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Insurance Mergers & Acquisitions

 
March 5, 2021
 
 
 
 
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Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities

Mar 5, 2021 -- The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the...
 

Higginbotham Enters Louisiana in Partnership with Insurance Broker, Knotts

Mar 5, 2021 -- Fort Worth, Texas-based independent insurance and financial services firm, Higginbotham, has partnered with Mike Knotts, an insurance...
 

Patriot Enters Ohio with Addition of Strategic Benefits of Cincinnati

Mar 5, 2021 -- Patriot Growth Insurance Services LLC (Patriot) has added Strategic Benefits of Cincinnati (SBC) to the Patriot platform. SBC is a...
 

Update: CoStar Group Withdraws Bid to Buy CoreLogic

Mar 4, 2021 -- Commercial real estate information provider CoStar Group said it had withdrawn its bid to buy CoreLogic after the U.S. property analytics...
 

Hub Acquires Assets of Ohio's Benefit Strategies Agency

Mar 4, 2021 -- Chicago-based global insurance brokerage, Hub International Limited (Hub), has acquired the assets of Benefit Strategies Agency LLC and...
 

CoreLogic Tells CoStar Its Buyout Offer Needs Improvement

Mar 4, 2021 -- U.S. property data and analytics company CoreLogic Inc. rebuffed peer CoStar Group Inc.'s sweetened buyout offer, saying it required...
 

McGowan Acquires Couch Braunsdorf Insurance Group's Wholesale Division

Mar 4, 2021 -- The McGowan Companies, based in Fairview Park, Ohio, has acquired the assets of the wholesale division of Liberty Corner,...
 

Brit Combines Ambridge and BGSU to Create U.S. MGA

Mar 4, 2021 -- Brit Ltd. said it will merge its U.S. service company platform, Brit Global Specialty USA, and its managing general agency Ambridge. The...
 

Home Insurance Agency Hippo to Go Public in $5B SPAC

Mar 4, 2021 -- Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid Hoffman and...
 

London-Based Broker Costero Holdings Acquires Mar Risk Services

Mar 4, 2021 -- Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective...
 

Aviva Sells Italian Businesses to Allianz and CNP in 2 Deals Totaling $1.1 Billion

Mar 4, 2021 -- Aviva Plc has exited its Italian businesses in a pair of deals totaling 873 million euros ($1.1 billion) as the UK insurer continues to...
 

Alliant Acquires Louisiana's Group Insurance Inc.

Mar 4, 2021 -- Alliant Insurance Services has acquired Group Insurance Incorporated (GII), a full-service employee benefits provider and general agency...
 

Hub Acquires Assets of Texas' Wellspring Insurance Agency

Mar 3, 2021 -- Hub International Limited (Hub), a full-service global insurance broker based in Chicago, has acquired the assets of Wellspring Insurance...
 

Update - Aon's $30B Bid for Willis Towers Watson Faces EU Antitrust Warning: Reuters

Mar 3, 2021 -- BRUSSELS – Aon will face a list of objections by the EU's antitrust watchdog which it must overcome with concessions to proceed with...
 

Next Insurance to Acquire Affinity Agency AP Intego

Mar 3, 2021 -- Digital commercial insurance company Next Insurance has agreed to acquire AP Intego, a Massachusetts-based digital insurance agency...
 

Hub International Limited Acquires Vermont's Finn & Stone

Mar 3, 2021 -- Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Finn & Stone Inc. Terms of the transaction were...
 

Alphabet-Backed Startup Insurer Oscar Health Raises $1.2 Billion in IPO

Mar 3, 2021 -- Oscar Health Inc., a health insurance startup backed by Google parent Alphabet Inc., sold shares in its initial public offering (IPO) on...
 

Sedgwick Acquires Construction Services Co. in California

Mar 2, 2021 -- Sedgwick has acquired Construction Services Co., a building consulting firm headquartered in California. Terms of the deal were not...
 

CRC Group Adds Griffin General Agency in Houston

Mar 2, 2021 -- CRC Group, a nationwide wholesale distributor of specialty insurance products, has hired the team and purchased the renewal rights for...
 

Florida's TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance

Mar 2, 2021 -- TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing...
 

Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC

Mar 1, 2021 -- Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the...
 

Cinven and GIC Complete Purchase of UK Broker Miller from Willis Towers Watson

Mar 1, 2021 -- Cinven, the international private equity firm, and GIC, Singapore's sovereign wealth fund, have completed the acquisition of leading...
 

World Insurance Associates Acquires Arkansas' Corporate Risk Services

Mar 1, 2021 -- World Insurance Associates LLC (WIA) has acquired Corporate Risk Services LLC and Midwest Risk Management Services Inc. (collectively...
 

Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital

Feb 26, 2021 -- SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3...
 

One80 Intermediaries Acquires New York's Edward E. Hall and Company

Feb 26, 2021 -- One80 Intermediaries has acquired Edward E. Hall and Company (EE Hall). Terms of the deal were not disclosed. One80 is a national...
 

D&O-Focused MGA, Rising Edge, to Launch in 1st Half

Feb 26, 2021 -- Rising Edge, a London-based managing general agent (MGA), writing directors' and officers' (D&O) insurance, is set to launch in the...
 

AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round

Feb 26, 2021 -- A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use...
 

Canadian Insurtech Farmers Edge Raises $100 Million in IPO

Feb 26, 2021 -- Farmers Edge Inc. raised about C$125 million ($100 million) in its Canadian initial public offering after selling shares at the top end...
 
 
 
 
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