All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Nov 1 2021 // Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership.On the last day of Generali’s...
Oct 29 2021 // Alera Group acquired Blue Communications in Hollywood, Calif.Blue Communications is a human resources consulting and communications agency specializing in internal communications, well-being program development, diversity,...
Oct 29 2021 // General Atlantic and local private equity firm Multiples Private Equity led a $225 million funding in Acko General Insurance, valuing the Indian online insurer at $1.1 billion.Existing investors including Canada Pension...
Oct 28 2021 // PARIS — The banking arm of French mail operator La Poste is planning to buy banking group BPCE’s stake in French insurer CNP, the companies said on Thursday, and then plans to make an offer to buy the rest of the...
Oct 27 2021 // Arthur J. Gallagher & Co. has acquired Homer Glen, Illinois-based The VanDyke Group, Inc. Terms of the transaction were not disclosed. Founded in 1984, The VanDyke Group offers employee benefits consulting and HR...
Oct 27 2021 // Peak6 InsurTech has signed an agreement to acquire Jacksonville-based We Insure Inc., an independent insurance franchise company that has been rapidly expanding in recent years.“Upon closing, our franchise owners...
Oct 27 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an all-lines brokerage focused on transportation-related industries. Terms of the deal were not...
Oct 27 2021 // NFP, a New York City-based insurance broker and consultant, has acquired UK-based KGJ Insurance Services Group Ltd.KGJ is a commercial insurance broker with specialization in combined risks for complex and non-standard...
Oct 27 2021 // London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid corporate sector.Led by Cyril Gallagher, Bainbridge Collins was established more than...
Oct 27 2021 // While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a relatively few startups.For example, in the second quarter, more than two-thirds of...
Oct 26 2021 // Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions and life insurance business to U.S. private equity company Bain Capital.LV=, founded...
Oct 26 2021 // IMA Financial Group is acquiring Washington-based Parker, Smith & Feek to expand its brokerage services in the Pacific Northwest, Alaska and Hawaii.The deal is effective Nov. 1. Terms were not disclosed. IMA’s...
Oct 25 2021 // Effective October 15, 2021, independent insurance agency Ensurise LLC announced its acquisition of the property/casualty insurance brokerage business of Gerczak Insurance Agency Inc. Founded in 2007 by Gary R. Gerczak,...
Oct 25 2021 // Direct-to-consumer DNA testing firm 23andMe Holding Co. said on Friday it would buy privately held company Lemonaid Health Inc. for $400 million in a cash-and-stock deal, as it looks to expand into telemedicine.Lemonaid...
Oct 22 2021 // The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout New England. The transaction became effective October 1, 2021. Agency principals...
Oct 21 2021 // Howden, the London-based insurance broker, announced the acquisition of Foram Brokerage Ltd., an independent re/insurance broker based in Hamilton, Bermuda.Financial terms of the transaction were not disclosed. Howden to...
Oct 21 2021 // BMS, the UK independent specialist insurance and reinsurance broker, announced the acquisition of Seoul-based insurance broker, Value-add Insurance Broker (VIB).Financial terms of the transaction were not disclosed. As...
Oct 20 2021 // Oli Insurance Services Inc. has acquired Rose City Associates in Portland, Ore.Pete Lackner and Bob Asher created Rose City Associates in 2012 through a merger of their respective agencies, and will continue to lead their...
Oct 20 2021 // Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in 2018 and its 24th in 2021 alone.Financial terms of the deal were not disclosed....
Oct 20 2021 // Global investment company JAB Holding Co. is acquiring a majority stake in UK pet insurer, Cardif Pinnacle.Cardif Pinnacle’s current parent company, BNP Paribas Cardif, will retain a significant minority interest in...