Salem Five, a commercial and personal insurance provider based in Salem, Mass., has acquired Fabri & Rourke Insurance, headquartered in Georgetown, Mass. This is the second Georgetown-based acquisition for Salem Five, having acquired Georgetown Bank in 2017. Salem Five has …
Insurance and risk data firm Weather Analytics said it has further expanded its offerings beyond weather information by acquiring Athenium Inc., a Waltham, Massachusetts-based claims and underwriting assessment software company. Washington, D.C.-based Weather Analytics said it is also investing more …
The Evans Agency LLC, a wholly owned insurance subsidiary of community financial services company Evans Bancorp Inc., has acquired the business of Richardson & Stout Insurance (R&S) of Wellsville, N.Y. The transaction is effective July 1, 2018. Terms of the …
XL Group has announced management changes and departures in anticipation of the planned acquisition of XL by AXA. French insurer AXA SA has agreed to buy XL Group Ltd. for $15.3 billion in cash in a bid to capture a …
AXA said on Monday it had secured financing for the 12.4 billion euros ($14.9 billion) acquisition of XL Group and was not dependent on the issuance of any additional debt following the flotation of part of its U.S. unit, AXA …
Hannover Re and HDI Global SE are merging their specialty activities in a new joint venture. The new company, HDI Global Specialty SE, will write agency and specialty insurance business in lines such as errors & omissions liability insurance, directors’ …
Marsh insurance broking and consulting subsidiary Jelf reports it has completed its previously announced acquisition of Clark Thomson, Scotland’s largest independent insurance broker. Established in 1965, Clark Thomson is headquartered in Perth and has offices in Dundee, Glasgow, Inverness, Kirkwall, …
Prime Risk Partners Inc. has finalized its acquisition of Roblin Insurance, an independent insurance agency in the Boston area providing commercial, personal, and employee benefits risk management. Roblin Insurance will maintain its name and will continue operating at its existing …
Auburn, Wash.-based HBT Insurance has been acquired by Leavitt Group. HBT will affiliate with the group and merge with Leavitt Group Northwest. Terms of the deal weren’t announced. HBT’s Bill Cowart and Bob Klontz will join Leavitt Group Northwest’s shareholder …
Mark Edward Partners, an independent, full-service, international insurance brokerage firm, has acquired the Kaplow Insurance Agency, a Chappaqua, N.Y.-based firm that has specialized in equine insurance for more than 50 years. The Kaplow team brings understanding of the risk management …
