Insurance Journal
 
 

Insurance Mergers & Acquisitions

 
November 12, 2021
 
 
 

NFP Acquires Western Canada's Foster Park Brokers Inc.

Nov 12, 2021 -- NFP, the New York City-based insurance broker and consultant, announced the acquisition of Canada's Foster Park Brokers Inc. Details of...
 

Hannover Re Sells Stake in HDI Global Specialty to Position Itself as Pure Reinsurer

Nov 12, 2021 -- Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE, effective...
 

Chinese Insurer Ping An Plans to Sell $2.1B Stake in Autohome: Sources

Nov 12, 2021 -- HONG KONG – Financial conglomerate Ping An Insurance Group of China is seeking to offload its 44% stake in auto services portal...
 

Westfield Insurance to Buy Argo's U.S. Specialty Property Renewal Rights

Nov 12, 2021 -- Specialty insurer Argo Group International Holdings has agreed to sell the renewal rights of its U.S. specialty property business to...
 

TypTap Moves Ahead with IPO, $100 Million Fundraising

Nov 10, 2021 -- TypTap, which describes itself as a technology-driven homeowners' insurance company in Florida, is moving ahead with plans to raise $100...
 

Venbrook Acquires Georgia E&S MGA

Nov 10, 2021 -- Venbrook Group, an independent insurance distribution and services firm, has acquired Alpharetta Underwriters, a specialty managing...
 

Lloyd's Broker MNK Re Launches Specialty Wholesale and Retail Unit

Nov 10, 2021 -- MNK Re Ltd., the London-headquartered Lloyd's specialist broker, is launching MNK Re UK Specialty Ltd., to focus on UK wholesale and...
 

Asian Insurer FWD Group Weighs Shifting U.S. IPO to Hong Kong: Reuters

Nov 10, 2021 -- HONG KONG – Asian insurer FWD Group, controlled by Hong Kong billionaire Richard Li, is contemplating shifting its $2-$3 billion share...
 

Lemonade to Acquire Auto Insurer Metromile in Merger of Insurtechs

Nov 9, 2021 -- Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as...
 

Risk Strategies Acquires Connecticut's Pawson Insurance

Nov 9, 2021 -- Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Pawson Insurance, a full-service retail...
 

Xenia Acquires Financial and Specialty Business of London Broker Parker Norfolk

Nov 9, 2021 -- Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist Lloyd's...
 

Hub Acquires Louisiana-Based Thibeaux Insurance Group

Nov 8, 2021 -- Hub International Limited, a global insurance brokerage and financial services firm, has acquired the assets of Thibeaux Insurance Group,...
 

Marsh McLennan Buys Pelnik Insurance in NC

Nov 8, 2021 -- Marsh McLennan Agency, a subsidiary of Marsh, one of the largest insurance brokers in the world, has acquired Pelnik Insurance, a North...
 

Risk Strategies Acquires SC-based Hibbits Agency

Nov 5, 2021 -- Risk Strategies, a national specialty broker, announced it is expanding into South Carolina with the purchase of Mount Pleasant-based...
 

Hub Acquires Florida's Rider Insurance

Nov 5, 2021 -- Hub International, a global insurance brokerage and financial services firm, has acquired Rider Insurance Group, an agency based in Fort...
 

Hub International Limited Acquires Chicago-Based Calculated Risk Advisors

Nov 5, 2021 -- Hub International Limited has acquired the assets of Calculated Risk Advisors, LLC. Terms of the transaction were not disclosed....
 
 
 
 
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