All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 6 2017 // Mergers and acquisitions of insurance agencies last year were the second-highest ever, according to OPTIS Partners’ annual report. The OPTIS database recorded 449 deals in the U.S. and Canada in 2016, a slight dip...
Feb 6 2017 // Almost three-quarters of global insurers believe their sector has failed to show leadership in digital innovation and an increasing number now regard investment and acquisitions in digitalization a priority to improve...
Feb 6 2017 // The following information from InsuranceJournal.com and other sources reflects only transactions reported publicly.One of the most active recent acquirers of agencies and brokerages is Michigan-based Acrisure. The firm,...
Feb 6 2017 // Merger & acquisition activity in the insurance distribution space continued at an industrious pace throughout 2016, with 443 closed transactions. This was down from 456 in 2015, but still higher than previous years on...
Feb 3 2017 // Wholesale insurance broker Gemini Risk Partners, based in Chicago, has appointed Yosha DeLong as managing director.Prior to joining Gemini Risk Partners, DeLong was most recently the London regional executive for Ironshore...
Feb 3 2017 // EPIC Insurance Brokers and Consultants has acquired Benefit Compass Insurance Services LLC, a specialist in employee benefits brokerage and consulting services in Irvine, Calif. Benefit Compass provides employee benefit...
Feb 3 2017 // Allianz has agreed to acquire the remaining 33.5 percent stake in Allianz Irish Life Holdings plc (AILH) not already owned by Allianz Group. Allianz aims to increase its stake in AILH from 66.5 percent currently to 100...
Feb 3 2017 // Allianz SE Chief Executive Officer Oliver Baete has 3 billion euros ($3.2 billion) to spend on acquisitions and is scouting for targets from Australia to Italy. Rushing into a deal would be a mistake, according to some...
Feb 2 2017 // Markel Corp. has agreed to acquire surety firm SureTec for approximately $250 million, inclusive of a three-year earn out.SureTec is one of the largest privately owned surety companies in the U.S. SureTec’s largest...
Feb 2 2017 // Chubb Limited CEO and Chairman Evan G Greenberg said that the company’s 2016 financial results have reflected the benefits of the nearly $30 billion ACE/Chubb merger that created today’s Chubb about one year...
Feb 2 2017 // Swiss Re has formed a strategic partnership with SAP SE, the enterprise application software company, to develop a solution to address the increasingly complex demands of global regulators, in the areas of financial...
Feb 2 2017 // Eastern Insurance Group LLC, a wholly owned, Natick, Mass., headquartered subsidiary of Eastern Bank, has acquired the assets of the Chase and Lunt Insurance Agency LLC, a full-service insurance agency located in...
Feb 1 2017 // Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm headquartered in Itasca, Ill., has announced the acquisition of Eagle Insurance Agency LLC (Eagle) in Syracuse, N.Y....
Jan 31 2017 // Arthur J. Gallagher & Co. has acquired The Presidio Group Inc. in Salt Lake City, Utah.Terms of the deal were not disclosed. The Presido management and associates will continue to operate from their current location...
Jan 30 2017 // Jardine Lloyd Thompson Group plc (JLT), a provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has acquired a majority stake in Construction Risk Partners LLC (CRP), a...
Jan 30 2017 // RSG Underwriting Managers (RSGUM) has agreed to acquire the total assets and operations of Interstate Insurance Management Inc. (Interstate).Interstate was represented in the transaction by Marsh, Berry & Company Inc....
Jan 30 2017 // Germany’s Allianz has made an informal takeover approach to QBE Insurance, Australia’s biggest insurer, but has not named a price, sources told Reuters on Monday.Shares in QBE closed flat after rising by up to...
Jan 26 2017 // Officials intend to introduce an innovative plan to speed up funding for flood-control measures along Houston bayous.The Houston Chronicle reports the city council is considering a payment plan that would have the state...
Jan 26 2017 // Valen Analytics has been acquired by Insurity, a Connecticut-based company that supplies software, data processing and analytics for property/casualty insurers.Neither side disclosed financial terms. Valen is perhaps best...
Jan 26 2017 // H.W. Kaufman Financial Group has acquired Colorado-based Essential Insurance Services Inc.Terms of the deal were not disclosed. Essential Insurance Services will become part of US-Reports, Kaufman’s national provider...