Latest Mergers & Acquisitions Headlines

All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.

UK Broker Aston Lark Acquires Client Book of Choice Benefits

Dec 6 2021 // Aston Lark, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced the acquisition of the client book of UK-based Choice Benefits Ltd.Financial details of the deal were...

Hub Acquires Assets of Alaska-Based Shattuck & Grummett

Dec 6 2021 // Hub International Ltd. acquired the assets of Shattuck & Grummett Insurance in Juneau, Alaska. John Grummett, Stacy Grummett, Rick Shattuck and Teresa Young, owners of Shattuck & Grummett Insurance, and the...

NFP Acquires Connecticut’s Insurance Provider Group

Dec 3 2021 // NFP, an insurance broker and consultant that provides property/casualty, corporate benefits, retirement and individual services, acquired the assets of Insurance Provider Group LLC (IPG). The transaction closed on October...

Sedgwick Acquires Belgian Engineering Consultancy ABESIM B.V.

Dec 3 2021 // Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, announced it has acquired ABESIM B.V. in Belgium.Financial details of the transaction were not disclosed. The acquisition...

The Hilb Group Acquires New Hampshire’s Clark & Lavey Benefits Solutions

Dec 3 2021 // The Hilb Group acquired Clark & Lavey Benefits Solutions Inc., increasing its New England presence and bolstering its range of employee benefits offerings nationwide. The transaction became effective November 1,...

Hub Acquires Texas’ Catto & Catto

Dec 2 2021 // Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired the assets of Catto & Catto, Inc. and Catto & Catto Benefits Group, LLC (collectively, Catto & Catto)....

World Insurance Associates Acquires New Jersey’s Coe-Brooke Insurance Agency

Dec 2 2021 // World Insurance Associates LLC (WIA) acquired Coe-Brooke Insurance Agency Inc. of Point Pleasant, New Jersey, on November 1, 2021. Terms of the transaction were not disclosed.Coe-Brooke Insurance Agency Inc. is a family...

Howden Acquires UK Specialist Broker Ross Insurance Group

Dec 2 2021 // Howden, the international re/insurance broker, announced it has acquired Ross Insurance Group, a commercial broker servicing corporate and technology clients, as it continues to invest in expertise for its UK business.Ross...

Arthur J. Gallagher & Co. Buys Australia’s Sound Insurance Services

Dec 2 2021 // Arthur J. Gallagher & Co. announced the acquisition of Caulfield, Victoria-based Sound Insurance Services in Australia.Terms of the transaction were not disclosed. Gallagher Completes $3.25B Purchase of Willis’...

Marsh McLennan Acquires Texas-Based Insource

Dec 1 2021 // Marsh McLennan Agency, a subsidiary of Marsh, has acquired InSource Insurance Group LLC, an independent agency in Texas. Terms of the acquisition were not disclosed. InSource Insurance Group was formed in 1986 to provide...

Ryan Specialty Acquires Crouse and Associates in California

Dec 1 2021 // Ryan Specialty Group acquired transportation specialist Crouse and Associates in San Francisco, California. The Crouse team is now a part of RT Specialty, the wholesale brokerage division of Ryan Specialty. Crouse has...

Risk Strategies Acquires New Jersey’s KRA Insurance Agency

Dec 1 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired full-service brokerage firm KRA Insurance Agency Inc. Included in the transaction is KRA’s wholly owned subsidiary, KRA...

High Street Acquires 27 Former Nationwide Agencies

Dec 1 2021 // Michigan-based High Street Insurance Partners reported it has acquired 27 former Nationwide exclusive insurance agencies in North Carolina, South Carolina, Pennsylvania, Tennessee and Maryland.The company said all of the...

Xenia Buys UK Trade Credit and Surety Broker, Peter Hill Credit & Financial Risks

Dec 1 2021 // The credit insurance and surety specialist, Xenia Broking Group, announced it has acquired Peter Hill Credit & Financial Risks Ltd., based in Northampton, England.Peter Hill is a leading specialist trade credit...

Howden Acquires Specialist Broker Expat Marine in Hong Kong

Dec 1 2021 // Howden, the international insurance broker, announced the acquisition of the assets of Expat Marine Ltd. (EML), a specialist insurance broker providing employee benefits and general insurance products and advice to clients...

The Liberty Company Insurance Brokers Acquires D.E.P. in California

Dec 1 2021 // The Liberty Company Insurance Brokers acquired D.E.P. Insurance Services Inc. in Huntington Beach, California.Terms of the deal were not disclosed. D.E.P. Insurance Services is owned by Don Phoenix, and has been in...

Zywave Acquires Insurance Distribution, Quoting Software Firm ClarionDoor

Nov 30 2021 // Milwaukee-based Insurance technology firm Zywave reports it has acquired Santa Barbara, Calif.-based ClarionDoor, a seller of insurance product distribution software for the property/casualty market.Zywave said...

Owners of Thai Insurer Syn Mun Kong Explore Sale of Majority Stake

Nov 30 2021 // The controlling shareholders of Thai insurer Syn Mun Kong Insurance Pcl are exploring the sale of a majority stake in the firm and have picked several strategic players to advance into the next round of bidding, according...

Definity Financial’s CEO Plots Acquisitions After Insurer’s Canadian IPO

Nov 29 2021 // Definity Financial Corp., the 150-year-old insurer that held its initial public offering [on Nov. 17], will look to use its newfound access to capital to expand through acquisitions, the firm’s top executive...

IncubEx, Led by Industry Veteran Eckert, Buys UK Insurtech Platform Insurwave

Nov 24 2021 // IncubEx Inc., a Chicago-based company that is chaired by industry veteran Neil Eckert and designs and develops new financial products in global environmental, climate risk and related commodity markets, announced the...