Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Wholesale Broker Socius Acquires New York’s Kelly Underwriting
Jan 19 2023 // San Francisco-based wholesale insurance brokerage Socius Insurance Services, Inc. has acquired the assets of Kelly Underwriting Services, a Farmingdale, New York based managing general underwriter. Led by Tom Nash, Kelly...
Gallagher Acquires Retail Broker First Ireland Risk Management in Dublin
Jan 18 2023 // Arthur J. Gallagher & Co. has acquired Dublin, Ireland-based First Ireland Risk Management Limited, a retail insurance broker offering commercial and personal insurance products as well as life and pension products...
Acrisure Acquires Affinity Brokers in Scotland
Jan 18 2023 // Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has acquired Affinity Brokers Limited, a commercial insurance broker based in Glasgow, Scotland. Founded in 2010 by Scott Meechan and...
Purmort & Martin Buys Lovinger Agency in Tampa
Jan 18 2023 // Purmort & Martin Insurance Agency, one of the oldest agencies in the Sarasota, Florida, area, is expanding with the acquisition of Tampa-based Lovinger Insurance. Lovinger is a property-casualty agency serving...
BMS Acquires Australian Specialist Austbrokers Coast to Coast
Jan 18 2023 // Global specialty insurance and reinsurance broker BMS reports it has acquired Austbrokers Coast to Coast (C2C), a specialist Australian corporate, business, and retail broker, effective 17 January. BMS is acquiring C2C in...
DOXA Acquires Indiana’s Bradshaw
Jan 17 2023 // DOXA Insurance Holdings is pleased to announce the acquisition of Bradshaw Insurance Group, Inc (BIG), a sixth-generation insurance agency. BIG is a Delphi, Indiana-based managing general agent (MGA) offering a full suite...
Evertree Acquires Michigan’s Provision
Jan 17 2023 // Evertree Insurance, an omni-channel property and casualty insurance distribution platform, acquired Provision Insurance Group, a Michigan-based independent insurance brokerage firm. “We are thrilled to welcome all 44...
Canada’s Westland Insurance Acquires Broker RiskTech From Excel
Jan 17 2023 // Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market...
Hub Acquires Michigan’s Grace & Porta Benefits
Jan 13 2023 // Hub International Limited (Hub) has acquired the assets of Grace & Porta Benefits, Inc. (Grace & Porta Benefits). Located in Brighton, Michigan, Grace & Porta Benefits is an independent agency specializing in...
Inszone Enters Michigan With Acquisition of Brinch
Jan 12 2023 // Inszone Insurance Services announced the acquisition of Brinch Agency Insurance. Brinch Agency Insurance was founded in 2001 by Chris and Kathy Brinch after managing a family-owned agency in Eastpointe for over 2 decades....
Inszone Acquires Texas’ Mattis Insurance Agency
Jan 12 2023 // Inszone Insurance Services announced the acquisition of Mattis Insurance Agency. Founded in 1998 by Derrick and Dalia Mattis, and located in Houston, Texas, Mattis Insurance Agency provides protection for hundreds of...
Texas Lawmakers to Consider TWIA Funding, ESG This Legislative Session
Jan 12 2023 // Texas lawmakers returned to Austin this week for the start of the 88th Legislature, which portends to be a relatively quiet legislative session for hearing property and casualty concerns. “I think insurance is...
France’s Verlingue Buys Broker Cabinet Depeyre and MGA Depeyre Solutions
Jan 12 2023 // French broker Verlingue, a subsidiary of Adelaïde Group and specialist in corporate protection, is continuing its external growth strategy with two new acquisitions that will consolidate its presence in the Grand Est...
Hilb Group Acquires Oak Ridge Surety Agency in Pennsylvania
Jan 12 2023 // The Hilb Group has acquired Oak Ridge Surety Agency in West Chester, Pennsylvania, which specializes in surety bond programs and commercial insurance. Martin Hellman and his team of insurance professionals will become part...
Arthur J. Gallagher Acquired John C. Breckenridge in California
Jan 12 2023 // Arthur J. Gallagher & Co. acquired Sacramento, California-based John C. Breckenridge Insurance Solutions Inc. John Breckenridge, Lisa Breckenridge and their team will remain in their current location under the...
Alera Group Acquires Insurance Benefits by Design in Colorado
Jan 11 2023 // Alera Group acquired Insurance Benefits by Design in Colorado. Insurance Benefits by Design offers insurance benefits for employers, individuals and families. IBBD is an affiliate of Sage Benefit Advisors, an Alera Group...
Specialty Program Group Buys Euclid Fiduciary
Jan 11 2023 // New Jersey-headquartered Specialty Program Group LLC (SPG) has acquired the assets of Euclid Specialty Managers, LLC, which does business as Euclid Fiduciary, from Euclid Insurance Services, Inc. Euclid Fiduciary, based in...
Inszone Insurance Acquires Vaught, Wright & Bond Insurance in California
Jan 11 2023 // Inszone Insurance Services acquired Vaught, Wright & Bond Insurance in Placerville, California. Vaught, Wright & Bond Insurance was originally founded in 1933 by Mance Vaught. They offered bonds in addition to...
Relation Acquires Napa Valley Insurance in California
Jan 10 2023 // Relation Insurance Services Inc. acquired the assets of Napa Valley Insurance in California. Co-owners Mike Hogin and Pam Hogin will continue running the offices as part of the Relation family of brands. Napa Valley...
Russia’s Flagship Oil Sells at Half Global Prices, Below G7 Imposed Cap
Jan 9 2023 // Russia’s flagship oil is selling at less than half international prices — and way below a Group of Seven imposed cap — following sanctions targeting the Kremlin’s revenue from petroleum sales. The...
