September 2, 2020
World Insurance Associates LLC (WIA), has acquired Advantage Benefit Concepts Inc. of Blackwood, N.J., on April 1, 2020. Terms of the transaction were not disclosed. Advantage Benefit Concepts Inc. specializes in employee benefit services. They provide health and dental insurance …
September 2, 2020
Specialty insurance brokerages Ryan Specialty Group and All Risks have closed on the merger the two firms into Ryan Specialty Group. The deal unites Chicago-based Ryan Specialty Group and its nearly $12 billion in premium, and All Risks, headquartered in …
September 1, 2020
Hippo, an insurtech managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Co., with an expansion into additional states next on its plate. The deal, first announced in June, follows a multi-year partnership between the …
September 1, 2020
World Insurance Associates LLC (WIA), acquired Countywide Insurance Agency of Jefferson Valley, N.Y., on July 1, 2020. Terms of the transaction were not disclosed. Countywide Insurance Agency provides insurance products for individuals and businesses in New York and Florida. WIA …
August 31, 2020
World Insurance Associates LLC (WIA) acquired Maximum Benefit Insurance Agency Inc. of Saddle Brook, N.J., on August 1, 2020. Terms of the transaction were not disclosed. Founded in 1994, Maximum Benefit Insurance Agency Inc. is a property and casualty full-service …
August 27, 2020
Daytona Beach, Florida-based insurance broker Brown & Brown Inc. has terminated its previously announced agreement to purchase the assets of HAUSER, an insurance and investment firm headquartered in Cincinnati, Ohio. Brown & Brown announced the termination of the agreement with …
August 26, 2020
Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to combine with Willis in an all-stock deal valued at about $30 billion …
August 21, 2020
Randall & Quilter II Holdings Limited has agreed to acquire the entire issued share capital of The World Marine & General Insurance Co. from BHP Group Limited. WMG was incorporated in England & Wales in 1894 and was purchased in …
August 21, 2020
Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired FNL Insurance Group, effective August 1, 2020. For more than 40 years, FNL Insurance Group has been helping clients with their employee benefit …
August 19, 2020
Entertainment insurance provider SpottedRisk has acquired Media Guarantors, a specialized managing general underwriter focused on completion bonds for the film industry. West Hollywood, Calif.-based Media Guarantors, launched in 2018, has been a subsidiary of Cast & Crew, a payroll, human …