Latest Mergers & Acquisitions Headlines

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

Canada’s Intact Financial Completes OneBeacon Acquisition; Vows to Grow Specialty Insurer

Sep 29 2017 // Intact Financial Corp. said it has completed its acquisition of U.S. specialty insurer OneBeacon Insurance Group from Bermuda-based White Mountains Insurance Group. The purchase price was C$2.3 billion (US$1.7...

USI Insurance Services Acquires Pennsylvania’s David M. Banet & Associates

Sep 28 2017 // USI Insurance Services (USI) has acquired David M. Banet & Associates Inc. (Banet), an Exton, Penn.-based leader in benefits consulting and administration, human capital management and insurance brokerage and...

Alera Group Acquires Pennsylvania’s West Park Insurance and Risk Management

Sep 27 2017 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired West Park Insurance and Risk Management of Allentown, Penn.Formed in 2002, West Park Insurance and...

Allianz Partners with Cyence to Expand Capabilities in Cyber Risk Analysis

Sep 27 2017 // Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, has teamed up with San Mateo, Calif.-based cyber risk analytics and modeling firm Cyence to...

AXIS Capital to Complete Acquisition of Novae Group in October

Sep 26 2017 // AXIS Capital Holdings Ltd. said it will complete its acquisition of London-based Novae Group plc in two phases, beginning with the acquisition of Novae shares, which is expected on Oct. 2, 2017.This will be followed by...

Seeman Holtz Continues Florida Expansion With Acquisitions of 3 Agencies

Sep 26 2017 // Seeman Holtz Property & Casualty, Inc. has acquired three different agencies in Florida as part of its geographic expansion and continued growth throughout the United States. The three Florida agencies most recently...

Seeman Holtz Property & Casualty Acquires Austin’s RateGenius Insurance Agency

Sep 24 2017 // Seeman Holtz Property & Casualty Inc., based in Boca Raton, Florida, has acquired RateGenius Insurance Agency Inc., an affiliate of RateGenius, headquartered in Austin, Texas.Serving all of Texas for almost 10 years,...

First Light Program Managers, Inc. Acquires the Assets of Piedmont Transportation Underwriters, Inc.

Sep 22 2017 // Dania, FL, September 22, 2017 – Anthony L. Johnson, Chief Executive Officer of First Light Program Managers, Inc. and James A. Butler, President of Piedmont Transportation Underwriters, Inc. of Winston-Salem, North...

PartnerRe Forms Partnership with Fintech Money Transfer Specialist, RemitRadar

Sep 21 2017 // PartnerRe has entered into a strategic cooperation agreement with RemitRadar, a London-based money transfer specialist.PartnerRe and RemitRadar said they have formed this agreement “to capitalize on...

AIA Buys Commonwealth Bank of Australia’s Life Insurance Business for A$3.8B

Sep 21 2017 // AIA Group Ltd. agreed to buy Commonwealth Bank of Australia’s life insurance business for A$3.8 billion (more than $3 billion), in its most ambitious foray beyond the Hong Kong-based company’s core markets in...

AXA Continues Search for Fund Management Partner

Sep 21 2017 // AXA has talked to BNP Paribas and Natixis in its search for a partner for its fund management arm, aiming to build a business with at least 1 trillion euros ($1.2 trillion) of assets under management, sources familiar with...

First Light Program Managers Acquires Piedmont Transportation Underwriters of North Carolina

Sep 21 2017 // Anthony L. Johnson, chief executive officer of First Light Program Managers, Inc. and James A. Butler, president of Piedmont Transportation Underwriters, Inc. of Winston-Salem, North Carolina announced an agreement for...

Dietz, Gilmor & Chazen Makes 3 Partner Promotions in California

Sep 19 2017 // Dietz, Gilmor & Chazen has promoted Robert E. Robinson, Richard A. Lynn and Robert Lance to partners in the firm in California.All three newly promoted partners were previously with Dietz, Gilmor & Associates,...

The Hilb Group Acquires Massachusetts’ Mid-State Insurance Agency

Sep 19 2017 // The Hilb Group LLC (THG), a property and casualty insurance and employee benefits broker based in Richmond, Va., has announced the acquisition of Massachusetts-based Mid-State Insurance Agency Inc. (MSIA). The transaction...

Hub International Acquires Louisiana’s Benefit Advisory Group

Sep 18 2017 // Chicago-based insurance brokerage Hub International Limited (Hub), has acquired the assets of Benefit Advisory Group LLC (Benefits Advisory Group), with offices in New Orleans and Baton Rouge, La.Terms of the acquisition...

Arizona Gets $3.1M in Funding to Combat Opioid Abuse

Sep 18 2017 // Arizona’s efforts to combat opioid abuse are getting a $3.1 million boost from federal taxpayers.The U.S. Department of Health Services says the funding provided the state Department of Health Services is included in...

Seeman Holtz Property & Casualty Acquires DernCo Insurance in Wisconsin

Sep 18 2017 // Seeman Holtz Property & Casualty Inc. has acquired DernCo Insurance, headquartered in Milwaukee, Wis.Serving both Wisconsin and Colorado for more than 25 years, Rich Dern and his team have been offering a full spectrum...

Cincinnati’s Fifth Third Insurance Agency to Acquire Epic Insurance Solutions

Sep 15 2017 // Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Cincinnati, Ohio-based Fifth Third Bancorp, has agreed to acquire Epic Insurance Solutions Agency LLC, which also recently announced it will...

The Liberty Company Insurance Brokers Welcomes Christopher David Harney as Partner/Senior Vice President

Sep 14 2017 // Woodland Hills, CA, September 14, 2017- The Liberty Company Insurance Brokers is proud to welcome Christopher David Harney as Partner/Senior Vice President in its Los Angeles office. He will join the leadership team and...

Specialty MGAs Continue to be Popular Acquisition Targets

Sep 14 2017 // With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a hot M&A environment for specialized managing general agencies, representatives of...