Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Alabama’s Starke Agency Acquires University Insurance in Auburn
Jan 16 2024 // Starke Agency, an insurance brokerage in Montgomery, Alabama, has acquired University Insurance Agency in Auburn, one of the oldest brokers in the city. The terms of the deal were not disclosed. Starke said in a news...
Riskonnect Acquires Ventiv Technology in Risk Management Deal
Jan 12 2024 // Riskonnect, a provider integrated risk management (IRM) solutions, said Thursday is acquired Ventiv Technology, a provider of risk, insurance and underwriting technology solutions. “The acquisition adds substantial...
Arthur J. Gallagher & Co. Acquires UK-Based MCMM Services Ltd.
Jan 11 2024 // Arthur J. Gallagher & Co. announced the acquisition of UK-based MCMM Services Ltd. (MCMM). Terms of the transaction were not disclosed. MCMM provides administrative and claims management services to members of...
Andreessen Horowitz Backs British Insurance Startup in $73M Funding Round
Jan 11 2024 // U.S. venture capital firm Andreessen Horowitz has backed London-based insurance startup Hyperexponential in a $73 million funding round, the insurance software company said on Thursday. Founded in 2017, Hyperexponential...
At the Intersection of Tech and Insurance: Exploring MGA Funding Then and Now
Jan 11 2024 // This post is part of a series sponsored by AgentSync. Just a few years ago, Managing General Agencies (MGAs) were an attractive investment option in the insurtech space. But market turmoil and emerging industry challenges...
Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M
Jan 10 2024 // Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108...
ALKEME Acquires Texas’ Flor Insurance Group
Jan 9 2024 // ALKEME, announced the acquisition of Flor Insurance Group, a multi-line independent insurance agency located in El Paso, Texas and serving the entire United States. Founded in 2010, Flor Insurance Group is focused on...
Oswald Companies Acquires Michigan’s Brieden Consulting Group
Jan 9 2024 // Oswald Companies announced it has acquired Brieden Consulting Group, an employee benefits agency based in Grosse Pointe, Michigan. The addition of Brieden strengthens Oswald’s existing Michigan presence, which is...
China Broker TIAN RUIXIANG Agrees to Buy Hong Kong’s Peak Consulting Services
Jan 8 2024 // TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a memorandum of understanding (MoU) to acquire Hong Kong insurance broker Peak...
Majesco Acquires Decision Research Corp. Insurance Software Business
Jan 8 2024 // Majesco, a cloud insurance software provider for the insurance business, announced it has acquired the Decision Research Corporation (DRC) business. DRC, based in Philadelphia-based, is an SaaS-based insurance software...
Gallagher Acquires German Specialty Broker Köberich Financial Lines
Jan 8 2024 // Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed. Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties &...
Johnson & Johnson Acquiring Mid Valley General Agency in Oregon
Jan 5 2024 // Johnson & Johnson Inc. will expand its footprint into Oregon, Idaho, Montana and Washington by acquiring the assets of Mid Valley General Agency LLC based in Salem, Oregon. Mid Valley is a family-owned managing general...
World Insurance Associates Acquires Illinois’ TW Group
Jan 4 2024 // World Insurance Associates LLC acquired the business of TW Group, Inc. of Westmont, Illinois on December 31, 2023. Terms of the transaction were not disclosed. TWG was founded in 1946 and provides insurance to individuals...
Gallatin Point Buys Majority Stake in American Family’s Florida Unit, Has National Plans
Jan 4 2024 // If you can make it in Florida, you can make it anywhere—especially if you have a billion dollars in capital. That may be the thinking behind a plan by Gallatin Point Capital to purchase a majority stake in Trusted...
Alliant Acquires Aldrich Benefits in Oregon
Jan 4 2024 // Alliant Insurance Services acquired Oregon-based employee benefits firm Aldrich Benefits LP, of a member of the Aldrich group of companies. The Aldrich companies will continue to provide financial, wealth, tax, and...
BMS Finalizes Acquisition of UAE’s Berns Brett Masaood, Rebranded as BMS Masaood
Jan 4 2024 // BMS, the London-based specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu...
Howden Acquires Norwegian Broker Arctic Insurance AS
Jan 4 2024 // Howden, the London-based insurance group, announced the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker. Financial details of the deal were not disclosed. This acquisition reflects...
Allianz Seeks to Buy Back Europe’s Biggest Old-School Bond
Jan 4 2024 // Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps the market for new issues early on this year. The Munich-based insurer priced a new €1...
Alliant Acquires PBC Employee Benefits Division in Oregon
Jan 3 2024 // Alliant Insurance Services acquired the employee benefits division of Eugene, Oregon-based PBC Insurance. The PBC employee benefits team will join Alliant and continue serving clients from its Eugene headquarters. PBC also...
Travelers Completes Acquisition of Corvus Insurance
Jan 3 2024 // The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter. The $435 million acquisition was first announced in November 2023, which...
