Latest Mergers & Acquisitions Headlines

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

Arthur J. Gallagher & Co. Acquires KRW Insurance Agency in Illinois

Jun 9 2016 // Insurance broker Arthur J. Gallagher & Co. has acquired KRW Insurance Agency Inc. located in Crystal Lake, Ill. Terms of the transaction were not disclosed.Established in the 1940s, KRW Insurance Agency (KRW) is a...

Security Vendors, Partnerships Offer Key to Simplifying, Selling Cyber Insurance Online: CoverHound CEO

Jun 9 2016 // CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business customers to bind their...

John Yurconic Agency Acquires Hazleton Insurance in Pennsylvania

Jun 8 2016 // John Yurconic Agency, an independent agency based in Allentown, Pennsylvania, announced that it has acquired Hazleton Insurance Center in Hazleton, Pennsylvania. Terms of the transaction were not disclosed.Founded in 1969,...

U.S. Treasury Unit Reviews Fosun’s Acquisition of Ironshore

Jun 8 2016 // U.S. authorities are conducting a review of China’s Fosun Group’s acquisition in November 2015 of Bermuda-based insurer Ironshore.The Committee on Foreign Investment in the United States (CFIUS), part of the...

Confie Acquires Auto Dealer POS Provider ExpressLink in California

Jun 8 2016 // Confie has acquired ExpressLink Inc., a Calabasas, Calif.-based provider of auto dealer point of sale insurance and related products and services.Terms of the deal were not disclosed. Brian Murphy will continue as...

Arthur J. Gallagher Acquires Texas-Based Ashmore & Associates Insurance

Jun 7 2016 // Arthur J. Gallagher & Co. has acquired Ashmore & Associates Insurance Agency Inc. headquartered in Lubbock, Texas.Terms of the transaction were not disclosed. Founded in 1984, Ashmore & Associates Insurance...

Alliant Acquires Western Carwash Insurance Program

Jun 7 2016 // Alliant Insurance Services Inc. has acquired the Western Carwash Insurance Program in California.Terms of the deal were not disclosed. The Western Carwash Insurance Program is the exclusive insurance program of the Western...

Sapiens Acquires P/C Insurance Software Firm Maximum Processing

Jun 7 2016 // Israel-based financial software provider Sapiens International Corp. said it has agreed to buy Maximum Processing Inc., a property/casualty insurance software provider known for its Stingray System.Maximum Processing is a...

Hub International Acquires Certain Assets of Puerto Rico’s FirstBank Insurance Agency

Jun 6 2016 // Illinois-headquartered global insurance broker Hub International Limited reports that it has acquired certain assets of FirstBank Insurance Agency Inc.Terms of the acquisition were not disclosed. Based in San Juan, Puerto...

Allied World Names Enright, Anderson to North America M&A Underwriting Team

Jun 6 2016 // Specialty insurance provider Allied World Assurance Co. Holdings has named Terry Enright and Ryan Anderson to its North American Mergers and Acquisitions (M&A) underwriting team. Allied World’s North American...

UK’s Global Risk Partners Acquires Cavendish Munro Professional Risks

Jun 6 2016 // Global Risk Partners Ltd. (GRP), the insurance broking and managing general agent investment vehicle, has completed its acquisition of Cavendish Munro Professional Risks Ltd., the specialist retail broker.Cavendish Munro...

Ohio’s Farmers National Bank Acquires Bowers Insurance

Jun 6 2016 // The Farmers National Bank of Canfield (Farmers), based in Canfield, Ohio, has acquired the Bowers Insurance Agency Inc. (Bowers Group). The transaction closed on June 1, 2016 and is expected to be accretive to earnings...

Review of Q1 M&A Deal Activity

Jun 6 2016 // Deal count for the first quarter of 2016 was down slightly relative to the record-breaking first quarter of 2015, but was still the second most active first quarter in the past 10 years. There were 109 announced...

NFP Acquires Minnesota’s Benefits Solutions Plus

Jun 3 2016 // Insurance broker and consultant, NFP Corp. announced it has acquired Benefits Solutions Plus Inc. (BSP), based in Anoka, Minn.BSP is a benefits brokerage that specializes in providing group health plans and ancillary...

Church Mutual Completes Acquisition of SBIC, SCS in Pennsylvania

Jun 3 2016 // Church Mutual Insurance Company, a Merrill, Wisconsin-based insurer of religious organizations, announced that it has completed on June 1 its acquisition of School Boards Insurance Company of Pennsylvania Inc. (SBIC) and...

Risk Strategies Acquires OakBridge Advisors in California

Jun 2 2016 // Risk Strategies Co. has acquired employee benefits firm OakBridge Advisors in Newport Beach, Calif. Founders Edward Kirkwood and Lawrence Hartley their staff will continue serving their current client base. They will work...

Amos A. Phelps & Son, J.H. Slattery Announce Merger in Massachusetts

Jun 2 2016 // Two multi-generational independent agencies in Boston suburbs — Amos A. Phelps & Son Insurance in Rockland, Massachusetts, and J.H. Slattery Insurance Agency in Abington, Massachusetts — have announced...

UK Broker Bluefin Extends Loss Recovery Insurance Partnership with Lorega

Jun 2 2016 // Bluefin, the London-based insurance broker, has extended its existing loss recovery insurance services partnership with Lorega Ltd., the UK MGA and assistance specialist, across its middle market commercial business.The...

Disaster Recovery Firm Interstate Restoration Acquires Canada’s FirstOnSite

Jun 2 2016 // Interstate Restoration LLC, the Ft. Worth, Tex.-based disaster recovery company, has completed the acquisition of FirstOnSite Restoration G.P. Inc. in Canada.As Canada’s largest independent disaster restoration...

Midwest Risk Management Groups, Bearence and AERO, Form Partnership

Jun 1 2016 // Bearence Management Group, based in Des Moines, Iowa, and AERO Risk Management, headquartered in Minneapolis, Minn., have formed a strategic partnership to provide clients of both firms with access to expanded risk...