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.
Palisade Insurance Partners LLC said Thursday it is entering the specialty market for legal risks and named industry veteran John McNally as president.
Marsh LLC said Wednesday it has promoted Craig Schioppo to the newly created role of global head of transactional risk, Marsh Specialty, effective immediately.
Mosaic Insurance Holdings Ltd. said Tuesday it has partnered with Lloyds insurer Apollo Syndicate Management Ltd. to increase its capacity for transactional liability risks in North America to $50 million from $41 million.
Hub International Ltd. said Tuesday it has acquired JAG Investment Partners LLC, which does business as JAG Insurance Group LLC.
M&A insurance buyers have seen exclusions added to 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.
Hub International Ltd. said Monday it has acquired Chun-Ha Insurance Services Inc., a Garden Grove, California-based commercial, personal lines, and employee benefits agency that serves the Korean American community.
Crawford & Co. said Friday it has purchased Schaderegelingsburo R.P. van Dijk B.V., a personal injury loss adjusting company based in the Netherlands.
The U.S. Securities and Exchange Commission will propose limiting the legal protections that blank-check companies rely on to make bullish projections, Bloomberg News reported on Tuesday.
Commercial brokerage Higginbotham said Friday it has acquired Insurance & Risk Managers, a Brookhaven, Mississippi-based brokerage.
The Hilb Group said Thursday it has acquired Roseland, New Jersey-based E.B. Cohen Insurance and Risk Management.
Arthur J. Gallagher & Co. said Wednesday it has acquired Commercial Insurance Underwriters Inc., a Springfield, Missouri-based surplus lines agency.
Tokio Marine HCC International said Tuesday it is restructuring its transaction risk insurance division, separating its North American and international business into two units.
Acrisure LLC said Tuesday it has acquired international managing general agent Volante Global, a unit of Volante Capital Holdings (Bermuda) Ltd.
Warren Buffetts Berkshire Hathaway Inc. has struck an $11.6 billion deal to buy Alleghany Corp, the owner of reinsurer TransRe, just weeks after the 91-year-old billionaire bemoaned the lack of good investment opportunities.
Unison Risk Advisors, which was created through the merger of Oswald Cos. and Riggs, Counselman, Michaels & Downes Inc. in 2020, has secured a capital investment from Toronto-based private equity firm Peloton Capital Management Inc.