All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jan 6 2023 // Mitsui Sumitomo Insurance Co. has completed its acquisition of Warren, New Jersey-based reinsurance intermediary Transverse Insurance Group, closing a deal that was announced in August.Mitsui Sumitomo Insurance Co., a...
Jan 6 2023 // Insurance and investment firm Alera Group announced its acquisition of Virginia Beach-based The Ascent Group and affiliated companies.The acquisition adds significant assets under management to two Alera Group divisions:...
Jan 6 2023 // Duck Creek Technologies, the tech company that serves the property/casualty insurance market, announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform.Financial details of the...
Jan 5 2023 // Aon Names Fulciniti as Head of Strategy Execution for Commercial Risk Solutions, EMEAInsurance broker Aon plc has named Agostino (Ago) Fulciniti as head of strategy execution for Commercial Risk Solutions in EMEA,...
Jan 4 2023 // ALKEME acquired Atascadero Insurance Agency, dba Morro Bay Insurance Agency, in Fresno, California. Atascadero specializes in property/casualty covering the central California region. Ladera Ranch California-based ALKEME...
Jan 4 2023 // Marsh McLennan Agency (MMA), a subsidiary of global insurance broker Marsh, reports it has acquired Hunt Valley, Maryland-based HMS Insurance Associates, Inc.Founded in 1943, HMS provides businesses and individuals in the...
Jan 4 2023 // Specialty broker CAC Specialty and Cobbs Allen, a P/C and employee benefits broker, today announced the completion of their merger.The transaction creates a fully integrated specialty platform with the scale, resources and...
Jan 4 2023 // Specialist Risk Group (SRG), the London-headquartered broker, announced the acquisition of Fleet and Commercial, subject to regulatory approval. The deal enhances SRG’s existing commercial motor capability and is a...
Jan 4 2023 // Atlanta-based physician insurer MagMutual Insurance Co reports it has .has completed its acquisition of MDAdvantage Insurance Co. of New Jersey.The deal received final corporate approval and regulatory approval by the New...
Jan 3 2023 // Johnson & Johnson acquired the assets of Statewide Insurance Corp. in Arizona, as it looks to expand into several Southwestern states. Statewide Insurance Corp. serves clients across the Southwest, writing specialty...
Jan 3 2023 // Arthur J. Gallagher & Co. acquired Abilene, Texas-based CBS Insurance LLP. CBS Insurance is a retail insurance agency providing property/casualty and health/benefits coverages to clients throughout Texas and the...
Jan 3 2023 // Howden, the London-based international insurance broker, announced it has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.) and has signed an alliance with Banca March, March R.S.’s parent...
Dec 29 2022 // Berkshire Hathaway’s $11.6 billion acquisition of Alleghany Corp. was the largest insurance transaction in 2022 but insurance M&A activity dropped this year, according to an S&P Global Market Intelligence...
Dec 28 2022 // Grohs Schrager Hampson Aviation Insurance reports that it acquired Wings Agency of Hainesport, New Jersey on December 22, 2022. Wings Agency was founded by Hobart “Bud” Montee over half a century ago. His...
Dec 27 2022 // Arthur J. Gallagher & Co. announced the acquisition of Chicago-based ROC Group. Terms of the transaction were not disclosed. Founded in 1998, ROC Group is an employee communication agency specializing in human...
Dec 27 2022 // National broker The Hilb Group reported it has acquired Rhode Island-based OceanPoint Insurance, building upon its presence in the New England region.OceanPoint is based in Middletown, and has additional offices in...
Dec 27 2022 // A $1.7 trillion government funding bill approved by the U.S. Senate Thursday will bolster U.S. regulators and make it easier for states to bring antitrust lawsuits.The Federal Trade Commission (FTC), which has a number of...
Dec 22 2022 // Howden, the international insurance broker, announced it has agreed to acquire Assimovie, the leading TV, film and advertising insurance broker in Italy. The transaction underlines Howden’s continued commitment to...
Dec 22 2022 // Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform.Financial details of the transaction...
Dec 22 2022 // Global broker Arthur J. Gallagher & Co. has agreed to acquire the partnership interests of BCHR Holdings, L.P., which does business under the name Buck.Buck provides of retirement, human relations, and employee...