Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced today its acquisition of Desert Cornerstone Insurance Services, a family-owned and operated insurance agency based in Coachella Valley of Southern California.
Tag: M&A insurance
North America Agent and Broker M&A Deal Volume Drops 17% in Q1: Optis
According to Optis Partners, total North American agent and broker M&A transactions fell 17% year on year in Q1 2023 to 158.
Transactional Risk Insurance Remains Critical Enabler in De-risking Deals in M&A Environment: Marsh
Marsh released a report which highlights the continued rise of transactional risk insurance as a mainstream feature of mergers and acquisitions (M&A) worldwide.
Global M&A Performance Enjoys Bounce Back in 3Q
Global mergers and acquisitions (M&A) performance improved in the third quarter of this year, according to Quarterly Deal Performance Monitor research on completed deals (QDPM). Buyers outperformed the market by +3.9 percentage points for deals valued over $100 million between July and September 2022, according to share price performance. 1 WTW is a global advisory,… Continue reading Global M&A Performance Enjoys Bounce Back in 3Q
Carlyle to Acquire NSM Insurance from White Mountains in $1.78 Billion Deal
Private equity firm Carlyle Group Inc told Reuters on Monday it has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd for $1.78 billion in cash. Carlyle said the deal is expected to close in the second half of this year. The transaction is expected to add $280… Continue reading Carlyle to Acquire NSM Insurance from White Mountains in $1.78 Billion Deal
Transactional Insurance Demand Spikes Due to Robust M&A Activity
According to a new Marsh Specialty report, organizations around the world turned to transactional risk insurance in 2021 amid a record-breaking mergers and acquisitions (M&A) environment. Last year, the insurance broker and risk advisor placed a global transactional risk insurance limit of $81.1 billion. According to the report Transactional risk insurance 2021: Year in review,… Continue reading Transactional Insurance Demand Spikes Due to Robust M&A Activity
Liberty Mutual Insurance Completes Acquisition of State Auto Group
Liberty Mutual Insurance has completed the acquisition of State Auto Group, a super-regional property and casualty insurance holding company headquartered in Columbus, Ohio that distributes personal and small commercial coverages in 33 states through approximately 3,400 independent agents. More than 2,000 State Auto employees will join Liberty Mutual’s Global Retail Markets US business unit. Through… Continue reading Liberty Mutual Insurance Completes Acquisition of State Auto Group
Insurance Rates Soar to Cover M&A Deals
The cost of insurance to cover M&A problems has nearly doubled in just two years, according to underwriters and brokers, following a surge in global dealmaking during the COVID-19 pandemic. Potential buyers purchase insurance to protect themselves against issues such as a target’s misrepresentation of its performance or order book, whereas sellers purchase insurance to… Continue reading Insurance Rates Soar to Cover M&A Deals
ReSource Pro Acquires Insurance Licensing Services of America
ReSource Pro, a global provider of operational solutions for insurance organizations, today announced it has acquired Insurance Licensing Services of America (ILSA). ILSA provides regulatory and compliance services to insurance organizations and professionals. The transaction was completed this morning. By acquiring ILSA, ReSource Pro is building on its strategy to deliver business transformation services and… Continue reading ReSource Pro Acquires Insurance Licensing Services of America
CFC Offers R&W Solution for Transatlantic M&A
CFC has further enhanced its transaction liability services with the launch of a new solution designed to support North American buyers purchasing a UK or European target business. CFC’s transatlantic suite of transaction liability insurance products bridge the gap between North American coverage and UK/European/International M&A practice, giving North American buyers the representations and warranty… Continue reading CFC Offers R&W Solution for Transatlantic M&A