All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Nov 12 2021 // Insurtechs continue to attract significant investor cash, pulling in a near-record $5.3 billion for the 2021 third quarter, representing a total of 472 deals.U.S. companies nailed down most of the cash, according to a...
Nov 12 2021 // Zurich American Insurance Company, a provider of insurance products and services to businesses in multiple industries, has signed an agreement to acquire Special Insurance Services, Inc., a Texas-based program manager...
Nov 12 2021 // Aston Lark Group, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced it has acquired Innovation Broking.Financial details of the deal were not disclosed. Established...
Nov 12 2021 // NFP, the New York City-based insurance broker and consultant, announced the acquisition of Canada’s Foster Park Brokers Inc.Details of the transaction, which closed on Nov. 1, 2021, were not disclosed. Foster Park is...
Nov 12 2021 // Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE, effective Dec. 31, 2021.HDI Global SE will then hold 100% of the shares. Financial details of...
Nov 12 2021 // Specialty insurer Argo Group International Holdings has agreed to sell the renewal rights of its U.S. specialty property business to Westfield Insurance of Ohio.This transaction includes Argo’s shared and layered...
Nov 10 2021 // Venbrook Group, an independent insurance distribution and services firm, has acquired Alpharetta Underwriters, a specialty managing general agent that offers excess and surplus coverage for the construction...
Nov 9 2021 // Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as it continues to expand, Carrier Management reported.With the agreement, the New...
Nov 9 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Pawson Insurance, a full-service retail insurance brokerage specializing in property/casualty and employee benefits solutions....
Nov 9 2021 // Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist Lloyd’s insurance broker Parker Norfolk & Partners Ltd.The deal signals Xenia’s...
Nov 8 2021 // Hub International Limited, a global insurance brokerage and financial services firm, has acquired the assets of Thibeaux Insurance Group, LLC. Terms of the transaction were not disclosed. Located in Lafayette, Louisiana,...
Nov 8 2021 // Compre, the London-based specialist legacy group, announced the completion of its acquisition of a US$417 million legacy liability portfolio of SiriusPoint Ltd., having received all necessary regulatory approvals.The...
Nov 8 2021 // Marsh McLennan Agency, a subsidiary of Marsh, one of the largest insurance brokers in the world, has acquired Pelnik Insurance, a North Carolina independent agency, the company announced. Pelnik, founded in 1994, offers...
Nov 5 2021 // Risk Strategies, a national specialty broker, announced it is expanding into South Carolina with the purchase of Mount Pleasant-based Hibbits Insurance agency. Hibbits, with offices around the state, will become part of...
Nov 5 2021 // Hub International, a global insurance brokerage and financial services firm, has acquired Rider Insurance Group, an agency based in Fort Myers, Florida. Rider provides personal lines and commercial insurance, including...
Nov 5 2021 // Hub International Limited has acquired the assets of Calculated Risk Advisors, LLC. Terms of the transaction were not disclosed. Chicago-based Calculated Risk Advisors is a boutique risk consulting firm and professional...
Nov 5 2021 // Subsidiaries of insurance agency partnership BRP Group have agreed to acquire substantially all of the assets of Wood Gutmann & Bogart Insurance Brokers and certain of its affiliates and related entities. Based in...
Nov 4 2021 // Smith Brothers Insurance, based in Glastonbury, Connecticut, has acquired Oxford Insurance Agency, an independent insurance agency in Oxford, Massachusetts. The transaction is effective November 1, 2021.The acquisition...
Nov 4 2021 // Acquisition of identity verification platform Finvera accelerates AgentSync’s goal of being the insurance industry’s most advanced producer management systemDENVER, CO, November 4, 2021 –– AgentSync, the...
Nov 4 2021 // AgentSync has acquired Finvera, a cloud identity passport for licensed brokers in San Francisco, Calif.Cameron Nordholm, founder of Finvera, joins the AgentSync team as head of product. Terms of the deal were not...