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The transactions outstanding 2018



17 December, 2018 09:30

Photo : Freepik

When the year 2018 comes to a close, the Journal of the insurance offers to you to read or re-read 10 transactions highlights of 2018. While the tendency of insurers who acquire general agents continues, many want to diversify their business to grow.

ai acquires a general agent

The industry is witnessing a trend where insurers acquires general agents. iA financial Group is no stranger to this movement, so that the insurer has acquired PPI in February last.

For more information :

iA financial Group buys PPI

ai acquires an MGA to strengthen PPI in the west

Two major technology providers combine

Equisoft has acquired Kronos Technologies last April. The integration of products of Kronos allows Equisoft to offer a single integrated solution, ” explained Luis Romero, founder and president of Equisoft.

For more information :

Equisoft acquires Kronos Technologies

Echelon Insurance changes hands

The holding company which owned Echelon Insurance, Step Financial Holdings, has sold its canadian subsidiary to CAA Club Group for an amount of $ 175 million. A vote to approve the transaction by the shareholders of the company to be held in January, then close to the mid-year 2019.

For more information :

Echelon Insurance sold to CAA Club Group

Marsh acquires a major brokerage firm

Jardine Lloyd Thompson Group (JLT) is spent in the bosom of the Marsh & McLennan in September last year. Marsh has acquired the firm for a sum of 5.6 billion us dollars. The strong organic growth of JLT and its geographic diversification are among the factors that have tipped the balance in Marsh.

For more information :

Marsh acquires Jardine Lloyd Thompson

Lussier Dale Parizeau added human resources to its services

The acquisition of the firm Trinome Advice by Lussier Dale Parizeau last July has enabled the latter to add several new expertise, including actuarial consulting and human resources, in addition enhance its sector of the insurance collective.

For more information :

Lussier Dale Parizeau acquires Trinome Conseils

A giant acquires another

AXA has acquired XL in march last for the sum of $ 15.3 billion. This transaction is part of the strategy ambition AXA, she said, aimed to promote the products, allowing for more interactions with the customers. AXA has also meant that it intends to accelerate its divestiture of its u.s. operations existing.

For more information :

AXA acquired the XL Group

Deslauriers & Associés continues its expansion

Deslauriers & Associés continues its growth strategy through the acquisition of the brokerage firm of Renaud Insurance. The latter is attached to the Sewing-Rochette & Associates, another firm acquired by the Group, Deslauriers & Associates and its owner, Yan Charbonneau. The premium volume of the Group amounted to $ 85 million.

For more information :

The Group, Deslauriers & Associates acquires Renaud Insurance

AIG comes back on in the saddle from the point of view of acquisitions

AIG has put an end to his hiatus of over two years of acquisition by purchasing Validus Holdings, a reinsurer in Bermuda. The transaction amounted to 5,56 billion dollars.

For more information :

First acquisition in more than two years for AIG

A wholesaler acquires another

The wholesaler Groupassur has acquired William J. Henry, another wholesaler. It was the first transaction to the first. Groupassur has added $ 4 million to its volume of premiums and contracts with insurers with whom it did not matter.

For more information :

Groupassur acquires the wholesaler William J. Henry

Hub continues its momentum

The firm Hub International has surpassed the 20 acquisitions in Canada in 2018. A total of 50 transactions were concluded during the year. The firm also has a new canadian investor, the investment fund Atlas Partners. The latter holds a minority interest in Hub, while Hellman & Friedman remains the majority shareholder.

For more information :

Hub acquires the volume of a broker montreal

Hub acquires a firm in ontario

Hub acquires a firm in alberta

Hub acquires a quebec cabinet benefits

Hub continues its growth strategy in collective

Hub buys a general agent canadian

Hub acquires a firm in ontario

Hub continues its momentum

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