All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Sep 6 2021 // In virtually every independent insurance agent survey that I’ve ever seen, respondents overwhelmingly list “service” as one of the most important reasons clients do business with them. In fact, when you...
Sep 6 2021 // The merger and acquisition arena has never been this busy. All deals currently on the table and many more sellers now appearing or being thrown into this process want and need to close their transactions by...
Sep 2 2021 // Alliant Insurance Services acquired Vancouver, Wash.-based Biggs Insurance Services.Terms of the deal weren’t disclosed. Biggs and its team of nearly 60 insurance professionals will join Alliant and will continue...
Sep 2 2021 // Marsh McLennan Agency (MMA), the middle market agency subsidiary of Marsh, acquired of Vaaler Insurance Inc., one of the largest independent agencies in North Dakota.Terms of the acquisition were not disclosed. Vaaler is a...
Sep 2 2021 // Global insurance broker Aon said it has increased its stake in Aon India Insurance Brokers Pvt Ltd. from 49 percent to 100 percent, acquiring the remaining share from Catamaran Ventures. Aon acquired a 49% stake from...
Sep 1 2021 // ReSource Pro has acquired Insurance Licensing Services of America (ILSA), a Groesbeck, Texas-based firm that provides regulatory and compliance services to insurance organizations and professionals.By acquiring ILSA, New...
Sep 1 2021 // Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired Usay Group Ltd., one of the largest consumer personal medical insurance and protection insurance brokers in the UK.Financial...
Sep 1 2021 // Bermuda-based Arch Capital Group Ltd. has completed its acquisition of Australia’s Westpac Lenders Mortgage Insurance Limited (WLMI),With the transaction complete, Arch said it will combine the operations of WLMI...
Aug 31 2021 // National specialty insurance brokerage and risk management firm Risk Strategies announced it has acquired the assets of employee benefits specialty broker Benevestco, Inc., a Resource Sevens company. Terms of the deal were...
Aug 30 2021 // Align Financial Holdings, LLC (“Align”), a general agency and specialist program underwriting manager announced that it has acquired Atlanta-based NationsBuilders Insurance Services, Inc. (“NBIS”),...
Aug 30 2021 // OneDegree, a Hong Kong-based insurance technology company, raised $28 million in a new round of funding as the startup looks to expand in Asia.Sun Hung Kai & Co. and AEF Greater Bay Area Fund took part in the series B1...
Aug 27 2021 // Mergers and acquisitions (M&A) in the global insurance industry dropped 3% in the first half of 2021 with 197 completed deals worldwide, down from 206 in the second half of 2020, according to Clyde & Co.’s...
Aug 25 2021 // Insurance technology firm Guidewire Software said it has acquired HazardHub, an insurtech provider of property risk data to the property/casualty insurance industry for underwriting, marketing and claims.HazardHub’s...
Aug 25 2021 // Pie Carrier Holdings has received regulatory approval from the Illinois Department of Insurance to acquire Western Select Insurance Co. from a subsidiary of Premia Holdings Ltd.Terms of the deal were not disclosed. The...
Aug 25 2021 // Berkshire Hills Bancorp Inc. and Brown & Brown Inc. announced the execution of a definitive agreement for the sale of the assets and operations of Berkshire Insurance Group, Inc. (BIG), a subsidiary of Berkshire Hills,...
Aug 25 2021 // Alera Group has acquired Sage Benefit Advisors in Colorado. Terms of the deal were not disclosed. Sage is a l health insurance agency that offers health insurance consulting and enrollment support for individuals, families...
Aug 24 2021 // Smart Choice Agents Program, an agency network with over 8,700 independent agents and 100 carrier partners, reported that 631 agents were selected to join the partnership network during first half of 2021.Smart Choice also...
Aug 24 2021 // Hub International Ltd., the Chicago-based insurance broker, announced that it has signed a purchase agreement to acquire the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc.Terms...
Aug 23 2021 // Alliant Insurance Services has acquired Northern California-based ASURA Risk in San Ramon, Calif.Kevin Kilty, principal with ASURA Risk, along with fellow principals Greg Miller and Jon Wheeler, and the entire ASURA team,...
Aug 23 2021 // Applied Underwriters anticipates completing the acquisition of Alaska Timber Insurance Exchange as soon as the fourth quarter of 2021 as ATIE concludes its conversion from a reciprocal to a stock insurance company having...