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Insurance Mergers & Acquisitions

 
November 20, 2020
 
 
 
 
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Allstate Hires Only Banks Owned by Minorities, Women, Veterans for Big Bond Sale

Nov 20, 2020 -- Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed...
 

Hub Acquires Assets of Michigan's-Based United Shortline Insurance Services

Nov 19, 2020 -- Hub International Limited (Hub), a Chicago-based global insurance brokerage, has acquired the assets of United Shortline Insurance...
 

Pace of Broker Acquisitions Picks Up in 2nd Half, After COVID-Linked Lull in Q2

Nov 19, 2020 -- Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second quarter related to the...
 

Canada's Intact Financial Caps Decade of Acquisitions with $9.4 Billion RSA Deal

Nov 19, 2020 -- After a decade of buying up rivals to become Canada's largest property and casualty insurer, Intact Financial Corp. is looking across the...
 

Bindley Capital, ForeSight Medical Ex-CEO Acquire Workers' Comp Dental Provider

Nov 18, 2020 -- Bindley Capital Partners and Brian Bell, the founder and former chief executive officer of ForeSight Medical, have acquired a specialty...
 

Connecticut's Summit Financial Group Joins Satellite Agency Network Group

Nov 18, 2020 -- Satellite Agency Network (SAN) Group Inc., a Hampton, N.H.-based alliance of independent insurance agencies in the Northeast, has...
 

Enstar to Sell Starstone's Lloyd's Managing Agency to New Re/Insurance Venture Inigo

Nov 18, 2020 -- Enstar Group Ltd. and Stone Point Capital LLC announced they have signed definitive agreements to sell StarStone Underwriting Ltd. (SUL),...
 

UK Insurer RSA Accepts $9.6 Billion Cash Takeover Offer

Nov 18, 2020 -- Canada's Intact Financial and Denmark's Tryg on Wednesday said they had reached an agreement to buy British insurance group RSA for 7.2...
 

HSCM Bermuda Takes Majority Stake in Florida Insurer Southern Fidelity After Merger

Nov 18, 2020 -- After a tumultuous year that included double-digit rate increases, an intervention by the state regulator and a merger, Florida-based...
 

Gray Surplus Lines Insurance to Launch Dec. 1 in Louisiana

Nov 18, 2020 -- Metairie, La.-based Gray Insurance Co. is expanding its excess casualty capabilities with the launch of Gray Surplus Lines Insurance Co....
 

Allied World Sells Majority Stake in High-Net Worth Insurer Vault

Nov 18, 2020 -- Fairfax Financial Holdings and its subsidiary Allied World Assurance Co. have agreed to sell their majority interests in Florida-based...
 

Zywave Snatches Up Advisen in Move to Accelerate Global Growth

Nov 17, 2020 -- Insurance technology company Zywave snatched up Advisen, a global insurance data provider, in a deal expected to fuel more rapid...
 

Hub Acquires Assets of The Vitolo Company in Washington

Nov 16, 2020 -- Hub International Limited has acquired the assets of The Vitolo Co. in Seattle, Wash. Terms of the deal were not disclosed. Mike Vitolo,...
 

World Insurance Associates Acquires Virginia's Danaher-Skewes & Associates

Nov 16, 2020 -- World Insurance Associates LLC (WIA) acquired Danaher-Skewes & Associates Inc. of Manassas, Va., on November 1, 2020. Terms of the...
 

World Insurance Associates Acquires Indiana's Ball Insurance

Nov 16, 2020 -- Ball Insurance Services (Ball Insurance) of Northwest Indiana has been acquired by World Insurance Associates LLC. Ball Insurance, based...
 

Kevelighan: Talks with Institutes on Creating 21st Century Triple III Began Years Ago

Nov 16, 2020 -- Affiliating with The Institutes provides an opportunity for the industry's Insurance Information Institute (III) to become more of a 21st...
 

HUB Acquires Assets of Miss.-Based Larry Dean Massey, Jr.

Nov 16, 2020 -- Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Larry Dean Massey, Jr....
 

World Insurance Associates Acquires The Walker Agency of South Carolina

Nov 13, 2020 -- World Insurance Associates LLC (WIA) has acquired The Walker Agency, Inc of Anderson (d/b/a Palmetto Insurance) of Anderson, S.C. on...
 

Brookfield Asset Management to Launch Reinsurer; Distribute Shares to Investors

Nov 13, 2020 -- Brookfield Asset Management Inc. is launching a reinsurance business and plans to distribute shares in the new entity to its investors in...
 

World Insurance Associates Acquires New Jersey's Fairways Insurance

Nov 13, 2020 -- World Insurance Associates LLC (WIA) has acquired Fairways Insurance Inc. of Cinnaminson, N.J., on November 1, 2020. Terms of the...
 
 
 
 
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