Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Element Risk Management Acquires Pennsylvania’s Ross Insurance
Mar 4 2022 // Element Risk Management has acquired Ross Insurance, a personal and commercial lines agency located in Lancaster, Pennsylvania. Terms of the transaction were not disclosed. Ross Insurance was founded in 1960 by Bill Ross...
$12.8M in Funding Authorized for Arizona Wildfire Recovery
Mar 4 2022 // The U.S. Department of Agriculture has agreed to provide $12.8 million in emergency funding to help parts of Arizona recover from three major wildfires in recent years, two members of the state’s congressional...
Truist Opens Insurance Services Unit with Close of Kensington Title Agency Acquisition
Mar 3 2022 // Insurance broker Truist Insurance Holdings, Inc. reports it has closed on the acquisition of Kensington Vanguard National Land Services (KV), a national title insurance agency. BridgeTrust Title Group, the company’s...
APCIA Joins Group Pushing for Reforms on Litigation Funding
Mar 3 2022 // A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding. The Consumers for Fair Legal Funding...
DARAG Acquires Guernsey Reinsurance Captive in Run-Off
Mar 3 2022 // DARAG Group, an international insurance and reinsurance group that specializes in the assumption of discontinued businesses, has acquired a Guernsey based reinsurance captive. DARAG said the sale of the captive, which has...
Acrisure Continues Global Expansion With Acquisition of Spain’s Summa Brokerage
Mar 3 2022 // Michigan, U.S.-based financial services and insurance brokerage firm Acrisure reports it has acquired a top insurance brokerage in Spain, Summa Insurance Brokerage. Since its founding in 2005, Summa has grown revenues to...
Counterpart Raises $30 Million in Series B Funding Round
Mar 1 2022 // Counterpart, the management liability insurtech, announced raising $30 million in Series B growth financing led by Vy Capital, a global technology investment company that has backed leading companies such as Coalition and...
Hub, Bold Penguin to Acquire Small-Business Digital Agency Insureon
Mar 1 2022 // Brokerage Hub International and insurtech Bold Penguin have agreed to acquire digital agency Insureon Holdings. Chicago-based Insureon calls itself the top independent marketplace for online delivery of small-business...
UK’s Howden to Acquire Major Italian Broker Assiteca
Mar 1 2022 // Global insurance intermediary Howden Group Holdings has agreed to acquire a major Italian insurance broker, Assiteca. Howden plans to acquire 86.965% of the outstanding share capital of Assiteca S.p.A. held by...
Aon Acquires Tyche Actuarial Platform to Expand Insurance Consulting
Mar 1 2022 // Global insurance and professional services firm Aon has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. Tyche develops customized risk and capital modelling software for actuaries,...
Brown & Brown Acquires Texas’ CrossCover
Feb 28 2022 // Brown & Brown, Inc. has entered into an agreement to acquire CrossCover Insurance Services. The transaction is expected to close before April 2022, subject to certain closing conditions. CrossCover provides E&S...
Riskonnect Acquires UK Risk Management Software Firm Sword GRC
Feb 28 2022 // Integrated risk management software provider Riskonnect reports it has acquired the Sword GRC, a UK-based software company that specializes in project and enterprise risk management products, from global technology firm...
Verisk Acquires Illinois’ Infutor
Feb 24 2022 // Verisk, the global data analytics provider, has acquired Infutor, a provider of identity resolution and consumer intelligence data. Verisk plans to integrate Infutor with Jornaya, which it acquired in 2020, to form Verisk...
Applied Underwriters to Buy Catlin Specialty From AXA XL
Feb 24 2022 // Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it will consolidate Catlin into the North American Casualty group of companies in a move...
Brazilian Hospital Chain Rede D’or Acquires Insurer SulAmerica for $2.6 Billion
Feb 24 2022 // Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal combining Brazil’s largest hospital network with one of the country’s major...
High Street Acquires Michigan’s The Craft Agency
Feb 23 2022 // High Street Insurance Partners has acquired The Craft Agency in Jackson, Michigan. The Craft Agency has been serving their clients for 100 years and provides comprehensive personal lines, commercial and life insurance...
Travelers Acquires Tech Assets of Insurtech Trōv for Personal Insurance
Feb 23 2022 // Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced this morning that The Travelers Companies will acquire its technology...
Aston Lark Ireland Buys Marine & General Insurances DAC
Feb 23 2022 // Aston Lark Ireland announced it has agreed terms to acquire Marine & General Insurances DAC. Terms of the deal, which is subject to regulatory approval, were not disclosed. Based in Dublin, Marine & General...
Maine Eyes Additional Funding to Fight ‘Forever Chemicals’
Feb 22 2022 // Maine lawmakers are going to consider more funding to fight “forever chemicals” as more farms discover contamination. Perfluoroalkyl and polyfluoroalkyl substances — known as PFAS — have been found in...
FTC Sues to Stop Merger of Rhode Island’s Two Biggest Hospital Firms
Feb 18 2022 // The U.S. Federal Trade Commission said on Thursday that it would file a lawsuit aimed at stopping the merger of Rhode Island’s two largest health care providers, Lifespan Corp. and Care New England Health System. The...
