Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Venbrook Acquires Georgia E&S MGA
Nov 10 2021 // Venbrook Group, an independent insurance distribution and services firm, has acquired Alpharetta Underwriters, a specialty managing general agent that offers excess and surplus coverage for the construction...
Lemonade to Acquire Auto Insurer Metromile in Merger of Insurtechs
Nov 9 2021 // Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as it continues to expand, Carrier Management reported. With the agreement, the New...
Risk Strategies Acquires Connecticut’s Pawson Insurance
Nov 9 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Pawson Insurance, a full-service retail insurance brokerage specializing in property/casualty and employee benefits solutions....
Xenia Acquires Financial and Specialty Business of London Broker Parker Norfolk
Nov 9 2021 // Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist Lloyd’s insurance broker Parker Norfolk & Partners Ltd. The deal signals Xenia’s...
Hub Acquires Louisiana-Based Thibeaux Insurance Group
Nov 8 2021 // Hub International Limited, a global insurance brokerage and financial services firm, has acquired the assets of Thibeaux Insurance Group, LLC. Terms of the transaction were not disclosed. Located in Lafayette, Louisiana,...
Compre Completes Acquisition of SiriusPoint’s Legacy Liability Portfolio
Nov 8 2021 // Compre, the London-based specialist legacy group, announced the completion of its acquisition of a US$417 million legacy liability portfolio of SiriusPoint Ltd., having received all necessary regulatory approvals. The...
Marsh McLennan Buys Pelnik Insurance in NC
Nov 8 2021 // Marsh McLennan Agency, a subsidiary of Marsh, one of the largest insurance brokers in the world, has acquired Pelnik Insurance, a North Carolina independent agency, the company announced. Pelnik, founded in 1994, offers...
Risk Strategies Acquires South Carolina’s Hibbits Agency
Nov 5 2021 // Risk Strategies, a national specialty broker, announced it is expanding into South Carolina with the purchase of Mount Pleasant-based Hibbits Insurance agency. Hibbits, with offices around the state, will become part of...
Hub Acquires Florida’s Rider Insurance
Nov 5 2021 // Hub International, a global insurance brokerage and financial services firm, has acquired Rider Insurance Group, an agency based in Fort Myers, Florida. Rider provides personal lines and commercial insurance, including...
Hub International Limited Acquires Chicago-Based Calculated Risk Advisors
Nov 5 2021 // Hub International Limited has acquired the assets of Calculated Risk Advisors, LLC. Terms of the transaction were not disclosed. Chicago-based Calculated Risk Advisors is a boutique risk consulting firm and professional...
BRP Group to Acquire Wood Gutmann & Bogart Insurance Brokers
Nov 5 2021 // Subsidiaries of insurance agency partnership BRP Group have agreed to acquire substantially all of the assets of Wood Gutmann & Bogart Insurance Brokers and certain of its affiliates and related entities. Based in...
Smith Brothers Insurance Acquires Massachusetts’ Oxford Insurance Agency
Nov 4 2021 // Smith Brothers Insurance, based in Glastonbury, Connecticut, has acquired Oxford Insurance Agency, an independent insurance agency in Oxford, Massachusetts. The transaction is effective November 1, 2021. The acquisition...
AgentSync Acquires Finvera to Streamline Broker Identity and Licensing Management
Nov 4 2021 // Acquisition of identity verification platform Finvera accelerates AgentSync’s goal of being the insurance industry’s most advanced producer management system DENVER, CO, November 4, 2021 –– AgentSync, the...
AgentSync Acquires Broker ID Provider Finvera in California
Nov 4 2021 // AgentSync has acquired Finvera, a cloud identity passport for licensed brokers in San Francisco, Calif. Cameron Nordholm, founder of Finvera, joins the AgentSync team as head of product. Terms of the deal were not...
Marsh McLennan Acquires Texas-Based Southwest Truck Insurance Agency
Nov 3 2021 // Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Southwest Truck Insurance Agency, Inc., an independent agency in Irving, Texas. Terms of the acquisition were not disclosed. Founded in 1986, Southwest Truck...
Willis Towers Watson Agrees to Acquire Remaining 51% Stake in WTW India
Nov 3 2021 // Insurance broker Willis Towers Watson announced the signing of an agreement to acquire the remaining 51% shares from Anemone Holdings Private Ltd and Rohit Jain in Willis Towers Watson (WTW) India. WTW currently owns 49%...
Freeway Insurance Acquires Texas’ AutoPartners
Nov 3 2021 // Freeway Insurance, a division of Confie, has acquired Texas-based AutoPartners Insurance Agency, Inc, under the Freeway Insurance brand. As part of the acquisition, Freeway Insurance will retain AutoPartners Insurance...
Inszone Insurance Acquires Texas-Based Ratliff Insurance Agency
Nov 3 2021 // Inszone Insurance Services, a national provider of benefits, personal and commercial lines insurance, has acquired Ratliff Insurance Agency. The acquisition marks Inszone’s expansion into Texas. Founded by Paula...
Verisk Acquires Driver Data Company
Nov 3 2021 // Verisk Analytics, the global data analytics firm, has acquired North Carolina-based Data Driven Safety to expand its automobile insurance underwriting data business, Verisk announced. Data Driven Safety, founded in 2009...
Mount Logan Capital Completes Acquisition of Nebraska’s Ability
Nov 2 2021 // Mount Logan Capital Inc. has completed its previously announced acquisition of 100% of the equity of Omaha, Nebraska-based Ability Insurance Company for a purchase price of $20 million comprised of the issuance of an...
