All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 19 2024 // The number of announced insurance distribution mergers and acquisitions boomed in 2021 and 2022. Last year, the count plummeted to levels seen at the beginning of the decade. Insurance Journal recently interviewed four...
Feb 16 2024 // Asta, through its third-party managing agency at Lloyd’s, announced the “in-principle” approval of a syndicate-in-a-box (SIAB) to deliver a breakthrough insurance product that aims to accelerate the...
Feb 16 2024 // KYND, the London-based provider of cyber risk management solutions, has disclosed “a substantial investment” to propel expansion and further growth.The investment comes from Verisk, a leading global data...
Feb 15 2024 // Howden, the London-based insurance intermediary group, announced it has agreed to acquire ARM Group Holdings Ltd., the parent of Alternative Risk Management, one of the largest independent insurance managers in Europe and...
Feb 13 2024 // Arthur J. Gallagher & Co. announced the acquisition of London-based The Wright Agency Ltd., doing business as Simply-Communicate Ltd.Terms of the transaction were not disclosed. Simply is a workplace communication...
Feb 13 2024 // Iceland’s government has agreed to buy all residential properties in the fishing town of Grindavik, which has become uninhabitable after three volcanic eruptions rocked the region in the last two months.Grindavik has...
Feb 9 2024 // (Reuters) – Owens Corning said on Friday it will buy door maker Masonite International for $3.9 billion in an all-cash deal, as it looks to beef up its home-building portfolio and expand its reach.Owens will acquire...
Feb 9 2024 // Inszone Insurance Services acquired J.B. Martin Insurance Agencies in Albuquerque, New Mexico. This acquisition bolsters Inszone’s presence in the Southwest. Since its establishment in 1981, John Bradley Martin and...
Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
Feb 8 2024 // Actor Gina Carano sued Walt Disney for wrongful termination from Star Wars series “The Mandalorian” in a lawsuit filed Feb 6 and backed by billionaire Elon Musk.Carano argued in the suit that she was fired in...
Feb 8 2024 // The former chief executive officer of a Kansas bank was charged with embezzling $47.1 million from the lender to buy cryptocurrency, as the tale of tiny Heartland Tri-State Bank and its failure unfolds.Shan Hanes, who led...
Feb 6 2024 // Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance...
Feb 2 2024 // CLARKSBURG, W.Va. (AP) — A federal bankruptcy judge on Wednesday approved the sale of a defunct private university’s campus to the owner of a West Virginia construction firm for $5 million.Craig G. Phillips, owner...
Feb 2 2024 // Jensten, the London-based independent insurance broking group, announced it has acquired independent community broker Melville Burbage.The deal, which is subject to regulatory approval, brings a dedicated team of 15 to...
Feb 1 2024 // Risk Strategies, a national specialty insurance brokerage and risk management firm, announced that it has acquired Ralph C. Wilson Agency, a full-service risk management and employee benefits consulting firm and insurance...
Feb 1 2024 // Atlanta-based PointeNorth Insurance Group, one of the larger independent agencies in the Southeast, has continued its streak of acquisitions with the addition of Valdosta Insurance Services and Southern Insurance Advisors...
Feb 1 2024 // Global insurance broker Arthur J. Gallagher & Co. reported the acquisition of Washington Depot, Connecticut-based Ericson Insurance Advisors.Ericson Insurance Advisors is a personal lines-focused insurance broker...
Jan 30 2024 // Arthur J. Gallagher & Co. announced the acquisition of Washington, Iowa-based Horak Insurance, Inc. Terms of the transaction were not disclosed. Horak Insurance is a retail property/casualty insurance agency serving...
Jan 30 2024 // There has been a somewhat return to normal when it comes to insurance-agency mergers and acquisitions, with traditionally active buyers preferring to remain inactive to focus on integration of agencies they’ve...
Jan 29 2024 // Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Metairie, Louisiana-based Forest Insurance Facilities....