The most viewed headlines from our Mergers & Acquisitions Topic Page over the last 30 days.
Nov 8 2024 // Insurtech Hippo said it has sold a majority stake in First Connect Insurance Services, a digital platform for independent agents.The buyer is private equity fund Centana Growth Partners, who with Hippo shares Palo Alto,...
Nov 4 2024 // Insurance software-as-a-service provider Vertafore said it has acquired Surefyre, a submission and underwriting platform for managing general agencies and wholesalers.The deal’s financial terms were not disclosed....
Nov 12 2024 // Hub International Limited announced that it has acquired the assets of ANCO Insurance Managers, Inc. (ANCO Insurance). Terms of the transaction were not disclosed. Headquartered in Bryan, Texas with six additional offices,...
Nov 12 2024 // World Insurance Associates LLC (“World”), announced today that it acquired the business of five entities with locations across Louisiana and Texas on August 1, 2024. The agencies are The Firm of Louisiana...
Oct 31 2024 // The total of insurance agency mergers and acquisitions as of the end of September was down 10% from the same period in 2023, according to investment banking and financial consulting firm OPTIS Partners.OPTIS...
Nov 14 2024 // Intact Financial Corp., the Toronto-based property-casualty insurer, announce that it has acquired Jiffy Inc., Canada’s No. 1 home maintenance app.Through this acquisition, Jiffy will have the platform and...
Nov 5 2024 // Arthur J. Gallagher & Co. announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. (Peabody Insurance). Terms of the transaction were not disclosed. Peabody Insurance is a retail insurance...
Oct 30 2024 // A new US antitrust rule requiring companies to give the government more information on their mergers and acquisitions came with a surprise twist: The Federal Trade Commission passed it with a rare 5-0 vote.The...
Oct 31 2024 // InterWest Insurance Services acquired McDermott-Costa Insurance Brokers in San Leandro, California. John Johnson and Mike McDermott will remain in leadership roles. InterWest is headquartered in Sacramento. McDermott-Costa...
Nov 5 2024 // Hub International Ltd. acquired the retail insurance brokerage business of Western Growers Insurance Services in a move aimed at expanding Hub’s services in the agribusiness industry.WGIS has 10 offices located in...
Oct 29 2024 // Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a...
Oct 25 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of London-based Redington Ltd.Terms of the transaction were not disclosed. Redington is an investment consulting firm...
Nov 14 2024 // National broker World Insurance Associates reports that it acquired the business of United Counties Insurance Group of Old Bridge, New Jersey on August 1, 2024. Terms of the transaction were not disclosed.United Counties...
Nov 1 2024 // Property insurance managing general agent Delos Insurance Solutions said it has raised $9 million through a Series A funding round led by HSBC Asset Management and includes IA Capital Group, Blue Bear Capital and...
Nov 4 2024 // Renaissance acquired the agency network business of United Agents of Arizona. The transaction follows the network’s 2023 acquisition of Agency Partners Inc., which brought 54 new agencies in Alabama and Georgia into...
Nov 6 2024 // Arthur J. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., dba Statewide Commercial Insurance Brokers. Lana Matar and her team will remain in their current location under the...
Nov 13 2024 // North American specialty insurance brokerage Risk Strategies reports it has acquired Felsen Insurance Services, Inc., a New Jersey-based agency offering commercial and personal property/casualty insurance. Terms of the...
Nov 4 2024 // Monarch E&S Insurance Services (Monarch E&S), a division of Specialty Program Group LLC, announced its strategic acquisition of the assets of Professional Insurance Executives, Inc. (PIE), a leading contract...
Oct 29 2024 // North Carolina Gov. Roy Cooper approved more than $600 million worth of disaster relief funding last Friday for western North Carolina counties affected by Hurricane Helene after legislators passed the recovery bill the...
Nov 22 2024 // Global insurance broker NFP announced it has acquired certain assets of EBA Services LLC, which does business as AnchorGroup, an employee benefits brokerage and consultancy located in Skaneateles, New...