Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
White House Approves Disaster Funding for New Hampshire’s December Storm
Mar 20 2023 // President Joe Biden approved a federal disaster declaration for New Hampshire following damage caused by a severe storm and flooding that happened around Christmas, the Federal Emergency Management Agency said. Funding is...
IGI Completes Acquisition of Norway-Based MGA Energy Insurance Oslo
Mar 17 2023 // International General Insurance Holdings Ltd. announced the completion of the acquisition of Norway-based managing general agency Energy Insurance Oslo AS (EIO). The transaction included the acquisition of all outstanding...
Arthur J. Gallagher & Co. Buys UK Broker FE Protect
Mar 15 2023 // Arthur J. Gallagher & Co. announced the acquisition of UK-based AT Squared Holdings Ltd., operating as FE Protect. Terms of the transaction were not disclosed. FE Protect is an insurance broker specializing in the UK...
Ringleader Pleads Guilty to Scheme Using Stolen IDs to Buy Vehicles
Mar 15 2023 // A Massachusetts man described by authorities as the ringleader of a group that used stolen identities to buy multiple vehicles worth a total of more than $1.5 million has pleaded guilty to fraud and identity theft charges,...
Howden Acquires Liechtenstein-Based Broker
Mar 15 2023 // Howden, the London-based insurance broker, announced the acquisition of BWV Versicherungsbroker AG (BWV) in Liechtenstein. BWV is a market-leading independent broker with a portfolio of corporate and private clients, and...
Where Relationships Matter, Mergers Also Matter in Alabama
Mar 15 2023 // Less than eight months after two of Alabama’s oldest insurance agencies merged to create the Where Relationships Matter Group, the group has taken on another agency with offices in the southeast part of the...
Specialist Risk Group Acquires Mid-Market Commercial Broker Consort Insurance
Mar 14 2023 // Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of mid-market commercial broker Consort Insurance, subject to regulatory approval. Financial details of the deal were not...
ALKEME Acquires Texas’ NAPA Insurance Center
Mar 10 2023 // ALKEME announced the acquisition of the NAPA Insurance Center, an Austin, Texas- based insurance agency that provides health and P&C Insurance to NAPA’s independently owned Auto Part Stores and Auto Care Centers...
Burns & Wilcox Acquires Louisiana’s McIntyre & Associates
Mar 8 2023 // Burns & Wilcox has signed a definitive agreement to acquire McIntyre & Associates, a Ruston, Louisiana based managing general agent. The deal is expected to close early in Q2 2023.. Family owned for two...
UK Insurtech Azur Group Sells Tech Services Unit to Senior Managers, Creating New Firm
Mar 8 2023 // Azur Group, the UK-based insurtech, has agreed to sell its technology services business to its senior managers, backed by prominent angel investors. The new company will be called Azur Technology and will focus on the...
Hub Acquires Assets of Glacier Insurance in Montana
Mar 6 2023 // Hub International Ltd. acquired the assets of Glacier Insurance of Libby Inc. in Montana. Kevin Peck and Kim Peck, Owners, and the Glacier Insurance of Libby team will join Hub Mountain. Glacier Insurance is an independent...
Arthur J. Gallagher & Co. Acquires UK’s Bay Risk Services From Optio
Mar 6 2023 // Arthur J. Gallagher & Co. announced its reinsurance division Gallagher Re has acquired the business and assets of UK-based Bay Risk Services Ltd., a member of the Optio Group. Terms of the transaction were not...
A.J. Gallagher Buys Nashville Brokerage
Mar 6 2023 // Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, has acquired Nashville-based Anderson Benson, a retail insurance brokerage and risk management firm. Anderson Benson, founded in 2012, has...
Harford Mutual Insurance Group Announces Merger Plan with ClearPath Mutual
Mar 3 2023 // Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a monoline workers’ compensation carrier. “We are constantly seeking...
Jensten Group Completes Basil Fry and Bellegrove Acquisitions in UK
Mar 3 2023 // The Jensten Group has completed the acquisitions of Basil Fry & Company and Bellegrove, following final regulatory approval. Collectively the deals bring an additional 5000 clients, 80 staff and £40 million ($47.9...
Keyes Acquires Three Florida Firms
Mar 3 2023 // Keyes Coverage, a rapidly growing Florida insurance brokerage, has acquired three firms: Bill and Sheila Gaylor Insurance, based in Melbourne, Florida; My Florida Insurance Broker, in Vero Beach; and Brian Laudanno...
Hub Acquires Louisiana’s Dwight W. Andrus Insurance
Mar 2 2023 // Hub International Limited announced that it has acquired the assets of Dwight W. Andrus Insurance Inc., Dwight Andrus & Richard Insurance, Inc., and DAI Shreve, LLC (Dwight Andrus Insurance). Terms of the transaction...
Jensten Group Acquires UK’s Specialist Schemes Broker Darwin Clayton
Mar 1 2023 // The Jensten Group has announced its acquisition of the schemes broker, Darwin Clayton, for an undisclosed amount. The deal, which is subject to regulatory approval, brings 44 staff, 2,300 clients and more than £20 million...
Howden Buys Specialist Entertainment Broker Franz Gossler in Germany
Mar 1 2023 // Howden, the international insurance broker, announced an agreement to acquire Franz Gossler Insurance Group, one of the leading insurance brokers focusing on film and entertainment insurance in Germany and beyond. The...
Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022
Feb 28 2023 // The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year – the highest for a decade, according to law firm Clyde & Co’s insurance growth...
