Latest Mergers & Acquisitions Headlines

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

At the Intersection of Tech and Insurance: Exploring MGA Funding Then and Now

Jan 11 2024 // This post is part of a series sponsored by AgentSync.Just a few years ago, Managing General Agencies (MGAs) were an attractive investment option in the insurtech space. But market turmoil and emerging industry challenges...

Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M

Jan 10 2024 // Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108...

ALKEME Acquires Texas’ Flor Insurance Group

Jan 9 2024 // ALKEME, announced the acquisition of Flor Insurance Group, a multi-line independent insurance agency located in El Paso, Texas and serving the entire United States. Founded in 2010, Flor Insurance Group is focused on...

Oswald Companies Acquires Michigan’s Brieden Consulting Group

Jan 9 2024 // Oswald Companies announced it has acquired Brieden Consulting Group, an employee benefits agency based in Grosse Pointe, Michigan. The addition of Brieden strengthens Oswald’s existing Michigan presence, which is...

China Broker TIAN RUIXIANG Agrees to Buy Hong Kong’s Peak Consulting Services

Jan 8 2024 // TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a memorandum of understanding (MoU) to acquire Hong Kong insurance broker Peak...

Majesco Acquires Decision Research Corp. Insurance Software Business

Jan 8 2024 // Majesco, a cloud insurance software provider for the insurance business, announced it has acquired the Decision Research Corporation (DRC) business.DRC, based in Philadelphia-based, is an SaaS-based insurance software...

Gallagher Acquires German Specialty Broker Köberich Financial Lines

Jan 8 2024 // Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed.Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties &...

Johnson & Johnson Acquiring Mid Valley General Agency in Oregon

Jan 5 2024 // Johnson & Johnson Inc. will expand its footprint into Oregon, Idaho, Montana and Washington by acquiring the assets of Mid Valley General Agency LLC based in Salem, Oregon. Mid Valley is a family-owned managing general...

World Insurance Associates Acquires Illinois’ TW Group

Jan 4 2024 // World Insurance Associates LLC acquired the business of TW Group, Inc. of Westmont, Illinois on December 31, 2023. Terms of the transaction were not disclosed. TWG was founded in 1946 and provides insurance to individuals...

Gallatin Point Buys Majority Stake in American Family’s Florida Unit, Has National Plans

Jan 4 2024 // If you can make it in Florida, you can make it anywhere—especially if you have a billion dollars in capital.That may be the thinking behind a plan by Gallatin Point Capital to purchase a majority stake in Trusted...

Alliant Acquires Aldrich Benefits in Oregon

Jan 4 2024 // Alliant Insurance Services acquired Oregon-based employee benefits firm Aldrich Benefits LP, of a member of the Aldrich group of companies. The Aldrich companies will continue to provide financial, wealth, tax, and...

BMS Finalizes Acquisition of UAE’s Berns Brett Masaood, Rebranded as BMS Masaood

Jan 4 2024 // BMS, the London-based specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu...

Howden Acquires Norwegian Broker Arctic Insurance AS

Jan 4 2024 // Howden, the London-based insurance group, announced the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker.Financial details of the deal were not disclosed. This acquisition reflects...

Allianz Seeks to Buy Back Europe’s Biggest Old-School Bond

Jan 4 2024 // Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps the market for new issues early on this year.The Munich-based insurer priced a new €1...

Alliant Acquires PBC Employee Benefits Division in Oregon

Jan 3 2024 // Alliant Insurance Services acquired the employee benefits division of Eugene, Oregon-based PBC Insurance. The PBC employee benefits team will join Alliant and continue serving clients from its Eugene headquarters. PBC also...

Travelers Completes Acquisition of Corvus Insurance

Jan 3 2024 // The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter.The $435 million acquisition was first announced in November 2023, which...

ReSource Pro Acquires Texas-Based Helix Agency Services

Jan 2 2024 // ReSource Pro, an operations provider to insurance organizations, announced its acquisition of Texas-based Helix Agency Services LLC, a provider of managed technology services for insurance agencies and brokers in the...

Canada’s Fairfax Completes $860M Acquisition of Gulf Insurance Group from KIPCO

Dec 27 2023 // Fairfax Financial Holdings Ltd. announced it has completed the US$860 million acquisition of Gulf Insurance Group (GIG) from Kuwait Projects Co. (KIPCO) and certain of its affiliates.First announced in April 2023, the deal...

Oakbridge Acquires Akin Insurance Agency in Georgia

Dec 26 2023 // Oakbridge Insurance Agency, calling itself one of the largest independent agencies with partnerships around the country, has acquired another Georgia company. Shan Akin Akin Insurance Agency, with offices in Vienna and...

Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says

Dec 22 2023 // A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were...