M&A Deal Summary

Chubb Acquires Healthy Paws

On April 22, 2024, Chubb acquired insurance company Healthy Paws from Aon

Acquisition Highlights
  • This is Chubb’s 3rd transaction in the Insurance sector.
  • This is Chubb’s 3rd transaction in the United States.
  • This is Chubb’s 1st transaction in Washington.

M&A Deal Summary

Date 2024-04-22
Target Healthy Paws
Sector Insurance
Buyer(s) Chubb
Sellers(s) Aon
Deal Type Divestiture

Target

Healthy Paws

Bellevue, Washington, United States
Healthy Paws is a managing general agent (MGA) specializing in pet insurance serves more than 500,000 dogs and cats in the U.S. The company provides program and claims administration via a digital proprietary platform. Healthy Paws was founded in 2009 and is based in Bellevue, Washington.

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Buyer(S) 1

Buyer

Chubb

Warren, New Jersey, United States

Category Company
Founded 1882
Sector Insurance
Employees10,200
Revenue 14.1B USD (2014)
DESCRIPTION

Chubb Group of Insurance Companies have provided property and casualty insurance products to customers around the globe. These products are offered through a worldwide network of independent agents and brokers. The Chubb Group of Insurance Companies is known for financial strength, underwriting and loss-control expertise, tailoring products for the needs of high-net-worth individuals and commercial customers in niche markets and select industry segments, and outstanding claim service.


DEAL STATS #
Overall 3 of 3
Sector (Insurance) 3 of 3
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-03 Personal Lines Insurance Brokerage

United States

Personal Lines Insurance Brokerage provides a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices .

Sell -

Seller(S) 1

SELLER

Aon

Dublin , Ireland

Category Company
Founded 1919
Sector Insurance
Employees50,000
Revenue 13.4B USD (2023)
DESCRIPTION
Aon's offices in downtown Sydney, Australia.
Aon's offices in downtown Sydney, Australia.

Aon is a provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing. Aon serves clients through two segments, Risk Solutions and HR Solutions. Risk Solutions acts as an advisor and insurance and reinsurance broker, helping clients manage their risks via consultation, as well as negotiation and placement of insurance risk with insurance carriers through our global distribution network. HR Solutions partners with organizations to solve their most complex benefits, talent and related financial challenges, and improve business performance by designing, implementing, communicating and administering a wide range of human capital, retirement, investment consulting, health care, compensation and talent management strategies. Aon was founded in 1919 and is based in Dublin, Ireland.


DEAL STATS #
Overall 19 of 20
Sector (Insurance) 7 of 7
Type (Divestiture) 19 of 20
State (Washington) 2 of 2
Country (United States) 11 of 12
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-07 Humn.ai

Leeds, United Kingdom

Humn.ai is an AI-powered Platform that uses science and data in the precision insurance solution. The company improves road safety by building a risk & insurance platform Rideshur. Rideshur tracks thousands of environmental & behavioral data points in real-time, providing transportation risk modeling capabilities. Humn.ai is based in Leeds, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-29 Townsend Group

Cleveland, Ohio, United States

Townsend Group provides global real estate and real asset investment advisory services. The company offers complementary asset management, advisory, and capital solutions to LPs and GPs via funds, secondaries, co-investments, and direct investments. It advises global public and private pension plans, insurers, sovereign wealth funds, endowments, and foundations. Townsend Group was established in 1983 and is based in Cleveland, Ohio.

Sell -