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Earlier in the process, sources linked Sentry Insurance with a bid for the E&S insurer.
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Howden acquired a majority interest in Mexico’s Adrisa in 2020 and Grupo Ordas in 2017.
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According to its 2023 10-K, Gallagher spent $3.74bn on M&A activity.
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The Insurance Insider US news team runs you through some of the key M&A deals from the past week.
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Last year, this publication revealed that TPA SCM and Rimkus launched sales processes.
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The Insurance Insider US news team runs you through some of the key M&A deals from the past week.
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Work is underway to line up a supporting debt raise that could be ~$7bn.
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The insurer launched in Q4 2023 with $250mn of backing from Altamont.
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Agency deals declined 20% to 566, from 704 acquisitions in 2022.
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Koffie began work on a sale earlier this month following major layoffs.
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Overall broking M&A activity decreased to 782 takeovers from 1,031 deals in 2022.
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The Insurance Insider US news team runs you through some of the key M&A deals from the past week.