Mergers & Acquisitions
These charts present the second set of results from Business Insurances annual survey of agents and brokers; the first was published in July.
These charts present the second set of results from Business Insurances annual survey of agents and brokers; the first was published in July.
Arthur J. Gallagher & Co. has agreed to buy M&T Insurance Agency Inc., a nearly $40 million agency that is a subsidiary of M&T Bank Corp.
Arthur J. Gallagher & Co. has agreed to buy M&T Insurance Agency Inc., a nearly $40 million agency that is a subsidiary of M&T Bank Corp.
Boston-based One80 Intermediaries Inc. said Tuesday it has acquired wholesaler C&M First Services Inc.
Boston-based One80 Intermediaries Inc. said Tuesday it has acquired wholesaler C&M First Services Inc.
Acrisure Inc. said Monday it has acquired B2Z Insurance, a digital platform that places coverage for small businesses.
RB Jones, a unit of H.W. Kaufman Group, said Monday it has acquired Corvus Insurances Smart Cargo Insurance business.
Alliant Insurance Services Inc. said Monday that attorney James Chenoweth has joined its mergers and acquisitions group.
Managing general agency Fusion Specialty Insurance Pty Ltd. said Thursday it has introduced online mergers and acquisitions insurance in the U.S. for small and mid-size businesses.
Sedgwick Claims Management Services Inc. announced Thursday it has acquired Orchid Medical Inc., a provider of ancillary medical management solutions for the workers compensation industry.
Arthur J. Gallagher & Co. said Monday it has acquired Mokena, Illinois-based Hruska Insurancenter Inc., a retail property/casualty brokerage that specializes in coverage for the commercial real estate industry.
BRP Group Inc., the parent company of broker Baldwin Risk Partners LLC, reported first-quarter 2022 organic revenue growth of 16% and revenue for the quarter of $242.8 million, up 59% from first-quarter 2021.
Last year was the best year for directors and officers liability insurers premium, volume and direct profitability since 2014, with insurers push for moderate to substantial price hikes fueling top-line growth, says a report issued by A.M. Best Co. on Monday.
Professional Program Insurance Brokerage, a division of Specialty Program Group LLC, said Wednesday it has acquired Jones Birdsong LLP, a specialty brokerage focused on the motorsports and entertainment industries.
Willis Towers Watson LLC on Wednesday named Steven Reiss to lead the Northeast region for corporate risk & broking, North America, succeeding Mark Rusas, who will focus on leading the mergers and acquisitions practice within corporate risk & broking, North America.
Mergers and acquisitions involving U.S. and Canadian insurance agents and brokers fell to their lowest level since 2016 in the first quarter of 2022, with 123 announced deals among traditional agents and brokers, according to a report by Optis Partners LLC.
Mergers and acquisitions insurance buyers have seen exclusions added on policies since the invasion of Ukraine and the imposition of international sanctions on Russia and Belarus, but whether the conflict will affect insurance prices remains unclear.
Risk Strategies Co. said Thursday that it has acquired Advisor Brokerage Services LLC of Austin, Texas.
Higginbotham said Wednesday it has acquired Lyon Fry Cadden Insurance Agency Inc. in Mobile, Alabama.
Arthur J. Gallagher & Co. said Tuesday it has acquired Hinsdale, Illinois-based G.A. Mavon & Co. and its Mavco Insurance Agency Inc. subsidiary.
Managing general underwriter Victor Insurance Holdings Inc. said Tuesday it has acquired reinsurance managing general underwriter Regional Treaty Services Corp., based in Newport, Rhode Island.
AF Group, a Lansing, Michigan-based holding company whose affiliated brands provide specialty and workers compensation insurance, has agreed through its subsidiary Accident Fund Insurance Co. of America to buy AmeriTrust Group.