M&A Deal Summary |
|
|---|---|
| Date | 2021-06-10 |
| Target | Noblr |
| Sector | Insurance |
| Buyer(s) | United Services Automobile Association |
| Sellers(s) | White Mountains |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1922 |
| Sector | Insurance |
| Employees | 25,800 |
United Services Automobile Association family of companies provides insurance, banking, investments, retirement products, and advice to more than 12.7 million current and former members of the U.S. military and their families. Known for a legendary commitment to members, USAA consistently is recognized for outstanding service, employee well-being, and financial strength. USAA membership is open to all who are serving our nation in the U.S. military or have received a discharge type of Honorable – and their eligible family members. Founded in 1922, USAA is headquartered in San Antonio, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-25 |
United Services Automobile Association - Investment Management Company
San Antonio, Texas, United States United Services Automobile Association - Investment Management Company offers financial advice and a wide range of investment products and services to meet members' needs at every stage of life and consistently earns the highest ratings from independent agencies and research organizations for its investment performance and exceptional level of customer service. |
Sell | $1.8B |
| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Insurance |
| Employees | 893 |
| Revenue | 2.4B USD (2024) |
White Mountains is a domiciled financial services holding company with business interests in property and casualty insurance and reinsurance. White Mountains was founded in 1980 and is based in Hamilton, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 8 |
| Sector: Insurance M&A | 3 of 5 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: California M&A | 4 of 4 |
| Country: United States M&A | 5 of 7 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-01 |
Ark Syndicate Management
London, United Kingdom Ark Syndicate Management Ltd. manages the underwriting of syndicates 4020 and 3902 at Lloyd's. The syndicates underwrite a diversified and balanced portfolio of reinsurance and insurance business, including property, accident & health, energy, marine, and political risks. Ark's high-quality underwriting teams are experts in their specialist areas, have a clear understanding of the needs of their clients and producers, and build business relationships for the long term. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-09 |
NSM
Conshohocken, Pennsylvania, United States NSM is a full-service MGA and program administrator for specialty property & casualty insurance. The company places insurance in niche sectors such as special transportation, social services, real estate, and pet. On behalf of its insurance carrier partners, NSM typically manages all aspects of the placement process, including product development, marketing, underwriting, policy issuance, and claims. NSM was established in 1990 and is headquartered in Conshohocken, Pennsylvania. |
Sell | $1.8B |
