All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Feb 8 2022 // Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced Healthwise Group Ltd. as its second healthcare acquisition of 2022.Financial details of the transaction were not disclosed....
Feb 7 2022 // Hub International Ltd. acquired the assets of AVI Commercial Insurance Marketing Inc.in San Clemente, California. Doug Krumpols, president, and the AVI team will join Hub’s Los Angeles and Orange County...
Feb 7 2022 // There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to agency consultancy OPTIS Partners.Also, the 384 deals during the fourth quarter of 2021 marked a...
Feb 7 2022 // After a slight Covid-19 related dip in 2020, M&A activity has reached unprecedented levels with 2021 being the busiest year on record, resulting in significantly elevated demand for M&A insurance.At the same time,...
Feb 4 2022 // A holding company formed by the owner of the Sacramento Kings basketball team has agreed to purchase National Security Group Inc., an Alabama-based specialty underwriter of property, casualty and life insurance, for $41...
Feb 3 2022 // Oakbridge Insurance Agency, a large regional independent agency, announced its further expansion into Georgia with the acquisition of Jenkins, Skipworth & Associates in Alpharetta. JSA, an independent insurance agency...
Feb 3 2022 // The Hilb Group reports it has acquired the Mark E. Malvaso Agency, building upon the company’s presence throughout New York state. The transaction became effective January 1, 2022. Based in Elbridge, New York, the...
Feb 2 2022 // Metromile said its stockholders have approved its acquisition by digital insurer Lemonade. The transaction is expected to close in the second quarter pending regulatory approval.The pay-per-mile auto insurance provider...
Feb 2 2022 // HUB International Ltd. acquired the assets of Kornerstone Inc. in Chico, California. Eric Blofsky, pesident, and the Kornerstone team will join Hub Central & Northern California. Kornerstone provides individuals and...
Feb 2 2022 // New Jersey-based broker World Insurance Associates reports it has acquired Sumner & Sumner, Inc., an Insurance agency in Willimantic, Connecticut. Terms of the transaction were not disclosed. Sumner & Sumner began...
Feb 2 2022 // Jencap Group LLC has acquired the assets of Delta General Agency Corporation, a full-service specialty wholesale brokerage and managing general agency based in Houston. Delta will operate under the auspices of the Jencap...
Feb 1 2022 // Wallace & Turner, Inc. has acquired Guarantee Insurance Agency, effective January 1, 2022. Founded in 1907, Guarantee Insurance Agency has been operated by Jim and Gaylee Ross for over 25 years, offering personal,...
Feb 1 2022 // Chilean insurance-tech startup Betterfly plans to expand overseas after its latest funding round swelled its valuation to $1 billion.The company is preparing to begin operations in seven new markets in 2022 — Mexico,...
Feb 1 2022 // Arthur J. Gallagher & Co. announced the acquisition of Romford, Essex-based Devitt Insurance Services Ltd. in the United Kingdom. Terms of the transaction were not disclosed. Founded in 1936, Devitt is a privately...
Jan 31 2022 // io.insure, the world’s first online mergers and acquisitions (M&A) insurance marketplace for small and medium-sized business (SME) transactions, announced it has launched in Australia.The io.insure marketplace is...
Jan 31 2022 // Higginbotham Insurance has added J.M. Insurance Agency to its family in Tennessee. J.M. is an independent broker of commercial and personal P&C insurance, bonds and employee benefits. The broker, which has grown...
Jan 28 2022 // Alera Group has acquired six agencies around the country, including Cate-Russell Insurance, an independent insurance agency in Maryville. Tennessee. Cates-Russell, which offers business, personal and benefits products, is...
Jan 28 2022 // Alera Group has acquired Heritage Risk Management, a Lubbock, Texas-based network of independent risk management agencies serving clients throughout Texas, Oklahoma, Colorado and New Mexico. Heritage Risk...
Jan 27 2022 // Digital home insurance company Kin Insurance, Inc. and Omnichannel Acquisition Corp., a special purpose acquisition company, announced they have mutually agreed to terminate their plan to merge.The parties cited...
Jan 27 2022 // Relation Insurance Services has continued its rapid-expansion plan with the purchase of South Carolina-based Hodge Ethridge Insurance and Financial Services, the company announced. The terms of the deal were not disclosed....