Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford
Dec 29 2021 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include...
Choice Financial Group Acquires New Hampshire’s Bernier Insurance Agency
Dec 29 2021 // Choice Financial Group announced acquired New Hampshire-based Bernier Insurance Agency, adding a presence in New England. Based in Rochester, New Hampshire, and led by President Troy Dillow, Bernier is a full-service...
Gallagher Acquires Five Points in Tennessee
Dec 28 2021 // Arthur J. Gallagher & Co. has acquired Franklin, Tennessee-based Five Points Benefits Solutions, an employee benefits provider, the company announced this month. Five Points, founded in 2011, serves clients in...
Federal Relief Funding Available in Five Arkansas Counties Following Tornadoes
Dec 27 2021 // President Joe Biden has declared a major disaster in Arkansas, making federal relief funding available in five north eastern counties hit by tornadoes that ripped through the Midwest and South this month. The declaration...
Canopius Completes Loss Portfolio Transfer Agreement With Legacy Acquirer Riverstone
Dec 27 2021 // Canopius Group, the London-based global specialty re/insurer, announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International. The agreement covers discontinued classes of business...
UK Broker Ardonagh to Acquire Portugal’s MDS Group
Dec 27 2021 // UK broker Ardonagh Group announced it has agreed to acquire Portuguese broker MDS Group. Headquartered in Porto, MDS has offices in Brazil, where it is the country’s largest independent broker, as well as Angola,...
Italian Judge Drops Case Against Unipol CEO Over Merger With Insurer Fondiaria
Dec 27 2021 // An Italian judge on Thursday dropped a case against the CEO of Unipol and six other people related to the 2013 merger between Italy’s second-largest insurer and smaller rival Fondiaria-SAI, a judicial document seen...
King Insurance Acquires Three More Agencies
Dec 27 2021 // King Insurance, a Florida-based insurance broker and employee benefits firm, has acquired three agencies in Florida and Georgia, bringing to 11 the number of acquisitions for the company this year. King, headquartered in...
World Insurance Associates Acquires Total Coverage Insurance in Texas
Dec 22 2021 // World Insurance Associates LLC has acquired Total Coverage Insurance of Irving, Texas. Terms of the transaction were not disclosed. TCI offers all-encompassing services to their customers. They provide commercial and...
Alera Group Acquires Ashbrook-Clevidence in California
Dec 22 2021 // Alera Group acquired Ashbrook-Clevidence Inc. in Santa Ana, California. The Ashbrook-Clevidence team will continue serving clients in its existing roles. Ashbrook-Clevidence provides employee benefits, property/casualty...
Butler & Messier Insurance Acquires Two Rhode Island Agencies
Dec 22 2021 // Butler & Messier Insurance recently acquired two Cranston, Rhode Island, insurance agencies to add to its expanding statewide footprint. Effective October 1, 2021, Butler & Messier successfully closed on the final...
Acrisure Acquires Parts of SUNZ Insurance Operations
Dec 22 2021 // Acrisure, a fintech company and insurance broker, has acquired the managing general agency and third-party administrator operations of Florida-based SUNZ Insurance, a workers’ compensation specialist, the company...
Title Insurer Stewart Acquires Midwest, Florida Title Firms
Dec 21 2021 // Stewart Information Services Corp. reported it has acquired firms in the Midwest and Florida as it continues to gain scale. Stewart has acquired Greater Illinois Title Co., which is headquartered in Chicago, and operates...
Global M&A Activity Shatters Records, Topping $5 Trillion in 2021
Dec 21 2021 // LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that was set nearly 15 years ago, as an abundance of capital and sky-high...
Arthur J. Gallagher Acquires Bradawn Insurance Services in California
Dec 20 2021 // Arthur J. Gallagher & Co. acquired Escondido, California-based Bradawn Insurance Services Inc. Dawna Gray and her associates will remain in their current location under the direction of Scott Gregory, head of...
The Hilb Group Acquires Charles Newman Co., Builds on New York Presence
Dec 20 2021 // The Hilb Group acquired Charles Newman Co. Insurance and Employee Benefits to its portfolio, adding to The Hilb Group’s growing presence in the New York metropolitan area. The transaction became effective December 1,...
Insurer Storebrand to Buy Norwegian Pensions Unit From Danske Bank for $221M
Dec 20 2021 // OSLO/COPENHAGEN – Insurer Storebrand has agreed to buy the Norwegian unit of Danish pension provider Danica from Danske Bank, the companies said on Monday. Norway’s Storebrand will pay 2.01 billion Norwegian crowns...
M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic
Dec 20 2021 // The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. Potential buyers take out...
Business Moves: PointeNorth Acquires AIE; United to Sell Personal Lines
Dec 17 2021 // PointeNorth Insurance Group, a regional agency, has acquired Alabama Insurance Exchange, based in Birmingham, the company said in a news release. AIE is now part of the PointeNorth Alliance, which offers access to...
Hub Acquires Assets of JP Griffin in Arizona
Dec 16 2021 // Hub International Ltd. acquired the assets of JP Griffin Companies LLC in Scottsdale, Arizona. Jeff Griffin, Founder and President of JP Griffin Group, and his team will join Hub Southwest. JP Griffin Group is a national...
