Latest Mergers & Acquisitions Headlines

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

ALKEME Acquires JB Wright Insurance Services in California

Mar 14 2022 // ALKEME acquired JB Wright Insurance Services in Chino, California. JB Wright operates in all 50 states, and it specializes in personal and commercial lines. Ladera Ranch, California based ALKEME is backed by GCP Capital...

Canada’s Definity to Acquire Minority Stake in Broker Apollo Insurance

Mar 11 2022 // Definity Financial Corp. announced a strategic partnership with APOLLO Insurance Solutions Ltd., a Canadian digital insurance broker and MGA that specializes in commercial insurance.This strategic partnership includes a...

Hub Acquires Midland Agency in South Carolina

Mar 11 2022 // Hub International has continued its growth spurt with the acquisition of of Midland Agency Insurance in Columbia, South Carolina. Matthew Flemming, president and owner of Midland, and the rest of the Midland team will join...

Inszone Acquires Texas-Based Texstar

Mar 11 2022 // Inszone Insurance Services has acquired San Antonio, Texas-based Texstar Insurance Services Inc. Texstar specializes in auto, home, life and business insurance. Inszone Insurance is expected to announce several...

Mosaic to Buy Sirius Int’l Lloyd’s Managing Agency; SiriusPoint to Be Mosaic Investor

Mar 10 2022 // Mosaic Insurance has entered into an agreement to purchase the Lloyd’s managing agency of SiriusPoint as part of a transaction in which the global re/insurer will become a strategic investor in Mosaic.Under the deal,...

HUD: Texas Agency Discriminated in Hurricane Harvey Flood Relief Funding

Mar 10 2022 // Texas’ administration of flood relief money from Hurricane Harvey broke federal law by discriminating against Black and Hispanic residents in the Houston area, according to a decision by the federal housing agency...

Hub Acquires Niedermeyer Risk Management in Oregon

Mar 10 2022 // Hub International Ltd. acquired the assets of Niedermeyer Risk Management LLC in Beaverton, Oregon. Jon Niedermeyer, CEO & managing partner of Niedermeyer Risk Management, and the Niedermeyer Risk Management team will...

Hub Acquires Pacific Northwest Insurance in Washington

Mar 8 2022 // Hub International Ltd. acquired the assets of Pacific Northwest Insurance Inc. in Kirkland, Washington. Robert James, principal of PNI, and the PNI team will join Hub Northwest. PNI provides property/casualty, and personal...

U.S. Broker Brown & Brown Agrees to Acquire UK’s Global Risk Partners Ltd.

Mar 8 2022 // U.S. broker Brown & Brown Inc. has entered into an agreement to acquire Global Risk Partners (GRP) from its private equity owner Searchlight Capital Partners L.P.The acquisition, which is subject to regulatory...

ALKEME Acquires Chergey Insurance in California

Mar 8 2022 // ALKEME acquired Chergey Insurance in Thousand Oaks, California. Chergey Insurance offers services including workers’ compensation, property, general liability, and commercial auto. ALKEME is brokerage operating in 50...

Eastern Insurance Acquires Michals Agency in Massachusetts

Mar 8 2022 // Natick, Massachusetts-based Eastern Insurance Group reports it has acquired the operating assets of Michals Insurance Agency, an insurance agency about 16 miles away in Watertown. Terms were not disclosed. The transaction...

Hub Acquires Illinois’ Kuhl Insurance Agency

Mar 7 2022 // Hub International Limited has acquired the assets of Kuhl Insurance Agency, Inc. Terms of the transaction were not disclosed. Located in Morton, Illinois, Kuhl Insurance is an independent agency providing commercial and...

Re/Insurance Group Aventum Acquires Actuarial Consultant Mulberry Risk

Mar 7 2022 // Aventum, the London-based re/insurance group, has acquired Mulberry Risk, a boutique consultancy providing actuarial, analytical, exposure and capacity management services to MGAs.Financial details of the acquisition were...

AIA Group Agrees to Buy Bank of East Asia’s Non-Life Insurance Businesses for $278M

Mar 7 2022 // Bank of East Asia (BEA) said late on Friday it has agreed to sell its non-life insurance and healthcare services businesses to a unit of AIA Group Ltd. for an aggregate HK$2.168 billion ($278 million).BEA agreed to sell...

Hub Acquires Western Assurance Corp. in New Mexico

Mar 7 2022 // Hub International Ltd. acquired the assets of Western Assurance Corp. in Albuquerque, New Mexico. Chris Williams, president of Western Assurance, and the Western Assurance team will join Hub Southwest. Western Assurance is...

Element Risk Management Acquires Pennsylvania’s Ross Insurance

Mar 4 2022 // Element Risk Management has acquired Ross Insurance, a personal and commercial lines agency located in Lancaster, Pennsylvania.Terms of the transaction were not disclosed. Ross Insurance was founded in 1960 by Bill Ross...

$12.8M in Funding Authorized for Arizona Wildfire Recovery

Mar 4 2022 // The U.S. Department of Agriculture has agreed to provide $12.8 million in emergency funding to help parts of Arizona recover from three major wildfires in recent years, two members of the state’s congressional...

Truist Opens Insurance Services Unit with Close of Kensington Title Agency Acquisition

Mar 3 2022 // Insurance broker Truist Insurance Holdings, Inc. reports it has closed on the acquisition of Kensington Vanguard National Land Services (KV), a national title insurance agency.BridgeTrust Title Group, the company’s...

APCIA Joins Group Pushing for Reforms on Litigation Funding

Mar 3 2022 // A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding.The Consumers for Fair Legal Funding...

DARAG Acquires Guernsey Reinsurance Captive in Run-Off

Mar 3 2022 // DARAG Group, an international insurance and reinsurance group that specializes in the assumption of discontinued businesses, has acquired a Guernsey based reinsurance captive.DARAG said the sale of the captive, which has...