M&A Deal Summary

Alliant Insurance Services Acquires QBE Holdings

On January 20, 2015, Alliant Insurance Services acquired insurance company QBE Holdings from QBE for 300M USD

Acquisition Highlights
  • This is Alliant Insurance Services’ 10th transaction in the Insurance sector.
  • This is Alliant Insurance Services’ largest (disclosed) transaction.
  • This is Alliant Insurance Services’ 15th transaction in the United States.
  • This is Alliant Insurance Services’ 5th transaction in New York.

M&A Deal Summary

Date 2015-01-20
Target QBE Holdings
Sector Insurance
Buyer(s) Alliant Insurance Services
Sellers(s) QBE
Deal Type Divestiture
Deal Value 300M USD

Target

QBE Holdings

New York, New York, United States
QBE Holdings, Inc. is a provider of property and casualty, specialty, crop, and financial institutions insurance and reinsurance products and services.

Search 200,291 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Alliant Insurance Services

Irvine, California, United States

Category Company
Founded 1925
Sector Insurance
DESCRIPTION

Alliant Insurance Services is a retail insurance broker providing property and casualty insurance and employee benefits products to over 15,000 commercial middle market clients nationwide. Alliant Insurance Services was founded in 1925 and is based in Newport Beach, California.


DEAL STATS #
Overall 15 of 69
Sector (Insurance) 10 of 52
Type (Divestiture) 1 of 4
State (New York) 5 of 7
Country (United States) 15 of 67
Year (2015) 2 of 7
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 American Benefits Consulting

New York, New York, United States

American Benefits Consulting, provides employee benefits consulting services across four business segments, voluntary benefits, group insurance, executive benefits, and international benefits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-04 Kassa Insurance Services

Spokane, Washington, United States

Kassa Insurance Services, Inc. is a insurance agency provides personal lines and commercial insurance products and services to clients throughout the Inland Northwest.

Buy -

Seller(S) 1

SELLER

QBE

Sydney, Australia

Category Company
Founded 1886
Sector Insurance
Employees13,479
Revenue 17.4B USD (2023)
DESCRIPTION

QBE is a general insurance and reinsurance companies, with operations in all the key insurance markets.The company underwrites commercial and personal lines classes of business through operations in 45 countries. QBE was founded in 1886 and is based in Sydney, Australia.


DEAL STATS #
Overall 2 of 5
Sector (Insurance) 2 of 5
Type (Divestiture) 2 of 5
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2015) 1 of 4
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-07 HSBC La Buenos Aires Seguros S.A

Ciudadela, Argentina

HSBC La Buenos Aires Seguros S.A offers property and casualty insurance products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-16 CHU Underwriting Agencies Pty

Milsons Point, Australia

CHU Underwriting Agencies is a provider of underwriting residential, commercial, and community title strata insurance schemes.

Sell -