January 15, 2020
One80 Intermediaries, a national wholesale insurance broker and program manager headquartered in Boston, Mass., has acquired Vista Underwriting Partners, a full service managing general underwriter of medical stop loss insurance. Terms of the deal were not disclosed. Headquartered in Media, …
January 15, 2020
Tysers, the London-based broker, announced it has taken a minority investment in Bermuda’s newly formed and first independent managing general agent Helix Underwriting Partners Ltd. “As we enter the 200th year of Tysers’ existence, we are delighted to be partnering …
January 15, 2020
Two Florida-based homeowners insurers, Anchor Property & Casualty and Anchor Specialty Insurance, have succumbed to market pressures in the state and will be acquired by other companies. Tampa, Fla.-based HCI Group has entered into a preliminary agreement for its subsidiary …
January 14, 2020
AssuredPartners Inc. has acquired The Jordan Insurance Group LLC located in Columbia, Md. The team of five will remain under the operational leadership of Bill Jordan following the acquisition. The agency currently reports $1.1 million in annualized revenues. Headquartered in …
January 13, 2020
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance broker Risk Management Services Ltd. (RMS). Terms of the transaction were not disclosed. Formed in 1978 and located in Port …
January 10, 2020
Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Sylvia Group, effective December 31, 2019. Located in Dartmouth, Mass., Sylvia Group has been serving clients throughout New England since its founding in …
January 10, 2020
Chicago-based broker Hub International Ltd. announced it has acquired RHC Insurance Brokers Ltd. and RHC Insurance Brokers (Cranbrook) Ltd. Terms of the transaction were not disclosed. Headquartered in Nelson, British Columbia, Canada, with nine additional offices across the province, RHC …
January 9, 2020
Coverys European Holdings Ltd. (CEH), the London-based agency platform that invests in managing general agencies (MGAs) in Europe and the U.K., announced it acquired AEC SpA, a Lloyd’s coverholder, broker, third party administrator and MGA. Financial details of the acquisition, …
January 8, 2020
Generali finalized the acquisition in Portugal of the insurer Seguradoras Unidas and the health services company AdvanceCare from Apollo Global Management Inc. for €600 million (US$670.1 million) Generali paid €510 million (US$570 million) for Seguradoras Unidas and €90 million (US$100.5 …
January 8, 2020
RogersGray has continued its expansion with the acquisition of the G. H. Dunn Agency of Buzzards Bay and Mattapoisett, Mass. Following the acquisition, the team at G.H. Dunn will remain, including David Dunn who will be joining RogersGray as partner …