Business Moves

Business Moves

East Hub International Limited, Triester, Rossman & Associates Hub International Limited, a global insurance brokerage, has acquired Triester, Rossman & Associates Inc. Located in King of Prussia, Penn., TRA Insurance Solutions is an independent insurance firm providing clients with commercial …

Business Moves

National Aon, Willis Towers Watson Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion. Under the terms of the agreement unanimously …

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National ProAssurance, NORCAL Healthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL’s demutualization in a $450 million transaction. Based on available estimates of premium, the combination of these companies is …

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National Tokio Marine, Pure Group Tokio Marine Holdings has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as Pure Group. The deal was announced last October. The acquisition price was $3.1 billion. The deal was completed through …

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East The Hilb Group, Kerr-Boswell, Wickford Insurance Agency The Hilb Group LLC has acquired Virginia-based Kerr-Boswell Inc. For more than 60 years, KB has provided employee benefits, property/casualty, life, health and financial services to businesses and individuals throughout the Tri-Cities …

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National Bold Penguin, xagent Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for the standard and surplus lines business insurance market. The company said the xagent technology …

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National Cigna, New York Life Health insurer Cigna Corp. said has agreed to sell its disability insurance and accidental death coverage unit for company employees to New York Life Insurance Co for $6.3 billion. The company said it expects to …

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National MetLife, PetFirst MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that distributes its products through animal welfare agencies, direct-to-consumer channels and employers. Indiana-based PetFirst underwrites and administers pet health insurance policies and claims on behalf …

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National Aon, CoverWallet Global insurance broker Aon has agreed to acquire CoverWallet, a digital insurance platform for small and medium-sized businesses. No purchase price was disclosed. Founded in 2015 by technology entrepreneurs Inaki Berenguer and Rashmi Melgiri, CoverWallet has more …

Business Moves

East Brown & Brown of Massachusetts, Yozell Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Yozell. Founded in 1960 by Peter Yozell, Yozell Associates strives to provide its customers with value in group employee …

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