Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, has acquired Henderson Insurance. The firm has purchased the assets of the Newport Beach-based Henderson to join HeffDirect, a division of Heffernan Insurance Brokers, effective December 1, 2019. Scott Henderson, Laura Henderson, Jackie Smith, Julie Nii, and Eric Manzo… Continue reading Heffernan Insurance Brokers Acquires Henderson Insurance
Tag: insurance acquisitions
Global Insurance Industry M&A Activity Up in Q3: GlobalData
In the third-quarter of 2019, total insurance industry merger and acquisition (M&A) deals worth $15.17 billion were announced around the world, which is up 51% on the previous quarter, according to GlobalData. The firm’s deals database reveals that although the value of insurance industry deals in Q3 2019 increased on the previous quarter, it actually… Continue reading Global Insurance Industry M&A Activity Up in Q3: GlobalData
Heffernan Insurance Brokers Acquires Mahan Insurance Brokers
Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, acquires Mahan Insurance Brokers. The firm has purchased the assets of the Newport-based Mahan effective October 1, 2019. Michael Mahan and Marissa Garmendia will join Heffernan’s Irvine, California office, and Robert Mahan will continue to play an active role… Continue reading Heffernan Insurance Brokers Acquires Mahan Insurance Brokers
Aflac Confirms In Talks on Potential Minority Investment by Japan Post
Responding to the recent media reports, Aflac Inc. (AFL) confirmed Thursday that it is engaged in discussions with Japan Post Holdings Co., Ltd. regarding a potential minority investment in Aflac achieved through open market purchases. The discussions do not involve Aflac or any of its subsidiaries becoming a member of the Japan Post Group. No… Continue reading Aflac Confirms In Talks on Potential Minority Investment by Japan Post
U.S. Antitrust Approval Granted for Marsh & McLennan’s Acquisition of Jardine Lloyd Thompson Group plc
Marsh & McLennan Companies, Inc. and Jardine Lloyd Thompson Group plc on Monday confirmed that, on October 10, the Federal Trade Commission (FTC) granted an early termination of the waiting period under the Hart-Scott-Rodino Act with respect to MMC’s previously announced acquisition of JLT (the “Acquisition”). Termination of the HSR waiting period effectively concludes the… Continue reading U.S. Antitrust Approval Granted for Marsh & McLennan’s Acquisition of Jardine Lloyd Thompson Group plc
Apollo to Buy Aspen for $2.6 Billion in Insurance Expansion
Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6 billion, in the latest example of private equity investors expanding their insurance assets. Apollo will pay $42.75 a share in cash for the Hamilton, Bermuda-based insurer, 6.6 percent higher than Monday’s closing price, according… Continue reading Apollo to Buy Aspen for $2.6 Billion in Insurance Expansion