Mergers & Acquisitions

Mergers & AcquisitionsInsurance industry M&A activity has moved beyond just insurers and brokers. Other vendors to the industry--such as tech companies, claims adjusters and restoration firms--are consolidating dominant positions by buying companies that expand their service offerings and broaden their reach.
Moore-McLean and Gateway form joint company

Moore-McLean and Gateway form joint company

Moore-McLean Gateway Insurance Group will have Toronto and Halifax offices

Ellen Moore to lead Ace-Chubb’s Canadian operations

Ellen Moore to lead Ace-Chubb’s Canadian operations

In addition to the Toronto office, the company will have Canadian branches in Montreal, Calgary and Vancouver

The Co-operators acquires Ottawa brokerage

The Co-operators acquires Ottawa brokerage

Carleton Insurance Brokers’ portfolio includes personal and commercial policies

Zurich won’t overpay for RSA: CEO

Zurich won’t overpay for RSA: CEO

In the first half of 2015, Zurich’s operating profit in its general insurance unit fell 31 percent.

A.M. Best: Low interest rates spurring on reinsurance M&A

A.M. Best: Low interest rates spurring on reinsurance M&A

Smaller reinsurers and brokers are most likely to suffer from the takeover deals.

Willis Group merges with Towers Watson

Willis Group merges with Towers Watson

“We will advise over 80 percent of the world’s top-1000 companies.”

Hub acquires two Canadian home warranty companies

Hub acquires two Canadian home warranty companies

Both teams will keep working out of their Alberta and B.C. offices

XL Catlin names post-merger execs

XL Catlin names post-merger execs

Charles Cooper (Bermuda), Jonathan Gale (London) and John Welch (North America) will take the reins

A.M. Best: Continued M&A activity among reinsurers in 2015

A.M. Best: Continued M&A activity among reinsurers in 2015

Companies working in many markets and geographies will be most competitive

Three Quebec Brokerages Will Merge to Form EGR

Three Quebec Brokerages Will Merge to Form EGR

New entity will be one of five largest brokerages in its niche in Quebec

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