JD Supra: Mergers

APRIL 5, 2024

This article addresses the legal and practical issues for lenders on leveraged buy-outs in relation to taking security over warranty and indemnity insurance policies. This article first appeared in the March issue of Butterworths Journal of International Banking and Financial Law. By: Hogan Lovells

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Insurance Securities Bank Banking 149

JD Supra: Mergers

FEBRUARY 20, 2024

State of the Market in Asia - The insurance brokerage market has emerged from the challenging financial conditions and geopolitical headwinds of 2023 as a bright spot that demonstrates resilience and promises great growth potential. By: Mayer Brown

Insurance 182

Insurance M&A 182

Deal Lawyers

SEPTEMBER 5, 2023

A recent Willis Towers Watson blog says that both debtors and potential buyers of distressed assets should consider using R&W insurance and the other transactional insurance solutions which have become staples of private M&A deals in other contexts as an alternative to traditional risk allocation for their transactions.

Insurance 120

Insurance M&A 120

Growth Business

DECEMBER 20, 2023

By Anna Jordan on Growth Business - Your gateway to entrepreneurial success In the early days of startups, it may seem like insurance cover is optional – but in some cases, it really isn’t. In the meantime, here is the best insurance cover for startups and why you need it. Does my startup need business insurance and why?

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Insurance Business Stock IT 84

The New York Times: Banking

FEBRUARY 16, 2024

Frequent natural disasters and high inflation have led insurers to raise premiums, and forced many customers to pare back their policies.

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Insurance Financial Institution Bank Banking 133

JD Supra: Mergers

NOVEMBER 28, 2023

Warranty and indemnity insurance (W&I) is a long-established feature of M&A transactions in Europe, especially with private equity sellers. Stapled W&I policies and synthetic policies will likely be increasingly common features of E&I transactions, although their feasibility should be assessed case by case.

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Insurance Private Equity M&A Equities 161

Sica Fletcher

MAY 8, 2024

Quite a few articles already detail the process of “how” to sell an insurance agency (you can read our article on that subject here ), but very few get to the bare bones of “why.” If you’re asking, “ should I sell my insurance agency,” the three big questions you must answer first are: Why Do I Want To Sell?

Insurance 52

Insurance M&A Valuation Advisory 52

PE Hub

OCTOBER 10, 2023

David H Coons Insurance Brokers is a family-owned insurance brokerage located in Burlington, Ontario. The post Westland Insurance snaps up David H Coons Insurance Brokers appeared first on PE Hub.

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Insurance Broker 82

PE Hub

FEBRUARY 29, 2024

Avant Insurance is a brokerage specializing in both personal and commercial lines. The post MDP-backed Navacord snaps up Avant Insurance appeared first on PE Hub.

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Insurance 84

Global Newswire by Notified: M&A

DECEMBER 7, 2023

07, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Foy Insurance Group (“Foy”) of Exeter, New Hampshire on December 1, 2023. Iselin, NJ, Dec. Terms of the transaction were not disclosed.

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Insurance Business IT 75

Growth Business

JANUARY 5, 2024

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success It’s clear that as a startup you will need insurance of some kind, but knowing exactly what insurance you need can be confusing at the start. Studies show that 44 per cent of UK SMEs have no commercial insurance. Who is it for?

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Insurance Healthcare Business Engineering 81

Sica Fletcher

APRIL 30, 2024

This article presents a step-by-step guide on how to value an insurance agency - both in the sense of how a valuation agency/M&A advisor goes about valuation, and also in terms of what insurance agency owners can do to maximize their valuation prior to running an M&A deal.

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Insurance Valuation M&A S&P 52

PE Hub

DECEMBER 20, 2023

GuideOne is a mutual insurance carrier founded in 1947. The post Bain Capital Insurance invests $200m in GuideOne to launch new insurance platform The Mutual Group appeared first on PE Hub.

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Insurance Capital Investment 87

Growth Business

JANUARY 23, 2024

These intangible ideas could be exceptionally valuable and underpin future growth and financial success – and they should be covered by intellectual property insurance. What is intellectual property insurance? Cases like these only serve to show why IP insurance is so important in today’s business environment.

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Insurance Underwriting Business Risk Management 100

TechCrunch: M&A

JULY 12, 2023

Coalition offers cybersecurity insurance products that take advantage of proactive cybersecurity tools. More recently, Jumbo partnered with IdentityForce to offer identity theft insurance in the U.S. It is acquiring a team (or maybe just a part of the team) that has been focused on privacy and security for several years.

Insurance 162

Insurance Valuation Accountant IT 162

Global Banking & Finance

SEPTEMBER 27, 2023

UK’s Hiscox to sell Singapore and Thailand insurance business (Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore and Thailand, to Ignite Thailand Holdings following a strategic review. Reporting by […]

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Insurance Business IT 124

JD Supra: Mergers

AUGUST 14, 2023

Given the current state of the market, deal flow is down and, therefore, so is the number of submissions getting sent to representations and warranties insurance (RWI) underwriters. Underwriters are poised to strike when the market picks back up again but, in the meantime, where does that leave us? By: Woodruff Sawyer

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Insurance Underwriting 130

JD Supra: Mergers

JULY 13, 2023

During the second quarter of 2023, LP’s insurance brokerage team surveyed many respected professionals in the insurance brokerage M&A industry, including M&A advisors and highly acquisitive buyers. All are experienced in the industry and regularly work on 10+ transactions in any given year. By: Levenfeld Pearlstein, LLC

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M&A Insurance Acquisitions 130

JD Supra: Mergers

MAY 24, 2023

Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset. Woodruff Sawyer is a market leader for. By: Woodruff Sawyer

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IPO Insurance Initial Public Offering Mergers and Acquisitions 136

Business Standard - FInance

JUNE 9, 2023

Regulator Irdai on Friday said it has given permission to Go Digit Life Insurance Limited to carry the life insurance business in India. Go Digit, a firm backed by Canada-based Fairfax Group, is already in the general insurance business.

