All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 6 2018 // Betterview, a drone-based inspection company specializing in risk and damage assessments, has formed an agreement with Munich Reinsurance America, Inc. (Munich Re) to offer drone imagery, analysis and reporting to Munich...
Feb 6 2018 // Hub International Ltd. has acquired the assets of Fresno, Calif.-based Der Manouel Insurance & Financial Services Inc.Terms of the deal were not disclosed. DMIG’s leadership team and staff will join Hub...
Feb 6 2018 // The insurance industry is “generally in the stone age,” and partnerships with technology companies are the way forward, according to Aviva Plc’s chief executive officer.His company, the U.K.’s...
Feb 6 2018 // Worley Claims Services, LLC, a provider of claims services in North America, has acquired Audit Services Incorporated (ASI), a claim estimate writing and review supplier for the property and auto insurance markets based in...
Feb 5 2018 // Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of IPS Advisors LLP and IPS RIA LLC (IPS Advisors). IPS is headquartered in Dallas, Texas, with offices in Houston, Austin,...
Feb 5 2018 // Taiwan venture capital firm Nogle Capital Management, Singapore venture capital firm GREE Ventures and several angel investors have participated in the seed funding round of SGD$1 million for Singapore startup Vouch...
Feb 5 2018 // Independent insurance broker ONI Risk Partners (ONI) has hired Mike Loveless as a commercial risk adviser in ONI’s Fort Wayne, Indiana, office.ONI is a full-service insurance agency delivering commercial, employee...
Feb 5 2018 // Mergers and acquisitions of insurance agencies last year broke all records in 2017, according to OPTIS Partners’ annual report. The OPTIS database recorded 604 deals in the United States and Canada in 2017, a 31...
Feb 5 2018 // M&A activity in the insurance industry was hot in 2017, and thus far in 2018, it shows no signs of cooling, with 30 deals announced in the month of January alone. The following are reports from the InsuranceJournal.com...
Feb 2 2018 // Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Susoreny & Associates Inc.Terms of the acquisition were not disclosed. Headquartered in Crown Point, Indiana, Susoreny &...
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...