Independent (re)insurance intermediary BMS Group has completed the acquisition of UK-based broker David Roberts & Partners (DR&P).
M&A
Legacy specialist Darag has completed the sale of its North American and Bermudian operations to RiverStone Group.
Arthur J. Gallagher has continued its agency roll-up strategy with deals to acquire Austin, Texas-based Howe Insurance Group LLC, operating as DMc Insurance Partners and Portland, Oregon-based Durham & Bates Agencies, Inc. (Durham & Bates).
Louisiana-based workers' compensation carrier LWCC has acquired AM Best "A" rated sector rival Prescient National.
Generali has completed the previously announced sale of its Turkish insurance operations for an undisclosed sum.
Security software and service providers Arctic Wolf and BlackBerry Limited have entered into a definitive agreement in which Arctic Wolf will acquire BlackBerry’s Cylance endpoint security assets for $160mn in cash.
Carlyle-backed property casualty and employee benefits brokerage The Hilb Group acquired a P&C business in Texas, effective 1 December, expanding in the central region.
Afore Insurance Services has acquired Oviedo, Florida-based agency Block Insurance in a deal that gives the business new specialisation in the childcare insurance sector.
Arthur J Gallagher has acquired Indianapolis-based MJ Schuetz Insurance Services Inc in a transaction that expands its presence in the Midwest.
Bermuda-based specialty reinsurer Maiden Holdings has announced the sale of its Swedish subsidiaries, Maiden General Försäkring and Maiden Life Försäkring.
Ardonagh has landed an investment from private equity firm Stone Point Capital valuing the UK broker consolidator at $14bn (£11bn) in what it described as a landmark transaction.
Trucordia has acquired the insurance business of family-owned brokerage Richard King Insurance Agency, based in Powhatan, Virginia.
Hub International Limited has acquired the assets of Oregon-based agribusiness specialist Great Basin Insurance.
Private equity-backed broker King Risk Partners has acquired Duluth, Georgia-based insurance agency Talbert Insurance Services.
US retail broker Highstreet Insurance Partners has acquired Collum Insurance Group, LLC, a Richardson, Texas-based personal lines agency.
