Business Moves

Business Moves

Hylant Group, Creative Benefits Systems Ohio-based Hylant Group, one of the largest privately owned insurance brokerage firms in the nation, recently acquired a substantial portion of Creative Benefits Systems (CBS), an employee benefits provider in Grand Rapids, Mich. The acquisition …

Taiwan Regulator to Rule on AIG Taiwan Unit Sale By End of First Half

Taiwan’s financial regulator said it will make a decision on American International Group Inc’s sale of local unit Nan Shan Life Insurance Co in the first half of this year. The Financial Supervisory Commission (FSC) had asked Ruen Chen Investment, …

Business Moves

Lawson-Hawks, Christopher Lee Insurance Services Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker based in Mountain View, Calif., acquired Christopher Lee Insurance Services of Carmel, Calif. The terms of the transaction were not disclosed. John Miller, CEO of Lawson-Hawks …

Direct-Link Acquires Mother Lode Insurance

Direct-Link Holding Group LLC has acquired Mother Lode Insurance Services LLC of Cameron Park, Calif. The transaction marks the 40th acquisition for Direct-Link Holding Group. Founded in 1999, Direct-Link Holding Group is a California-based limited liability insurance agency specializing in …

Business Moves

MMA, Kinloch Marsh & McLennan Agency (MMA), the retail unit of Marsh, has acquired the Boston office of Kinloch Consulting Group Inc., the employee benefits division of Kinloch Holdings Inc. Terms of the transaction were not disclosed. Kinloch Boston — …

Markel International Expands in Spain with Barcelona Office

Markel International España, the Spanish operation of the specialist insurer Markel International, has opened an office in Barcelona to work alongside its Madrid office, which opened in 2005. Markel’s business in Spain has “grown significantly” since then, and “this performance, …

Berkshire Hathaway Enters India Insurance Market

Billionaire Warren Buffett’s Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said. Berkshire made no investment in Bajaj, but will sell policies for Bajaj Allianz General Insurance, beginning with auto insurance, …

Stempel to Manage New Crawford Office in Panama

Crawford & Company announced that it has established an office in Panama City, Panama, and named insurance executive Miguel Stempel as its manager of operations in the country, in order to “serve a growing insurance market.” Stempel will be responsible …

Maritime General Agency Rebrands, Consolidates All Entities

Maritime General Agency announced its newly formed business identity, which it said “combines three niche marine insurance underwriting facilities: Maritime Program Group; Maritime General Agency, Marine MGA, and Windward Marine Underwriters – into one powerful managing general agency.” The bulletin …

Jennings Insurance Agency Joins Woodruff-Sawyer

San Francisco-based Woodruff-Sawyer & Co. has announced that Jennings Insurance Agency has joined Woodruff-Sawyer of Oregon. Based in Lake Oswego, Ore., Jennings Insurance Agency was founded in 1968 and is recognized for its expertise in private client risk management. Jennings …

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