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Insurance Mergers & Acquisitions

 
October 9, 2020
 
 
 
 
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Hub International Acquires Ontario's Mumby Insurance Brokers

Oct 8, 2020 -- Global insurance broker Hub International has acquired the property/casualty and employee benefits businesses of Mumby Insurance Brokers...
 

Analysts Say U.S. Restrictions Unlikely to Hurt Ant Group's $35 Billion IPO

Oct 8, 2020 -- Ant Group's $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial...
 

DOXA Acquires AMS Professional Liability, Allsouth Professional Liability of Florida

Oct 8, 2020 -- AMS Professional Liability, a wholesale broker in the state of Florida, and Allsouth Professional Liability, a brokerage specializing in...
 

NFP Acquires Santa Maria & Co. in California

Oct 7, 2020 -- NFP has acquired Santa Maria & Co. in Walnut Creek, Calif. Craig Santa Maria, a principal and cofounder of the firm, will join NFP as...
 

Howden's Acquisition of A-Plan Group to Create One of UK's Largest Brokers

Oct 7, 2020 -- The international insurance broking group Howden recently announced that it has agreed to acquire A-Plan Group, one of the UK's largest...
 

Hub International Limited Acquires Assets of Maryland's Bernstein Insurance

Oct 7, 2020 -- Global insurance brokerage Hub International Limited has acquired the assets of Bernstein Insurance LLC. Terms of the transaction were...
 

Bold Penguin Acquires RiskGenius in Commercial Insurance Technology Deal

Oct 6, 2020 -- Insurance technology firm Bold Penguin has acquired RiskGenius in a deal that the two commercial lines insurtechs said will help grow...
 

First Mainstreet Insurance Acquires Two Iowa Agencies

Oct 6, 2020 -- First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., has acquired two Iowa agencies: Brummel Madsen...
 

An Insurance Lyft: CSAA Forms Rideshare Carrier; Allstate, Liberty Mutual Offer Coverage

Oct 6, 2020 -- A new carrier has joined the rideshare insurance market, offering coverage to Lyft drivers in 11 states. At the same time, ridesharing...
 

Hub International Limited Acquires Virginia's WFG Benefits

Oct 6, 2020 -- Global insurance brokerage Hub International Limited has acquired the assets of WFG Benefits Inc. Terms of the transaction were not...
 

World Insurance Associates Acquires New York's Paul Global Benefits

Oct 6, 2020 -- World Insurance Associates LLC (WIA) has acquired Paul Global Benefits Inc. (PGB) of Syosset, N.Y., on September 1, 2020. Terms of the...
 

Hub International Buys Canadian Benefits Consultancy Firm, Clearpoint

Oct 6, 2020 -- Hub International Ltd., a Chicago-based global insurance broker, announced it has acquired Canadian benefits firm, Clearpoint, which...
 

Wholesale Trading Insurance Services Acquires Landmark E&S in California

Oct 5, 2020 -- Wholesale Trading Insurance Services LLC and its parent company, Jencap, LLC, have agreed to acquire privately held Landmark E&S...
 

Pandemic Economic Uncertainty Could See Insurers Buying, Partnering with Insurtechs

Oct 5, 2020 -- Insurance carriers could increasingly target insurtechs for acquisition and partnerships in the coming months due to pandemic-related...
 

Trean Group Completes Acquisition of South Carolina-Based 7710 Insurance Co.

Oct 5, 2020 -- The wholly-owned subsidiary of Trean Insurance Group, Benchmark Holding Co., Inc., has completed the acquisition of South Carolina-based...
 

Legacy Reinsurer Premia Agrees to Buy Navigators Holdings (Europe) from The Hartford

Oct 5, 2020 -- Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. has agreed to acquire Navigators Holdings (Europe) NV and its...
 

Enstar Offers to Purchase Watford Holdings for $620 Million

Oct 5, 2020 -- Enstar Group Ltd. has made a 100% cash offer to purchase Watford Holdings Ltd.for $31.00 per ordinary share, which amounts to $620...
 

CMIC Group Rebrands as Integris Group, Reorganizes as Mutual Holding Company

Oct 5, 2020 -- CMIC Group has rebranded as Integris Group and reorganized into a mutual insurance holding company, after having received approval by the...
 

Worldwide Facilities Acquires New Jersey's Hunt Jorgensen

Oct 5, 2020 -- Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt...
 

Westland Insurance Acquires 2 Brokerage Firms in Alberta, Canada

Oct 5, 2020 -- Westland Insurance Group Ltd. announced it has acquired two brokers, based in Alberta, Canada, effective October 1, 2020. Ironside...
 

UK Insurer LV= in Exclusive Talks with Bain Capital About Possible Deal

Oct 5, 2020 -- UK insurance company Liverpool Victoria said it's in exclusive talks with Bain Capital LP over a potential deal. The company, known as...
 

Business Continuity Firm Agility Recovery Acquires Chicago's Recovery Solutions

Oct 2, 2020 -- Agility Recovery, a Denver-based provider of business continuity services for banking and insurance companies, has acquired Chicago,...
 

UK MGA Manchester Underwriting Mgmt Buys Renewal Rights of Pinpoint Underwriting

Oct 2, 2020 -- Manchester Underwriting Management Ltd. (MUM) has acquired the portfolio renewal rights of Pinpoint Underwriting. The underwriting team...
 
 
 
 
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