October 6, 2020
World Insurance Associates LLC (WIA) has acquired Paul Global Benefits Inc. (PGB) of Syosset, N.Y., on September 1, 2020. Terms of the transaction were not disclosed. PGB is an employee benefits consulting firm specializing in health/welfare and retirement services in …
October 6, 2020
Hub International Ltd., a Chicago-based global insurance broker, announced it has acquired Canadian benefits firm, Clearpoint, which comprises Clearpoint Advisory Group Inc., Clearpoint Retirement Solutions Inc. and Canwest Group Benefits Inc. Terms of the transaction were not disclosed. Located in …
October 5, 2020
Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. has agreed to acquire Navigators Holdings (Europe) NV and its associated companies from The Hartford. Navigators’ associated companies are collectively referred to as ASCO and include Assurances Continentales – Continentale Verzekeringen NV of …
October 5, 2020
Enstar Group Ltd. has made a 100% cash offer to purchase Watford Holdings Ltd.for $31.00 per ordinary share, which amounts to $620 million. The Enstar offer is higher than another offer received recently from Arch Capital Group and a group …
October 5, 2020
Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability insurance and related risk management services. Hunt Jorgensen LLC is headquartered in Maywood, …
October 5, 2020
Westland Insurance Group Ltd. announced it has acquired two brokers, based in Alberta, Canada, effective October 1, 2020. Ironside Insurance Brokers is a family-owned brokerage located in Carstairs, Alberta. Its professional insurance advisors are experts in residential, auto, life, travel, …
October 5, 2020
UK insurance company Liverpool Victoria said it’s in exclusive talks with Bain Capital LP over a potential deal. The company, known as LV=, began a strategic review in June that included the possibility of a full or partial sale. “Discussions …
October 2, 2020
Agility Recovery, a Denver-based provider of business continuity services for banking and insurance companies, has acquired Chicago, Illinois-based Recovery Solutions. Recovery Solutions delivers audit-ready and Federal Financial Institutions Examination Council compliant business continuity services that help companies protect their people, …
October 2, 2020
Manchester Underwriting Management Ltd. (MUM) has acquired the portfolio renewal rights of Pinpoint Underwriting. The underwriting team at Pinpoint will be joining MUM with immediate effect. Pinpoint is a well-established MGA, specializing in writing UK professional indemnity. Pinpoint is headed …
October 1, 2020
White Mountains Insurance Group, Ltd. announced it has entered into a definitive agreement to invest fresh capital in and to acquire a majority interest in Ark Insurance Holdings Ltd., the parent company of Ark Syndicate Management Ltd. With its leading …