August 16, 2019
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Insurance Center of New England Inc. (ICNE). Terms of the transaction were not disclosed. With locations in Agawam and Gardner, Mass., ICNE is a locally owned, independent …
August 15, 2019
Brown & Brown of Florida Inc. has acquired substantially all of the assets of CKP. CKP provides brokerage services for customers throughout the U.S. operating in agricultural industry. In addition, CKP provides property and casualty insurance products and services to …
August 15, 2019
Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of The Mechanic Group Inc. (TMG), a Pearl River, N.Y.-based specialty insurance program manager. Terms of the acquisition were not disclosed. Established …
August 13, 2019
Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as it works to win regulatory approval for its acquisition by China Oceanwide Holdings Group Co. Brookfield Business Partners LP will …
August 7, 2019
Altamont Capital Partners has signed a definitive agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its long-time owner, Topa Equities Ltd. Terms of the deal weren’t disclosed. The transaction is subject to customary closing conditions, including receipt of required …
August 7, 2019
Los Angeles, Calif.-based national wholesale insurance broker Worldwide Facilities has signed an agreement with Genstar Capital, a San Francisco-based private equity firm, for an investment in Worldwide Facilities. The financial terms of the transaction were not disclosed. Private equity firm …
August 6, 2019
GI Partners, a middle-market alternative asset manager, has completed the previously announced acquisition of Insurity Inc., a software platform for the property and casualty insurance industry. Headquartered in Hartford, Conn., Insurity provides policy administration, claims, billing and data analytics software …
August 5, 2019
The Doctors Company has completed the purchase of Hospitals Insurance Company (HIC), a New York State admitted and licensed insurance company, and FOJP Service Corporation, a New York service organization that provides third-party comprehensive insurance and risk management advisory services …
August 5, 2019
Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett International Ltd., has acquired the assets of Llantrisant, Wales-based Adjusting Associates LLP. Terms of the transaction were not disclosed. Established in 2002 to provide loss adjusting …
August 2, 2019
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Reiff & Associates, a full service brokerage firm focused on risk and insurance for companies in the entertainment industry. Founded in 1983 and based in New …