May 24, 2023
Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire Kentro Capital Ltd. in the UK. The transaction is expected to close in the fourth quarter of 2023, subject to certain closing …
May 17, 2023
Acrisure, the Grand Rapids, Mich.-based insurance broker and fintech specialist, announced it has signed an agreement to acquire one of Portugal’s leading insurance brokers, Universalis (trademark of Corpos – Corretora de Seguros, Lda). The transaction is under review by the …
May 17, 2023
Specialist Risk Group (SRG), the London-based insurance broker, has acquired TLO Risk Services, the professional risk specialist broker, which will play an integral role in the development of SRG’s professional lines capability. Financial details of the deal were not disclosed. …
May 16, 2023
Arthur J. Gallagher & Co. announced the acquisition of Perth, Western Australia-based Mavco Insurance Group. Terms of the transaction were not disclosed. Mavco is a general insurance broker and risk management firm serving corporate clients throughout Australia and internationally. Mavco’s …
May 16, 2023
FWD Group Holdings Ltd. is weighing a private funding round as the Asian insurer’s long-planned initial public offering is set to be delayed again amid weak market conditions, according to people familiar with the matter. Hong Kong billionaire Richard Li’s …
May 8, 2023
Lockton, the privately held insurance broker and consultancy, announced it has acquired THB Brazil from Amwins, the independent wholesale distributor of specialty insurance products in the U.S. Terms of the transaction were not disclosed. The combination of two leaders in …
May 4, 2023
Italy’s top insurer Generali said on Thursday it had agreed to sell its German specialized pension unit to Fosun-backed Frankfurter Leben as it seeks to improve profitability in the life business and free up capital. By selling Generali Deutschland Pensionskasse …
May 4, 2023
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, announced the acquisition of Switzerland-based AccurART. Terms of the transaction were not disclosed. AccurART is a specialist fine arts insurance broker for private collections, museums, galleries and fine arts …
May 4, 2023
Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of the managing general agent, The Medical Professional Liability Co. Ltd. (The MPLC), subject to regulatory approval. Financial terms of the deal were not disclosed. This latest acquisition is …
May 3, 2023
American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) from AIG. Under the terms of the transaction, AFG will pay AIG $240 million in cash …