Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Brown & Brown to Acquire Wholesale Broker New England Excess Exchange
Jul 25 2023 // Florida-based global insurance broker Brown & Brown, Inc. has agreed to acquire Vermont-based wholesale broker New England Excess Exchange (NEEE). The acquisition will be through Bridge Specialty Group, the wholesale...
Howden Switzerland Acquires Specialist Aviation Broker Hudson Sky
Jul 24 2023 // Howden, the London based insurance group, announced it has acquired Hudson Sky International, a specialist aviation broker in Switzerland. This acquisition is part of Howden’s wider strategy to become a leader in its...
Direct Connection in California Acquires Education Provider FastrackCE
Jul 21 2023 // Direct Connection Advertising & Marketing in California acquired FastrackCE, a state-approved provider insurance continuing education courses. With the acquisition, Direct Connection will now service existing and...
Tokio Marine HCC Acquires Mississippi-Based Medical Plan Administrator
Jul 19 2023 // Tokio Marine HCC today announced it has agree to acquire Gulf Guaranty Employee Benefit Services, Inc., a Jackson, Mississippi-based third-party administrator and managing general underwriter that designs, underwrites and...
Digital Asset Insurer Evertas Acquires Bitsure, Crypto Mining Insurance Specialist
Jul 19 2023 // Evertas, the Chicago-based dedicated crypto insurance company, announced the acquisition of Bitsure, the world’s first insurer dedicated to coverage for crypto mining operations. Launched in 2021, Cape Town, South...
ALKEME Acquires Kansas’ Wiggins Farha, Ohio’s The Milestone Company
Jul 19 2023 // ALKEME recently acquired a pair of Midwestern agencies. ALKEME announced the acquisition of Wiggins Farha Insurance Group,a full-service insurance agency operating out of Wichita, Kansas. Wiggans Farha Insurance Group is...
ALKEME Acquires Paul Kinan Insurance Group in California
Jul 19 2023 // ALKEME acquired the Paul Kinan Insurance Group in Placentia, California. Paul Kinan Insurance group provides a variety of property/casualty insurance services to individuals, families and businesses. ALKEME is based in...
Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank
Jul 18 2023 // Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors...
Hub Acquires Edbrooke/Stelcner Associates in Florida
Jul 18 2023 // Global insurance broker Hub International Limited announced that it has acquired the assets of Edbrooke/Stelcner and Associates, Inc. in Coral Gables, Florida. Edbrooke/Stelcner is an employee benefits brokerage and...
Reinsurance Broker, Augment, Launches With Access to $100M in Funding
Jul 17 2023 // Augment, a new Miami-headquartered reinsurance broker, announced its official launch with access of up to $100 million in funding from Altamont Capital Partners. Over the last decade, the global reinsurance market has been...
Clear Group Acquires UK-Based MGA, One Commercial Specialty Ltd.
Jul 14 2023 // The Clear Group, the London-based independent broker, announced the acquisition of One Commercial Specialty Ltd., a speciality lines managing general agent. This represents the Clear Group’s second MGA deal and is a...
Nexus Underwriting Completes Acquisition of Evolve in California
Jul 14 2023 // Nexus Underwriting completed its acquisition of Evolve Cyber Insurance Services in California. Evolve is a cyber managing general agency. The company operates out of offices in California, New York, and Texas, and has more...
Arthur J. Gallagher Acquires Benchmark Commercial Insurance Services in California
Jul 13 2023 // Arthur J. Gallagher & Co. acquired Carlsbad, California-based Benchmark Commercial Insurance Services. Robert Cohen and his team will remain in their current location under the direction of Scott Firestone, head of...
World Insurance Acquires New Jersey Transportation Agency, Shield Insurance
Jul 13 2023 // Insurance broker World Insurance Associates said it acquired the business of Shield Insurance Services of Freehold, New Jersey on June 1, 2023. Shield specializes in commercial insurance to the transportation sector, with...
Marsh McLennan Acquires Illinois-Based Trideo Systems
Jul 12 2023 // -Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Arlington Heights, Illinois-based Trideo Systems, a risk management information system (RMIS) provider for health care organizations. Terms...
Verlingue Acquires Majority Stake in Italian Broker INSER, Advancing European Strategy
Jul 12 2023 // Verlingue has acquired a majority stake in the insurance broker INSER, in line with its Verlingue 2024 strategic plan to create a major European, family-owned, independent insurance broker. Financial details of the deal...
Conrade Insurance Group Announces Kansas Acquisitions
Jul 11 2023 // Newton, Kansas-based Conrade Insurance Group (CIG) announces three business acquisitions that have taken place in the first half of 2023, moves the company said expand the firm’s capabilities and strengthen their...
NSM Acquires Shield Commercial Insurance Services in California
Jul 11 2023 // NSM Insurance Group acquired Shield Commercial Insurance Services in Palm Desert, California. Shield specializes in insurance solutions for the general contractor and construction liability space. Shield is focused on...
Hub International Acquires Golden Corner Wealth Advisors in South Carolina
Jul 10 2023 // Hub International Ltd., a major insurance brokerage and financial services firm, has expanded its retirement consulting reach with the acquistion of Golden Corner Wealth Advisors in Seneca, South Carolina. Golden Corner,...
World Insurance Buys Schlegel & Schlegel Brokers on Cape Cod
Jul 7 2023 // Insurance broker World Insurance Associates announced that it acquired the business of Schlegel & Schlegel Insurance Brokers Inc. of West Yarmouth, Massachusetts on July 1, 2023. Schlegel & Schlegel has been...
