All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Sep 12 2024 // Mastercard Inc. agreed to buy cyber-defense firm Recorded Future for $2.65 billion to boost its ability to protect the card company’s massive global-payments system.The purchase from private equity firm Insight...
Sep 12 2024 // Westfield Center, Ohio – September 5, 2024 – Westfield Bank has announced the addition of three new top producers to its agency banking business vertical. The new hires include Mike Strakhov, serving in the role of...
Sep 10 2024 // Sigo Seguros, a Texas-based insurtech company that focuses on providing auto insurance services for immigrant and working-class communities, announced it has raised an additional $5.1 million in its pre-Series A funding...
Sep 10 2024 // This post is part of a series sponsored by Selectsys.In the competitive world of insurance, exceptional service is not just a nice-to-have; it’s a necessity. From attracting new clients to retaining existing ones,...
Sep 9 2024 // The reinsurance market has reached an equilibrium, with increased capital supply from accumulated earnings meeting higher demand for reinsurance protection from cedents. As such, margins will peak in 2024, although...
Sep 9 2024 // The first half of 2024 set a 15-year low for first-half insurance carrier mergers and acquisitions, according to Clyde & Co’s latest Mid-Year Growth Report.The number of insurance carrier M&A transactions...
Sep 6 2024 // NFP acquired Scott Litman Insurance Agency in Calabasas, California. Scott Litman, president of SLIA, will join NFP as a senior vice president and report to Ed Kurowski, managing director, West region P&C. SLIA offers...
Sep 5 2024 // Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings,...
Sep 5 2024 // Moody’s Corp. today said it acquired analytics firm Praedicat. The acquisition adds casualty and liability modeling to Moody’s range of market leading solutions for the insurance industry.Terms of the deal were...
Sep 5 2024 // Relation Insurance Services reports it has acquired the assets of The Haney Company Inc. of Silver Spring, Maryland.The transaction went into effect on May 1, 2024; terms were not disclosed. Haney offers employee benefits,...
Sep 5 2024 // Inszone Insurance Services acquired Cascade Insurance Center in the Bend, Oregon. The Cascade Insurance Center team will continue to operate out of their Bend location under the Inszone Insurance Services...
Sep 4 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Capulus, a specialist motor fleet managing general agent (MGA).Financial details of the deal were not disclosed. Based in...
Sep 4 2024 // The Clear Group, the London-based independent insurance broker, announced the acquisition of the managing general agency, Accelerate Underwriting.Financial terms of the deal, which is its fourth involving an MGA, were not...
Sep 4 2024 // Massachusetts-based Schrager Hampson Aviation Insurance Group reports it has acquired Northeast Aviation & Marine Insurance Brokers of Schenectady, New York.Northeast Aviation & Marine handles aviation including...
Sep 3 2024 // Conifer Holdings announced that it completed the sale of its insurance agency operations for consideration equal to $45 million (subject to transaction expenses and customary purchase price adjustments), plus possible...
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo...
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire the property and casualty (P/C) MGUs owned by Ethos Specialty Insurance LLC from Ascot...
Sep 2 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during...
Aug 30 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since...
Aug 30 2024 // PCF Insurance Services, a large U.S. brokerage handling commercial and personal lines, life and health, workers’ compensation and employee benefits, has acquired the insurance business of Kentucky Health...