Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Sirius Group Plans Nasdaq Listing After Merger with Easterly Acquisition
Jun 26 2018 // Sirius International Insurance Group, Ltd., the Bermuda-based re/insurer, plans to become a publicly listed company, trading on Nasdaq, after a planned merger with Easterly Acquisition Corp. Under the terms of the merger...
Partnering with Insurtech to Transform Rather Than Disrupt Insurance
Jun 26 2018 // The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change can seem disruptive,...
Alera Group Acquires Menath Insurance in Nevada
Jun 25 2018 // Alera Group has acquired Incline Village, Nev.-based Menath Insurance. Terms of the deal were not announced. Menath Insurance also has offices in Reno, and South Lake Tahoe, as well as in Susanville, Caif. Alera Group...
Marsh to Acquire Houston’s Wortham Insurance
Jun 25 2018 // Global insurance broker, Marsh, is acquiring Houston-based Wortham Insurance. Terms of the transaction, which is expected to close in the third quarter of 2018, were not disclosed. Founded in 1915, Wortham has more than...
Canada’s Western Financial Group Acquires Ontario Broker, Axion Insurance
Jun 25 2018 // Western Financial Group Inc. announced that it has acquired Axion Insurance Services Inc. of Ontario. The acquisition was completed on June 19, 2018 and will add 10 Ontario-based locations and approximately 60 insurance...
AXA Belgium Partners with Online Car Repair Platform Fixico
Jun 25 2018 // AXA, the Paris based insurance & asset management firm, and Fixico, a platform for cosmetic car repairs, after several months of joint testing, have just started to provide AXA’s customers in Belgium with an...
Arthur J. Gallagher Buys Marchetti, Robertson & Brickell Insurance and Bonding Agency
Jun 21 2018 // Illinois-based Arthur J. Gallagher & Co. has acquired Marchetti, Robertson & Brickell Insurance and Bonding Agency Inc., with offices in Ridgeland, Mississippi, and Kansas City, Missouri. Terms of the transaction...
Tokio Marine to Acquire Thai, Indonesian Operations of IAG for $390M
Jun 20 2018 // Tokio Marine Holdings Inc. announced on June 19 it has entered into a definitive agreement to acquire Thailand and Indonesia insurance businesses of Insurance Australia Group Ltd. (IAG) for approximately A$525 million...
Alera Group Acquires Kaercher Insurance in Nevada
Jun 19 2018 // Alera Group has acquired Las Vegas, Nev.-based Kaercher Insurance, which includes Kaercher Campbell, Kaercher Insurance Agency and Sundance Insurance. Terms of the deal were not disclosed. Kaercher Insurance offers...
Allianz’ CEO Seeks Big M&A – But He Doesn’t Want to Pay for It: Opinion
Jun 19 2018 // The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Oliver Baete is going to find it hard to have his cake and eat it. Three years into the job, and things...
Kaplansky Insurance Acquires Massachusetts’ Kelleher & Mackey Insurance Agency
Jun 19 2018 // Kaplansky Insurance, a Needham, Mass.-based, independent and locally owned agency, has acquired Kelleher & Mackey Insurance Agency (K&M) in Quincy, Mass. Following the acquisition, K&M will be merging into...
Missouri’s GM Peters Agency Joins Agency Partnership, CAA
Jun 19 2018 // Combined Agents of America (CAA) is expanding its presence in Missouri with the addition of GM Peters Agency, based in Liberty, Missouri. Current owners Shane Davolt and Peggy Marrs acquired the agency in 1999, however, GM...
Fujifilm Sues Xerox for Failed Merger, Citing Lack of ‘Shareholder Democracy’
Jun 19 2018 // Fujifilm Holdings Corp. sued Xerox Corp. on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed...
Risk Strategies Acquires Craford Benefit Consultants in California
Jun 18 2018 // Risk Strategies has acquired San Rafael, Calif.-based Craford Benefit Consultants. Terms of the deal were not disclosed. Craford is an employee consulting and benefits brokerage firm that also has offices in Portland, Ore....
How Agency Partnerships Help Agencies at a Crossroad
Jun 18 2018 // Even as they look back on several years of steady growth and success, many owners of independent insurance agencies now find themselves at a crossroad where they are pressed to make critical strategic decisions about the...
3 Reasons Your Clients Need to Buy Personal Umbrella
Jun 18 2018 // There are at least three reasons for an individual to buy a personal umbrella policy. To begin with, the primary policies otherwise available generally do not provide liability limits commensurate with the exposure such...
Big “I” Markets Partners with Coalition to Offer Cyber, Tech E&O Coverage
Jun 15 2018 // Big “I” Markets, the online market access system available exclusively to Big “I” members, has partnered with Coalition to offer its member agents access to cyber and technology errors &...
AssuredPartners Acquires Bell Insurance in Dallas
Jun 14 2018 // AssuredPartners Inc. has acquired Dallas-based Bell Insurance. Bell Insurance has delivered quality insurance products and services to individuals and businesses throughout Texas for over 30 years. The team of 23 will...
Investor Group Acquires Kansas City Insurance Compliance Services Firm
Jun 13 2018 // A group of investors that own Affinity Worldwide and National Real Estate Insurance Group (NREIG) and led by Tim Norris, has purchased First Consulting and Administration Inc., a Kansas City-based insurance compliance...
Arthur J. Gallagher & Co. Announces Acquisition of New York’s H.R. Keller & Co.
Jun 13 2018 // Arthur J. Gallagher & Co. has announced the acquisition of Buffalo, N.Y.-based H.R. Keller & Co. Inc. Terms of the transaction were not disclosed. H.R. Keller & Co. Inc.’s Eric Keller, Andrew Coric and...
