Risk Strategies, a privately held, national insurance brokerage and risk management firm, has announced the acquisition of Corporate Benefit Audits (CBA), a firm providing claim outsourcing and audit services to the medical stop loss, managed care and self-funded industries. Terms …
The Hilb Group LLC (THG) has acquired New York–based Bentson Insurance Group. The transaction became effective May 1, 2018. Founded in 1948, Bentson Insurance Group is a full-service property and casualty insurance agency specializing in home and business insurance as …
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Costello Benefits Group (CBG Benefits Inc.), a full-service employee benefits brokerage firm headquartered in Woburn, Mass. Terms of the deal were not disclosed. This acquisition is …
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 …
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 …
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 …
AssuredPartners, Inc. has acquired The Elan Group of Tampa, Fla., an employee benefits firm specializing in the design, enrollment and service of employee benefits plans. The company’s staff of 21 will remain under the leadership of CEO Ross Hays and …
Italy’s Generali has agreed to sell its Belgian operations to Athora Holding Ltd. for approximately €540 million ($668.3 million) in cash. The transaction is expected to close in the second half of 2018, subject to regulatory approvals. Generali Belgium S.A. …
Plymouth Rock Assurance Corporation (PRAC) is entering the New York insurance market with its acquisition of 21st Century National Insurance Company (National). PRAC previously brought its insurance portfolio to Pennsylvania in August of last year. This comes after the New …
Assicurazioni Generali SpA announced the closing of the sale of its operations in Panama and Colombia. These two transactions, which were originally announced during the second half of 2017, are part of the group’s overall strategy to rationalize its international …
