M&A Deal Summary |
|
|---|---|
| Date | 2017-05-07 |
| Target | Blue Hill Specialty Insurance |
| Sector | Insurance |
| Buyer(s) | Progressive |
| Sellers(s) | Hiscox |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1937 |
| Sector | Insurance |
| Employees | 66,308 |
| Revenue | 75.3B USD (2024) |
Progressive of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it's most convenient for them. Progressive was founded in 1937 and is based in Mayfield Village, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector: Insurance M&A | 3 of 4 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 3 of 4 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-17 |
American Strategic Insurance
St. Petersburg, Florida, United States American Strategic Insurance specializes in personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance. |
Buy | $875M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-01 |
Protective Insurance
Carmel, Indiana, United States Protective Insurance is a provider of transportation and logistics companies with customized insurance products, exceptional claims experiences, and access to training, consulting, and technology to improve safety and manage risk. Protective Insurance is based in Carmel, Indiana. |
Buy | $338M |
Hiscox Ltd. (Formerly Hiscox Dedicated) was a Lloyd’s of London company established to participate in the underwriting capacity of the four in-house Hiscox syndicates. The Hiscox syndicates had a good performance track record and a combined capital of £376 million, making them the fourth largest managing agency group. Two syndicates were Marine and two were Non-Marine.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-26 |
Willis
Brentwood, United Kingdom RH Specialist Insurance has provided specialist vintage and classic car insurance to owners and collectors for more than 35 year. |
Buy | - |
