Business Moves & Mergers News

Sedgwick Acquires Maritime Claims Firm Nautilus

Global claims services firm Sedgwick recently acquired the assets of Nautilus Investigations, a South Florida-based firm with a specialty in maritime claims, incidents and casualties, particularly yachts and personal watercraft. Nautilus adjusts and investigates all types of marine incidents, serving …

McLarens Acquires Energy Claims Specialist LWI in London

Atlanta-based global insurance claims management firm McLarens reported it has acquired London-based Lloyd Warwick International (LWI), a provider of global specialty loss and insurance adjusters. McLaren purchased the firm from LWI employees and Crawford & Co. Financial terms of the …

Sedgwick Closes on Acquisition of York Risk Services

Insurance and benefits claims firm Sedgwick said it has completed its purchase of York Risk Services Group, which offers claims administration, managed care and loss adjusting services. The acquisition plan was first announced in July. The purchase marks Sedgwick’s third …

Aon Quits Pursuit of Willis Towers Watson Merger

Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the early stages of …

Aon Weighing Bid to Buy Willis Towers Watson

Aon Plc is considering an offer to buy rival insurance brokerage Willis Towers Watson Plc, according to people familiar with the matter, in what could be the industry’s largest ever merger. Bloomberg reported that Aon is preparing to submit a …

M&A News: CRS/Klein & Co., Eberl/Carwood Claims, Verisk/Rulebook

CRS Temporary Housing Announces Merger with Klein & Company In partnership with GenNx360 Capital Partners, CRS Temporary Housing merged with Klein & Company on November 30, 2018. Founded in 1995 and based in Golden, Colo., Klein & Co. provides hotel …

Business News: Arbella, LexisNexis Risk Solutions, IICF

Arbella Launches Free Safe Driving Mobile App The Arbella Insurance Group, in partnership with Cambridge Mobile Telematics (CMT), announced the launch of Wheel Focused, a telematics-based solution proven to change driver behavior through real-time feedback, personalized data and insights, and …

Business News: ClaimRide, Symbility, Agero, Starr Companies

ClaimRide Partners With Turo in the Vehicle Replacement Market ClaimRide, the leading facilitator of TNC services for the insurance industry, announced a partnership with leading P2P carsharing marketplace, Turo. Under the alliance, ClaimRide will now offer Turo as a replacement …

Business News: Chubb, The Guarantee, NORCAL Mutual

Chubb Introduces New Workers’ Compensation System for Small Businesses A new online system from Chubb will help independent agents quote and issue a comprehensive workers’ compensation policy for small businesses. Chubb’s workers’ compensation policy for small business owners is designed …

Business News: QBE, Chubb, Verisk Analytics

QBE Inland Marine Launches New Liability Insurance for Motor Carriers in the Logistics and Transportation Industry Australia-based QBE North America, an operating division of global insurer QBE Insurance Group Limited, announced the launch of The Solution for Motor Truck Cargo …