Markel International, the specialist insurer, has completed its acquisition of EC Insurance Co. Ltd. (ECIC), having received approval from the Prudential Regulation Authority. Sevenoaks, England-based ECIC provides a wide range of insurance products for contractors and affinity groups across the …
Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement (RSA) with its lenders, Cerberus Business Finance, LLC and its affiliates, and TCW …
Bedrock Insurance Group Holdings LLC (BIGH), based in New York, has agreed to acquire Deerfield Insurance Holdings Inc. and its operating subsidiary Ashmere Insurance Co. (AIC), a workers’ compensation specialty insurance company. Founded in Fort Lauderdale, Fla. in 2016, AIC …
Cincinnati, Ohio-based Fifth Third Bancorp has closed on the acquisition of Epic Insurance Solutions Agency LLC, and Integrity HR. Don Thompson along with the other principals of Epic Insurance Solutions, Jason Rankin and John Neace will continue to lead the …
Aon Groep Nederland announced it has completed its acquisition of Unirobe Meeùs Group (UMG) from Aegon for €295 million (343.4 million). The acquisition encompasses the whole of Unirobe Meeùs Group, said Aon, noting that on completion Aon will be the …
U.S. health insurer Aetna Inc failed to provide any hints on reported merger talks with CVS Health Corp when discussing quarterly results on Tuesday and laid out obstacles to 2018 earnings growth, sending its shares lower. The company reported a …
PointeNorth Insurance Group, an independent insurance agency in the Southeast with local ownership, has acquired Benton & Parker Insurance Services, a commercial truck insurer headquartered in Georgia. The company also acquired Cord & Wilburn Insurance, a Woodstock, Georgia-based insurance firm. …
Global insurance broker Aon said it will acquire Henderson Insurance Broking Group, an independent UK-based insurance broker. Terms were not disclosed. Aon anticipates completing the acquisition in December. Henderson Insurance Broking Group is one of the UK’s largest independent brokers, …
Aetna Inc. gained in New York trading after the Wall Street Journal reported that CVS Health Corp. is in talks to buy the insurer for more than $66 billion. Aetna jumped 12 percent to $178.60, closing at a record high, …
The number of insurance agency mergers and acquisitions over the first nine months of the year rose from 350 in 2016 to 457 this year, OPTIS Partners’ new quarterly report reveals. There were 132 deals announced during the third quarter, …
