M&A Deal Summary |
|
|---|---|
| Date | 2025-07-01 |
| Target | Aerospace Insurance Managers |
| Sector | Aerospace |
| Buyer(s) | Bishop Street Underwriters |
| Sellers(s) | Hallmark Financial |
| Deal Type | Divestiture |
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Bishop Street Underwriters is a Managing General Agent and program administrator for specialty property & casualty insurance. Bishop Street Underwriters is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Aerospace M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-25 |
Landmark Underwriting
London, United Kingdom Landmark Underwriting provides multi-disciplined product offerings, globally to brokers and clients, with a dedicated focus on complex and specialty (re)insurance across multiple classes including professional indemnity, property, directors and officers, general liability, and marine. Landmark Underwriting was founded in 2017 and is based in London, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-07 |
Avid Insurance Services
Leeds, United Kingdom Avid Insurance Services is a specialist insurance intermediary and managing general agent. With operations in Leeds and London, Avid has underwriting and sector expertise, particularly in the travel and social housing sectors, to expertly price and manage risks to deliver profitable business to its insurers. Avid Insurance Services was formed in 2006 and is headquartered in Leeds, United Kingdom. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Insurance |
| Employees | 257 |
| Revenue | 160M USD (2022) |
Hallmark Financial is an insurance holding company engages in the sale of property/casualty insurance products to businesses and individuals. Hallmark's business involves marketing, distributing, underwriting and servicing commercial insurance, personal insurance and general aviation insurance, as well as providing other insurance related services. Hallmark Financial was founded in 1987 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Aerospace M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 2 of 2 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-07 |
Hallmark E&S
Dallas, Texas, United States Hallmark E&S provides Excess & Surplus Lines Operations that distributes through the wholesale insurance brokerage channel and are comprised of the Commercial Auto business unit which offers primary and excess commercial vehicle insurance products and services; the E&S Casualty business unit which offers primary and excess liability, excess public entity liability and E&S package and garage liability insurance products and services; the E&S Property business unit which offers primary and excess commercial property insurance for both catastrophe and non-catastrophe exposures; and the Professional Liability business unit which offers healthcare and financial lines professional liability insurance products and services primarily for businesses, medical professionals, medical facilities and senior care facilities. |
Sell | $40M |
