Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Plummer Acquires Nebraska’s Classic One
Mar 25 2024 // Plummer Insurance, Inc. announced the acquisition of Classic One Insurance from Riverstone Bank, effective March 15, 2024. Plummer Insurance was established in 1984 by Steve and Helen Plummer. The agency currently has nine...
FDIC Draft Proposal: Bank Mergers Above $100B Get Extra Scrutiny
Mar 21 2024 // Mergers that could result in banks with more than $100 billion in assets should expect heightened scrutiny from the U.S. Federal Deposit Insurance Corporation, according to draft guidance the agency released Thursday. The...
Risk Strategies Acquires North American Units of H.W. International
Mar 21 2024 // Global specialty brokerage Risk Strategies reported that it has acquired the U.S. and Canadian operating entities of global insurance holding company, H.W. International B.V. Based in New York City, Hugh Wood Inc. (U.S.)...
Alkeme Acquires New Jersey’s Wharton Lyon & Lyon Agency
Mar 20 2024 // California-based insurance broker Alkeme reported the acquisition of Wharton Lyon & Lyon, a retail insurance agency headquartered in Livingston, New Jersey. Founded in 1912, Wharton Lyon & Lyon is a...
UK’s Ardonagh to Acquire Independent Italian Insurance Broker Mediass
Mar 20 2024 // The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Mediass, an independent Italian insurance broker company. Financial details of the deal were not...
Tokio Marine Has $10 Billion for Potential Acquisitions: Executive
Mar 20 2024 // Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer’s expanding international business...
Brawner Acquires Missouri’s Armstrong
Mar 13 2024 // Brawner Insurance Agency recently acquired Armstrong Insurance, a four-year-old agency serving Northeast Missouri. Brawner Insurance owner Jared Brawner will continue to serve as president and hired Jake Bunker as Sales...
Brown & Brown Acquires Assets of Northeast Dealer Services Firm, DealerMax
Mar 13 2024 // Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax. DealerMax, founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves car dealer customers in...
Novatae Acquires UK-Based Broker Bretton Woods International
Mar 13 2024 // Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject to applicable regulatory approval and is expected to close before the end of...
Amynta Group Completes Acquisition of Canadian MGU, Sutton Special Risk
Mar 12 2024 // Amynta Group, the New York-based insurance services provider, announced the completion of the previously announced acquisition of Sutton Special Risk Inc., a managing general underwriter (MGU) of specialty insurance and...
Generali CEO Says Insurer Has Financial Strength for M&A Deals
Mar 12 2024 // Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according to Chief Executive Officer Philippe Donnet. “We are considering very...
HUB Acquires Assets of Bolds Risk & Insurance Services in California
Mar 12 2024 // Hub International Ltd. acquired the assets of Bolds Risk & Insurance Services in Larkspur, California. Ron Bolds, president of Bolds Risk, and the Bolds Risk team will join Hub Central and Northern California in the...
Towers Watson Again Denied Coverage for $90M Settlements Over 2016 Willis Merger
Mar 11 2024 // Towers Watson has been hit with another roadblock on its long and winding road to reach coverage for $90 million in settlements of two lawsuits related to its merger with broker Willis in 2016. A Virginia federal district...
Brown & Brown’s Lonmar Acquires Renewal Rights for Bloodstock Portfolio
Mar 7 2024 // Lonmar Global Risks, part of Bridge Specialty International, Brown & Brown Inc.’s International Wholesale and Specialty division, has acquired the renewal rights for a bloodstock portfolio from Norwich,...
North Risk Partners Acquires South Dakota’s McKinneyOlson
Mar 7 2024 // North Risk Partners, one of the largest independent insurance brokers and risk advisory firms in the Midwest, has acquired McKinneyOlson Insurance in Sioux Falls, South Dakota, effective February 1. With this new...
Hub Int’l Acquires Canada Employee Benefits Specialist Zavitz Insurance and Wealth
Mar 7 2024 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Zavitz Insurance and Wealth Inc. Terms of the transaction were not disclosed. Located in London, Ontario,...
Howden Acquires UK Sport and Entertainment Specialist Broker, Hencilla Canworth
Mar 6 2024 // Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker. Founded in 1981, based in Croydon, UK,...
Brown & Brown Acquires Texas’ Hillco Insurance
Mar 6 2024 // Brown & Brown announced that it has acquired the assets of Hillco Insurance. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive...
Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey
Mar 6 2024 // A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system. According to the results of a recent survey of 2,000...
Hub International Acquires Pair of Michigan Agencies
Mar 5 2024 // Hub International Limited, a global insurance brokerage and financial services firm, announced that it has acquired A.S. Arbury and Sons, Incorporated (Arbury Insurance Agency) and the assets of Michelle L. Everett, Inc....
