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Insurance Mergers & Acquisitions

 
April 22, 2022
 
 
 
 
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India Halves Fundraising Goal to $3.9B for Life Insurance Corp.'s IPO: Source

Apr 22, 2022 -- New Delhi is halving its fundraising goal for Life Insurance Corp. of India's IPO to 300 billion rupees ($3.9 billion), having had to cut...
 

Risk Strategies Acquires Texas' Advisor Brokerage Services

Apr 21, 2022 -- Risk Strategies has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS). Terms...
 

Hilb Group Acquires Vermont's Paige & Campbell and Taylor Palmer Agencies

Apr 21, 2022 -- National insurance agency The Hilb Group reports it has acquired Vermont-based Paige & Campbell, Inc., and its subsidiary the Taylor...
 

SIAA Acquires Rogue Risk, Expands Digital Footprint

Apr 21, 2022 -- SIAA (Strategic Insurance Agency Alliance) – the largest alliance of independent insurance agencies in the United States – said it...
 

Higginbotham Buys Lyon Fry Cadden in Alabama

Apr 20, 2022 -- Lyon Fry Cadden Insurance, one of the oldest property and casualty brokers in Alabama, is now part of Higginbotham, one of the largest...
 

Florida's Harbour Agency Joins Renaissance Alliance

Apr 20, 2022 -- Harbour Insurance Agency in Florida has joined Renaissance Alliance, a national network designed to help agencies grow revenue. Harbour,...
 

Arthur J. Gallagher Acquires Illinois' G.A. Mavon & Mavco

Apr 19, 2022 -- Arthur J. Gallagher & Co. announced the acquisition of Hinsdale, Illinois-based G.A. Mavon & Co. and its Mavco Insurance Agency,...
 

King Brokerage Acquires Ameriway in NE Florida

Apr 18, 2022 -- The King Insurance brokerage firm has acquired Ameriway Insurance Co., based in Fernandina Beach, Florida, the companies announced....
 

Relation Adds Yarborough Agency in South Carolina

Apr 15, 2022 -- Relation Insurance Services has continued its rapid expansion plan with the acquisition of South Carolina-based Ernie Yarborough...
 

After Suspending New HO Business, UPC Consolidates Subsidiaries

Apr 15, 2022 -- Four months after its largest subsidiary stopped writing new homeowner business in Florida, United Insurance Holdings Corp. announced it...
 

Relation Insurance Grows in East, Acquiring Ex-Nationwide Agency in Connecticut

Apr 14, 2022 -- California-based national agency Relation Insurance Services reports it has acquired the assets of Guilford, Connecticut-based...
 

Credit Agricole to Bid for Banco BPM's Insurance Units, in Competition With AXA

Apr 14, 2022 -- Credit Agricole SA intends to bid for Banco BPM SpA's insurance businesses after having bought a minority stake in Italy's third-largest...
 

One80 Acquires New York-Based Marine Wholesaler Seacoast Specialty

Apr 13, 2022 -- Boston-based specialty insurance broker One80 Intermediaries reported that it has acquired New York-based Seacoast Specialty...
 

Keystone Adds Texas' Boley-Featherson to Network

Apr 13, 2022 -- Keystone Insurance Group, a participant-owned insurance agency network, has named Wichita Falls, Texas-based Boley-Featherson to its...
 

Insurance Technology: Newfront Raises $200M; EvolutionIQ Brings In $21M

Apr 13, 2022 -- Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset...
 

Howden to Acquire UK-Based SPF Private Clients

Apr 13, 2022 -- Howden, the London-based international insurance broker, announced the signing of the acquisition of SPF Private Clients (SPF), subject...
 

Xenia Buys Majority Stake in Hong Kong's Capstone Insurance Brokers

Apr 13, 2022 -- Xenia Broking Group Ltd., the credit insurance and surety specialist broker, announced it has acquired a majority stake in Capstone...
 

Global MGU Victor Enters Reinsurance, Acquiring Rhode Island Firm RTSC

Apr 13, 2022 -- Victor, a global managing general underwriter (MGU), is expanding its underwriting capabilities into the reinsurance market. The firm...
 

World Insurance Expands in New Jersey with Acquisition of J. Stine Agency

Apr 13, 2022 -- World Insurance Associates has acquired J. Stine Agency, Inc. of Little Silver, New Jersey. Terms of the transaction were not disclosed....
 

Hub Acquires Evo Insurance Services in California

Apr 12, 2022 -- Hub International Ltd. acquired the assets of EVO Insurance Services Inc. in Chico, California. Shawn Blofsky, president & founder of...
 

Arthur J. Gallagher & Co. Acquires UK's Churchills International Consulting

Apr 12, 2022 -- Arthur J. Gallagher & Co. announced the acquisition of Nottingham, England-based Churchills International Consulting. Terms of the...
 

NFP Acquires Dublin-Based ReSure Corporate Brokers

Apr 12, 2022 -- NFP, the New York City-based property/casualty insurance broker and consultant, has acquired Irish-owned ReSure Corporate Brokers, a...
 

Hong Kong-Based Digital Assets' Insurer Weighs SPAC, Partners With Munich Re

Apr 12, 2022 -- OneDegree, a Hong Kong-based insurer of digital assets, has been approached by investment banks about going public through a blank-check...
 

AXA in Talks to Buy Majority Stake in Banco BPM's Insurance Units

Apr 12, 2022 -- AXA SA is in early-stage talks to buy a controlling stake in Banco BPM SpA's insurance businesses valued at about 1.5 billion euros ($1.6...
 

Thomas H. Lee Partners to Become Majority Shareholder of Carpe Data

Apr 11, 2022 -- Private equity firm Thomas H. Lee Partners (THL) today said it made a strategic growth investment in Carpe Data, a provider of data...
 

Societe Generale to Exit Russia With Sale of Stake in Rosbank and Insurance Units

Apr 11, 2022 -- Societe Generale said on Monday it had agreed to sell its stake in Rosbank and the Russian lender's insurance subsidiaries to Interros...
 

Relation Insurance Acquires BRK in Louisiana

Apr 8, 2022 -- Relation Insurance Services announced it acquired the assets of Louisiana-based BRK Insurance Group. Terms of the transaction were not...
 

ALKEME Acquires ERM Insurance Brokers in California

Apr 8, 2022 -- ALKEME acquired ERM Insurance Brokers in Santa Ana, California. ERM specializes in Hospitality, construction, cannabis, manufacturing,...
 

Hub International Buys Maryland Broker Marketing Management Associates

Apr 8, 2022 -- Global insurance broker Hub International has acquired the assets of Marketing Management Associates, Inc. of Landover, Maryland. Terms...
 
 
 
 
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