2023 M&A News

World Insurance Acquires The Mogil Organization of New York City

World Insurance Associates announced that it acquired the business of The Mogil Organization LLC of New York, New York. Terms of the transaction were not disclosed. Since 1957, Mogil has offered corporate and personal insurance to businesses and families. Mogil …

Howden Acquires 2 Swiss Brokers

Howden, the London-based insurance broker, announced it has expanded its offering in Switzerland with the acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born Consulting AG, which has been part of Howden Switzerland since …

World Insurance Acquires Business of B. R. Alexander in Boston

Insurance broker World Insurance Associates LLC reports it acquired the business of B. R. Alexander & Co., Inc. of Boston, Massachusetts on May 1, 2023. Terms of the transaction were not disclosed. B. R. Alexander was founded in 1937. The …

World Insurance Acquires Assets of Bryant Agency in Upstate New York

Insurance broker World Insurance Associates LLC announced that it acquired substantially all the insurance assets of Bryant Asset Protection, Inc. of Slingerlands, New York. Terms of the transaction were not disclosed. BAP was founded in 1951 by Charles Bryant, and …

Howden Acquires German Marine Broker Northern Lloyd

Howden, the London-based insurance broker, announced it has strengthened its marine offering in Europe with the acquisition of Bremen-based broker Northern Lloyd, one of the leading marine brokers in Northern Germany. The acquisition of Northern Lloyd reinforces Howden’s strategy to …

Insurance Broker CBIZ Buys Information Security Consultant Pivot Point

Cleveland-based insurance and financial advisory firm CBIZ, Inc. announced that it acquired information security consulting firm, Pivot Point Security, of Hamilton, New Jersey, effective June 1, 2023. Founded in 2001, PPS serves small and middle market businesses with certification and …

UK’s Ardonagh to Acquire Greek Reinsurance Broker SRS Group

The Ardonagh Group announced its expansion into Greece following its agreement to acquire a majority shareholding in SRS Group of Companies (SRS). Founded in 2019 and based in Athens, SRS’ businesses include a leading independent wholesale reinsurance broker and an …

Verisk Buys London-Based Morning Data, an End-to-End-Processing Supplier

Verisk, a leading global data analytics and technology provider, has acquired Morning Data, a supplier of state-of-the-art software to brokers and managing general agents (MGAs) in London and across the globe. The acquisition enables Verisk to enhance and expand its …

Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions

Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later this quarter, were not disclosed. Founded in 2010, …

Germany’s Talanx Buys Liberty Mutual’s Latin American Business for 1.38 Billion Euros

Germany’s Talanx said on Saturday it had acquired Liberty Mutual Insurance’s Latin America business for about 1.38 billion euros ($1.52 billion), through its subsidiary HDI International. “The acquisition encompasses Liberty’s retail business in Brazil, Chile, Colombia and Ecuador,” Talanx said, …