Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Arthur J. Gallagher & Co. Acquires NEK Insurance in California
Dec 19 2022 // Arthur J. Gallagher & Co. acquired El Cerrito, California-based NEK Insurance Inc. Kevin Bruns, Jennifer Sylvestri, Kyle Peterson and their associates will be part of Gallagher’s San Francisco branch under the...
Kinsale Acquires Property in Richmond
Dec 16 2022 // Specialty insurance business Kinsale Capital Group, Inc. announced that it has acquired real estate property adjacent to its current headquarters in Richmond, Virginia for $76.2 million, through a wholly owned...
Ewing-Leavitt Acquires Stolte Insurance Agency in Colorado
Dec 16 2022 // Loveland, Colorado-based Ewing-Leavitt Insurance acquired Stolte Insurance Agency in Arvada, Colorado. Owner Rodger Bailey and his staff will join Ewing-Leavitt Insurance and Leavitt Group. For the time being, Stolte...
Higginbotham Acquires Texas’ TrueStar
Dec 15 2022 // Higginbotham has acquired TrustStar Insurance Services, Inc., an independent property/casualty insurance agency serving businesses and individuals in Universal City, Texas, TrustStar has provided commercial insurance for...
Evertree Acquires Illinois’ Gnade
Dec 15 2022 // Evertree Insurance, an omni-channel personal lines insurance distribution platform, has acquired Gnade Insurance Group. Gnade is located in Frankfort, Illinois. Gnade Insurance is a 27-person independent insurance agency...
Hub Acquires Georgia-based Chatham Insurance Partners
Dec 15 2022 // Hub International, one of the largest and still-growing insurance brokerages in the country, announced it has acquired Georgia-based Chatham Insurance Partners. Headquartered in Savannah, the Chatham agency was founded in...
Arthur J. Gallagher & Co. Acquires Aviation Insurance Australia
Dec 15 2022 // Arthur J. Gallagher & Co., the global insurance broker, announced the acquisition of Brisbane, Queensland-based Aviation Insurance Australia. Terms of the transaction were not disclosed. Founded in 1993, Aviation...
Jensten Group Acquires UK Specialist Broker Basil Fry & Co.
Dec 14 2022 // The Jensten Group, the London-based independent insurance broking group, has acquired specialist commercial broker Basil Fry & Co. for an undisclosed amount. The latest deal, which is subject to regulatory approval,...
Aston Lark Buys Commercial Direct Marine Trade Book From Navigators & General
Dec 14 2022 // Aston Lark, a Howden company, announced the acquisition of the commercial direct marine trade book from Navigators & General (N&G), part of Zurich UK, to expand its range of insurance products for the marine...
Abu Dhabi’s ADQ Leads Consortium to Buy Stake in Israel’s Phoenix Group
Dec 14 2022 // A consortium led by Abu Dhabi state holding firm ADQ are in advanced negotiations to acquire a controlling stake in Israeli financial firm Phoenix Group in a deal that values the company at around 9.2 billion shekels...
Risk Strategies Acquires Worldwide Assurance Agency in Miami
Dec 14 2022 // Risk Strategies, national specialty insurance brokerage and risk management firm, has acquired Miami-based Worldwide Assurance Inc., a retail life, health and benefits agency. Worldwide was founded in 2012 and has grown...
ALKEME Acquired Robert Bell Insurance Brokers in California
Dec 13 2022 // ALKEME acquired Robert Bell Insurance Brokers in Fallbrook, California. Robert Bell Insurance Brokers will continue to operate under its current brand. Robert Bell is an insurance agency that specializes in...
Career Certified Acquires Kansas-Based Licensing School A.D. Banker
Dec 13 2022 // Career Certified acquired A.D. Banker, a 43-year veteran provider of online education for Insurance (Pre-Licensing and Continuing Education) and Securities (Pre-Licensing). A.D. Banker provides a comprehensive offering for...
Network Merger: New Jersey Alliance’s 22 Agencies to Join Keystone Group
Dec 13 2022 // Keystone Insurers Group, the fourth largest insurance agency network, has agreed to merge New Jersey Agents Alliance (NJAA) into its nationally ranked network. Keystone said NJAA’s 22 owners/members unanimously...
Arthur J. Gallagher Acquires Minnesota-Based Mahowald
Dec 12 2022 // Arthur J. Gallagher & Co. announced the acquisition of St. Cloud, Minnesota-based Mahowald Insurance, LLC. Terms of the transaction were not disclosed. Founded in 1930, Mahowald is a retail insurance agency offering...
USI Acquires Indiana’s Ritman
Dec 12 2022 // USI Insurance Services announced the acquisition of Noblesville, Indiana-based Ritman & Associates Inc. (“Ritman”). Founded in 1989, Ritman specializes in the delivery of insurance solutions for lawyers and...
Ryan Specialty Agrees to Acquire Griffin Underwriting in Washington
Dec 12 2022 // Ryan Specialty signed a definitive agreement to acquire certain assets of Griffin Underwriting Services in Bellevue, Washington. The acquisition is expected to close in January 2023. Griffin Underwriting is a binding...
Jensten Acquires Specialist Motor Trade Broker Bellegrove
Dec 9 2022 // The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant presence across the UK motor trade and fleet insurance market. The...
Zurich Insurance Emerges as Front-Runner to Buy MetLife’s Malaysia Business
Dec 9 2022 // Zurich Insurance Group AG has emerged as the front-runner to buy a majority stake in the Malaysian insurance business of US insurer MetLife Inc. and Kuala Lumpur-listed AMMB Holdings Bhd., according to people with...
PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services
Dec 8 2022 // PCF Insurance Services (PCF) has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. Headquartered in Hoffman...
