Business Moves

Euler Hermes, China Pacific Team up to offer Trade Credit

Euler Hermes, the trade credit insurer of the Allianz Group, and China Pacific Insurance (Group) Co., Ltd. (CPIC Group), one of China’s largest insurers, announced that they “have combined their expertise to help Chinese companies to better manage trade credit …

Business Moves

Abram Interstate Insurance, Align General Rocklin, Calif.-based Abram Interstate Insurance Services Inc. purchased an equine and farmowners book of business from Align General Insurance Agency Inc. of San Diego. All servicing of new and renewal business will be handled by …

Business Moves

Tower Hill, Royal Palm The sixth largest insurance company writing property coverage in Florida is looking to increase its market share by acquiring the 14 biggest property insurer in the state. Tower Hill Insurance Group has finalized its purchase of …

Business Moves

RCM&D, TRION Baltimore-based insurance broker RCM&D acquired the commercial property and casualty insurance division of Philadelphia-based TRION Inc. and has opened a Philadelphia regional office to serve clients throughout southeastern Pennsylvania, New Jersey and Delaware. In connection with the deal, …

Business Moves

Maritime General Agency Maritime General Agency combined three niche marine insurance underwriting facilities into Maritime Program Group: Maritime General Agency, Marine MGA and Windward Marine Underwriters. Maritime General Agency and Marine MGA were founded in the 1990s. Windward Marine Underwriters …

Business Moves

Advocate Reinsurance Partners Goss Reinsurance Brokers LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, Texas, announced it has changed the company name to Advocate Reinsurance Partners LLC. The name change was brought about because the partners believe Advocate …

MDS Acquires 50% Stake in Portuguese Auto Insurance Specialist

MDS Holdings, the Iberian and Latin American insurance broking group, announced that it has acquired a “50 percent stake in Coral, the former Portuguese in-house broker of Salvador Caetano Group, the largest automotive business in the Iberian market. Following the …

Lloyd’s Insurer Kiln Enters Liability Market

Kiln, the international insurance and reinsurance underwriting group, and a subsidiary of the Tokio Marine group, announced that it has launched a new Liability function to underwrite and support general liability risks. The new product line, which will be led …

GeoVera Insurance Launches Hurricane Product in Hawaii

GeoVera Insurance Co. has launched a residential windstorm-hurricane insurance product in Hawaii. The policy will insure residential properties against the single peril of windstorm during a hurricane. GeoVera is partnering with local independent insurance agents to offer the policy to …

Croxton & Roe Insurance Joins ISU Network

Croxton & Roe Insurance of Angola, Ind., has joined the ISU Network. ISU Croxton & Roe Insurance Services was founded in 1934. Currently owned and operated by Chuck Nedele, Jeff Sine and Phil Roe, the three partners bring a total …

Business Moves Archives by Month