Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Generali Buys U.S. Asset Manager Conning Under Deal With Cathay Life
Jul 7 2023 // Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan’s Cathay Financial Holding, the Italian insurer said on Thursday. The deal,...
Higginbotham Acquires Cress Insurance Group in New Mexico
Jul 7 2023 // Higginbotham has acquired Cress Insurance Group in Albuquerque, New Mexico. Higginbotham and Cress Insurance Group will come together to enhance service to the group’s 2,500 clients and serve a broader customer base...
A.J. Gallagher Acquires The Andersen Group in Virginia
Jul 6 2023 // Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations,...
Oakbridge Insurance Acquires JHA Risk Management in North Carolina
Jul 6 2023 // Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount,...
Gallagher’s Pen Underwriting Acquires Norwegian MGA Fender Marine AS
Jul 6 2023 // Arthur J. Gallagher & Co. announced that its UK-based specialist underwriting subsidiary Pen Underwriting has acquired Norwegian managing general agent (MGA) Fender Marine AS. Terms of the transaction were not...
BMS Group Acquires Australia’s Bluebook Insurance Brokers
Jul 5 2023 // BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire Brisbane-based specialty broker Bluebook Insurance Brokers. The deal is the sixth Australian acquisition by...
Risk Strategies Acquires Ohio’s First Insurance Group
Jul 3 2023 // Risk Strategies and Premier Financial Corporation announced that Risk Strategies has acquired Ohio-based First Insurance Group from Premier Financial Corp., (Nasdaq: PFC), a community banking and financial services holding...
Guy Carpenter Completes Acquisition of Re Solutions in Israel
Jul 3 2023 // Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction...
Definity’s McDougall Insurance Brokers to Acquire Canada’s Drayden Insurance
Jun 30 2023 // McDougall Insurance Brokers Ltd., the Belleville, Ontario-based subsidiary of Definity Financial Corp., announced it has entered into a definitive agreement to acquire 100% of Drayden Insurance Ltd. for C$208 million...
The New M&A Rules That Would Delay Million-Dollar Deals
Jun 29 2023 // The US antitrust agencies are requiring firms to turn over much more information about their transactions than before in an overhaul to merger rules that could delay deals by months. The revamp of the so-called...
HK-Based Virtual Insurer OneDegree Raises $27M in Fresh Funding Round
Jun 29 2023 // OneDegree Hong Kong Ltd., a virtual insurance firm, raised $27 million in a fresh funding round to fuel an Asia expansion and investments in artificial intelligence. The company attracted fresh cash from global financial...
NFP Acquires Presidio Financial Services in California
Jun 28 2023 // NFP acquired Presidio Financial Services Corp. in Westlake Village, California. Presidio is an independent insurance brokerage that provides products tailored for physicians, doctors, healthcare facilities and healthcare...
FIGA Sells Muni Bonds to Keep Up with Insolvent Insurer Claims
Jun 27 2023 // The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is the first time in...
World Insurance Acquires The Mogil Organization of New York City
Jun 23 2023 // World Insurance Associates announced that it acquired the business of The Mogil Organization LLC of New York, New York. Terms of the transaction were not disclosed. Since 1957, Mogil has offered corporate and personal...
Insurance Quantified Acquires Michigan’s Groundspeed Analytics
Jun 22 2023 // Insurance Quantified, a commercial P&C underwriting technology provider, announced it has acquired Ann Arbor, Michigan-based Groundspeed Analytics, an ingestion and data solutions provider for the commercial P&C...
Howden Acquires 2 Swiss Brokers
Jun 21 2023 // Howden, the London-based insurance broker, announced it has expanded its offering in Switzerland with the acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born...
World Insurance Acquires Business of B. R. Alexander in Boston
Jun 21 2023 // Insurance broker World Insurance Associates LLC reports it acquired the business of B. R. Alexander & Co., Inc. of Boston, Massachusetts on May 1, 2023. Terms of the transaction were not disclosed. B. R. Alexander was...
World Insurance Acquires Assets of Bryant Agency in Upstate New York
Jun 20 2023 // Insurance broker World Insurance Associates LLC announced that it acquired substantially all the insurance assets of Bryant Asset Protection, Inc. of Slingerlands, New York. Terms of the transaction were not disclosed. BAP...
Howden Acquires German Marine Broker Northern Lloyd
Jun 16 2023 // Howden, the London-based insurance broker, announced it has strengthened its marine offering in Europe with the acquisition of Bremen-based broker Northern Lloyd, one of the leading marine brokers in Northern Germany. The...
