Tag: Market Expansion

Everett Cash Mutual to Convert, Merge, and Join Old Republic in $153M-$207M Deal

Everett Cash Mutual Insurance is converting to stock, merging with Ever-Greene Mutual, and being acquired by Old Republic in a $153M-$207M deal, impacting insurance market consolidation and ratings.

Westfield and Mosaic Boost Leadership to Drive Tech and FinPro Growth

Westfield appoints Lloyd Scholz as enterprise CIO to enhance technology and analytics. Mosaic Insurance hires Sachin Warty to lead financial institutions and professional liability growth in North America.

Mitsui Sumitomo Insurance Acquires Stake in U.S. Insurer W. R. Berkley

Japanese insurer Mitsui Sumitomo Insurance acquires at least 12.5% stake in U.S. commercial insurer W. R. Berkley, marking strategic market expansion and governance involvement.

Largest Majority Colleague-Owned Public Insurance Broker Merger Set for Q1 2026

A $1.026B merger will form the largest majority colleague-owned publicly traded insurance broker in the U.S., driving EPS growth and deleveraging through 2028.

Baldwin to Acquire CAC Group in $1.03B Deal to Expand Specialty Brokerage

Baldwin Insurance Group agreed to acquire specialty brokerage CAC Group for $1.03B, creating a leading U.S. insurance advisory platform with expanded specialty expertise and pro forma revenue over $2B by 2026.

Curative Health Insurance Raises $150M Series B to Expand AI-Powered $0 Out-of-Pocket Plan

Curative Health Insurance secures $150M in Series B funding to expand its AI-powered $0 out-of-pocket health plan and accelerate national growth, focusing on regulatory compliance and member engagement.

Bridge Specialty Group Expands US West with National Brokerage and Leadership Moves

Bridge Specialty Group extends its US western presence with a new national brokerage platform and three leadership appointments, highlighting key shifts in wholesale insurance distribution.

Marsh McLennan Agency to Acquire Hawaii’s Largest Broker Atlas and Affiliates

Marsh McLennan Agency agrees to acquire Hawaii's largest insurance broker Atlas Insurance Agency and sister agencies, expanding its regional market presence and brokerage services.

Manulife Sells MVI Life to Japan’s Asahi Life, Retains Manulife Vietnam

Manulife sells MVI Life to Asahi Life, retaining its key Vietnam operations. Learn about the impact on Vietnam's life insurance market and strategic industry moves.

US Insurance Leaders Accelerate Growth and Innovation with Strategic Appointments

Key leadership hires in the US insurance industry are driving growth, regional footprint expansion, and technological innovation across brokers, carriers, and tech firms.