All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Dec 16 2011 // Insurance Australia Group Limited (IAG) announced it had entered into an agreement to purchase the AMI insurance business for NZ$380 million (approximately A$288 million [US$287.96 million), enhancing its position as New...
Dec 14 2011 // Indiana-based Old National Insurance (ONI) has finalized a deal to acquire the employee benefits book of business from Gettings Reed Financial, headquartered in Lafayette, Ind.The acquisition includes group medical, group...
Dec 13 2011 // USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., has completed its acquisition of Bluff Head Enterprises in Rhode Island.Bluff Head Enterprises is a Wakefield, Rhode...
Dec 13 2011 // Advocate Reinsurance Partners LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, has added Cory Anderson as a partner. Anderson has worked in the reinsurance sector for more than a decade. He was...
Dec 13 2011 // Texas-based Frost Insurance announced it will acquire Stone Partners Inc., a human resource consulting firm that specializes in compensation, benefits and outsourcing services, effective Jan. 1, 2012.Stone Partners will...
Dec 13 2011 // The insurance industry is likely to see more robust mergers-and-acquisitions activities in 2012, according to a New York investment and research firm.In 2011, the M&A deal volume started off relatively slowly,...
Dec 12 2011 // Willis Italy, a unit of Willis Group Holdings, announced the acquisition of Broking Italia SRL, a long-established specialist in the Italian insurance market, founded and currently headed by Gianfranco Agostini and Daniela...
Dec 8 2011 // Transwestern General Agency Inc. in Salt Lake City, Utah has been acquired by Arthur J. Gallagher & Co. Terms of the transaction were not disclosed.Founded in 1945, Transwestern is a managing general agent and...
Dec 8 2011 // Strickland Insurance Brokers said it has acquired Carolina Insurance Service Inc. Carolina Insurance is a managing general agent that serves agents in North Carolina, South Carolina and Virginia. The company is based in...
Dec 8 2011 // Risk Strategies Company, a brokerage and risk management firm headquartered in Boston, acquired Global Insurance Network, an independent insurance agency in Needham, Mass. As part of the transaction, Global Insurance...
Dec 7 2011 // Richmond, Virginia-based specialty insurer Markel Corp. is acquiring Thompson Insurance Enterprises, a national program administrator that does business as Thomco.Headquartered in Kennesaw, Georgia, Thomco manages 20...
Dec 6 2011 // Great American Insurance Group, headquartered in Cincinnati, Ohio, announced it is acquiring Dallas, Texas-based Employers Comp Associates Inc. (ECA) and Freeman Administrative Solutions Inc. (FAS). ECA and FAS were...
Dec 6 2011 // The Woodlands Financial Group (TWFG) a large privately held insurance organization headquartered in The Woodlands, Texas, announced it has acquired Texans CUSO Insurance Group LLC dba Heartland Marketing Group.Heartland...
Dec 5 2011 // Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the renewal rights to CV Starr Syndicate 1919’s Continental European Marine,...
Dec 5 2011 // State-run Bank of India said late on Saturday it would buy 51 percent of Indian asset manager Bharti AXA Investment Managers Pvt Ltd from the firm’s two joint venture partners.Bharti AXA Investment Managers is a...
Dec 2 2011 // Renton, Wash.-based Insurance provider Bell-Anderson Agency Inc. has acquired Cornelius Insurance of Newman Lake, Wash. Cornelius’ owner, Rick Cornelius, joins the agency’s growing presence in the Spokane...
Dec 2 2011 // AssuredPartners, a portfolio company of Chicago-based private equity firm GTCR, has purchased SKCG Group, a White Plains, N.Y.-based agency. The company said the SKCG acquisition provides a strategic asset and an...
Dec 2 2011 // KMRD Partners, a Warrington, Penn.-based risk management consulting firm and property/casualty insurance broker, has acquired assets of General InsurCorp. Based in West Chester, Penn., General InsurCorp has been operating...
Dec 1 2011 // Bill Thomas has partnered with Ben Thomas and Barry Rabune of Costa Mesa, Calif.-based of RSI Insurance Brokers, a property and casualty insurance company that focuses on the transportation industry.RSI recently expanded,...
Dec 1 2011 // ACE Limited announced on Wednesday that it has completed its acquisition of Penn Millers Holding Corp. for approximately $107 million in cash. The two companies first announced the deal in September. Penn Millers...