Business Moves

Business Moves

National Carlyle, Alera Group New York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Ill.-based Alera Group, the property and casualty, employee benefits insurance broker that is a privately-held company and backed by Genstar Capital and …

Business Moves

National Aon, Wills Towers Watson Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to combine with Willis in an all-stock deal …

Business Moves

East World Insurance Associates, Millennium Medical Solutions Corp. World Insurance Associates LLC acquired Millennium Medical Solutions Corp. of Armonk, N.Y., on June 1, 2020. Millennium Medical Solutions Corp. is an employee benefits consulting boutique agency that specializes in commercial healthcare. …

Business Moves

East NFP, Team Scotti Insurance broker NFP has acquired LFG Inc., which does business as Team Scotti. The transaction closed effective Dec. 1. Team Scotti, based in Pittsburgh, Penn., and founded in 1987, is a national insurance broker offering insurance …

Business Moves

National Ryan Specialty Group, All Risks Two of the largest property/casualty insurance wholesalers are looking to merge. The deal will unite Chicago-based Ryan Specialty Group and its nearly $12 billion in premium, and All Risks, headquartered in Delray Beach, Florida, …

Business Moves

East High Street Insurance Partners, Gates-Cole Associates Traverse City, Michigan-based High Street Insurance Partners has acquired Gates-Cole Associates in New Hartford, New York. Financial details of the transaction were not disclosed. Gates-Cole Associates is a central New York-based insurance agency …

Business Moves

East Alera Group, Georgetown Insurance Services Alera Group, a national employee benefits, property/casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc. The Georgetown Insurance team will continue serving clients in their current roles following the acquisition. …

Business Moves

National Altamont Capital, Topa Insurance The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners signed an agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its long-time owner, Topa …

Business Moves

National Paragon, Trident Public Risk Solutions, Argo Paragon Insurance Holdings, a national managing general agency, said it has closed on the previously-announced purchase of Trident Public Risk Solutions from Argo Group. Trident provides insurance and risk management services for public …

Business Moves

East The Hilb Group, D.F. Dwyer & Associates The Hilb Group LLC has acquired certain assets of Rhode Island-based D. F. Dwyer & Associates LLC. The transaction became effective February 1, 2020. Based in Newport, R.I., DFD provides a full …

Business Moves Archives by Month