December 19, 2018
Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Superior Payment Plan LLC, a premium finance company based in Depew, N.Y. Terms of the agreement were not shared. Following the transaction, Superior’s operations will become part of …
December 19, 2018
EPIC Holdings Inc., parent company of EPIC Insurance Brokers & Consultants based in San Francisco, has agreed to acquire Integro Holdings Inc., which houses the U.S. operations of New York-based Integro Group Holdings. The acquisition will add 400 team members …
December 18, 2018
Shore Bancshares Inc., a financial holding company headquartered in Easton, Md., and The Avon-Dixon Agency LLC, its wholly-owned insurance producer firm, have entered into an asset purchase agreement with Avon-Dixon, an Alera Group Agency LLC (Alera). Alera is a Delaware …
December 18, 2018
Two French insurance technology firms, Prima Solutions and Effisoft, have merged. Effisoft is a Paris-based international group that designs software for insurance and reinsurance professionals. The group specializes in reinsurance operations and regulatory compliance with Solvency II. Prima Solutions provides …
December 17, 2018
Salt Lake City-based digital lender WebBank has agreed to acquire Denver-based National Partners, a national insurance premium finance company and subsidiary of MLF Financial Group. This is the first foray into insurance premium finance for WebBank, a national issuer of …
December 13, 2018
The Hilb Group LLC (THG) has acquired Massachusetts-based Mackintire Insurance Agency Inc. The transaction became effective December 1, 2018. Mackintire is a commercial and personal lines retail insurance agency founded in 1991. Located in Westborough, Mass., the company serves clients …
December 13, 2018
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Nolen Associates Inc. Terms of the transaction were not disclosed. Located in Springfield, Penn., Nolen Associates is a full-service medical malpractice insurance agency representing more than 1,000 …
December 13, 2018
Gallagher Bassett, the risk management services subsidiary of Arthur J. Gallagher, has boosted its size and offering in the United Kingdom by acquiring Property Claims Management Services Ltd. (PCMS). With origins dating back to 1991, Tamworth, England-based PCMS business provides …
December 12, 2018
Kaplansky Insurance, an independent, Needham, Mass.-based agency, has acquired Burak Insurance, located in Canton, Mass. The addition of Burak marks Kaplansky Insurance’s 31st overall acquisition and its fourth for 2018. The agency currently operates 12 locations throughout Massachusetts. Founded in …
December 12, 2018
Arthur J. Gallagher & Co. announced it has acquired a 40 percent equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100 percent of reinsurance broker, IBS Re Singapore. Other …