Old National, Gettings Reed Financial Indiana-based Old National Insurance (ONI) has finalized a deal to acquire the employee benefits book of business from Gettings Reed Financial, headquartered in Lafayette, Ind. Don Carless, employee benefits consultant with Gettings Reed, will join …
MEMIC, Granite Manufacturers Mutual Workers’ compensation insurer The MEMIC Group in Maine acquired Vermont-based Granite Manufacturers Mutual Insurance Company. The acquired business will be renamed MEMIC Casualty Company. Additionally, The MEMIC Group said it will open new offices in New …
RSS, Keystone Chattanooga, Tenn.-based RSS Insurance has joined Keystone Insurance Group. RSS is now Keystone’s 14th franchise partner in the state. Founded in 1973, RSS is one of Chattanooga’s largest locally owned independent agencies. The agency is equally owned by …
Frost Insurance, Stone Partners Texas-based Frost Insurance acquired Stone Partners Inc., a human resource consulting firm that specializes in compensation, benefits and outsourcing services, effective Jan. 1. Stone Partners will operate as a division of Frost Insurance. Originally established as …
Neff Risk, Cochrane Neff Risk and Cochrane and Co. are officially one. The combined company will operate under the name Cochrane and Company and be headquartered in Spokane, Wash. The resulting footprint of the merger will include new states for …
The XL Group plc and its subsidiaries announced that the Group has received final approval from the Brazilian insurance and reinsurance regulator, Superintendencia de Seguros Privados (SUSEP), to establish an insurance operation in the country. The company, XL Seguros Brasil …
Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies announced that it has completed its previously agreed acquisition of the brokerage business of South Africa’s Alexander Forbes. Marsh said the “transaction comprises its South African insurance broking operations, Alexander Forbes …
UK-based specialist broker Voyager Insurance Services Ltd, a member of the Somerville Group, which is focused on providing travel insurance to insurance brokers and third party intermediaries, has acquired the Fresh Start book of business from Culpeck Insurance Services for …
JLT Insurance Brokers (Ireland) Ltd, a wholly owned subsidiary of the Jardine Lloyd Thompson Group plc, has acquired FBD Insurance Brokers Ltd, which is based in Ireland, from FBD Holdings plc. The bulletin also noted that as “part of this …
The ACE Group announced that it has acquired Rio Guayas Compania de Seguros y Reaseguros, a general insurance company in Ecuador that is owned by Banco de Guayaquil, for approximately US$55 million in cash. The insurer was founded in 1993 …
