Latest Mergers & Acquisitions Headlines

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

Risk Strategies Acquires Advanced Insurance Underwriters in Florida

Dec 27 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired business insurance specialist Advanced Insurance Underwriters (AIU), headquartered in Hollywood, Fla. Terms of...

Arthur J. Gallagher Acquires Louisiana’s Group Insurance Associates

Dec 22 2016 // Arthur J. Gallagher & Co. has acquired Group Insurance Associates Inc. in Metairie, Louisiana.Terms of the transaction were not disclosed. Founded in 1983, Group Insurance Associates Inc. (GIA) is an employee benefits...

Higginbotham Expands with Insurance Associates of the Southwest Merger

Dec 20 2016 // Fort Worth-based independent insurance broker, Higginbotham, and Insurance Associates of the Southwest (IAS) have merged their operations in Houston.IAS is an independent broker with 38 commercial, personal, life, health...

Arthur J. Gallagher Acquires National Ethics Bureau in California

Dec 20 2016 // Arthur J. Gallagher & Co. has acquired National Ethics Bureau Inc. in Carlsbad, Calif.Terms of the deal were not disclosed. Japheth Smellie and his team will continue to operate from their Southern California location...

Acrisure Acquires Alaska USA Insurance Brokers’ Commercial, Benefits Business

Dec 20 2016 // Acrisure LLC has acquired Alaska USA Insurance Brokers’ commercial insurance and employee benefits books of business.Terms of the deal were not disclosed. The new company will operate under the name Insurance Brokers...

USI Acquires Austin-Based Employee Benefits Firm, Ball Peoples

Dec 20 2016 // USI Insurance Services (USI) has acquired Ball Peoples, an employee benefits advisory firm headquartered in Austin, Texas.Since 1975, Ball Peoples has been providing employee benefits for clients throughout Central Texas...

Kaplansky Insurance of Massachusetts Acquires R.P. Ahearn Insurance

Dec 20 2016 // Kaplansky Insurance, a Needham, Mass., based independent insurance agency, has acquired certain assets of R.P. Ahearn Insurance Agency, based in Framingham, Mass.Since 1987, R.P. Ahearn Insurance has been dedicated to...

XL Catlin Extends Partnership with Kidnap Response Specialist S-RM

Dec 20 2016 // XL Catlin’s insurance operations announced it has extended its partnership with S-RM, the London-based specialist risk and business intelligence consultancy, effective Jan. 1, 2017.S-RM becomes XL Catlin’s...

Guidewire to Acquire Insurance Cloud Software Firm ISCS for $160 Million

Dec 19 2016 // Guidewire Software, which serves property/casualty insurers, has agreed to acquire another insurance software firm, San Jose, California-based ISCS, for $160 million in cash.The deal gives Guidewire entry into the small...

Confie Acquires Oasis Insurance in Arizona

Dec 19 2016 // Confie has acquired Mesa, Ariz.-based Oasis Insurance. Terms of the deal weren’t disclosed. Oasis Insurance is a provider of non-standard auto insurance. It operates from 21 offices located in Phoenix, Tucson, Mesa,...

JLT Re Acquires StoneHill Reinsurance Partners

Dec 19 2016 // JLT Re said it has acquired StoneHill Reinsurance Partners, a reinsurance intermediary specializing in medical professional liability.StoneHill, which is based in Minneapolis, will form part of JLT Re (North America)....

Anthem-Cigna Merger Trial Pits Efficiency Claims vs. Loss of Competition Claims

Dec 19 2016 // Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp. will raise costs, as government witnesses testified Friday that the deal will harm...

Canada’s Fairfax to Buy Switzerland’s Allied World for $4.9B in Cash, Stock

Dec 19 2016 // Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s biggest...

Brexit Opportunities, More M&A: Clyde & Co.’s 2017 Predictions, Part 1

Dec 19 2016 // M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from the insurance team at the international law firm Clyde & Co.Andrew Holderness, a partner...

Origami Acquires Utah-based Workers’ Comp Form Provider Claimwire

Dec 15 2016 // Origami Risk has acquired Kaysville, Utah-based Claimwire, a provider of automated workers’ compensation forms, compliance resources and regulatory information to the insurance industry.Terms of the deal were not...

INSURICA, DFB Insurance Group Forge Partnership

Dec 15 2016 // Oklahoma City-based INSURICA and Amarillo, Texas-based DFB Insurance Group have combined to form INSURICA DFB Insurance Services LLC.The new entity will be jointly owned by INSURICA and DFB. The transaction, effective Jan....

Maine-Based Cross Insurance Acquires Colt Insurance of Massachusetts

Dec 15 2016 // Cross Insurance, a Bangor, Maine, based subsidiary of Cross Financial Corp. and one of the largest independent insurance providers in New England, has further expanded its presence in western Massachusetts, New York and...

South Africa’s Rand Merchant Acquires 30% of UK Motor Insurer Hastings

Dec 14 2016 // South Africa’s Rand Merchant Investment Holdings ramped up its presence in the British insurance market on Wednesday with the purchase of a 30 percent stake in Hastings, driving the UK firm’s shares to 2-1/2...

‘Disruptor’ Hippo in California Raises $14M in New Funding Round

Dec 14 2016 // Mountain View, Calif.-based startup Hippo today announced it has closed a $14 million Series A round.The funding was led by Horizons Ventures, which invests in disruptive technology and startups. It was joined by RPM...

XL Catlin Adds Chubb’s McGowan, DLA Piper’s Laws to M&A Insurance Team

Dec 14 2016 // Preparing to capitalize on merger and acquisition (M&A) activity in 2017, XL Catlin continued to build out its global M&A insurance team with the appointments of Joseph W. Laws and Michael J. McGowan as directors...