NSM Insurance Group, the national leader of industry-specific insurance program administration, announced Tuesday that it has acquired TranSpec, a highly specialized transportation insurance broker located in Nashville. TranSpec specializes in designing and implementing insurance programs for trucking firms that utilize …
HVAC Investigators (HVACi), a national provider of HVAC damage assessments for insurance claims, has acquired Donan Engineering’s HVAC Forensics division, based in Louisville, Ky. The consolidation of two brands in is anticipated to benefit the customer bases of both organizations …
Alera Group, a Deerfield, Ill.-based national employee benefits, property/casualty, risk management and wealth management firm, has acquired three East region firms, effective February 1, 2018. Aisling Partners Insurance Brokerage LLC, located in Worcester, Mass., is an independent employee benefits brokerage …
AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the previously announced acquisition of Seacoast Brokers, LLC, and Trident Claims Management, LLC. Seacoast is a personal lines specialty MGA that offers surplus lines homeowners’ business …
Worley Claims Services, LLC, a provider of claims services in North America, has acquired Audit Services Incorporated (ASI), a claim estimate writing and review supplier for the property and auto insurance markets based in Atlanta. Financial terms of the transaction …
Ryan Specialty Group LLC, a Chicago, Ill.-headquartered international specialty insurance organization, has completed its acquisition of the assets and operations of the Irwin Siegel Agency Inc. (ISA). This transaction was previously announced on January 24, 2018. ISA is a human …
Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi General Insurance Ltd. (JGIL) for LKR 16.4 billion (€85.9 million, or approximately US$106.3 million). The transaction is subject to regulatory …
Run-off specialist Armour Group Ltd. has led a group of investors to acquire Gibraltar-based Elite Insurance Co. Ltd. (EIC) and its affiliate Elite Business Development Ltd. (EBD). The financial details of the transaction were not disclosed. Collectively, EIC & EBD …
Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018. The business being acquired was written through Liberty International Underwriters (LIU) U.S., …
Seeman Holtz Property & Casualty Inc. has acquired Xponent Employer Solutions in Scottsdale, Ariz. Terms of the deal were not disclosed. Xponent helps clients reduce the costs associated with payroll, employee benefits, insurance services, and human resource management. The Seeman …
