Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
April 16, 2021
 
 
 

Ex-Allianz CFO Wemmer Plans to Form SPAC to Target Insurance Deals

Apr 16, 2021 -- Dieter Wemmer, a veteran insurance executive who was chief financial officer at Allianz SE, is launching a blank-check company to target...
 

Zywave Acquires Risk Management Solutions Provider, Enquiron

Apr 16, 2021 -- Insurance technology provider Zywave announced the acquisition of Enquiron, the Boston-based provider of risk management and consultative...
 

The Hilb Group Acquires McCartha, Cobb & Associates of South Carolina

Apr 16, 2021 -- The Hilb Group, LLC has acquired South Carolina-based McCartha, Cobb & Associates, Inc. (MC). The transaction became effective on...
 

Applied Underwriters Finalizes Acquisition of UK MGA Concept Special Risks

Apr 15, 2021 -- Applied Underwriters, the Omaha, Neb.-headquartered insurer, announced it has completed the acquisition of UK managing general agent...
 

The Hilb Group Acquires Select Book of Business in New Jersey, New York

Apr 15, 2021 -- The Hilb Group LLC (THG) has acquired a select book of business of quick-serve restaurant clients with more than 100 locations in New...
 

Hub International Acquires Massachusetts' IBG Financial Partners

Apr 15, 2021 -- Hub International Limited, a full-service global insurance broker, has acquired IBG Financial Partners LLC. Terms of the transaction were...
 

Hallmark Financial Plans to Pursue IPO of Specialty Commercial Business

Apr 15, 2021 -- Hallmark Financial Services Inc., a property/casualty insurance company with three business segments – Specialty Commercial, Standard...
 

FRISS Acquires Ohio Commercial Insurance Data Manager, Terrene Labs

Apr 14, 2021 -- FRISS, a Netherlands-based provider of fraud, risk and compliance products and services for property/casualty insurance carriers, has...
 

The Hilb Group Acquires Maryland's Parallel Risk Advisors

Apr 14, 2021 -- The Hilb Group LLC (THG) has acquired Maryland-based Parallel Risk Advisors LLC. (PRA). The transaction became effective on January 1,...
 

Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers)

Apr 14, 2021 -- Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire...
 

EU Antitrust Regulators Extend Deadline to July 27 for Decision on Aon-Willis Deal

Apr 14, 2021 -- BRUSSELS – European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon's $30 billion bid for...
 

Aon's Concessions to EU May Not Be Enough to Close $30B Willis Deal: Sources

Apr 14, 2021 -- BRUSSELS – Insurance broker Aon's offer to sell assets in five EU countries and takeover target Willis Towers Watson's reinsurance arm...
 

Hub Acquires Assets of Wyoming Financial Insurance

Apr 14, 2021 -- Hub International Ltd. has acquired the assets of Wyoming Financial Insurance. Terms of the deal were not disclosed. Art Hansen,...
 

British Cyber Security Company Darktrace Plans $4 Billion London Listing

Apr 13, 2021 -- LONDON – Darktrace, the British cyber security firm backed by tech entrepreneur Mike Lynch, fired the gun on its $4 billion London...
 

Charles Taylor Acquires Indiana's Syndicate Claim Services

Apr 13, 2021 -- London-based Charles Taylor Adjusting, a provider of insurance services, claims solutions and technology platforms to the global...
 

NFP Acquires The Schuster Group, Expanding Capabilities in the Northeast

Apr 13, 2021 -- NFP, an insurance broker and consultant that provides property/casualty, corporate benefits, retirement and individual solutions, has...
 

Insurance Startup Clearcover Raises $200M, Creating Unicorn Valued at $1B: Reuters

Apr 13, 2021 -- Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed...
 

The Zebra Raises $150 Million to Expand Online Insurance Comparison Operations

Apr 13, 2021 -- Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building. "This...
 

SEC Throws Another Wrench into Wall Street's SPAC Machine

Apr 13, 2021 -- U.S. regulators are throwing another wrench into Wall Street's SPAC machine by cracking down on how accounting rules apply to a key...
 

China Forces Restructuring of Ant Group into Financial Holding Firm

Apr 13, 2021 -- BEIJING – China has imposed a sweeping restructuring on Jack Ma's Ant Group, the fintech conglomerate whose record $37 billion IPO was...
 

MS Amlin Acquiring International Transportation Marine Office in Arizona

Apr 13, 2021 -- MS Amlin is acquiring managing general agency International Transportation and Marine Office and its associated subsidiaries. Completion...
 

High Street Insurance Partners Expands in Northeast with Three Acquisitions

Apr 12, 2021 -- Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage...
 

Update: Aon Offers to Sell Assets to Gain EU Antitrust Approval for $30B Willis Bid

Apr 12, 2021 -- BRUSSELS – Insurance broker Aon has offered to sell assets in several EU countries and the reinsurance unit of takeover target Willis...
 

Chinese Insurtech Waterdrop Faces Regulatory Pushback on Planned IPO: Sources

Apr 12, 2021 -- SHANGHAI/HONG KONG – Chinese online insurance technology firm Waterdrop Inc. is receiving pushback from domestic regulators on its...
 

Watford Holdings Announces Purchase of French P/C Insurer Axeria IARD

Apr 12, 2021 -- Bermuda-headquartered Watford Holdings Ltd. has completed the purchase of Axeria IARD, a French property and casualty insurance company....
 

Amwins Forms National Employee Benefits General Agency

Apr 12, 2021 -- Three general agencies specializing in employee benefits – LISI, BrokerNet USA and Amwins Group Benefits Small Business – have come...
 
 
 
 
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