Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
The Path to Growth for Smaller Agencies: Hire Producers Or Acquire Agencies?
Jul 18 2022 // I know a thing or two about helping agencies grow. In fact, I’ve helped hundreds of entrepreneurs create independent insurance agencies. From this experience, I’ve learned growth is a fairly straightforward...
M&A Advisory Announces Awards, Executive Appointments, and Expansion
Jul 15 2022 // Rockledge, FL., July 15, 2022. — Agency Brokerage Consultants, a premier M&A advisory serving the insurance brokerage industry, has been recognized again this year as a “Top Firm“ by M&A Source, an...
United Property & Casualty Says It Is Exploring Potential Sale or Merger
Jul 14 2022 // United Insurance Holdings Corp., parent company of one of Florida’s largest property insurers – and one that has seen heavy losses in the last two years – announced that its board of directors is now exploring a...
People Moves: Aon Adds 3 to M&A; Shing Heads AXA XL International Casualty; UIB Marine Welcomes Waller
Jul 14 2022 // Aon Adds 3 to M&A and Transaction Practice in the UK Global broker Aon has strengthened its Mergers & Acquisitions and Transaction Solutions team in the UK with the appointments of Sam Bridges, Tanya Hickson, and...
PCF Acquires Andreini & Company in California
Jul 13 2022 // PCF Insurance Services acquired Andreini & Company in San Mateo, California. Andreini & Company specializes in industry niches such as agriculture, aviation, transportation, oil & gas and equine mortality. The...
Specialty Program Group Acquires Entertainment/Sports Broker ESP in Massachusetts
Jul 13 2022 // New Jersey-headquartered Specialty Program Group (SPG) said it has acquired ESP Insurance Brokerage, a national insurance broker and program administrator for the sports, events and promotion marketing and entertainment...
People Moves: GCube Names Two in Underwriting; MS Amlin Adds Barnes to Marine; RiverStone Names M&A Head, Underwriter
Jul 13 2022 // GCube Names Shimal, Litterick to Underwriting Posts Renewable energy specialist GCube Underwriting, a member of the Tokio Marine HCC group of companies, has appointed two people to senior positions within the organisation....
BevCap Buys Dealer Risk, Expanding Captive Management Services
Jul 13 2022 // BevCap Management, an alternative risk and captive management firm, has acquired Florida-based Dealer Risk Services, a group captive insurance program. BevCap, which manages BevCap Captive Group, called it a vertical...
WTW Acquires Climate Risk Analytics Firm Butterwire
Jul 12 2022 // Insurance broker WTW reported its acquisition of Butterwire, a provider of data analytics, artificial intelligence and machine learning platforms. Based in Glasgow, Scotland, the financial analytics company will become a...
Acrisure Buys Naming Rights of Pittsburgh Steelers Home Field
Jul 12 2022 // Grand Rapids, Michigan-based fintech Acrisure has purchased the naming rights of the Pittsburgh Steelers’ home field, which will be known as Acrisure Stadium. No financial terms for the 15-year deal were announced....
Hub Acquires Louisiana’s Shaver-Robichaux Agency
Jul 8 2022 // Hub International Limited acquired the assets of Shaver-Robichaux Agency, Inc. (Shaver-Robichaux). Terms of the transaction were not disclosed. Located in Thibodaux and Raceland, Louisiana, Shaver-Robichaux is an...
Coalition Closes $250M in Series F Funding, Bringing Its Valuation to $5B
Jul 8 2022 // Coalition announced it has raised an additional $250 million to accelerate its growth, power international expansion and broaden the services it offers to help organizations manage digital risk. This funding round closed...
Miller Acquires Tokyo-Based Broker Lead Insurance Services
Jul 8 2022 // Miller, the independent specialist re/insurance broker, announced the acquisition of Lead Insurance Services Ltd. Lead is based in Tokyo, Japan, and the acquisition cements a longstanding relationship between the two...
One80 Acquires Ohio-Based SelmanCo
Jul 7 2022 // Boston-based specialty insurance broker One80 Intermediaries announced that it acquired Cleveland, Ohio-based SelmanCo, a third-party administrator and broker offering life, supplemental health and related products and...
Hub Acquires Wisconsin’s Compass Insurance Services
Jul 7 2022 // Hub International Limited acquired the assets of Compass Insurance Services, Inc. (Compass Insurance Services). Terms of the transaction were not disclosed. Headquartered in Kronenwetter, Wisconsin with seven additional...
Foster & Foster Acquires Bartel Associates in California
Jul 6 2022 // Foster & Foster Consulting Actuaries Inc. has completed its acquisition of California-based Bartel Associates LLC. Bartel’s core business is focused in performing Other Postemployment Benefits consulting. Bartel...
Facebook Asks Court for Old FTC Merger Documents in Antitrust Fight
Jul 6 2022 // Meta’s Facebook has asked a U.S. court for eight documents created by the U.S. Federal Trade Commission as part of their review of the company’s purchases of Instagram and WhatsApp, which the agency allowed to...
Ardonagh’s MGA Unit, Geo Underwriting, Acquires UK’s Lorega Holdings
Jul 6 2022 // Geo Underwriting, The Ardonagh Group’s MGA subsidiary, has completed the acquisition of the managing general agent Lorega Holdings Ltd. from Alcuin Capital Partners. Financial details of the transaction were not...
Marsh & McLennan Acquires Illinois’ CS Insurance Strategies
Jul 5 2022 // Marsh & McLennan Agency LLC acquired CS Insurance Strategies, full-service insurance broker based in Chicago. CS Insurance Strategies was founded in 2009 by Charles Smith, creating a minority-owned brokerage providing...
Arthur J. Gallagher Acquires Surety Associates of Southern California
Jul 5 2022 // Arthur J. Gallagher & Co. acquired La Mesa, Calif.-based Wrightman, Inc., doing business as Surety Associates of Southern California Insurance Services. Cyndi Beilman and her associates will continue to operate from...
