Agents & Brokers News

Ardonagh Group’s MDS Brazil to Acquire Brazilian Broker D’Or Consultoria

MDS Brazil, a subsidiary of Ardonagh-owned MDS Group and one of the country’s major brokers, announced it intends to acquire D’Or Consultoria, a health, dental, life insurance and pensions broker from Rede D’Or Sao Luiz. S.A. The transaction, which has …

Ardonagh Specialty Rebrands Reinsurance Business as ‘Price Forbes Re’

Ardonagh Specialty announced it is naming its reinsurance business Price Forbes Re. The renaming of Inver Re in London and Bermuda and Equinox Re in the US follows the simplification of Ardonagh Specialty’s multiple brands in 2023, with Price Forbes …

UK Broking and Underwriting Group, Jensten, Announces Strategic Restructuring

Jensten, the London-based independent insurance broking and underwriting group, announced a reorganization that aims to drive growth, bolster continued acquisitions, and expedite the integration of future acquisitions. This move closely follows the recent announcement of Jensten’s successful securing of £170 …

Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd.

Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced the acquisition of certain assets from 2197747 Alberta Ltd., which is in turn partially owned by Carianne O’Connor. Terms of the transaction were not disclosed. Located in Edmonton, …

Ardonagh to Acquire Australia’s PSC Insurance Group for A$2.3 Billion

Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Australia’s PSC Insurance Group Ltd., in a deal valued at A$2.3 billion (US$1.5 billion). PSC is a diversified insurance services group that operates brokerage businesses and …

Acrisure Expands UK Footprint With Two Deals in Southern England

Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, announced it has completed two acquisitions, expanding its southern England region, which is managed by Sutton Winson, Acrisure’s largest UK acquisition to date. Financial details of the two deals were …

Arthur J. Gallagher & Co. Buys Health Insurance Consultants Australia

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Melbourne, Victoria-based Health Insurance Consultants Australia (HICA). Terms of the transaction were not disclosed. HICA is a specialist health insurance consultancy and brokerage firm serving corporate …

Acrisure Acquires Scottish Broker WH&R McCartney

Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, announced it has acquired Scottish insurance broker, WH&R McCartney. Based in Motherwell and led by Graeme Robb and Alan Kirkwood, WH&R McCartney is a general commercial SME insurance broker operating …

Ardonagh to Acquire Italian Commercial Lines Business Mansutti S.r.l

The Ardonagh Group, the London-based insurance distribution platform, announced it has agreed to acquire Mansutti S.r.l, the commercial lines business of Italian insurance broker, Mansutti SpA. Financial details of the deal were not disclosed. Founded in 1925, Mansutti SpA, which …

UK’s Jensten Acquires Lift and Escalator Specialist Broker Robert Gerrard & Co.

Jensten is set to further scale its scheme and affinities business with the acquisition of UK broker Robert Gerrard & Co. The deal, which is subject to regulatory approval, will introduce a dedicated team of 19 professionals and an office …