Arthur J. Gallagher & Co.’s risk management services subsidiary, Gallagher Bassett Services Inc. (GB), has acquired Pleasantville, New York-based Terrier Claims Services Inc. (TCS) and its affiliate, MT Investigations LLC. Terms of the transaction were not disclosed. Founded in 1996, …
Risk Strategies, a Boston, Massachusetts-based national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions (SIS), expanding capabilities in its national student health practice. Founded in 2007 by President Paul Mayo, SIS offers specialty products and services …
Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in discussions regarding a strategic business combination.” However, the disappointed insurer said it will continue to seek opportunities for acquisitions. Chubb’s …
Element Risk Management has acquired Henderson Insurance of Harrisburg, Pennsylvania, and Our Legacy Insurance of Front Royal, Virginia. Henderson Insurance, founded by Jim Henderson in 1978, has served the central Pennsylvania community for more than 40 years. The Henderson staff …
CVC Capital Partners is nearing a deal to acquire National Bank of Greece SA’s insurance business after a years-long search for a buyer, people familiar with the matter said. The private equity firm could announce an agreement as soon as …
Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion). The deal values London-based Aviva’s Polish business at 2.7 billion euros, according to a statement from Aviva Friday. It’s subject …
MILAN – Italian insurer Generali has nudged up its bid for Aviva’s Polish arm, valuing the business at almost 2.5 billion euros ($3 billion), in a last-ditch effort to prevail over Dutch insurer NN, two sources familiar with the matter …
Towergate Insurance Brokers announced it has exchanged contracts to purchase the corporate retail book of business from AFL Insurance Brokers, which includes a team of 13. This deal comes on the heels of last week’s announcement that a team of …
MADRID – Spanish bank Bankinter said on Tuesday it cleared all regulatory hurdles to spin off its insurance unit Linea Directa and list its shares on the market in late April. Bankinter, which has secured the European Central Bank’s approval …
The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The Hartford for $23.24 billion. The Hartford said its board determined that entering into discussions regarding a strategic transaction “would not …
