Tag archive for ‘Insurance acquisition news’
By businessnewstoday On Saturday, September 19th, 2020
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State Farm to acquire automobile insurer GAINSCO for $400m

(adsbygoogle = window.adsbygoogle || []).push({}); State Farm acquisition of GAINSCO : US property and casualty insurance giant State Farm Mutual Automobile Insurance has agreed to acquire Texas-based More...

By businessnewstoday On Thursday, September 17th, 2020
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MetLife to acquire vision-care benefits company Versant Health for $1.6bn

MetLife acquisition of Versant Health : US life insurance giant MetLife has signed an all-cash deal worth around $1.675 billion to acquire Versant Health, a vision-care benefits company, from an investor consortium More...

By businessnewstoday On Thursday, September 17th, 2020
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Arthur J. Gallagher acquires crop insurance provider Kirksey Agency

Insurance brokerage Arthur J. Gallagher & Co. has acquired The Kirksey Agency, based in West Monroe, Louisiana, for an undisclosed price. Established in 1980 with crop insurance as its lead product, Kirksey More...

By businessnewstoday On Sunday, September 13th, 2020
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Aviva to sell majority stake in Aviva Singapore to enable merger with Singlife

UK life insurance giant Aviva has agreed to divest a majority stake in Aviva Singapore to a consortium led by Singapore Life (Singlife) for SGD 2.7 billion (£1.6 billion), in a move to help create one of the top More...

By businessnewstoday On Sunday, September 13th, 2020
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Verisk acquires Medicare secondary payer provider Franco Signor

Data analytics provider Verisk has acquired Franco Signor, a Florida-based Medicare secondary payer (MSP) service provider, for $160 million. Franco Signor will operate under Verisk’s Claims Partners business, More...

By businessnewstoday On Thursday, September 10th, 2020
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Risk Strategies acquires Securitas Insurance to grow private equity practice

Risk Strategies, a US national insurance brokerage and risk management firm, has acquired Securitas Insurance Partners, a specialty brokerage engaged in addressing the retail insurance and risk management needs More...

By businessnewstoday On Tuesday, September 8th, 2020
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Empower Retirement to acquire retirement plan business of MassMutual

Empower Retirement will acquire the retirement plan business of Massachusetts Mutual Life Insurance Company (MassMutual) in a reinsurance transaction for a ceding commission of $2.35 billion. The acquisition will More...

By businessnewstoday On Monday, September 7th, 2020
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Hub International acquires Hollis Companies and The Employee Benefits Corporation

Hub International, a global insurance brokerage, has acquired the assets of Hollis Companies and The Employee Benefits Corporation (TEBC) for an undisclosed price. Based in Metairie, Louisiana, The Employee Benefits More...

By businessnewstoday On Tuesday, September 1st, 2020
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Countywide Insurance Agency acquired by World Insurance Associates

World Insurance Associates (WIA), a New Jersey-based insurance brokerage, has acquired Countywide Insurance Agency based in Jefferson Valley, New York, for an undisclosed price. Countywide Insurance Agency offers More...

By businessnewstoday On Saturday, August 29th, 2020
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Aviso Group creates Aviso EIA Insurance Brokers through merger of two brokers

Aviso Group, Australian insurance brokerage partnership, has announced the merger of Insurance Aid General Brokers and Eagle Insurance Brokers, two of its largest brokers. Financial terms of the merger were not More...