Business Moves

Business Moves

National Independence Pet Group Fairfax Independence Pet Group completed its acquisition of Fairfax Financial Holdings Ltd.’s U.S. and Canadian interests in the Crum & Forster Pet Insurance Group and Pethealth Inc. IPG purchased the pet insurers for $1.4 billion in …

Business Moves

National Oliver Wyman, Avascent Oliver Wyman has entered into an agreement to acquire Avascent, an aerospace and defense management consulting firm focused on the corporate and private equity sectors. The deal is expected to close before the end of the …

Business Moves

National RB Jones, Corvus Specialty risk broker RB Jones announced its marine and energy division has acquired the Smart Cargo Insurance business from Boston-based managing general agent Corvus Insurance. The Corvus ocean cargo product offers an insurtech product for temperature-sensitive …

Business Moves

National RB, Corvus Specialty risk broker RB Jones announced its marine and energy division has acquired the Smart Cargo Insurance business from Boston-based managing general agent Corvus Insurance. The Corvus ocean cargo product offers an insurtech product for temperature-sensitive cargo …

Business Moves

East Hilb, Cook & Co. Insurance broker The Hilb Group reports it acquired Massachusetts-based Cook & Company Insurance Services in Hanover. Cook & Co. offers health plan consulting and brokerage services to employers in New England, including a specialized focus …

Business Moves

National Applied Systems, Tarmika Applied Systems acquired Tarmika, a commercial lines rating solution that streamlines small business insurance. Tarmika will be integrated with Applied Epic and EZLynx. Over time, users can expect embedded commercial lines quoting capabilities powered by Tarmika …

Business Moves

National Lemonade, Metromile Digital insurer Lemonade said it has closed of the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction. Metromile shareholders received 7.3 million Lemonade shares, while Lemonade received a business with over $155 million in …

Business Moves

East Relation, Insurance Inc. Walnut Creek, California-headquartered Relation Insurance Services acquired the assets of Maryland-based Insurance Inc. Terms of the transaction were not disclosed. Insurance Inc. provides personal and commercial lines insurance and employee benefits throughout Maryland and is headquartered …

Business Moves

National Vertafore, MGA Systems Insurance technology vendor Vertafore reports it has acquired MGA Systems, a provider of software for managing general agencies based in Melville, New York. Vertafore said the acquisition gives its customers access to policy administration and rating …

Business Moves

National JAB, Fairfax, Crum & Forster, PetHealth JAB Holding Co. and Fairfax Financial Holdings Limited said JAB’s pet insurance business agreed to acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group and PetHealth Inc., including all …

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