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Tag: 2023 M&A


News

Ardonagh Sells £1.2 Billion Insurance Unit to UK Insurer Markerstudy

September 15, 2023

Via: Insurance Journal

The Ardonagh Group is selling its personal insurance business in a deal that will give Chief Executive Officer David Ross an £800 million ($1 billion) war chest for further acquisitions in specialist insurance broking. Ardonagh is selling its Atlanta Group […]


Brokers

Howden’s Aston Lark Acquires UK Broker Curtis Marine

August 29, 2023

Via: Insurance Journal

Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine practice, trading under the Haven Knox-Johnston name. The […]


News

Digital Asset Insurer Evertas Acquires Bitsure, Crypto Mining Insurance Specialist

July 19, 2023

Via: Insurance Journal

Evertas, the Chicago-based dedicated crypto insurance company, announced the acquisition of Bitsure, the world’s first insurer dedicated to coverage for crypto mining operations. Launched in 2021, Cape Town, South Africa-based Bitsure bound its first mining policy in June of 2022, […]


Brokers

Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions

May 30, 2023

Via: Insurance Journal

Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later this quarter, were not disclosed. Founded in 2010, […]


Brokers

UK Broker Clear Group Acquires Irish Broker MBC Insurance

April 13, 2023

Via: Insurance Journal

The Clear Group, the London-based independent broker, announced the acquisition of Irish commercial broker McAuliffe Barry & Collins Ltd., which trades as MBC Insurance and Techinsure.ie. Clear has acquired 100% of MBC Insurance. Financial details of the deal were not […]


News

NFP Acquires UK Broker Gravity Risk Services

April 12, 2023

Via: Insurance Journal

NFP, a New York City-based property/casualty broker, announced it has acquired Gravity Risk Services Ltd., an insurance broker based in the West Midlands, England. Financial terms of the deal were not disclosed. NFP will integrate Gravity’s risk services into its […]


News

NSM Insurance Adds 3 Medical Stop Loss, Managed Care Specialty Firms

March 20, 2023

Via: Insurance Journal

Pennsylvania-based insurance program specialist NSM Insurance Group has completed its acquisition of three businesses that specialize in the field of medical stop loss insurance and managed care insurance. The firms are Sequoia Reinsurance Services in Minnesota, and IOA Re’s two […]


Brokers

Acrisure Acquires Affinity Brokers in Scotland

January 18, 2023

Via: Insurance Journal

Acrisure, which operates a global insurance broker, has acquired Affinity Brokers Limited, a commercial insurance broker based in Glasgow, Scotland. Founded in 2010 by Scott Meechan and Yvonne McKnight, Affinity has a specialty in jewellery and jewellers block. The business […]