2020 Mergers & Acquisitions News

Alera Group Acquires Maryland’s Georgetown Insurance Service

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc., effective March 1, 2020. The Georgetown Insurance team will continue serving clients in their current roles following the acquisition. …

How U.S. Insurance Industry Deals Fared in February

Financial deals in the U.S. insurance industry dropped off 8% during February 2020 compared with the last 12-month average. According to GlobalData’s deals database, a total of 46 deals worth $3.27 billion were announced in February 2020, compared to the …

World Insurance Associates Acquires Rhode Island’s Mazzotta Insurance Agency

World Insurance Associates LLC (WIA) acquired Mazzotta Insurance Agency of Providence, R.I., on March 1, 2020. Terms of the transaction were not disclosed. Since 1968, Mazzotta Insurance Agency has been a family-run business serving the Providence community, providing protection for …

CCG IQ Acquires Connecticut’s The UIS Group

CCG IQ, a provider of tech-enabled insurance services, has acquired The UIS Group. CCG IQ anticipates that the addition of this business will enhance its suite of services for insurance companies, according to a company press release. Connecticut-based UIS Group …

World Insurance Associates Acquires Virginia Insurance Partners

World Insurance Associates LLC (WIA) has acquired Virginia Insurance Partners (VIP). The transaction was effective February 1, 2020, and terms of the deal were not disclosed. VIP is an independent insurance agency that offers commercial, personal, farm, life and benefits …

Peachtree Special Risk Brokers Acquires Massachusetts’ RLA Insurance Intermediaries

Peachtree Special Risk Brokers LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of RLA Insurance Intermediaries. RLA Insurance Intermediaries was founded in 2010 by Jeff Hays and Chris Skaletsky as a wholesale insurance …

Alera Group Acquires Pennsylvania’s Trilogy Group Benefits

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Trilogy Group Benefits LLC, effective February 28, 2020. Trilogy joins Alera Group through local firm AIA, Alera Group. The Trilogy team will continue …

Mercier and Kosinski Insurance Joins Rhode Island’s Thompson Insurance Group

Mercier and Kosinski Insurance Inc. (MKI) has joined the Thompson Insurance Group to provide its customers with greater access to insurance companies, improved technology and additional insurance services. As a fourth-generation, family owned insurance agency, MKI has served the insurance …

The Hilb Group Acquires Massachusetts’ LifePlus Insurance Agency

The Hilb Group LLC (THG) has acquired Massachusetts-based LifePlus Insurance Agency Inc. (LPINS). The transaction became effective March 1, 2020. Established in 2004, LPINS is a full-service ancillary benefits agency, primarily providing insurance for group life, worksite, dental and workers’ …

World Insurance Associates Acquires New Jersey’s Lewis-Chester Associates

World Insurance Associates LLC (WIA) acquired Lewis-Chester Associates Inc. of Summit, N.J., on February 1, 2020. Terms of the transaction were not disclosed. Founded in 1947, Lewis-Chester Associates Inc. is a full service, independent insurance agency providing insurance, benefits and …