CBIZ Inc. has acquired substantially all of the assets of Prince-Wood Insurance L.L.C. (PWI) of Woodbridge, Va., effective July 1, 2020. Established in 1967, PWI provides property and casualty insurance to small and mid-sized businesses in Northern and Central Virginia, …
World Insurance Associates LLC (WIA) has acquired Bentsen Combies Insurance Inc. of East Greenwich, R.I., on June 1, 2020. Terms of the transaction were not disclosed. Bentsen Combies is an independent insurance agency that has been serving the local community …
Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of Beacon Hill Associates Inc. (BHA), an environmental wholesale brokerage firm, including BHA’s PartnerOne (P1) environmental underwriting division. Terms of the acquisition …
India’s financial technology platform Paytm is set to acquire Mumbai-based private sector general insurer Raheja QBE General Insurance Co. Ltd. The acquisition is subject to customary conditions, including approval from the Insurance Regulatory and Development Authority of India (IRDAI). Financial …
The Insurance Information Institute, since 1960 a source of insurance data and information for the media and consumers, has agreed to affiliate with The Institutes, an expanding education, research, event and publishing organization that includes the CPCU Society. The boards …
The Plexus Groupe, a privately held broker, has acquired Community Insurance Group (CIG) of Brandon, Fla. This is the first entrance into the Florida market for Plexus, which has locations in Atlanta, Chicago, Dallas, Los Angeles and Oklahoma City. The …
World Insurance Associates LLC (WIA) acquired Millennium Medical Solutions Corp. of Armonk, N.Y., on June 1, 2020. Terms of the transaction were not disclosed. Millennium Medical Solutions Corp. is an employee benefits consulting boutique agency that specializes in commercial healthcare. …
Arthur J. Gallagher & Co. has acquired Ocala, Fla.-based Barrett, Liner & Buss LLC. Terms of the transaction were not disclosed. Founded in 1981, Barrett, Liner & Buss offers a range of employee benefit solutions to Florida employers representing a …
Two of the largest property/casualty insurance wholesalers are looking to merge. The deal will unite Chicago-based Ryan Specialty Group and its nearly $12 billion in premium, and All Risks, headquartered in Delray Beach, Florida, which has close to $2.6 billion …
Astaara, a marine insurance services business, announced it has secured a significant investment from UK marine insurer West of England P&I Club. Astaara is a new company, focused on risk management and loss prevention, which has developed a marine cyber …
