All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Dec 21 2021 // LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that was set nearly 15 years ago, as an abundance of capital and sky-high...
Dec 20 2021 // Arthur J. Gallagher & Co. acquired Escondido, California-based Bradawn Insurance Services Inc. Dawna Gray and her associates will remain in their current location under the direction of Scott Gregory, head of...
Dec 20 2021 // The Hilb Group acquired Charles Newman Co. Insurance and Employee Benefits to its portfolio, adding to The Hilb Group’s growing presence in the New York metropolitan area. The transaction became effective December 1,...
Dec 20 2021 // OSLO/COPENHAGEN – Insurer Storebrand has agreed to buy the Norwegian unit of Danish pension provider Danica from Danske Bank, the companies said on Monday.Norway’s Storebrand will pay 2.01 billion Norwegian crowns...
Dec 20 2021 // The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic.Potential buyers take out...
Dec 17 2021 // PointeNorth Insurance Group, a regional agency, has acquired Alabama Insurance Exchange, based in Birmingham, the company said in a news release.AIE is now part of the PointeNorth Alliance, which offers access to...
Dec 16 2021 // Hub International Ltd. acquired the assets of JP Griffin Companies LLC in Scottsdale, Arizona. Jeff Griffin, Founder and President of JP Griffin Group, and his team will join Hub Southwest. JP Griffin Group is a national...
Dec 16 2021 // The Hilb Group brought PSA Insurance & Financial Services into its portfolio, further strengthening its presence in the Mid-Atlantic region as well as building on its range of employee benefits, commercial and personal...
Dec 16 2021 // Kin Insurance, a digital direct-to-consumer home insurer that targets catastrophe-prone areas, said it has has acquired an inactive insurance carrier holding licenses in 43 states.Kin, which has operated in Florida,...
Dec 16 2021 // Zurich Insurance Group agreed to acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation, to further enhance the group’s digital...
Dec 15 2021 // An unnamed Louisiana private insurer will assume to acquire all policies from two insolvent homeowners insurance companies that were placed into receivership in November by the Louisiana Department of Insurance.Louisiana...
Dec 15 2021 // Arthur J. Gallagher & Co. has Chicago-based Tave Risk Management, LLC. Terms of the transaction were not disclosed. Founded in 2000, Tave Risk Management, LLC is a retail property/casualty broker and risk advisory firm...
Dec 15 2021 // Credible, a digital lending marketplace, acquired Young Alfred, a digital insurance marketplace.Credible provides consumers with personalized and prequalified rate options when shopping for student loans, personal loans...
Dec 15 2021 // Abu Dhabi Investment Authority has acquired a stake in Ardonagh Group in a transaction valuing the U.K. insurance broker at $7.5 billion.The sovereign fund joined as a new investor in Ardonagh alongside several other large...
Dec 15 2021 // KKR & Co. is nearing a deal to buy a 10% stake in Shriram Capital Ltd.’s general insurance unit for about 18 billion rupees ($237 million), according to people familiar with the matter, as the Indian financial...
Dec 15 2021 // Arthur J. Gallagher & Co. acquired Reno, Nevada-based Richied & Associates Inc. in Nevada. Paul Richied, Tera Hodges, Cindy Fleischer and their associates will remain in their current locations under the direction...
Dec 14 2021 // Confie, a U.S. independent personal lines distributor, will acquire Velox Insurance as an affiliate to its nonstandard national brand, Freeway Insurance. The acquisition includes all 40 locations in Georgia, tripling...
Dec 14 2021 // World Insurance Associates LLC (WIA) acquired E&K Insurance Group of Eatontown, New Jersey, on December 1, 2021. Terms of the transaction were not disclosed.E&K was founded in 1930 by two entrepreneurs who...
Dec 14 2021 // SIB Corp., operating as StoneRidge Insurance Brokers (SIB), the Canadian provider of insurance and consulting services, has acquired John Stark & Co. (Stark), to expand its personal, commercial and life insurance...
Dec 13 2021 // High Street Insurance Partners has acquired Nebraska-based GTA Insurance Group. GTA Insurance Group provides comprehensive insurance and risk management solutions across Nebraska. It has an extensive agricultural practice...