Cook Maran & Associates, a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners (PRP), has acquired Joseph P. Price Agency (Price). Price is a Long Island, N.Y.-based insurance agency that …
Assicurazioni Generali SpA agreed to sell wealth-management and service units in Ireland and Guernsey for 409 million euros ($476 million), pushing the Italian insurer above its target for international disposals. The Generali Worldwide and Generali Link businesses will be purchased …
American International Group Inc. said it has completed its acquisition of Bermuda reinsurer and specialist insurer Validus Holdings. The $5.56 billion all-cash transaction was first announced in January, about eight months after Brian Duperreault took over at AIG as president …
Risk Strategies, a Boston, Mass.-headquartered, privately held national insurance brokerage and risk management firm, has acquired Oxford Risk Management Group, a Sparks, Md.-based provider of alternative risk and captive insurance and consulting. Terms of the deal were not disclosed. Established …
BNC Insurance Agency, Inc (BNC), an independently owned retail brokerage firm with headquarters in Rye Brook, N.Y., has acquired Murray, Schoen & Homer, Inc (MSH), also located in Rye Brook, N.Y. Terms of the transaction were not disclosed. MSH has …
Following the completion of the acquisition of XL Group by AXA SA – expected in the second half of 2018 – the two insurers have chosen the name of the division that will be dedicated to large property/casualty commercial lines …
Arthur J. Gallagher & Co.’s subsidiary, Gallagher Bassett Services Inc., has acquired Pennington, N.J.-based WCD Group LLC. Terms of the transaction were not disclosed. Founded in 2002, WCD manages and mitigates risk in the environmental, construction and real estate marketplace. …
Evergreen Pacific Insurance Corp. (EPIC), the Toronto-based financial-services holding company, announced it has signed a binding agreement to acquire a majority interest in Synergy Health Services, subject to completion of customary due diligence. Financial details of the transaction were not …
Arthur J. Gallagher & Co. announced the acquisition of Milne Alexander, with offices in Sydney, New South Wales and Port Lincoln, South Australia. Terms of the transaction were not disclosed. Founded in 1973, Milne Alexander is a retail property/casualty broker …
Affinion Group LLC, a subsidiary of Affinion Group Holdings Inc., has entered into a definitive purchase agreement to sell its insurance division, Affinion Insurance Solutions (AIS), to an affiliate of Mill Point Capital. The sale is expected to close sometime …
