Bankers Insurance LLC, headquartered in Richmond, Va., has acquired Gateway Insurance Services, Inc., previously owned by Hampton Roads Bankshares Inc.
Gateway Insurance Services Inc. has five offices in eastern North Carolina and one office in eastern Virginia.
Consideration paid by Bankers Insurance LLC includes cash and a Bankers Insurance LLC membership unit to Hampton Roads Bankshares Inc., the holding company of Bank of Hampton Roads.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
