Tag: Mergers and Acquisitions

King Risk Partners Expands Midwest Presence with Ohio Insurance Agency Acquisition

King Risk Partners expands in the Midwest by acquiring Arnold Insurance Agency in Ohio, strengthening regional insurance services and client support.

EMC Insurance to Sell EMC National Life to Avocet Partners

EMC Insurance to sell EMC National Life to Avocet Partners as EMC National Life Mutual Holding Co. demutualizes, focusing EMC Insurance on commercial lines.

Roadzen Acquires EliteCover to Expand AI-Powered Commercial Auto Insurance Platform

Roadzen completes acquisition of EliteCover, enhancing its AI-driven underwriting and claims platform in the U.S. commercial auto insurance sector with expanded MGU licensing and fleet risk management capabilities.

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.

AM Best Updates Outlook for U.S. Homeowners Insurance to Stable

AM Best revises U.S. homeowners insurance outlook to stable, citing moderating premium growth, improved catastrophe risk management, and better reinsurance conditions for 2025.

Affordable American Insurance Bolsters Sales Leadership to Drive Agency Growth

Affordable American Insurance hires Ross Haskett as Vice President of Sales to accelerate independent agency growth through strategic financing and acquisitions.

Arthur J. Gallagher Expands UK Pension Services with First Actuarial Acquisition

Arthur J. Gallagher & Co. acquires UK-based First Actuarial to expand pension administration and employee benefits consulting services, enhancing its UK market presence.

Marsh McLennan Agency Expands with Acquisition of Three Hawaii Brokerages

Marsh McLennan Agency strengthens its footprint in Hawaii by acquiring three brokerages that specialize in municipal, transportation, and hospitality insurance coverage for businesses and individuals.

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.

Willis Towers Watson in Talks to Acquire NatWest-Owned Retirement Platform Cushon

Willis Towers Watson is in advanced talks to acquire Cushon, NatWest's workplace retirement platform managing £3.7bn assets, signaling consolidation in pension services.