July 24, 2018
The Hilb Group LLC (THG) has acquired Southern Maryland Insurance Inc. (SMI). The transaction became effective July 1, 2018. Located in Bowie, Md., SMI is primarily a property/casualty insurance agency offering coverages to businesses throughout the Mid-Atlantic area. Following the …
July 20, 2018
Core Assurance Partners, a financial services company headquartered in Hampton Roads, Va., has acquired E. L. Creech & Co. Inc., a fourth-generation, family-owned property and casualty firm based in Virginia Beach, Va., where it will maintain its offices. Terms of …
July 19, 2018
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 …
July 19, 2018
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 …
July 18, 2018
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 …
July 13, 2018
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 …
July 12, 2018
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 …
July 11, 2018
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. …
July 10, 2018
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 …
July 9, 2018
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 …