2021 M&A News

Howden Acquires Norwegian Broker Aneco Forsikringsmegling AS

Howden, the London-based international insurance broker, announced the acquisition of Oslo-based retail broker Aneco Forsikringsmegling AS. Howden said the acquisition affirms its position as one of the leading non-marine insurance brokers in Norway, providing clients with greater choice and a …

MGA Occam Acquires Terrorism Specialist Beech Underwriting Agencies

Occam Underwriting, the London-based specialist lines focused managing general agency (MGA), announced it is acquiring Beech Underwriting Agencies Ltd., subject to UK regulatory approval. Beech Underwriting is an approved Lloyd’s coverholder, led by Geoff Stillwell. The company has been a …

Howden Acquires Belgian Insurance Broker Sarton & Associés

Howden, the London-based re/insurance broker, announced the acquisition of Belgian insurance broker, Sarton & Associés. Financial terms of the deal were not disclosed. As Howden Belgium’s first acquisition, it reinforces the broker’s plans to expand its retail operations across Belgium …

Jencap Group LLC to Acquire Assets of Russell Bond & Co.

Jencap Group LLC agreed to acquire the assets of Russell Bond & Co. (RB), a full-service specialty wholesale brokerage and managing general agency (MGA) firm. RB will operate under the auspices of the Jencap Specialty Insurance Services division. RB’s principal …

Chubb to Buy Some of Cigna’s Asia-Pacific Businesses for $5.8 Billion

U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75 billion in cash, both insurers said, marking the latest consolidation in Asia’s insurance sector. In …

German Insurtech Getsafe Raises Another $63M for Full Insurance License

Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash to fund its own insurance license by the end of 2021 and accelerate its European expansion. A number of new …

Hub International Acquires Quebec’s H.W. Hollinger (Canada)

Hub International Ltd., a Chicago-based insurance broker and financial services firm, announced it has acquired H.W. Hollinger (Canada) Inc. Terms of the transaction were not disclosed. Based in Montreal, Quebec, Canada, H.W. Hollinger is an independent insurance agency providing commercial …

Specialty Program Group Acquires Assets of CM&F Group

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for individuals and groups. CM&F, formerly Cotterell, Mitchell & Fifer, was founded …

Hub International Completes Purchase of Canada’s National Home Warranty Group

Hub International Ltd., a Chicago-based broker and financial services firm, announced it has completed the acquisition of the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc. Terms of the transaction were not disclosed. …

Coalition Acquires Digital Commercial Agency Attune

Coalition, a San Francisco-based cyber insurance and security company, has acquired Attune, a digital agency with a platform focused on commercial insurance. With the acquisition, Coalition maintains it will be the world’s largest commercial insurtech provider, with more than 130,000 …