Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Marsh Completes Acquisition of Alexander Forbes’ Brokerage Business
Jan 5 2012 // Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies announced that it has completed its previously agreed acquisition of the brokerage business of South Africa’s Alexander Forbes. Marsh said the...
AIA in Washington Acquired by Hub
Jan 5 2012 // The assets of Pullman, Wash.-based Associated Independent Agencies Inc. (AIA) have been acquired by Headquartered in Chicago, Ill.-based Hub International Ltd (Hub). Terms of the deal were not disclosed. The AIA operation...
Willis Names Richardson Regional Partner In Northern California
Jan 5 2012 // Willis North America has named Jason Richardson as Regional Partner of Northern California. The appointment is effective immediately. Richardson will be based in San Francisco, Calif. Richardson will oversee Willis’...
Penn.-based Glatfelter Acquires Faith-Based and Senior Living Programs
Jan 4 2012 // Glatfelter Program Managers, a program business division of Glatfelter Insurance Group in York, Penn., acquired senior living and religious organizations programs from Bunker Hill Underwriters Agency in Houston. The senior...
Arthur J. Gallagher Acquires Capital Bauer Insurance in Albany, N.Y.
Jan 4 2012 // Itasca, Ill.-headquartered insurance brokerage giant Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency in Albany, N.Y. The companies did not disclose terms of the transaction. Founded in 1957, Capital...
Catlin Boosts Hijack, Kidnap, Ransom Services with Partnerships
Jan 4 2012 // Catlin Group Limited has formed partnerships with two specialist risk management consultancies to enhance its services to clients with hijack, kidnap, extortion and wrongful detention exposures. The Bermuda-based insurer...
Catlin Forms Partnership with Crisis Management Consulting Firms
Jan 4 2012 // Catlin Group Limited has formed a partnership with two specialist risk management consulting firms, which, it said, would “enhance the services it offers to clients with hijack, kidnap, extortion and wrongful...
UK’s Voyager Insurance Services Acquires Fresh Start Insurance
Jan 3 2012 // UK-based specialist broker Voyager Insurance Services Ltd, a member of the Somerville Group, which is focused on providing travel insurance to insurance brokers and third party intermediaries, has acquired the Fresh Start...
JLT Subsidiary Acquires Irish Broker FBD Insurance
Dec 30 2011 // JLT Insurance Brokers (Ireland) Ltd, a wholly owned subsidiary of the Jardine Lloyd Thompson Group plc, has acquired FBD Insurance Brokers Ltd, which is based in Ireland, from FBD Holdings plc. The bulletin also noted that...
BancInsure Partners with KnightBrook for Financial Institutions
Dec 29 2011 // BancInsure has partnered with KnightBrook Insurance Co. to provide coverage for financial institutions. The BancInsure Program will issue KnightBrook policies for its core products. “KnightBrook is an ideal partner...
ACE Acquires Ecuador General Insurer Rio Guayas
Dec 29 2011 // The ACE Group announced that it has acquired Rio Guayas Compania de Seguros y Reaseguros, a general insurance company in Ecuador that is owned by Banco de Guayaquil, for approximately US$55 million in cash. The insurer was...
Fidelity National Sells 85% of Personal Lines Business
Dec 28 2011 // Title insurance, mortgage and financial services provider Fidelity National Financial Inc. said it will sell an 85 percent interest in its personal lines business to WT Holdings Inc. of Memphis for approximately $119...
Genstar Capital Acquires Innovative Aftermarket Systems of Texas
Dec 26 2011 // San Francisco-based private equity firm Genstar Capital, LLC said it has acquired Innovative Aftermarket Systems, which underwrites and markets motor vehicle protection products and related services sold through franchised...
QBE to Acquire Puerto Rico-based Optima Insurance Group
Dec 22 2011 // The QBE Insurance Group announced that it has agreed to acquire Optima Insurance Group, an underwriting group in Puerto Rico that posted an estimated $100 million in gross written premium in 2011. QBE said the...
Arthur J. Gallagher Acquires Kahl Insurance of Colorado
Dec 21 2011 // Arthur J. Gallagher & Co. has acquired Kahl Insurance Services LLC in Englewood, Colo. Terms of the deal were not disclosed. Kahl Insurance is a retail property/casualty and risk management insurance brokerage focused...
York Risk Services Group Acquires Avizent
Dec 21 2011 // York Risk Services Group (York), a national provider of claims-management, specialized loss adjusting, insurance pool administration and other insurance services, has acquired Dublin, Ohio-based Avizent. The terms of the...
Beazley Confirms Interest in Acquiring Hardy Underwriting
Dec 21 2011 // In a brief statement, issued by its office in Dublin, Beazley plc confirmed that it is to undertake a strategic review of the business of Hardy Underwriting Bermuda Limited. The statement followed the announcement by the...
Tokio Marine to Buy Delphi Financial for $2.7 Billion
Dec 21 2011 // Tokio Marine said on Wednesday it will buy U.S. insurer Delphi Financial Group for $2.7 billion, the latest in a string of deals by Japan’s second-largest property-casualty insurer aimed at growing outside its mature...
Maine-based Workers’ Comp Insurer MEMIC Announces Acquisition
Dec 20 2011 // Workers’ compensation insurer The MEMIC Group acquired a Vermont-based insurer. The insurer also said it plans to expand its operations in Pennsylvania and New Jersey in 2012. MEMIC purchased Granite Manufacturers...
Starr Expands Offerings Through Acquisition
Dec 20 2011 // Starr International Co. has acquired Assist-Card International Holdings S.A. and expanded its offerings to include travel and emergency assistant services. Assist-Card provides these travel services to more than 7 million...
