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.
Tredd Group merges with BKI

Tredd Group merges with BKI

Toronto-based brokerage acquires Calgary-based insurance advisor

Hub Financial acquires BC-based MGA

Hub Financial acquires BC-based MGA

Complete Brokerage Services Inc specializes in independent life insurance and financial planning

Canadian M&A Update

Canadian M&A Update

MacDonald Chisholm Trask Insurance and National Brokers Insurance Services both complete acquisitions

Hub International announces two Canadian acquisitions

Hub International announces two Canadian acquisitions

Hub acquires book of business from Actra Fraternal Benefits Society and shares of STRATA Benefits Consulting

STRONE acquires TCR of Muskoka

STRONE acquires TCR of Muskoka

The acquisition will add soft contents restoration to STRONE’s service line-up

CBN enters wholesale business with purchase of South Western

CBN enters wholesale business with purchase of South Western

Acquisition is a ‘collaborative investment’ by all nine members of CBN

KKR acquires specialty insurance brokerage Alliant Insurance Services

KKR acquires specialty insurance brokerage Alliant Insurance Services

Terms of the deal not disclosed but transaction is expected to close in 4Q

Toronto-based Onex Corp. acquires insurance broker USI

Toronto-based Onex Corp. acquires insurance broker USI

Deal is valued at US $2.3 billion

Quote comparison M&A

Quote comparison M&A

Kanetix has acquired Insurance Hotline; the two companies will continue to run as separate brands

Demand for transitional risk insurance increases by 35% in 12 months

Demand for transitional risk insurance increases by 35% in 12 months

Businesses seek M&A protection: Marsh

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Transcontinental Media G.P.