker, announced that it has acquired Access Insurance Brokers Inc.Terms of the transaction were not disclosed. Headquartered in Ottawa, Ontario, Access...
Sep 7 2018 // Arizona State Land Department officials say a national insurance company has successfully bid $83 million for about 134 acres of trust land in Scottsdale.Nationwide Mutual Insurance Co. has plans for a mixed-use...
Sep 7 2018 // It took just 78 days for a deal involving billionaire J. Christopher Flowers to blow up.Confie Seguros Holding II Co., an owner of auto-insurance brokerages that cater to Hispanic drivers with spotty credit, paid $100...
Sep 7 2018 // Japanese insurer Tokio Marine Holdings Inc. agreed to buy a minority stake in South Africa’s Hollard Insurance Co. Ltd. to help both companies expand through Africa.Tokio Marine will pay 5 billion rand ($327 million)...
Sep 6 2018 // Independent specialty managing general agent Nexus Group has acquired Huntington Underwriting Ltd. (HUL), a structured solutions underwriting manager operating out of Labuan International Business and Financial Centre,...
Sep 6 2018 // Pryor Cashman has hired insurance coverage attorney Christopher Loeber to the firm’s New York office to lead the newly-created Insurance Recovery and Counseling practice.With more than 20 years of experience, Loeber...
Sep 6 2018 // Dallas, TX, September 6, 2018— U.S. Risk’s StaffPak program has partnered with program-driven Markel Specialty to offer property and casualty coverage to the staffing and PEO industries. Markel will provide...
Sep 5 2018 // Athens Administrators, a provider of third-party claims administration services, has acquired San Antonio, Texas-based 1-2-1 Claims Inc. 1-2-1 Claims Inc. is a licensed third-party administrator (TPA) company specializing...
Sep 5 2018 // Hub International Ltd. has acquired the assets of Harman Agency LLC.Terms of the deal were not disclosed. Pepper Harman, owner of Harman Agency, will join Hub Northwest and report to Garth Hamilton, chief sales officer of...
Sep 5 2018 // FBinsure has acquired the Jose S. Castelo Insurance Agency, an independent agency located in New Bedford, Dartmouth, and Fall River, Mass.Established in 1981 by current President Jose S. Castelo, the agency provides...
Sep 5 2018 // Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of F&I Resources, a Westborough, Mass.-based company specializing in helping automotive dealers...
Sep 5 2018 // French reinsurer SCOR formally denied press claims that the group has been in merger discussions with PartnerRe or any other company. The SCOR statement, which was issued on Sept. 4, comes on the heels of a revelation on...
Sep 4 2018 // An Enstar Group subsidiary has agreed to acquire Maiden Reinsurance North America from a subsidiary of Maiden Holdings.The net consideration payable in the transactions is $307.5 million, subject to certain closing...
Sep 4 2018 // Specialist corporate insurance broker Verlingue announced it has acquired independent UK broker ICB Group. Financial details of the deal were not released.With the acquisition of Egham, England-based ICB, Verlingue triples...
Sep 4 2018 // Munich Re announced it is taking a further key step to create new business models in industrial Internet of Things (IoT) through the acquisition of the software company “relayr” via Munich Re’s...
Sep 4 2018 // French reinsurer SCOR SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s still interested in pursuing a deal. SCOR shares climbed the most in...
Sep 4 2018 // London, UK, September 4, 2018—Trireme Insurance Group, the international subsidiary of U.S. Risk Insurance Group, LLC, is pleased to announce that it has acquired MGB Insurance Brokers Limited (MGB). MGB will operate...