Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion
Jun 15 2023 // Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for €2.3 billion ($2.5 billion), as part of its plan to expand in non-life insurance. Liberty...
ALKEME Acquires Texas’ Daugherty Insurance Group
Jun 15 2023 // ALKEME announced the acquisition of the Daugherty Insurance Group, a Sugar Land, Texas- based full-service insurance agency. For over three decades, Daugherty Insurance Group has been focused on serving their loyal...
Core Specialty Forms Medical Stop Loss Division With Acquisition of Texas’ American National Group
Jun 13 2023 // Core Specialty Insurance Holdings, Inc., and its subsidiaries announced today that it will form a medical stop-loss division through the acquisition of the MGU/Stop-Loss business of American National Group. The acquisition...
Lawmakers in Montana, Louisiana Pass Bills to Require Disclosure of Litigation Funding
Jun 13 2023 // Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed...
Two More States Pass Bills to Require Disclosure of Litigation Funding
Jun 13 2023 // Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for similar rules in federal courts nationwide. Montana Gov. Greg Gianforte on May 2 signed...
Acrisure Acquires TEn, Will Go to Market as Eleven Network
Jun 9 2023 // Acrisure said it has acquired TEn Insurance Services Ltd. As part of the acquisition, TEn will go to market as Eleven Network. The deal is expected to close in the near term, pending FCA regulatory approvals. Terms were...
Hub Acquires Illinois-Based E-Insurance Services
Jun 7 2023 // Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced that it has acquired the assets of E-Insure Services, Inc. (EINSURANCE). EINSURANCE is a web-based,...
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits
Jun 7 2023 // A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may not be entitled to $80 million in insurance to cover settlements of shareholder lawsuits related to the merger...
Hub Acquires Ohio’s HORAN Associates
Jun 6 2023 // Hub International Limited announced that it has acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively HORAN Health). Terms of the transaction were not disclosed. With...
Ryan Specialty Acquires Texas’ Point6
Jun 6 2023 // Ryan Specialty announced it has signed a definitive agreement to acquire certain assets of Point6 Healthcare, LLC (“Point6”), a distributor of medical stop loss insurance, pharmacy solutions, and complex claims...
Ryan Specialty to Acquire ACE Benefit Partners in Idaho
Jun 6 2023 // Ryan Specialty signed a definitive agreement to acquire certain assets of ACE Benefit Partners Inc. in Eagle, Idaho. The acquisition is expected to close in July 2023. ACE Benefit Partners is a medical stop loss general...
Insurance Broker CBIZ Buys Information Security Consultant Pivot Point
Jun 6 2023 // Cleveland-based insurance and financial advisory firm CBIZ, Inc. announced that it acquired information security consulting firm, Pivot Point Security, of Hamilton, New Jersey, effective June 1, 2023. Founded in 2001, PPS...
Gallagher Keeps Expanding with HR Firm Acquisitions
Jun 2 2023 // Arthur J. Gallagher & Co. has acquired Nashville-based Bernard Benefits, an employee benefits brokerage serving clients in Tennessee, Indiana and Texas. Bernard, which focuses on small businesses, is a subsidiary of...
World Insurance Associates Acquires Michigan’s Morris Insurance Group
Jun 1 2023 // World Insurance Associates LLC announced that it acquired the business of Morris Insurance Group, Inc. of Clinton Township and Rochester, Michigan on April 1, 2023. Terms of the transaction were not disclosed. Morris was...
New Zealand Offers to Buy Out Owners of Cyclone, Flood-Damaged Homes
Jun 1 2023 // New Zealand’s government will help to buy out the owners of cyclone and flood-damaged houses in areas deemed susceptible to severe weather events, beginning a process of managed retreat in the face of climate...
UK’s Ardonagh to Acquire Greek Reinsurance Broker SRS Group
Jun 1 2023 // The Ardonagh Group announced its expansion into Greece following its agreement to acquire a majority shareholding in SRS Group of Companies (SRS). Founded in 2019 and based in Athens, SRS’ businesses include a...
Verisk Buys London-Based Morning Data, an End-to-End-Processing Supplier
May 30 2023 // Verisk, a leading global data analytics and technology provider, has acquired Morning Data, a supplier of state-of-the-art software to brokers and managing general agents (MGAs) in London and across the globe. The...
Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions
May 30 2023 // Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later...
