All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Aug 30 2023 // LP Insurance Services LLC acquired Wasserman & Associates in Northern California. Wasserman & Associates joins the LP Insurance Services Gold River/Sacramento office. Wasserman & Associates has been serving the...
Aug 29 2023 // Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine.Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine...
Aug 24 2023 // Signers National acquired nonprofit insurance company Eclipse Risk Insurance Services in California.Signers National also acquired the nonprofit insurance firm Whittaker Agency in Illinois. The two new businesses will be...
Aug 24 2023 // Signers National announced the acquisition of nonprofit insurance company Eclipse Risk Insurance Services and Whittaker Agency, which will be be run under Lamb Insurance Services, a member company and retail agency in the...
Aug 23 2023 // International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday.The sale includes The Weather...
Aug 22 2023 // Growing extreme-weather risks mean President Joe Biden’s expected request for billions in extra disaster-relief funding might not be enough for the next fiscal year, FEMA head Deanne Criswell said.Biden’s...
Aug 21 2023 // Gibson has entered Utah through its acquisition of Brisk Advisors. The new Gibson Utah office is in Midvale. Brisk Advisors (formerly Insurance Network) has provided risk management and personal insurance solutions to...
Aug 21 2023 // Aston Lark Ireland, a Howden company, announced it has agreed terms to acquire Kegra Ltd., (trading as Finance Solutions), a Dublin-based mortgage broking specialist.Terms of the acquisition, which is subject to regulatory...
Aug 21 2023 // Oakbridge Insurance Agency, one of the larger independent agencies in the country, has expanded again with the acquisition of the Cole Agency in Montezuma, Georgia. Cole has specialized in poultry insurance since 1989 but...
Aug 21 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...
Aug 18 2023 // Florida-based The Liberty Company, one of the largest property/casualty insurance brokers in the country, announced it had secured $340 million in loans to refinance debt and fuel new growth opportunities.The funding, from...
Aug 17 2023 // World Insurance Associates LLC announced that R&S Insurance Agency, Inc. (“R&S”) of Stoughton, Wisconsin has joined World as of August 1, 2023. Terms of the transaction were not disclosed. R&S has...
Aug 17 2023 // Specialist Risk Group (SRG), the London-based insurance intermediary, has acquired Cheshire Insurance Brokers (CIB).Financial details of the transaction were not disclosed. Established in 2010 by Dominic Leach &...
Aug 17 2023 // Demex Group raised $5 million from a syndicate of existing and new investors the company says will address accumulating losses caused by secondary perils.The managing general agent, which “operates at the...
Aug 17 2023 // Towerstone acquired Fortuna General Insurance in Simi Valley, California.The partnership allows the company to take advantage of Fortuna’s wide array of carrier and broker relationships and its expertise in the...
Aug 16 2023 // Risk Strategies acquired Bisnett Insurance in West Linn, Oregon. Bisnett Insurance offers commercial lines, personal lines and employee benefits products. The firm has operations in the Pacific Northwest including Oregon,...
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,...