All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aug 16 2023 // Maryland-based commercial property/casualty insurer Harford Mutual Insurance Group announced that it has received final approval from the Maryland Insurance Administration of its merger with ClearPath Mutual Insurance Co.,...
Aug 15 2023 // Higginbotham has acquired Houston, Texas-based Iscential, an independent insurance agency, risk management and financial services firm and one of the largest writers of Nationwide property and casualty insurance in the...
Aug 14 2023 // NEW ORLEANS (AP) – Nearly $3 billion in settlement money from the BP Deepwater Horizon disaster that devastated the Gulf Coast and killed hundreds of thousands of marine animals is now funding a massive ecosystem...
Aug 11 2023 // Regulatory changes and a reduced appetite for insurtechs are driving down insurance carrier mergers and acquisitions (M&A), a new report has found.M&A were down 17% worldwide during the first half of 2023,...
Aug 10 2023 // NFP, a property-casualty insurance broker, benefits consultant and retirement advisor, has acquired Hafetz & Associates, based in Linwood, New Jersey. Hafetz is a general agent specializing in health benefits, work...
Aug 9 2023 // Inszone Insurance Services, a national provider of benefits, personal, and commercial lines insurance, announced the acquisition of Speck Insurance and Financial Services.Terms were not disclosed. The acquisition includes...
Aug 8 2023 // Arthur J. Gallagher & Co. acquired Costa Mesa, California-based Wigmore Insurance Agency Inc. Tim Wigmore and his team will remain in their current location under the direction of Scott Firestone, head of...
Aug 7 2023 // DUAL, the London-based managing general agent, announced the acquisition of David Ashby Underwriting Ltd. (DAU), an MGA that specializes in bloodstock and high value sports horse insurance.Financial details of the deal...
Aug 7 2023 // Irving, TX., August 7, 2023 – Team One Adjusting Services (“Team One”), a provider of claims adjusting and claims management services, and Southwest Adjusters (“SWA”), a multi-line independent...
Aug 4 2023 // Verlingue has announced the acquisition of Gloucester, England-based Brunsdon Employee Benefits, an independently owned employee benefits specialist.The deal, subject to regulatory approval, supports Verlingue’s...
Aug 4 2023 // Birmingham-based Valent Group, an insurance brokerage and risk management firm, has acquired Coastal Professional Insurance Inc., an independent agency in Mobile, Alabama. Coastal, or CPI, has been in the business for...
Aug 4 2023 // After successful entries into the German, French and Canadian insurance markets, software-as-a-service firm Acturis Group has entered the U.S. market with the acquisition of Broker Buddha. Broker Buddha, based in New York...
Aug 3 2023 // Smart-car app maker Jerry received an additional $110 million in equity and debt financing to add its services designed to enable vehicle owners “manage all things car.” The Palo Alto, California-based company...
Aug 2 2023 // NR West, the parent company of The Insurance Exchange, a premier Dallas-based General Agency, announced that it has completed its acquisition of Foster Benefit Resources, a full-service General Agency specializing in fully...
Aug 2 2023 // Marsh McLennan Agency, a subsidiary of Marsh, announced Aug. 1 the acquisition of Graham Company, a leading risk management consultancy and one of the top independent insurance and employee benefits brokers in the...
Aug 1 2023 // Nashville-based Tenco Services Inc., a multi-line claims adjusting firm in six Southeastern states, plans to acquire the James C. Greene adjusting company in Raleigh, North Carolina, Tenco announced. Greene has offices in...
Jul 28 2023 // The Clear Group, the London-based independent broker, announced the acquisition of a specialist commercial lines managing general agent, Profile Risk Solutions Ltd.This represents the Clear Group’s third MGA deal and...
Jul 26 2023 // National specialty insurance broker Risk Strategies has acquired Castle Rock Capacity, a property/casualty insurance broker with a specialty in the construction, real estate and development industries.Headquartered in New...
Jul 26 2023 // Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions during the first half of the year was 359, down 24% from 475 during the same time last year.“The drop-off in deal...
Jul 25 2023 // Arthur J. Gallagher & Co. announced the acquisition of Sioux Falls, South Dakota-based Hagan Insurance Group. Terms of the transaction were not disclosed. Hagan Insurance Group provides insurance member benefits and...