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.
UPDATED: Fairfax Financial sells Singaporean insurance business for US$1.6 billion

UPDATED: Fairfax Financial sells Singaporean insurance business for US$1.6 billion

The Canadian insurance and investment company will net US$900 million of after-tax profit

Hellman & Friedman may sell stake in HUB International: report

Hellman & Friedman may sell stake in HUB International: report

The private equity firm originally bought the brokerage in 2013

Arthur J. Gallagher acquires Quebec-based brokerage

Arthur J. Gallagher acquires Quebec-based brokerage

GPL Assurance Inc. is located in Laval and Montreal

Brokers continue to merge in Ontario and Quebec

Brokers continue to merge in Ontario and Quebec

The changes lead to more brokers for McDougall Insurance and Financial and ESSOR Insurance

Two central Ontario brokerages launch Sentinel Risk Insurance Group

Two central Ontario brokerages launch Sentinel Risk Insurance Group

The companies already run a Toronto office together

Archway Insurance acquires MacCoy Insurance Brokers

Archway Insurance acquires MacCoy Insurance Brokers

The independent brokerage now has 22 locations in Atlantic Canada

Gore buys Howard Noble Insurance, promises brokers will stay independent: VP

Gore buys Howard Noble Insurance, promises brokers will stay independent: VP

The acquisition affects 42 employees of the Ontario-based brokerage

The Co-operators buys Quebec City brokerage

The Co-operators buys Quebec City brokerage

The move is a part of the insurer’s ongoing expansion in Quebec

Independence, employee respect behind Rogers Insurance partnership: Megson FitzPatrick CEO

Independence, employee respect behind Rogers Insurance partnership: Megson FitzPatrick CEO

Rogers’ minority stake in Megson FitzPatrick will grow over time

Four more brokerages for BrokerLink

Four more brokerages for BrokerLink

The company has added a total of 10 brokerages to its network in 2017

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