Business Moves

Business Moves

National American Financial Group, Crop Risk Services American Financial Group Inc. and American International Group entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) from AIG. Under the terms of the transaction, AFG will pay AIG …

Business Moves

National Arch, Thimble Arch Insurance has acquired Thimble, an insurtech platform that enables small businesses to get insurance coverage by the job, month or year using app, website, or over the phone. Terms were not disclosed. Arch said the acquisition …

Business Moves

National NSM, Sequoia Reinsurance Services, Rockport Benefits, Insurance Resources and Auditing Services Pennsylvania-based insurance program specialist NSM Insurance Group completed its acquisition of three businesses that specialize in the field of medical stop loss insurance and managed care insurance. The …

Business Moves

East NSM Pennsylvania-based insurance program specialist NSM Insurance Group has completed its acquisition of three businesses that specialize in the field of medical stop loss insurance and managed care insurance. The firms are Sequoia Reinsurance Services in Minnesota, and IOA …

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National Stone Point, Truist Insurance Truist has agreed to sell a 20% stake in its insurance brokerage business to private equity firm Stone Point Capital for $1.95 billion. Mubadala Investment Co. and other co-investors are participating with Stone Point in …

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National Granada Financial, Topa Insurance Group Granada Financial Group entered into a definitive agreement to acquire the controlling interest in Topa Insurance Group from long-time owner, Anderson Holdings. The transaction is subject to customary closing conditions, including regulatory approvals. While …

Business Moves

National Curi, Constellation Curi Holdings Inc. and Constellation Inc., two national providers of medical professional liability insurance, signed an agreement to merge. Curi CEO Jason Sandner will remain CEO of Curi Holdings. Constellation President and CEO Ryan Crawford will serve …

Business Moves

National Howden Group, TigerRisk Partners Howden Group Holdings has completed its acquisition of TigerRisk Partners to create the “world’s fourth largest global reinsurance broker.” In June 2022, Howden Group announced the purchase of Stamford, Conn.-based TigerRisk — a risk, capital …

Business Moves

East Marsh McLennan, HMS Insurance Marsh McLennan Agency, a subsidiary of global insurance broker Marsh, acquired Hunt Valley, Maryland-based HMS Insurance Associates Inc. Founded in 1943, HMS provides businesses and individuals in the Mid-Atlantic region with property/casualty insurance, surety, group …

Business Moves

East Hilb, Vinton Insurance Services The Hilb Group acquired Towson, Maryland-based Vinton Insurance Services, building on the company’s growing presence in the Mid-Atlantic region and further expanding its employee benefits business. Peter Vinson and his team will join with Hunt …

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