2018 mergers & acquisitions News

New Hampshire’s Beals Insurance Agency Joins The Northern United Agents Alliance

Beals Insurance Agency LLC has joined the Northern United Agents Alliance (NUAA) as a participating member. With offices in Bedford and Londonderry, N.H., Beals Insurance is a full-service independent insurance agency specializing in home, auto, commercial and life insurance. Headquartered …

Seeman Holtz Property & Casualty Continues Expansion into Pennsylvania

Seeman Holtz Property & Casualty Inc. has continued its expansion into Pennsylvania with its acquisition of Merchants Preferred Insurance Services, headquartered in Erie, Penn. This acquisition will strengthen Seeman Holtz Property & Casualty’s foothold in the Northeast, according to a …

Hub Acquires Assets of Maine’s Kilbride & Harris Insurance Services

Hub International Limited, a global insurance brokerage, has acquired the assets of Kilbride & Harris Insurance Services LLC. Terms of the acquisition were not disclosed. Located in South Portland, Maine, Kilbride & Harris provides multi-line insurance solutions, including medical malpractice, …

Hub International Buys Canadian Broker Blackstone Insurance, Benefits & Bonding

Hub International Ltd., the Chicago-based insurance broker, has acquired Canada’s Blackstone Insurance, Benefits & Bonding Inc. Terms of the acquisition were not disclosed. Headquartered in Saskatoon, Saskatchewan with an additional office in Regina, Blackstone Insurance is a Commercial Insurance and …

Hub International Acquires Ontario-Based Benefit Broker Services Inc.

Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Benefit Broker Services Inc. Terms of the acquisition were not disclosed. Located in Wallaceburg, Ontario, Benefit Broker provides innovative solutions around employee benefits and pension plans. This deal supports …

Hub International Buys Ontario-Based Southland Insurance Brokers

Hub International Limited (Hub), the Chicago-based insurance brokerage, announced it has acquired Southland Insurance Brokers Inc. Terms of the acquisition were not disclosed. With Ontario offices in Leamington, Tecumseh and Harrow, Southland has been providing customers in Windsor and Essex …

Hub International Buys P/C Business of Ontario Broker Cypher Systems Group

Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired the property and casualty insurance business of Cypher Systems Group Inc. (CSG) and certain of its affiliates, an insurance broker servicing large Canadian group and affinity programs. The …

RSG Completes Acquisition of Certain Assets of New York’s ARC Specialty Brokerage

Ryan Specialty Group LLC (RSG) has completed its acquisition of certain assets of ARC Specialty Brokerage LLC, the property and casualty division of ARC Excess & Surplus LLC, a wholesale insurance brokerage based in Jericho, N.Y. These assets have become …

AXA Gives Under-Fire CEO Buberl a Needed Boost on Strong H1 Profits

AXA SA gave under-fire Chief Executive Officer Thomas Buberl a needed boost with first-half earnings that beat estimates and growth in new business. AXA, posting its first results since a disappointing partial spinoff of the French insurer’s U.S. unit, reported …

RSG to Acquire Certain Assets of New York’s ARC Specialty Brokerage

Ryan Specialty Group LLC (RSG) and ARC Excess & Surplus LLC (ARC) have entered into a definitive agreement in which RSG will acquire certain assets of ARC Specialty Brokerage LLC, the P&C Division of ARC, a wholesale insurance brokerage based …