Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Renewable Energy Market Generating New Interest As Sector Grows, Need for New Talent, Funding and Industry Partners Emerges
Nov 21 2022 // As the renewable energy insurance market continues to grow, there are risk concerns including catastrophe exposures, inflation and supply chain challenges. The insurance industry is well aware of the risks and knows it...
King Insurance Buys up Tallahassee-Based Hunt Insurance Group
Nov 18 2022 // The still-expanding King Insurance, a brokerage, has acquired Tallahassee-based Hunt Insurance Group. Hunt, a specialty broker founded in 1945, advises housing authorities, prison systems and municipalities on risk...
Hilb Group Acquires Maryland’s Vinton Insurance Services
Nov 17 2022 // The Hilb Group announced that it has acquired Towson, Maryland-based Vinton Insurance Services, building on the company’s growing presence in the Mid-Atlantic region and further expanding its employee benefits...
Risk Strategies Acquires Texas’ Wallace Specialty
Nov 17 2022 // Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Wallace Specialty Insurance Group. Terms of the deal were not disclosed. Based just outside of Dallas in...
NFP Acquires Philadelphia Staffing Firm Juno Search Partners
Nov 17 2022 // Insurance broker NFP reports it has acquired Juno Search Partners, a Philadelphia-based search and staffing firm. Juno specializes in contingent search, contractor placement, executive search and custom talent for...
NFP Acquires Dublin-Based Life & Health Adviser, Tailored Finance Ltd.
Nov 17 2022 // NFP, the New York City-based property/casualty insurance broker and consultant, announced the acquisition of Dublin-based health and life insurance adviser, Tailored Finance Ltd. This is NFP’s first...
PCF Insurance Acquires Wisconsin’s Milz Health
Nov 16 2022 // PCF Insurance Services has acquired Milwaukee-based Milz Health Group, a full-service health insurance agency providing coverage to Wisconsin Medicare-eligible individuals and coverage through the Affordable Care Act. Milz...
Relation Insurance Buys Garrity Agency in Massachusetts
Nov 16 2022 // California-headquartered broker Relation Insurance Services reports it acquired the assets of Garrity Insurance in Cambridge, Massachusetts on Nov. 1. Serving Massachusetts individuals and businesses for more than 100...
Gallagher Acquires NC-based Intellectual Property Insurance Firm
Nov 15 2022 // The global insurance brokerage and consulting firm, Arthur J. Gallagher & Co., has acquired a North Carolina-based intellectual property insurance firm. PIUS, or Patent Insurance Underwriting Services, is considered a...
World Insurance Acquires JR Tallman in Massachusetts
Nov 15 2022 // World Insurance Associates reports that it acquired JR Tallman & Co. Inc. (JRT) of Taunton, Massachusetts on October 1, 2022. JR Tallman & Co. started out as the Sidney W. Williams Co. in 1839, providing fire...
Aon Buys Mexico’s ERN, Expanding Its LatAm Catastrophe Modeling Capabilities
Nov 14 2022 // Aon plc, the global professional services firm, expands its catastrophe modeling and consultancy capabilities in Latin America with the acquisition of ERN (Evaluación de Riesgos Naturales), a Mexico-based leader in risk...
Acrisure Buys New York Technology Services Firm Homefield IT
Nov 10 2022 // Insurance broker and real estate services firm Acrisure announced that it has acquired business technology firm Homefield IT, which will become part as part of Acrisure Cyber Services (ACS). Based in New York City,...
Novatae Risk Group Acquires MarketScout; Kerr Named CEO
Nov 10 2022 // Managing general agent Novatae Risk Group said it acquired fellow MGA, MarketScout Corp., on Nov 1. Terms of the transaction were not disclosed. Richard Kerr Richard Kerr, founder and CEO of Dallas-based MarketScout, was...
Chubb Agrees to Defend Basketball Hall of Fame Against Unlawful Funding Claims
Nov 10 2022 // The Basketball Hall of Fame has succeeded in getting Chubb subsidiary Federal Insurance Co. to defend it in a case accusing the museum of unlawfully securing funds for renovations to its facility. Documents filed in the...
Ambac Acquires New Jersey Commercial Auto MGU and Marine Broker
Nov 9 2022 // Financial services holding company Ambac Financial Group, Inc. announced that it has acquired majority stakes in both All Trans Risk Solutions, LLC and Capacity Marine Corp, both of Mahwah, New Jersey. All Trans is a...
Brown & Brown Dealer Services Buys Connecticut Auto Dealer F&I Firm
Nov 8 2022 // Brown & Brown Dealer Services has acquired Finance Builders, a Canton, Connecticut firm providing finance and insurance (F&I) products and sales support to auto dealers in Connecticut and Massachusetts. The Finance...
World Insurance Acquires CDR Group in Connecticut
Nov 8 2022 // National insurance broker World Insurance Associates reports that it acquired CDR Insurance Group, Inc. of Waterbury, Connecticut on October 1, 2022. CDR was founded in 1992 by Rick Rice. The agency provides commercial and...
Lloyd’s Broker Servca Acquires MedMal Specialist Medicas
Nov 8 2022 // Independent Lloyd’s retail broker Servca Group announced the acquisition of Medicas, an independent insurance specialist that offers a wide range of medical indemnity, medical malpractice and healthcare liability...
Online Startup Waada Buys Rival to Become Pakistan’s Largest Insurtech
Nov 7 2022 // Pakistani online insurance startup Waada acquired a local rival to create the South Asian nation’s largest player in the field, seeking to benefit from growth in the burgeoning market. The Karachi-based company took...
M&A Deals Makers & Deal Breakers
Nov 7 2022 // Why are some transactions or “deals” most likely to happen or not happen? There are a number of factors that come into play and those of us in the industry call them deal makers and deal breakers. Every deal...
