All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jan 8 2024 // Majesco, a cloud insurance software provider for the insurance business, announced it has acquired the Decision Research Corporation (DRC) business.DRC, based in Philadelphia-based, is an SaaS-based insurance software...
Jan 8 2024 // Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed.Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties &...
Jan 5 2024 // Johnson & Johnson Inc. will expand its footprint into Oregon, Idaho, Montana and Washington by acquiring the assets of Mid Valley General Agency LLC based in Salem, Oregon. Mid Valley is a family-owned managing general...
Jan 4 2024 // World Insurance Associates LLC acquired the business of TW Group, Inc. of Westmont, Illinois on December 31, 2023. Terms of the transaction were not disclosed. TWG was founded in 1946 and provides insurance to individuals...
Jan 4 2024 // If you can make it in Florida, you can make it anywhere—especially if you have a billion dollars in capital.That may be the thinking behind a plan by Gallatin Point Capital to purchase a majority stake in Trusted...
Jan 4 2024 // Alliant Insurance Services acquired Oregon-based employee benefits firm Aldrich Benefits LP, of a member of the Aldrich group of companies. The Aldrich companies will continue to provide financial, wealth, tax, and...
Jan 4 2024 // BMS, the London-based specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu...
Jan 4 2024 // Howden, the London-based insurance group, announced the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker.Financial details of the deal were not disclosed. This acquisition reflects...
Jan 4 2024 // Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps the market for new issues early on this year.The Munich-based insurer priced a new €1...
Jan 3 2024 // Alliant Insurance Services acquired the employee benefits division of Eugene, Oregon-based PBC Insurance. The PBC employee benefits team will join Alliant and continue serving clients from its Eugene headquarters. PBC also...
Jan 3 2024 // The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter.The $435 million acquisition was first announced in November 2023, which...
Jan 2 2024 // ReSource Pro, an operations provider to insurance organizations, announced its acquisition of Texas-based Helix Agency Services LLC, a provider of managed technology services for insurance agencies and brokers in the...
Dec 27 2023 // Fairfax Financial Holdings Ltd. announced it has completed the US$860 million acquisition of Gulf Insurance Group (GIG) from Kuwait Projects Co. (KIPCO) and certain of its affiliates.First announced in April 2023, the deal...
Dec 26 2023 // Oakbridge Insurance Agency, calling itself one of the largest independent agencies with partnerships around the country, has acquired another Georgia company. Shan Akin Akin Insurance Agency, with offices in Vienna and...
Dec 22 2023 // A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were...
Dec 22 2023 // Risk Strategies, a specialty insurance brokerage, has acquired Setnor, Byer, Boganoff Inc., which does business as Setnor Byer Insurance & Risk, a Fort Lauderdale-area brokerage and risk management firm. Terms of the...
Dec 22 2023 // Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Castel Underwriting Agencies Ltd. from Arch Financial Holdings (UK) Ltd. and minority shareholders.Terms...
Dec 21 2023 // HDI Global Insurance Company (HDI) has acquired Indiana Lumbermens Insurance Company (ILIC), a subsidiary of Pennsylvania Lumbermens Mutual Insurance Company (PLM). HDI has purchased one hundred percent (100%) of the...
Dec 20 2023 // Howden, the London-based global insurance group, announced the acquisition of VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands.Financial details of the transaction were...
Dec 20 2023 // Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment.The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing is...