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Insurance Business IPO IT 94

Deal Lawyers

OCTOBER 5, 2023

R&W Insurance is a standard feature in private company transactions, but this WTW blog discusses its use in take-private transactions involving public company targets. The blog highlights some of the complexities involved when using RWI in these transactions and methods for addressing the issues they present.

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Insurance IT 111

Cisco: M&A

MARCH 12, 2024

Those who experienced “then” and “now” first-hand in the Insurance Claim business might be even more amazed at the profoundly po… Read more on Cisco Blogs Think of how much digital channels and the contact center have evolved.

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Insurance Collaboration Business Financial Services 98

Deal Lawyers

JULY 5, 2023

Woodruff Sawyer recently published its 2023 Guide to Representations & Warranties Insurance, which provides an overview of current market conditions, policy terms and considerations for potential purchasers of RWI.

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Insurance IT 135

PE Hub

JUNE 6, 2023

Mycor Insurance and Murphy Insurance are Canadian property and casualty insurance brokerages. The post Westland snaps up Mycor Insurance Solutions, Murphy Insurance Services appeared first on PE Hub.

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Insurance 78

PE Hub

SEPTEMBER 19, 2023

Insurance Matters is a residential, commercial, farm and auto insurance brokerage with operating in Saskatchewan. The post Westland Insurance acquires Saskatchewan’s Insurance Matters appeared first on PE Hub.

Insurance 59

Insurance 59

JD Supra: Mergers

AUGUST 24, 2023

On December 4, 2019, the insured media company merged with another media company. Stockholders brought several lawsuits challenging the merger and asserted claims for breach of fiduciary duty against the insured’s directors, officers, and controlling stockholders for their roles in negotiating and.

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Insurance Media Negotiation Mergers 130

PE Hub

DECEMBER 14, 2023

Walnut Creek, California-based Relation is an insurance brokerage. The post Aquiline Capital-backed Relation buys Kane Insurance Agency appeared first on PE Hub.

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Insurance Capital 86

Sica Fletcher

APRIL 2, 2024

The following report examines the health and outlook for insurance M&A deals in 2024. We base this research on several key findings in our proprietary SF database, which observes and records data from the top ~400 insurance M&A buyers. Agency vs. Company: Which Is The Better Insurance M&A Deal?

Insurance 52

Insurance M&A S&P Broker 52

PE Hub

SEPTEMBER 13, 2023

Smith & Reid Insurance Brokers and O’Neil Insurance Brokers are both headquartered in Ottawa. The post Eurazeo-backed BMS picks up two Canadian insurance brokers appeared first on PE Hub.

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Broker Insurance 99

PE Hub

OCTOBER 26, 2023

D’Onofrio Insurance is an agency providing commercial and personal insurance to clients in the region. The post PE-backed Hub International buys D’Onofrio Insurance assets appeared first on PE Hub.

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Insurance 87

Successful Acquisitions

NOVEMBER 2, 2023

Capstone Strategic Advises Achieva Credit Union on the Purchase of Cannella Insurance Services Capstone Strategic, Inc. Capstone) announced today that Achieva Credit Union of Dunedin, Florida recently acquired Canella Insurance Services of Tampa. Cannella Insurance Services was founded in 2003 by Joseph H.

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Insurance Acquisitions Valuation Sale 110

Sica Fletcher

APRIL 18, 2024

is the most common question that we get from owners considering selling an insurance agency. This article seeks to cover the two most significant bases of selling an insurance agency - price and equity - to offer readers a more holistic sense of a positive deal structure. This is the natural consequence of getting an immediate payout.

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Insurance Equities M&A Finance 52

Growth Business

DECEMBER 20, 2023

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success If you’re a start-up in the construction or engineering industry, you may have come across an insurance product called delay insurance for start-ups – also known as DSU or Advanced Loss of Profits. This insurance is not taken out on its own.

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Insurance Business Engineering Profitability 57

Sica Fletcher

APRIL 11, 2024

This article examines the most common types of insurance agency sellers, which we break down into two distinct categories: the owners - agency CEOs and founders - and the partners - professionals in charge of overseeing a sale to ensure the best outcome.

Insurance 52

Insurance Advisory M&A Investment Banking 52

Global Banking & Finance

SEPTEMBER 6, 2023

Beyond Traditional Insurance: The 831(b) Plan’s Response to Market Challenges By Van Carlson, Founder and CEO of SRA 831(b) Admin The Hardening of an Insurance Market: Then and Now The insurance market operates in cycles, influenced by a myriad of factors.

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Insurance Profitability Finance Finance 111

PE Hub

AUGUST 22, 2023

The post Goldman Sachs to invest in insurance brokerage World Insurance Associates appeared first on PE Hub. In addition to its equity investment alongside World's existing backer Charlesbank, Goldman Sachs is also leading debt financing in World.

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Insurance Investment Debt Finance 72

Sica Fletcher

MARCH 28, 2024

The following report contains our observations of insurance M&A trends in 2024. However, volume and value in the insurance sector remained remarkably stable. As insurance M&A enters into the 2020s, however, buyers are looking at several additional factors that speak to an agency’s more intangible qualities.

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M&A Insurance Mergers and Acquisitions Advisory 52