M&A
Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach
Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee ...
Vertafore Acquires Surefyre to Expand Offerings for MGA Growth
Insurance software-as-a-service provider Vertafore said it has acquired Surefyre, a submission and underwriting platform for managing general agencies and wholesalers. The deal's financial terms were ...
Marsh McLennan to Buy TIH’s McGriff Insurance for $7.75B
Marsh McLennan says it has a deal in place to acquire McGriff Insurance Services for $7.75 billion, funded by cash and debt financing. U.S. retail broker McGriff, an affiliate of private ...
Akur8 Acquires Arius From Milliman
Akur8, an insurance pricing solution based on machine learning, announced that it has acquired Arius from Milliman Inc. Arius, an award-winning P/C reserving software for insurers and reinsurers, has ...
Clyde & Co: First-Half Carrier M&A Activity Falls to 15-Year Low
The first half of 2024 set a 15-year low for first-half insurance carrier mergers and acquisitions, according to Clyde & Co's latest Mid-Year Growth Report. The number of insurance carrier ...
Moody’s Acquires Praedicat
Moody's Corporation announced today that it has acquired insurance analytics provider Praedicat. Moody's said the acquisition adds comprehensive casualty and liability modeling to its range of ...
Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion
Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in a $2 billion cash deal, the company said in a regulatory ...
Legacy Acquisition Specialist Enstar to Be Acquired by Sixth Street for $5.1B
Investment firm Sixth Street will acquire Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, for $5.1 billion, according to Enstar in an announcement. Liberty Strategic Capital (a ...