The RW Exchange (RWX) is excited to announce that Sterling Seacrest Pritchard is the first representations and warranties insurance (RWI) broker specialist in the United States to license the RWX technology. Developed by Kirk Sanderson of M&A Insurance Solutions to enhance the RWI experience for clients and M&A stakeholders alike, RWX is building momentum with… Continue reading The RW Exchange and Sterling Seacrest Pritchard Announce Formal Partnership
Tag: M&A insurance
M&A Activity Resilient in 2020
After a stand-out 2019, where global insurance M&A reached a four-year high, transaction numbers in 2020 held steady with only a slight dip on the previous year. Europe was hardest hit with activity down by a third, continuing a two-year slide. However, this was offset by an uptick in M&A in the Americas and notably… Continue reading M&A Activity Resilient in 2020
Ryan Specialty Group and All Risks Finalize Merger
Ryan Specialty Group, LLC (RSG) and All Risks, Ltd. (All Risks) are pleased to announce the completion of the transaction to merge the two firms into Ryan Specialty Group. RSG is an insurance specialist providing services in wholesale brokerage and delegated underwriting authority in the form of binding authorities, programs and managing general underwriting companies.… Continue reading Ryan Specialty Group and All Risks Finalize Merger
M&A Pioneer Martin Lipton Warns of Wave of Virus Lawsuits
A push by Republicans in Congress to create stronger liability protections for businesses hammered by the coronavirus won’t completely curb lawsuits over injuries and losses caused by the pandemic, famed M&A litigator Martin Lipton said. Speaking to the Economic Club of New York on Monday, Lipton warned that “litigation will be with us for quite… Continue reading M&A Pioneer Martin Lipton Warns of Wave of Virus Lawsuits
Arthur J. Gallagher & Co. Acquires Wholesaler CMS, LLC
Arthur J. Gallagher & Co. today announced the acquisition of Melville, New York-based CMS, LLC. Terms of the transaction were not disclosed. Founded in 1996, CMS, LLC is a full-service wholesale insurance broker working with agents across the United States. The team specializes in placing coverages for construction, importing, wholesaling/distributing, manufacturing and real estate businesses,… Continue reading Arthur J. Gallagher & Co. Acquires Wholesaler CMS, LLC
No Sign of Recovery as Global M&A Market Endures Second Worst Performance on Record
The global M&A market recorded its second–worst performance since the 2008 launch of Willis Towers Watson’s Quarterly Deal Performance Monitor (QDPM), run in partnership with Cass Business School. Based on share price performance, acquirers have failed to add value for eight consecutive quarters, underperforming the Global Index1 by –6.4 percentage points (pp) in the last… Continue reading No Sign of Recovery as Global M&A Market Endures Second Worst Performance on Record
RenRe to Buy Tokio Millennium Re for $1.5Bn
Bermudian reinsurer RenaissanceRe Holdings Ltd has agreed to buy Tokio Millennium Re in a cash-and-shares deal worth $1.5 billion. The agreement has been unanimously approved by the boards of directors of both companies. The transaction is expected to close in the first half of 2019 and is subject to customary closing conditions and regulatory approvals.… Continue reading RenRe to Buy Tokio Millennium Re for $1.5Bn