All M&A articles
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NewsAssuredPartners buys two Illinois brokerages
US broker consolidator AssuredPartners has acquired two Illinois-based brokerages with combined revenues of $30mn.
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News
Transverse adds E&S platform with Arrowood acquisition
Program fronting start-up Transverse Insurance Group has secured an E S platform with the acquisition of Arrowood Surplus Lines Insurance Company (ASLIC) as it builds out its operation in the US.
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News
Caser acquisition marks latest in Helvetia’s European expansion
Expansive Swiss insurer Helvetia has begun the year with another acquisition in the form of Spanish Caser, signaling its intent to expand further into Europe.
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News
Axa mulls sale of Middle East business: reports
French insurance powerhouse Axa is considering selling its Middle Eastern operations, as CEO Thomas Buberl continues to seek fresh ways of streamlining the insurer, according to reports.
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News
Helvetia snaps up 70% of Spain’s Caser for Eur780mn
Swiss specialty carrier Helvetia has acquired a 70 percent stake in Spanish insurer Caser for Eur780mn ($861mn).
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News
Acrisure revenues expected to top $2bn this year
Fast-growing broker consolidator Acrisure is expected to exceed total revenue of $2bn for full-year 2020, according to S P Global Ratings.
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News
Lovell Minnick completes Charles Taylor acquisition
Insurance services specialist Charles Taylor’s £261mn ($326mn) takeover by private equity house Lovell Minnick has completed.
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News
Zurich’s N&G nets NMU’s commercial marine book
Zurich-owned Navigators and General (N G) has acquired NMU’s commercial marine trade combined book for an undisclosed sum, as the specialty insurer looks to withdraw from the class.
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News
Brown & Brown buys Dallas-based MGA Texas All Risk
Brown Brown has acquired substantially all of the assets of Texas All Risk, a managing general agent that places a wide range of insurance in Texas, Louisiana, and Oklahoma.
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News
NFP acquires Arizona P&C broker Koty-Leavitt
Expansive NFP has acquired Koty-Leavitt Insurance Agency, a Tucson, Arizona-based commercial property casualty broker that specialises in the medical device distribution space.
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News
CFC acquires big data insurtech ThreatInformer
London cyber-specialist MGA CFC has acquired London-based insurtech ThreatInformer for an undisclosed sum.
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News
London broker Paragon sale price leaps from £42mn to £70mn
Australian broking house PSC Insurance Group will now reach deeper into its pockets to reward the owner-manager shareholders of FI specialist Lloyd’s broker Paragon following a jump in 2019 profits during the earn-out phase.
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News
Altamont hires Orchid’s Zuk to drive insurance investments
Joe Zuk has left Orchid Underwriters after less than a year to join Altamont Capital Partners as an operating partner focused on its insurance investments.
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News
MMA adds PE expertise with Ironwood acquisition
Marsh McLennan Agency (MMA) has acquired Ironwood Insurance Services, an Atlanta, Georgia-based independent broker with 85 employees with particular expertise in private equity.
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News
Avatar to buy Centauri in latest Florida M&A deal
Avatar Partners is set to buy Centauri National Insurance Company and Centauri Specialty Insurance Company in the latest of a flurry of Florida homeowners M A transactions.
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News
Florida insurer Weston to buy Anchor Specialty
Florida insurer Weston Insurance has agreed a deal to buy Texas carrier Anchor Specialty Insurance and its associated MGA, The Insurer can reveal.
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News
Tysers takes minority stake in Bermudian MGA Helix
Integro-owned broker Tysers has invested in Bermudian MGA start-up Helix Underwriting Partners.
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News
One80 buys medical stop loss MGU Vista UW Partners
US wholesaler and program manager One80 Intermediaries has completed its second significant acquisition in two months with a deal to buy medical stop loss specialist Vista Underwriting Partners, The Insurer can reveal.
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News
Florida’s HCI Group agrees to buy $69mn Anchor P&C book
Homeowners Choice Property Casualty Insurance Company is set to buy all the insurance policies of its smaller Florida rival Anchor Property Casualty Insurance Company in what is expected to be the first of a flurry of portfolio and M A deals in the Sunshine State.
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Opinion
Florida – this time the squeeze is real
For the third time in four years, Florida’s homeowners insurance market is entering the first quarter in a state of great uncertainty as the deteriorating operating environment again brings the prospect of ratings downgrades in the crucial months leading up to the hurricane season.
