Allstate image

Allstate agrees to sell bulk of life business to Blackstone for $2.8bn

2021-01-27T03:33:00+00:00

Allstate has agreed to sell Allstate Life Insurance Company (ALIC) to various Blackstone-managed entities for $2.8bn in a move which allows the US insurance giant to further focus on growing its personal property-liability market share.

One 80

One80 buys NY program administrator Corieri & Associates

2021-01-26T14:01:00+00:00

Wholesale consolidator platform One80 Intermediaries has bought New York-based public entities-focused program administrator Corieri and Associates (C&A).

Premier Choice SJA

GRP’s Premier Choice acquires SJA International

2021-01-26T11:29:00+00:00

Global Risk Partners-owned Premier Choice Healthcare has acquired Sussex-based insurance broker SJA International, which trades as SJA Health Insurance.

Gjensidige share price

Gjensidige has “substantial firepower” for potential €1.25bn RSA Codan deal

2021-01-25T07:50:00+00:00

Nordic insurer Gjensidige has a NOK7.2bn ($850mn) war chest available to deploy on M&A, supporting the likelihood of it emerging as a potential buyer of RSA Codan, according to Berenberg analysts.

Pib Group and Apex Partners

PIB Group acquired by Apax Partners

2021-01-25T10:56:00+00:00

UK broker consolidator PIB Group has been acquired by funds associated with private equity house Apax Partners, in a move that will see existing backer The Carlyle Group re-invest a minority stake.

II-EuclidTransactional-London

Euclid Transactional adds Luckett to London team

2021-01-25T07:53:00+00:00

M&A-focused MGA Euclid Transactional has added to its EMEA-focused team with the hire of Dave Luckett, formerly of Ironshore.

II-EuclidTransactional-London

Euclid Transactional adds Luckett to London team

2021-01-25T07:53:00+00:00

M&A-focused MGA Euclid Transactional has added to its EMEA-focused team with the hire of Dave Luckett, formerly of Ironshore.

II-AssuredPartners-Borland

AssuredPartners continues UK expansion with Scottish broker deal

2021-01-15T23:14:00+00:00

AssuredPartners is set to make another acquisition in the UK as the Florida-based broker continues its build out on both sides of the Atlantic.

R&Q and Vibe

Numis says R&Q is ‘top pick’ following £25mn Vibe deal

2020-12-24T13:53:00+00:00

Numis says R&Q is ‘top pick’ following £25mn Vibe deal

Allstate image

Allstate agrees to sell bulk of life business to Blackstone for $2.8bn

2021-01-27T03:33:00+00:00

Allstate has agreed to sell Allstate Life Insurance Company (ALIC) to various Blackstone-managed entities for $2.8bn in a move which allows the US insurance giant to further focus on growing its personal property-liability market share.

One 80

One80 buys NY program administrator Corieri & Associates

2021-01-26T14:01:00+00:00

Wholesale consolidator platform One80 Intermediaries has bought New York-based public entities-focused program administrator Corieri and Associates (C&A).

UIHC and HCI

HCI completes deal for UPC Northeast personal lines renewal rights

2021-01-23T01:06:00+00:00

HCI Group’s US expansion bid has taken a major step forward after the company completed the previously announced acquisition of the renewal rights to UPC Insurance’s personal lines business in four northeast US states.

US map

US agent/broker M&A goes into overdrive in Q4

2021-01-25T15:54:00+00:00

A frenzy of US broker M&A transactions took place in the fourth quarter as acquirers fully recovered from a Covid-19-induced slump and fears over capital gains tax changes brought deals forward.

Marshberry

US insurance broker M&A deal volume up 4.3% in 2020: MarshBerry

2021-01-12T23:23:00+00:00

Despite Covid-19 bringing deal activity to a standstill for two months, the US brokerage mergers and acquisitions (M&A) deal count in 2020 was higher than in the previous year, according to MarshBerry.

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