All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 2 2018 // Ryan Specialty Group LLC, a Chicago, Ill.-headquartered international specialty insurance organization, has completed its acquisition of the assets and operations of the Irwin Siegel Agency Inc. (ISA). This transaction was...
Feb 2 2018 // Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi General Insurance Ltd. (JGIL) for LKR 16.4 billion (€85.9 million, or approximately...
Feb 2 2018 // Run-off specialist Armour Group Ltd. has led a group of investors to acquire Gibraltar-based Elite Insurance Co. Ltd. (EIC) and its affiliate Elite Business Development Ltd. (EBD).The financial details of the transaction...
Feb 1 2018 // XPT Group has partnered with W.E. Love & Associates (WEL), a 36-year old MGA with expertise in trucking risks.Led by John H. Love and based in Burlington, N.C., WEL offers select retail agencies direct access to...
Jan 31 2018 // Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018.The business...
Jan 30 2018 // Business Risk Partners (BRP) has expanded into the financial services sector with the addition of two specialty insurance coverages: miscellaneous professional liability insurance for a broad range of lenders, advisors and...
Jan 29 2018 // Seeman Holtz Property & Casualty Inc. has acquired Xponent Employer Solutions in Scottsdale, Ariz. Terms of the deal were not disclosed. Xponent helps clients reduce the costs associated with payroll, employee...
Jan 29 2018 // Eastern Insurance Group LLC, a Natick, Mass.-headquartered, wholly-owned subsidiary of Eastern Bank, has acquired the assets of the Southeastern Insurance Agency Inc., a full-service insurance agency with locations in...
Jan 29 2018 // Arthur J. Gallagher & Co. has acquired Crystal Lake, Illinois-based Market Financial Group Ltd. and its affiliate, Austin Consulting Group Inc.Terms of the transaction were not disclosed. Market Financial Group is a...
Jan 26 2018 // A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cyber security specialist.C5 Capital aims to create a regional managed security...
Jan 26 2018 // China is considering a merger of its banking and insurance regulators, people familiar with the matter said, as it seeks to better coordinate its attempts to counter financial risks in the world’s second-largest...
Jan 25 2018 // Jim Cashion, owner of James Cashion LTD Co., has partnered with Litchfield Special Risks Inc. to create a new LSR-CAT division, specializing in catastrophe insurance coverage in South Central states, effective Feb. 1.With...
Jan 25 2018 // Private equity firm Preservation Capital Partners has completed its acquisition of Ascent Underwriting, the London-based cyber and specialty lines MGA, after obtaining UK regulatory approval.Ascent’s management team...
Jan 24 2018 // Risk Strategies Co., a privately held national insurance brokerage and risk management firm, has acquired Benefits Network Insurance Agency (BNIA), a specialist brokerage focused on the development of employee benefits...
Jan 24 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency Inc. (ISA). Terms of the agreement were not disclosed.ISA is a human and social service managing...
Jan 24 2018 // Optisure Risk Partners, based in Manchester, N.H., has hired Reid Sterrett as life practice manager, reporting directly to Optisure CEO Peter R. Milnes.Sterrett will be based in Hartford, Conn., and will serve as a...
Jan 24 2018 // Hartford InsurTech Hub, powered by Startupbootcamp, has announced a partnership with Crawford & Company, a publicly listed independent provider of claims management to insurance companies and self-insured entities.The...
Jan 24 2018 // Insurtech Hippo has nailed down $25 million in new Series B funding, a cash infusion the provider of super-quick homeowners insurance will use to fuel a hiring and geographical expansion.Comcast Ventures and Fifth Wall led...
Jan 24 2018 // InsuranceHub, a technology-driven insurance agency with more than 15,000 clients nationwide, has acquired Insley Insurance of Dacula, Ga.The acquisition became official in January 2018. Insley Insurance was founded by...
Jan 23 2018 // TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced that Marc Beckers has been named partner and head of EMEA.Beckers, most recently head of Aon Benfield ReSolutions EMEA, is one of...