The Jacobson Group, ejsSearch
The U.S. insurance industry employment firm The Jacobson Group is merging with London-based executive search company ejsSearch. The merger is expected to close during the second quarter of 2013.
“As the industry becomes more global in nature, there is an overwhelming demand for a single solution to insurance talent regardless of geographic location,” said Gregory Jacobson, co-CEO of The Jacobson Group.
The merged companies will operate under The Jacobson Group brand with Greg Jacobson and Richard Jacobson continuing to serve as co-CEOs. Barbara Schönhofer, chief executive of ejs, will join The Jacobson Group’s executive management team as senior vice president and chief executive officer, global executive search.
Integro, The Navigators Group
New York-based broker Integro announced the asset purchase of iTrade – a bonds and logistics brokerage unit from Navigators Management Company, part of The Navigators Group in Rye Brook, N.Y. Financial considerations were not disclosed.
The MEMIC Group
Portland, Maine-based workers’ comp insurer The MEMIC Group plans to open its first office in Florida in the second quarter of 2013. The MEMIC Group said its plan to market its workers’ comp product in Florida is an important step in the company’s growth down the Atlantic Seaboard. The insurer said it has leased office space in Tampa.
Confie Seguros, Cannello Agency
Confie Seguros, a national personal lines insurance brokerage network, acquired Cannello Agency in Niagara Falls, N.Y. Confie Seguros, a portfolio company of ABRY Partners, completed 22 acquisitions in 2012.
Markel, Alterra Capital
In February, shareholders of Glen Allen, Va.-based Markel Corp. and Alterra Capital Holdings in Bermuda voted in favor of all proposals necessary for the acquisition of Alterra by Markel. The merger, first announced in December 2012, is now expected to close in the second quarter of 2013.
Willis North America
Willis North America announced office expansions in Massachusetts. In Boston, Willis added 3,100 square feet of space to accommodate its 5 percent growth in headcount. Willis also signed a 5-year lease to occupy 8,000 square feet at a suburban facility in Billerica, Mass., to support the growth of Willis’ small and middle-market business.
Quaker Special Risk
Quaker Special Risk, an independent E&S brokerage firm with its principal Massachusetts office in Worcester, announced the opening of a new office in Boston. Founded in 1960, Quaker Special Risk also has offices in Eatontown, N.J., and West Palm Beach, Fla.
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