All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Mar 20 2017 // Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year.For 2017, experts predict the U.S. economy will continue to expand. “Job growth means higher payroll,...
Mar 17 2017 // Innovative Coverage Concepts (ICC) has launched a new program for fine dining and upscale casual establishments. ICC’s carrier partner for the program is Chubb, which according to Dean Carras, president of ICC,...
Mar 17 2017 // Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) agreed to buy USI Insurance Services from Onex Corp. in a $4.3 billion deal, including debt.The deal is the latest in a...
Mar 17 2017 // KKR, a global investment firm, and Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, have announced their joint acquisition of USI Insurance Services (USI), a U.S. insurance brokerage...
Mar 17 2017 // Current Chairman and President of Lighthouse Property Insurance Corp., Patrick L. White, has acquired an 89 percent ownership stake in Prepared Holdings, LLC and its wholly-owned subsidiaries including Prepared Insurance...
Mar 16 2017 // Weather Analytics, a provider of weather and predictive risk software for the insurance industry, reported that global insurers Tokio Marine HCC and W. R. Berkley Corp. together have funded a $17 million Series B financing...
Mar 16 2017 // Two U.S. senators from Midwestern states will introduce a bill on Tuesday that would require foreign companies buying U.S. food and agriculture firms to undergo a review aimed at ensuring the deal would not hurt U.S. food...
Mar 13 2017 // Intel Corp. will acquire Mobileye NV for about $15 billion, paying one of the highest takeover premiums this century to play catch-up in the market for technology that helps cars drive themselves.The U.S. chipmaker will...
Mar 13 2017 // OutsideIQ, a Canadian startup which uses cognitive computing to analyze data, is partnering with the world’s largest business commerce network, SAP Ariba , to help corporations quickly screen vendors for risk and...
Mar 13 2017 // Alliant Insurance Services Inc. has acquired Coeur d’Alene, Idaho-based Burkhardt Consulting LLC.Burkhardt joins Alliant’s employee benefits group, with the firm continuing to service clients from its Coeur...
Mar 13 2017 // The Travelers Cos. Inc. announced it has agreed to acquire Simply Business from Aquiline Capital Partners LLC for approximately $490 million, which includes the repayment of debt and other obligations at closing.Operating...
Mar 13 2017 // NJM Insurance Company has announced an expanded partnership with American Modern Insurance Group for coverage available in New Jersey and Pennsylvania.American Modern offers comprehensive collector car insurance policies....
Mar 9 2017 // York Risk Services Group (York), a Parsippany, N.J.-based provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, has acquired...
Mar 9 2017 // The African Risk Capacity (ARC) has teamed up with the African Development Bank (AfDB) to help African nations strengthen their resilience to weather-related risks.The ARC and the AfDB will work together to develop their...
Mar 8 2017 // USI Insurance Services (USI) has acquired Carolina First Associates LLC, an employee benefits insurance advisor located in Hickory, N.C.This acquisition extends USI’s presence as a middle market insurance brokerage...
Mar 7 2017 // Hub International Ltd. has acquired the assets of Wolf Point, Mont.-based Cassco Insurance Inc.Terms of the deal were not disclosed. Michael Cassidy, Cassco’s president, will join Hub Mountain and report to Rene...
Mar 7 2017 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., acquired Coverage Administrators Inc. of New York, N.Y. on February 1, 2017. Coverage Administrators Inc. has been...
Mar 7 2017 // Avatar Partners LP, the parent company of Tampa, Fla.-based Avatar Property & Casualty Insurance Company (Avatar), has agreed to acquire Tallahassee, Fla.-based Elements Property Insurance Holdings LLC and its...
Mar 7 2017 // PartnerRe Ltd. announced that Humberto Cabrera has been appointed to the position of head of Latin America.He replaces interim head of Latin America, Salvatore Orlando, who will continue in his position of head of Middle...
Mar 6 2017 // China’s insurance regulator is considering an industry shake-up that could see the biggest and most solvent firms resuming an overseas expansion, while smaller, riskier insurers would come under tighter scrutiny.The...