Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
First Online M&A Insurance Marketplace Launches in Australia
Jan 31 2022 // io.insure, the world’s first online mergers and acquisitions (M&A) insurance marketplace for small and medium-sized business (SME) transactions, announced it has launched in Australia. The io.insure marketplace...
Higginbotham Acquires J.M. Insurance in Tennessee
Jan 31 2022 // Higginbotham Insurance has added J.M. Insurance Agency to its family in Tennessee. J.M. is an independent broker of commercial and personal P&C insurance, bonds and employee benefits. The broker, which has grown...
Alera Group Acquires Cate-Russell Agency in Tennessee
Jan 28 2022 // Alera Group has acquired six agencies around the country, including Cate-Russell Insurance, an independent insurance agency in Maryville. Tennessee. Cates-Russell, which offers business, personal and benefits products, is...
Alera Group Acquires Texas’ Heritage Risk Management
Jan 28 2022 // Alera Group has acquired Heritage Risk Management, a Lubbock, Texas-based network of independent risk management agencies serving clients throughout Texas, Oklahoma, Colorado and New Mexico. Heritage Risk...
Kin Insurance, Omnichannel Pull Plug on SPAC Merger
Jan 27 2022 // Digital home insurance company Kin Insurance, Inc. and Omnichannel Acquisition Corp., a special purpose acquisition company, announced they have mutually agreed to terminate their plan to merge. The parties cited...
Relation Acquires Former Nationwide Agency, Hodge Ethridge, in South Carolina
Jan 27 2022 // Relation Insurance Services has continued its rapid-expansion plan with the purchase of South Carolina-based Hodge Ethridge Insurance and Financial Services, the company announced. The terms of the deal were not disclosed....
First Light Dives in With Marine N-Surance Acquisition
Jan 27 2022 // Marine N-Surance Brokers, a wholesaler and managing general agency in Longwood, Florida, has been acquired by First Light Program Managers, the firms announced. Marine was founded in 2002 by Paul Greenaway and has...
Generali to Raise Stake in Indian P/C Insurance Joint Venture to 74%
Jan 27 2022 // Generali has agreed to become the majority shareholder in both its property/casualty and life joint ventures in India. For the P/C business, Generali has agreed to acquire 25% of the shares of Future Generali India...
Alera Group Acquires Gales Agency in Michigan
Jan 27 2022 // Alera Group has acquired Gales Agency,Inc., an independent insurance agency providing a full line of insurance products including home, business, auto and life insurance policies to protect families. Gales Agency, Inc.,...
Relation Acquires Texas’ Davenport
Jan 26 2022 // Relation Insurance Services, Inc has acquired the assets of Wilson R Davenport & Associates LLC, headquartered in McAllen, Texas. Davenport provides employee benefits solutions to clients throughout South Texas. Wilson...
Element Risk Acquires Hoffman and L&B in Pennsylvania, Stoneburner-Carter in Virginia
Jan 25 2022 // Pennsylvania-based Element Risk Management has acquired two Pennsylvania insurance agencies and another in Virginia, The Pennsylvania agencies are W.S. Hoffman Insurance located in Phoenixville, and L&B Insurance and...
USI Acquires Texas’ D&H Risk Services
Jan 24 2022 // USI Insurance Services has acquired Longview, Texas-based D&H Risk Services LLC. Founded in 1936, D&H Risk Services is an independent risk management and employee benefits agency serving businesses and individuals...
Howden Acquires Italy’s Tower SpA
Jan 24 2022 // Howden, the London-based insurance broker, announced the acquisition of Tower SpA, a Vicenza, Italy-based specialist insurance broker and risk consulting company. This follows the acquisition of the highly regarded Andrea...
Ford Motor, ADT $105M Joint Venture Targets Vehicle Security Systems
Jan 24 2022 // Ford Motor Co. and ADT Inc. have launched a $105 million joint venture, Canopy, to develop and market in-vehicle security systems for commercial and retail customers, the companies said. The first standalone systems, due...
Allstate Buys Downtown Chicago Office Building After Selling Northbrook Campus
Jan 21 2022 // The Allstate Corp. has acquired an office building in downtown Chicago months after agreeing to sell most of its campus in Northbrook, Illinois. Allstate confirmed it purchased the property at 29 N. Wacker Drive in...
Relation Insurance Acquires Ginsberg Agency in New York
Jan 21 2022 // Relation Insurance Services, a national insurance agency based in California, has acquired the assets of New York-based Ginsberg Agency, the company announced Thursday. Terms of the deal were not disclosed. Ginsberg...
American Financial Buys Artificial Intelligence Company Verikai
Jan 21 2022 // American Financial Group (AFG) recently acquired Verikai Inc., a machine learning and artificial intelligence company that utilizes a predictive risk tool for assessing insurance risk. AFG said it paid approximately $120...
Alera Group Acquires Texas-Based Heritage Risk Management
Jan 20 2022 // Alera Group, a national insurance and wealth services firm, has acquired Amarillo, Texas-based Heritage Risk Management, a network of independent risk management agencies which serve clients throughout Texas, Oklahoma,...
Insurtech Reask Gets Funding to Deliver Next-Generation Natural Disaster Modeling
Jan 20 2022 // Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed funding round, led by Tencent, the global technology giant headquartered in China. The...
Freeway Acquires Can-Do & Showers Insurance Agency in Idaho
Jan 19 2022 // Freeway Insurance, a division of Confie, acquired Can-Do & Showers Insurance Agency in Idaho. The acquisition is the first for Freeway Insurance in Idaho, and the 150th by the company since 2008. As part of the...
