Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
April 23, 2021
 
 
 

Insurity Completes Acquisition of Instec

Apr 23, 2021 -- Property/casualty insurance software firm Insurity has completed its acquisition of Instec, a cloud software maker for mid-size...
 

Alera Group Acquires New York's The Waterford Group

Apr 23, 2021 -- Alera Group, a financial services and risk management company, has acquired The Waterford Group, a Rochester, New York-based retirement...
 

The Hilb Group Acquires Clarus Benefits Group in Texas

Apr 22, 2021 -- The Hilb Group LLC (THG) has acquired Houston, Texas-based Clarus Benefits Group LLC (CBG). The transaction became effective on April 1,...
 

Hartford Rejected 3 Acquisition Offers From Chubb From $65 to $70 a Share

Apr 22, 2021 -- After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67...
 

Howden to Acquire Spain's Largest Independent Broker, ARTAI

Apr 22, 2021 -- Howden, the London-based insurance broker, has announced the acquisition of ARTAI, Spain's largest independent corporate insurance...
 

More Assertive SEC Smacks Down SPACs: Viewpoint

Apr 21, 2021 -- Investor Jeremy Grantham says special purpose acquisition companies, which raise money in an initial public offering and then find a...
 

Tech Provider FintechOS Raises US$60M to Fuel Global Expansion

Apr 21, 2021 -- FintechOS the London-based technology provider for insurers, banks and other financial services companies, announced it has raised US$60...
 

Canadian MGA GroupAssur Merges with Evolution Insurance

Apr 21, 2021 -- GroupAssur, a Canadian managing general agent (MGA), specializing in property/casualty insurance lines, announced it has merged with...
 

J.M. Wilson Acquires Wisconsin's Transcom General Agency

Apr 21, 2021 -- J.M. Wilson, a managing general agency headquartered in Portage, Michigan, with eight offices in the United States, has acquired Transcom...
 

Hungary's Surprise Veto of $1B Aegon Deal with Vienna Insurance Sparks Dutch Outcry

Apr 20, 2021 -- The Dutch government has raised concerns with Hungarian officials after a decision in Budapest to block the sale of Aegon NV's local unit...
 

Transportation Insurer Lancer to Merge Into Core Specialty

Apr 19, 2021 -- Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate...
 

Arthur J. Gallagher Invests in Broker ACE via Partnership with Dubai's MIG Group

Apr 19, 2021 -- Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has agreed to a strategic partnership with MIG...
 

China's Ant Eyes Options to Divest Founder's Stake as Beijing Pressure Grows: Sources

Apr 19, 2021 -- HONG KONG – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up...
 

Abry Partners Acquires Michigan's High Street Insurance Partners

Apr 16, 2021 -- Abry Partners (Abry), a Boston-based private equity firm, has acquired High Street Insurance Partners (HSIP), a full-service insurance...
 
 
 
 
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