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.
Intact announces leadership changes

Intact announces leadership changes

Jean-Francois Blais will retire as president of Intact effective Jan. 1

Montreal-based brokerages Fort and ABZ announce merger

Montreal-based brokerages Fort and ABZ announce merger

Fort president Stephan Bernatchez sees growth opportunities in Quebec, Ontario and Alberta

Insurance brokerages McDougall and Mink announce merger

Insurance brokerages McDougall and Mink announce merger

All members of the Mink team will remain with the organization

State Farm’s Canadian operations to be rebranded as Desjardins Insurance

State Farm’s Canadian operations to be rebranded as Desjardins Insurance

Clients of State Farm will retain their current agents through the transition

Navacord Inc. welcomes Calgary’s Toole Peet Insurance to its broker network

Navacord Inc. welcomes Calgary’s Toole Peet Insurance to its broker network

The brokerage will continue to operate under its current name and leaders

Smooth transition for Trisura’s new surety business after deal with RSA Canada: Trisura CEO

Smooth transition for Trisura’s new surety business after deal with RSA Canada: Trisura CEO

Mike George speaks to CITB about engaging with brokers after the announcement

Intact focused on being an “international player”: IBAO 2017

Intact focused on being an “international player”: IBAO 2017

The insurer acquired U.S.-based OneBeacon last month

Gore Mutual CEO talks brokerage acquisitions: IBAO 2017

Gore Mutual CEO talks brokerage acquisitions: IBAO 2017

The insurer acquired Howard Noble Insurance earlier this year

Insurance distribution M&A “highly active” in Q3: Optis Partners

Insurance distribution M&A “highly active” in Q3: Optis Partners

Hub International and Gallagher are two of the top five buyers for the current year

Willis Towers Watson to sell its telematics solutions

Willis Towers Watson to sell its telematics solutions

The deal has the company’s global telematics leader joining the buyer, Octo Telematics

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Transcontinental Media G.P.