Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced that it has acquired Securitas Insurance Partners, LLC, a specialty brokerage focused on the retail insurance and risk management needs of venture capital and private equity backed portfolio companies. Terms of the deal were not disclosed. “Companies that are… Continue reading Risk Strategies Acquires Securitas Insurance Partners
Tag: insurance M&A
Aon and Willis Towers Watson Announce Shareholder Approval of Proposed Merger
Aon plc (“Aon”) and Willis Towers Watson Public Limited Company (“Willis Towers Watson”) today announced that their respective shareholders voted FOR all proposals at their respective extraordinary general meetings and at the special meeting of Willis Towers Watson shareholders ordered by the High Court of Ireland. Aon and Willis Towers Watson shareholders approved all of… Continue reading Aon and Willis Towers Watson Announce Shareholder Approval of Proposed Merger
NFP Acquires Rose & Kiernan, Inc.
NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced the acquisition of Rose & Kiernan, Inc., in a transaction that closed effective August 1, 2020. Rose & Kiernan, based in Albany, NY, is a multidisciplinary insurance broker with sophisticated capabilities in P&C, surety… Continue reading NFP Acquires Rose & Kiernan, Inc.
Ryan Specialty Group and All Risks Sign Definitive Agreement to Merge
Ryan Specialty Group, LLC (RSG) and All Risks, Ltd. (All Risks) are pleased to announce they have signed a definitive agreement to merge. The two firms are insurance specialists with strengths that complement one another. Both have proven track records of excellence in transactional wholesale distribution and managed underwriting businesses in the form of managing… Continue reading Ryan Specialty Group and All Risks Sign Definitive Agreement to Merge
Marsh Acquires Leading U.S. Independent Insurance Agency, Assurance
Marsh, the world’s leading insurance broker and risk adviser, today announced that Marsh & McLennan Agency LLC (MMA), its US middle market agency subsidiary, has acquired Schaumburg, Illinois-based Assurance Holdings, Inc., one of the leading independent agencies in the US. Terms of the acquisition were not disclosed. Founded in 1961, Assurance is a full-service brokerage… Continue reading Marsh Acquires Leading U.S. Independent Insurance Agency, Assurance
Aon to Merge wth Willis Towers Watson in Deal Valued at $30 Billion
Insurance brokerage PLC has agreed to merge with rival Willis Towers Watson an all-stock transaction valued at roughly $30 billion, a year after discussions of a planned takeover fell through. Shareholders of Willis Towers Watson will receive 1.08 Aon shares for each Willis Towers Watson share, representing a roughly 16% premium to Willis Towers’ Friday… Continue reading Aon to Merge wth Willis Towers Watson in Deal Valued at $30 Billion
Alliant Acquires Pend Oreille Insurance
Alliant has acquired Idaho’s Pend Oreille Insurance. As one of the area’s largest independent insurance agencies, Pend Oreille brings a longstanding track record of growth and success and a diverse suite of products and services into the Alliant family of companies. “The Pend Oreille name has long been synonymous with strong service, local expertise, and… Continue reading Alliant Acquires Pend Oreille Insurance
The Hilb Group, LLC Acquires Wickford Insurance Agency, Inc.
The Hilb Group, LLC (“THG”) announced the acquisition of Rhode Island-based Wickford Insurance Agency, Inc. (“WIA”). The transaction became effective December 1, 2019. WIA is a full-service property and casualty insurance agency for businesses and individuals throughout Rhode Island. WIA’s associates will join THG’s Rhode Island operations under the management of Chris Schneider and Derek… Continue reading The Hilb Group, LLC Acquires Wickford Insurance Agency, Inc.
Specialty Program Group Acquires Assets of NY-Based The Mechanic Group
Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerages and underwriting facilities, announced today that it has acquired the assets of The Mechanic Group, Inc. (TMG), a leading specialty insurance program manager. Terms of the acquisition were not disclosed. Established in 1989, The Mechanic Group has dedicated itself to delivering best-in-market insurance… Continue reading Specialty Program Group Acquires Assets of NY-Based The Mechanic Group
M&A Transaction Insurance Sees Rapid Growth in Asia-Pacific: Aon
Aon, the leading professional services firm providing a broad range of risk, retirement and health solutions, and Mergermarket, today jointly released the Asia-Pacific M&A and Transaction Solutions Risk in Review 2019 report. Findings from the report show that after years of steady growth in transaction volume and cross-border deals, the deal environment in Asia-Pacific is… Continue reading M&A Transaction Insurance Sees Rapid Growth in Asia-Pacific: Aon