Latest Mergers & Acquisitions Headlines

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

Insurance Agency M&A Activity Continues at ‘Impressive’ Level: OPTIS

Oct 12 2018 // There were 463 announced insurance agency mergers and acquisitions during the first three quarters of the year, the second-highest nine-month total.According to OPTIS Partners’ M&A database, the total trails only...

Largest African Insurer Sanlam Completes Acquisition of Morocco’s Saham Finances

Oct 11 2018 // Sanlam Ltd., Africa’s largest insurer by market value, said it fulfilled all the conditions for the $1.1 billion purchase of the shares it doesn’t already own in Morocco’s Saham Finances SA after...

U.S. Clears Way for CVS Acquisition of Aetna That Promises Consumer Cost Savings

Oct 11 2018 // Pharmacy chain CVS Health Corp. won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc., the Justice Department said on Wednesday, paving the way for a combination with potential to cut...

Brown & Brown of Kentucky Acquires FNI Management Group

Oct 11 2018 // Brown & Brown of Kentucky, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of FNI Management Group, according to an announcement by Scott Penny, chief acquisitions officer of...

Alera Group Acquires Distinctive Insurance and GLB in Nevada

Oct 10 2018 // Alera Group has acquired Distinctive Insurance and GLB Insurance Group of Nevada.Terms of the deals weren’t disclosed. Distinctive Insurance is an employee benefits consulting and insurance firm located in Southern...

Efficiency, Insurtech, Auto Uncertainty Drive Insurance M&A Activity, Says S&P

Oct 10 2018 // After one of the most active years for mergers and acquisitions in property/casualty and life insurance, market conditions point to a continued push for deals, according to analysis by S&P Global Market...

Ascot Opens U.S. Unit, Names Wolyniec CEO, Completes Greyhawk Acquisition

Oct 10 2018 // Bermuda specialty insurer Ascot Group has launched Ascot Insurance U.S. and appointed Greg Wolyniec as its president and chief executive officer.Ascot also announced the completion of the acquisition of Greyhawk Insurance...

Kapnick Acquires A.E. Mourad in Michigan

Oct 8 2018 // Kapnick Insurance Group has acquired Warren, Mich.-based A.E. Mourad Agency. The Mourad team will join Kapnick in their Troy offices in early 2019. A.E. Mourad is an independent agency that provides a variety of services...

Insgroup Acquires Fred Brown Companies in Texas

Oct 8 2018 // Insgroup Inc. has acquired Houston, Texas-based Fred Brown Insurance Brokerage to enhance its Employee Benefits offering to large employer groups. Insgroup also acquired Fred Brown Property Casualty. Terms of the deal were...

AXA Becomes Global Insurance Partner of UK’s Liverpool Football Club

Oct 5 2018 // AXA becomes the “official global insurance partner” for Liverpool Football Club, which is part of the English Premier League.In addition to providing excellent global brand visibility and raising AXA’s...

Lending Tree to Buy Online Insurance Service QuoteWizard for $370M

Oct 5 2018 // Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces.Since its founding in 2006, QuoteWizard has helped nearly 40...

Seeman Holtz Property & Casualty Acquires Spencer Insurance Agency of Florida

Oct 5 2018 // Florida-based Seeman Holtz Property & Casualty, Inc. has acquired Spencer Insurance Agency LLC, headquartered in Hobe Sound, Fla.Spencer Insurance Agency has been serving the Eastern coast of Florida for over 25 years....

Randall & Quilter to Acquire Coffey Group’s Irish Captive

Oct 4 2018 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced it has entered into an agreement to acquire Western Captive Insurance Company Designated Activity Company (WCIC) from the Coffey Group of companies in...

MJ Insurance, HealthJoy Partner on Employee Benefits

Oct 4 2018 // MJ Insurance, headquartered in Indianapolis, has partnered with HealthJoy, a healthcare guidance platform that helps employees make informed healthcare decisions and provides a variety of cost containment strategies to...

North Carolina Lawmakers Approve Florence Recovery Legislation, $57M in Funding

Oct 4 2018 // In a rare show of bipartisanship, the North Carolina legislature quickly approved Tuesday legislation described as financial and policy down payments on what’s expected to be a long, expensive recovery from Hurricane...

Canada MGA Totten Insurance Buys Lloyd’s Coverholder Anderson McTague

Oct 3 2018 // Totten Insurance Group Inc., a Toronto-based managing general agency, announced it has acquired Anderson McTague & Associates Ltd.Terms of the transaction were not disclosed. Headquartered in Saint John, New Brunswick,...

Louisiana’s Eustis Insurance & Benefits Acquired by Marsh & McLennan Agency

Oct 3 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Eustis Insurance & Benefits, a Louisiana-based independent insurance agency. Terms of the acquisition were not...

Alliant Acquires Zande Group in Illinois

Oct 3 2018 // Alliant Insurance Services has acquired the property/casualty insurance services firm, Zande Group, based in Des Plaines, Illinois.Zande Group delivers premium, tailored commercial and personal insurance products and...

IAT Insurance Group Finalizes Acquisition of New Jersey’s IFIC Surety Group

Oct 2 2018 // IAT Insurance Group, a Raleigh, N.C.-headquartered provider of specialty property and casualty products, has finalized its acquisition of Newark, N.J.-headquartered IFIC Surety Group Inc. IFIC consists of International...

Cooley Adds Lawson to Partnership in Massachusetts

Oct 2 2018 // Cooley is expanding its global insurance and insurtech leadership with the election of Heidi Lawson to the partnership.Based in Boston, Mass., Lawson arrived at Cooley in April as of counsel. Formerly an insurance partner...