Arch Insurance North America completes acquisition of Allianz’s U.S. MidCorp and Entertainment Insurance Businesses
Acquiring Company
Arch Insurance North America
Acquired Company
Allianz Group
MunichEmployee BenefitsInsuranceFinancial ServicesInsuranceDescription
Arch Insurance North America, part of Arch Capital Group Ltd., has entered into a master transaction agreement to acquire the U.S. MidCorp and Entertainment insurance businesses, including select specialty insurance programs, from Allianz Global Corporate & Specialty SE (AGCS) for a $450 million cash consideration. This strategic acquisition is expected to enhance Arch Insurance's product suite, distribution relationships, and expand its presence in the U.S. middle market.
Quick answer
Arch Insurance North America is acquiring Allianz Group, announced April 5, 2024.
- How much did Arch Insurance North America pay for Allianz Group?
- The deal value was not disclosed.
- What does Arch Insurance North America do?
- Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.
- Where are Arch Insurance North America and Allianz Group based?
- Allianz Group is based in Munich, Bavaria, Germany.
- Who are the decision-makers at Arch Insurance North America?
- Fundz holds 3 contacts at Arch Insurance North America. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Employee Benefits and Insurance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Amwins to Acquire Connected Risk Solutions, LLC from BRP Group, Inc. (March 1, 2024)
- PIB Group Europa expands into Romanian insurance market through acquisition of Stein Bestasig Insurance Broker (April 16, 2024)
- Chedid Capital acquires remaining 20% stake in Groupe Ascoma (April 23, 2024)
- Gallagher acquires Fontenelle & Goodreau Insurance to strengthen Southeast retail property/casualty brokerage operations (April 19, 2024)
- Arthur J. Gallagher & Co. acquires Fontenelle & Goodreau Insurance, LLC to enhance commercial real estate capabilities (April 18, 2024)
- Hub International expands commercial and personal insurance capabilities with acquisition of Sale Insurance Agency, Inc. in Florida (April 3, 2024)
Who to call at Arch Insurance North America, and when
When Arch Insurance North America changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Arch Insurance North America raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Arch Insurance North America, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Arch Insurance North America. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Arch Insurance North America makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Allianz Group?
Allianz Group was acquired by Arch Insurance North America. The deal was reported on April 5, 2024. Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer. Arch Insurance North America is privately held and operates in Employee Benefits.
When did Arch Insurance North America acquire Allianz Group?
Arch Insurance North America's acquisition of Allianz Group was reported on April 5, 2024. Arch Insurance North America, part of Arch Capital Group Ltd., has entered into a master transaction agreement to acquire the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Allianz Group do?
Allianz Group is a global leader in insurance and financial services. The company provides a wide range of insurance products and services to customers around the world. Allianz aims to secure and enhance the lives of its clients through innovative solutions. It is privately held, operating in Financial Services, and is based in Munich.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.