Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Eastern Insurance Acquires Burns Agency in Massachusetts
Aug 10 2022 // Eastern Insurance Group announced it has acquired the John T. Burns Insurance Agency in Newton, Massachusetts. Family-owned since 1892, Burns Insurance offers personal auto and home insurance from carriers including...
PCF Insurance Acquires A Insurance in Utah
Aug 10 2022 // PCF Insurance Services acquired A Insurance Agencies in Utah. A Insurance is a personal lines insurance provider specializing in life, home, auto, and business. The firm has offices in Syracuse, Kaysville, and...
Hilb Group Acquires Transportation Agency Lighthouse in Massachusetts
Aug 9 2022 // The Hilb Group reports that it has acquired Massachusetts-based Lighthouse Insurance Agency, further building on the company’s presence throughout New England. Based in the Dorchester neighborhood of Boston,...
Mitsui Sumitomo Insurance to Buy Reinsurance Broker Transverse for $400 Million
Aug 9 2022 // Mitsui Sumitomo Insurance Company, a subsidiary of Japan’s MS&AD Insurance Group Holdings, will spend about $400 million to buy U.S. reinsurance broker Transverse, the Nikkei business daily reported on...
Truist Buys Texas-based BenefitMall
Aug 9 2022 // Charlotte-based Truist Insurance Holdings, one of the largest insurance brokerages in the United States, has agreed to acquire BenefitMall, the country’s largest wholesale benefits general agency. Truist officials...
Arthur J. Gallagher & Co. Acquires Denver Agency in Colorado
Aug 9 2022 // Arthur J. Gallagher & Co. acquired Denver, Colorado-based Denver Agency. Denver Agency is a personal lines-focused insurance agency that specializes in serving high-net-worth and ultra-high-net-worth clients throughout...
Arthur J. Gallagher & Co. Acquires UK Risk Management Consultant, Another Day
Aug 8 2022 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, announced the acquisition of Another Day Ltd. Terms of the transaction were not disclosed. Founded in 2016, AnotherDay is a London-based risk...
Alera Group Acquires Georgia Agency
Aug 5 2022 // Alera Group, an independent P/C and benefits firm, has acquired Jowers-Sklar Insurance, a Georgia-based independent agency specializing in property and casualty insurance in the Southeast. The agency serves Floyd County,...
Hub Acquires Louisiana’s Bubrig
Aug 5 2022 // Hub International Limited announced that it has acquired the assets of Bubrig Insurance Agency, Ltd. Terms of the transaction were not disclosed. Located in Belle Chasse, Louisiana, Bubrig Insurance Agency is an...
PCF Acquires Professional Warranty Service of Virginia
Aug 5 2022 // Utah-based PCF Insurance Services (PCF) has acquired Professional Warranty Service Corp., a specialty insurance and home warranty company based in Chantilly, Virginia. Founded in 1995, PWSC provides risk management to the...
World Insurance Associates Acquires Consumers Choice Underwriters
Aug 5 2022 // World Insurance Associates announced its acquisitions of Consumers Choice Underwriters Inc. of Miramar, Florida, on June 1. Terms of the transaction were not disclosed. Consumers Choice writes property/casualty insurance...
UK Insurer Aviva Builds Private Client Business With Azur Acquisition
Aug 4 2022 // UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to acquire its high-net-worth personal lines business in the UK and Ireland. Financial details of...
EIS Acquires California-based Enterprise Business Solutions from Lemonade
Aug 4 2022 // EIS, a system and digital insurance platform provider, has acquired San Francisco, California-based Metromile’s Enterprise Business Solutions, a SaaS-based claims automation and fraud detection system from...
People Moves: Beazley Realigns to Bolster N.A. Commercial Property; Fusion Hires M&A VP From AXA XL; Promotions at Distinguished Programs
Aug 3 2022 // Beazley strengthens its North American Commercial Property offering Beazley said it restructured its large commercial property division along with its Canadian and E&S property teams to create a single North American...
Brown & Brown Completes Acquisition of Specialist Wholesale Broker BdB
Aug 3 2022 // Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced the completion of the previously announced acquisition of the general insurance operating companies of BdB Limited. Financial details of the...
Howden’s Aston Lark Ireland Acquires Sparrow Insurances
Aug 2 2022 // Aston Lark Ireland, the insurance broker that recently became part of Howden Broking Group, announced the acquisition of Sparrow Insurances Ltd. Financial details of the transaction were not disclosed. Sparrow Insurances...
Jensten Group Acquires UK MGA Origin UW
Aug 2 2022 // The Jensten Group, the London-based independent insurance broking group, has completed the acquisition of Origin UW Ltd., following regulatory approval. Origin UW is a boutique managing general agent that provides...
World Insurance Acquires New Jersey’s Coverage Specialists
Aug 2 2022 // Insurance brokerage World Insurance Associates reports that it has acquired Coverage Specialists, Inc. of Pompton Plains, New Jersey. Coverage Specialists is a 35-year-old family-owned agency founded in 2010 that provides...
Ardonagh’s Arachas Corporate Brokers to Acquire Glennon Insurances in Ireland
Aug 1 2022 // Arachas Corporate Brokers Ltd., a Dublin-based subsidiary of The Ardonagh Group, announced it has reached an agreement to acquire Ireland’s Frank Glennon Ltd., Frank Glennon (Life & Pensions) Ltd., and...
Liberty Mutual Insurance Acquires Malaysian Insurer AmGeneral
Aug 1 2022 // Liberty Mutual Insurance has completed the acquisition of Malaysian insurer AmGeneral Insurance Berhad, which is expected to make Liberty Mutual the country’s largest auto insurer. AmGeneral was previously 51%-owned...
