Latest Mergers & Acquisitions Headlines

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

Alkeme Acquires New Jersey’s Wharton Lyon & Lyon Agency

Mar 20 2024 // California-based insurance broker Alkeme reported the acquisition of Wharton Lyon & Lyon, a retail insurance agency headquartered in Livingston, New Jersey.Founded in 1912, Wharton Lyon & Lyon is a third-generation...

UK’s Ardonagh to Acquire Independent Italian Insurance Broker Mediass

Mar 20 2024 // The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Mediass, an independent Italian insurance broker company.Financial details of the deal were not...

Tokio Marine Has $10 Billion for Potential Acquisitions: Executive

Mar 20 2024 // Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer’s expanding international business...

Brawner Acquires Missouri’s Armstrong

Mar 13 2024 // Brawner Insurance Agency recently acquired Armstrong Insurance, a four-year-old agency serving Northeast Missouri. Brawner Insurance owner Jared Brawner will continue to serve as president and hired Jake Bunker as Sales...

Brown & Brown Acquires Assets of Northeast Dealer Services Firm, DealerMax

Mar 13 2024 // Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax.DealerMax, founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves car dealer customers in...

Novatae Acquires UK-Based Broker Bretton Woods International

Mar 13 2024 // Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London.The transaction is subject to applicable regulatory approval and is expected to close before the end of the...

Amynta Group Completes Acquisition of Canadian MGU, Sutton Special Risk

Mar 12 2024 // Amynta Group, the New York-based insurance services provider, announced the completion of the previously announced acquisition of Sutton Special Risk Inc., a managing general underwriter (MGU) of specialty insurance and...

Generali CEO Says Insurer Has Financial Strength for M&A Deals

Mar 12 2024 // Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according to Chief Executive Officer Philippe Donnet.“We are considering very...

HUB Acquires Assets of Bolds Risk & Insurance Services in California

Mar 12 2024 // Hub International Ltd. acquired the assets of Bolds Risk & Insurance Services in Larkspur, California. Ron Bolds, president of Bolds Risk, and the Bolds Risk team will join Hub Central and Northern California in the...

Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger

Mar 11 2024 // Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016.A Virginia federal district...

Brown & Brown’s Lonmar Acquires Renewal Rights for Bloodstock Portfolio

Mar 7 2024 // Lonmar Global Risks, part of Bridge Specialty International, Brown & Brown Inc.’s International Wholesale and Specialty division, has acquired the renewal rights for a bloodstock portfolio from Norwich,...

North Risk Partners Acquires South Dakota’s McKinneyOlson

Mar 7 2024 // North Risk Partners, one of the largest independent insurance brokers and risk advisory firms in the Midwest, has acquired McKinneyOlson Insurance in Sioux Falls, South Dakota, effective February 1. With this new...

Hub Int’l Acquires Canada Employee Benefits Specialist Zavitz Insurance and Wealth

Mar 7 2024 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Zavitz Insurance and Wealth Inc.Terms of the transaction were not disclosed. Located in London, Ontario,...

Howden Acquires UK Sport and Entertainment Specialist Broker, Hencilla Canworth

Mar 6 2024 // Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker.Founded in 1981, based in Croydon, UK,...

Brown & Brown Acquires Texas’ Hillco Insurance

Mar 6 2024 // Brown & Brown announced that it has acquired the assets of Hillco Insurance. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive...

Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey

Mar 6 2024 // A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system.According to the results of a recent survey of 2,000...

Hub International Acquires Pair of Michigan Agencies

Mar 5 2024 // Hub International Limited, a global insurance brokerage and financial services firm, announced that it has acquired A.S. Arbury and Sons, Incorporated (Arbury Insurance Agency) and the assets of Michelle L. Everett, Inc....

IMA Acquires RiskPoint in Pacific Northwest

Mar 5 2024 // IMA Financial Group acquired RiskPoint Insurance Advisors LLC in the Pacific Northwest. With the transaction, k.p.d. Insurance and JL Jones and Associates will join RiskPoint in rebranding as IMA companies and expanding...

JetBlue, Spirit Airlines Call Off $3.8B Merger on Antitrust Hurdle

Mar 4 2024 // Low-cost air carriers JetBlue Airways and Spirit Airlines canceled their $3.8-billion merger agreement on Monday, seeing no path forward after a U.S. judge blocked the deal in January on anti-competition concerns.A...

UK Insurer Aviva to Enter Lloyd’s Market via Acquisition of Probitas for £242M

Mar 4 2024 // Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for a minimum fixed consideration of £242 million (US$306.2 million).The transaction includes...