Tag archive for ‘Insurance industry news’
Arthur J. Gallagher takes full ownership of Switzerland-based risk management and insurance solutions provider Hesse and Partner
By businessnewstoday On Tuesday, June 15th, 2021
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Arthur J. Gallagher takes full ownership of Hesse and Partner

(adsbygoogle = window.adsbygoogle || []).push({}); Arthur J. Gallagher & Co. has taken full ownership of Switzerland-based Hesse & Partner and Hesse Consulting (together called Hesse More...

Integrity Marketing Group CEO Nick Theodore and COO Cindi Theodore
By businessnewstoday On Tuesday, June 15th, 2021
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Integrity Marketing Group acquires life insurance firm Theodore Group

Integrity Marketing Group, an American life and health insurance products distributor, has acquired Theodore Group for an undisclosed price. Based in Kissimmee, Florida, Theodore Group is engaged in the distribution More...

Amwins acquires Maryland-based general agent M.T. Donahoe & Associates
By businessnewstoday On Sunday, June 13th, 2021
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Amwins acquires Maryland-based general agent M.T. Donahoe & Associates

Amwins, a US-based specialty insurance products and services distributor, has acquired CBIZ M.T. Donahoe & Associates (MTDA), a Maryland-based general agent, which specializes in employee and individual benefits More...

OLI Insurance Services acquires Valley General Insurance Services
By businessnewstoday On Sunday, June 13th, 2021
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OLI Insurance Services acquires Valley General Insurance Services

Heffernan Insurance Brokers’ subsidiary OLI Insurance Services has acquired California-based Valley General Insurance Services for an undisclosed price. Valley General Insurance Services will continue to be headed More...

USAA to acquire San Francisco-based insurtech company Noblr
By businessnewstoday On Sunday, June 13th, 2021
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USAA to acquire San Francisco-based insurtech company Noblr

United Services Automobile Association (USAA), a Texas-based financial services company, revealed plans to acquire Noblr, an insurtech company, to provide the latter’s usage-based insurance (UBI) to its members. The More...

Aon to sell US retirement business and Aon Retiree Health Exchange for $1.4bn
By businessnewstoday On Sunday, June 6th, 2021
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Aon to sell US retirement business and Aon Retiree Health Exchange for $1.4bn

Aon has signed two separate deals to divest its US retirement business to Aquiline Capital Partners and its Aon Retiree Health Exchange business to Alight Solutions for a total of $1.4 billion. According to Aon, More...

Kensington Vanguard acquires title agency Hometown Title & Escrow
By businessnewstoday On Sunday, June 6th, 2021
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Kensington Vanguard acquires title agency Hometown Title & Escrow

Kensington Vanguard National Land Services (KV), a US-based title insurance agency, has acquired Hometown Title & Escrow for an undisclosed price. Hometown Title & Escrow, which is based in Tyson’s More...

Hub International acquires Canada-based Salvatore Insurance Brokers
By businessnewstoday On Sunday, June 6th, 2021
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Hub International acquires Canada-based Salvatore Insurance Brokers

Global insurance brokerage Hub International said that it has acquired Canadian insurance agency Salvatore Insurance Brokers for an undisclosed price. Based in Sackville, Nova Scotia, the family-owned Salvatore More...

Wefox Series C funding round : German insurtech company raises $650m
By businessnewstoday On Wednesday, June 2nd, 2021
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Wefox Series C funding round : German insurtech company raises $650m

Wefox Series C funding round : German insurtech company wefox has raised $650 million in a Series C funding round led by Target Global to take its valuation to $3 billion. Wefox said that the round marks the largest More...

MassMutual closes $3.5bn acquisition of Great American Life Insurance
By businessnewstoday On Saturday, May 29th, 2021
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MassMutual closes $3.5bn acquisition of Great American Life Insurance

Massachusetts Mutual Life Insurance (MassMutual) has closed its previously announced $3.5 billion acquisition of Great American Life Insurance Company and other subsidiaries and affiliated entities from American More...