Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Illinois Gives Pie Approval to Acquire Western Select
Aug 25 2021 // Pie Carrier Holdings has received regulatory approval from the Illinois Department of Insurance to acquire Western Select Insurance Co. from a subsidiary of Premia Holdings Ltd. Terms of the deal were not disclosed. The...
Brown & Brown of Massachusetts to Acquire Berkshire Insurance Group
Aug 25 2021 // Berkshire Hills Bancorp Inc. and Brown & Brown Inc. announced the execution of a definitive agreement for the sale of the assets and operations of Berkshire Insurance Group, Inc. (BIG), a subsidiary of Berkshire Hills,...
Alera Group Acquires Sage Benefit Advisors in Colorado
Aug 25 2021 // Alera Group has acquired Sage Benefit Advisors in Colorado. Terms of the deal were not disclosed. Sage is a l health insurance agency that offers health insurance consulting and enrollment support for individuals, families...
Agency Partnership News Wrap-Up: Smart Choice, United Valley Insurance Services, Valley Insurance Agency Alliance, Keystone Insurers Group
Aug 24 2021 // Smart Choice Agents Program Smart Choice Agents Program, an agency network with over 8,700 independent agents and 100 carrier partners, reported that 631 agents were selected to join the partnership network during first...
Hub International Agrees to Buy Aviva Canada Unit, National Home Warranty Group
Aug 24 2021 // Hub International Ltd., the Chicago-based insurance broker, announced that it has signed a purchase agreement to acquire the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc. Terms...
Alliant Acquires Northern California-Based ASURA Risk
Aug 23 2021 // Alliant Insurance Services has acquired Northern California-based ASURA Risk in San Ramon, Calif. Kevin Kilty, principal with ASURA Risk, along with fellow principals Greg Miller and Jon Wheeler, and the entire ASURA team,...
Applied Sets Acquisition Completion of Alaska Timber Insurance Exchange
Aug 23 2021 // Applied Underwriters anticipates completing the acquisition of Alaska Timber Insurance Exchange as soon as the fourth quarter of 2021 as ATIE concludes its conversion from a reciprocal to a stock insurance company having...
Alera Group Acquires Third-Party Administrator Related Risk
Aug 23 2021 // Alera Group, an independent, national insurance and wealth management firm, acquired Related Risk, a third-party administrator (TPA) that helps insurance companies and employers generate new premiums and profits by...
Florida-Based King Insurance Acquires Robert Blakeley
Aug 20 2021 // King Insurance, a full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions, has acquired Robert Blakeley Insurance. Robert Blakeley, based in Leesburg,...
Goldman Sachs to Buy Asset Management Arm of Insurer NN Group for Nearly $2B
Aug 19 2021 // AMSTERDAM – Goldman Sachs said on Thursday it will buy Dutch insurer NN Group’s asset management arm for around 1.7 billion euros ($1.98 billion) in the biggest acquisition by the U.S. company since David Solomon...
J. Morey Acquires Aihara & Associates in California
Aug 18 2021 // The J. Morey Company Inc. Insurance Agents & Brokers acquired Aihara & Associates Insurance Services Inc. in Los Angeles, Calif. Terms of the deal, which is effective April 1, were not disclosed. Aihara &...
Aston Lark Ireland Acquires Dublin-Based Broker A.R. Brassington & Co.
Aug 17 2021 // Continuing its rapid pace of expansion, Aston Lark Ireland announced the acquisition of A.R. Brassington & Co. Ltd., a subsidiary of the ARB Group. Established in 1929 and based in Dublin, Brassington Insurance is one...
Insurtech Quotall Announces Strategic Partnership with Broker/Fintech Provider Acrisure
Aug 17 2021 // Insurtech ecosystem specialist Quotall announced it has entered into a strategic partnership with global insurance broker and fintech services provider, Acrisure. Under the partnership, Acrisure will provide insurance...
Hudson Structured Capital Management Buys Majority Stake in MGA Occam
Aug 17 2021 // Occam Underwriting, the London-based specialist lines managing general agency, announced that Hudson Structured Capital Management (HSCM) has recently acquired a majority stake in the company. HSCM, an asset manager...
Risk Strategies Acquires Florida Medical Malpractice Liability Firm Danna-Gracey
Aug 16 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Danna-Gracey, a specialist in medical malpractice insurance headquartered in Delray Beach, Florida. Terms of the deal were...
Hub International Acquires Assets of Kansas Agency, Dissinger Reed
Aug 16 2021 // Global insurance broker and financial services firm, Hub International Limited (Hub), acquired the assets of Dissinger Reed LLC (Dissinger Reed), located in Overland Park, Kansas. Terms of the transaction were not...
HSBC Buys AXA Singapore for $575M in Push to Fuel Expansion Across Southeast Asia
Aug 16 2021 // HSBC Holdings Plc agreed to buy AXA Singapore for $575 million in a push to build a global wealth hub in Singapore and fuel its expansion across Southeast Asia amid increasing tension in China. The acquisition will give...
Alera Group Acquires Risk Consulting Partners
Aug 13 2021 // Deerfield, Illinois-based Alera Group acquired Risk Consulting Partners (RCP), a firm that specializes in working with private equity firms and assessing risk exposures across all companies in their portfolios. With core...
European Commission Clears Vienna Insurance Acquisition of Aegon’s Businesses
Aug 13 2021 // The European Commission has granted competition law clearance for Vienna Insurance Group’s proposed acquisition of Aegon’s businesses in Central and Eastern Europe, according to the insurer. The acquisition by...
OneGroup Acquires Thomas Gregory Associates Insurance Brokers
Aug 13 2021 // Community Bank System Inc. acquired the assets of the New England-based Thomas Gregory Associates Insurance Brokers Inc. (TGA), a property/casualty broker specializing in the food and agribusiness industries. TGA’s...
