October 30, 2019
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Dash & Love Inc., a full-service specialty brokerage based just outside of Philadelphia. Terms of the deal were not announced. Founded in 1930, Dash & Love …
October 29, 2019
Apollo Global Management Inc. is doubling down on its investment in Athene Holding Ltd., increasing its stake to 35% and deepening the ties between the two firms. Apollo will acquire approximately 35.5 million common shares of Athene for about $1.55 …
October 25, 2019
AXA announced it has entered into an agreement to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan’s loan insurance business. In addition, AXA and Crelan have also agreed to a long-term P/C and …
October 25, 2019
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed the purchase of a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a subsidiary of India’s leading diversified financial services conglomerate, Edelweiss Group. Financial details of …
October 21, 2019
Plymouth Rock Assurance has finalized its acquisition of Rider Insurance Company. New Jersey-based Rider is the largest motorcycle insurance provider in the state and the only carrier serving the motorcycle community exclusively. Following the acquisition, Plymouth Rock is aiming to …
October 17, 2019
The Hilb Group LLC (THG) has acquired New Jersey-based New Agency Partners (NAP). The transaction became effective October 1, 2019. NAP is a full-service insurance brokerage in Parsippany, N.J., providing business insurance, employee benefits and personal insurance to clients throughout …
October 16, 2019
Ryan Specialty Group LLC has acquired the assets and operations of The Suitelife, a program manager specializing in boutique hotels, premier and full service hotels, hotel management companies, condo hotels and resorts from Venture Insurance Programs. Terms of the transaction …
October 16, 2019
The Hilb Group LLC (THG) has acquired New Jersey-based LCIA Inc. DBA Campisano Insurance Agency (LCIA). The transaction became effective October 1, 2019. LCIA is a full-service property and casualty agency that has specialized in the commercial transportation and trucking …
October 14, 2019
Arthur J. Gallagher & Co. announced the acquisition of Helsingborg, Sweden-based insurance broker Proinova. The terms of the transaction were not disclosed. Founded in 1989 by CEO Sten Eriksson, Proinova specializes in delivering group solutions for the real estate sector, …
October 8, 2019
Arthur J. Gallagher & Co. announced it has completed its acquisition of a minority stake in Renomia a.s., the Prague, Czech Republic-based broker. Financial terms of the deal, which was first announced in June 2019, were not disclosed. Founded in …