Trending Mergers & Acquisitions Headlines
The most viewed headlines from our Mergers & Acquisitions Topic Page over the last 30 days.
#1 Marsh McLennan Agency Acquires Graham Company
Aug 2 2023 // Marsh McLennan Agency, a subsidiary of Marsh, announced Aug. 1 the acquisition of Graham Company, a leading risk management consultancy and one of the top independent insurance and employee benefits brokers in the...
#2 Brown & Brown to Acquire Wholesale Broker New England Excess Exchange
Jul 25 2023 // Florida-based global insurance broker Brown & Brown, Inc. has agreed to acquire Vermont-based wholesale broker New England Excess Exchange (NEEE). The acquisition will be through Bridge Specialty Group, the wholesale...
#3 Agency M&A Down 24% in First Half 2023: OPTIS
Jul 26 2023 // Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions during the first half of the year was 359, down 24% from 475 during the same time last year. “The drop-off in...
#4 Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank
Jul 18 2023 // Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors...
#5 Risk Strategies Acquires Castle Rock Capacity in New York
Jul 26 2023 // National specialty insurance broker Risk Strategies has acquired Castle Rock Capacity, a property/casualty insurance broker with a specialty in the construction, real estate and development industries. Headquartered in New...
#6 Reinsurance Broker, Augment, Launches With Access to $100M in Funding
Jul 17 2023 // Augment, a new Miami-headquartered reinsurance broker, announced its official launch with access of up to $100 million in funding from Altamont Capital Partners. Over the last decade, the global reinsurance market has been...
#7 Global Insurance M&A Drops Sharply in First Half 2023
Aug 11 2023 // Regulatory changes and a reduced appetite for insurtechs are driving down insurance carrier mergers and acquisitions (M&A), a new report has found. M&A were down 17% worldwide during the first half of 2023,...
#8 Car App Jerry in California Gets $110M in Funding, Adds Services
Aug 3 2023 // Smart-car app maker Jerry received an additional $110 million in equity and debt financing to add its services designed to enable vehicle owners “manage all things car.” The Palo Alto, California-based company...
#9 Arthur J. Gallagher Acquires Wigmore Insurance Agency in California
Aug 8 2023 // Arthur J. Gallagher & Co. acquired Costa Mesa, California-based Wigmore Insurance Agency Inc. Tim Wigmore and his team will remain in their current location under the direction of Scott Firestone, head of...
#10 Hub Acquires Edbrooke/Stelcner Associates in Florida
Jul 18 2023 // Global insurance broker Hub International Limited announced that it has acquired the assets of Edbrooke/Stelcner and Associates, Inc. in Coral Gables, Florida. Edbrooke/Stelcner is an employee benefits brokerage and...
#11 Tokio Marine HCC Acquires Mississippi-Based Medical Plan Administrator
Jul 19 2023 // Tokio Marine HCC today announced it has agree to acquire Gulf Guaranty Employee Benefit Services, Inc., a Jackson, Mississippi-based third-party administrator and managing general underwriter that designs, underwrites and...
#12 Arthur J. Gallagher & Co. Acquires South Dakota’s Hagan
Jul 25 2023 // Arthur J. Gallagher & Co. announced the acquisition of Sioux Falls, South Dakota-based Hagan Insurance Group. Terms of the transaction were not disclosed. Hagan Insurance Group provides insurance member benefits and...
#13 PointeNorth Group Acquires Cooper Agency in Georgia
Jul 25 2023 // PointeNorth Insurance Group, one of the largest locally owned agencies in the Southeast, has acquired Cooper Insurance & Associates in McDonough, Georgia, the company announced. Cooper, founded in 1988, offers...
#14 ALKEME Acquires Paul Kinan Insurance Group in California
Jul 19 2023 // ALKEME acquired the Paul Kinan Insurance Group in Placentia, California. Paul Kinan Insurance group provides a variety of property/casualty insurance services to individuals, families and businesses. ALKEME is based in...
#15 Acturis Enters U.S. Market with Acquisition of Broker Buddha
Aug 4 2023 // After successful entries into the German, French and Canadian insurance markets, software-as-a-service firm Acturis Group has entered the U.S. market with the acquisition of Broker Buddha. Broker Buddha, based in New York...
#16 ALKEME Acquires Kansas’ Wiggins Farha, Ohio’s The Milestone Company
Jul 19 2023 // ALKEME recently acquired a pair of Midwestern agencies. ALKEME announced the acquisition of Wiggins Farha Insurance Group,a full-service insurance agency operating out of Wichita, Kansas. Wiggans Farha Insurance Group is...
#17 Valent Group Acquires Coastal Professional Insurance in Alabama
Aug 4 2023 // Birmingham-based Valent Group, an insurance brokerage and risk management firm, has acquired Coastal Professional Insurance Inc., an independent agency in Mobile, Alabama. Coastal, or CPI, has been in the business for...
#18 NFP Buys Hafetz & Associates in New Jersey
Aug 10 2023 // NFP, a property-casualty insurance broker, benefits consultant and retirement advisor, has acquired Hafetz & Associates, based in Linwood, New Jersey. Hafetz is a general agent specializing in health benefits, work...
#19 Howden’s DUAL Acquires Equestrian Specialist MGA David Ashby Underwriting
Aug 7 2023 // DUAL, the London-based managing general agent, announced the acquisition of David Ashby Underwriting Ltd. (DAU), an MGA that specializes in bloodstock and high value sports horse insurance. Financial details of the deal...
#20 Inszone Expands in Texas With Acquisition of Speck Insurance
Aug 9 2023 // Inszone Insurance Services, a national provider of benefits, personal, and commercial lines insurance, announced the acquisition of Speck Insurance and Financial Services. Terms were not disclosed. The acquisition includes...
