2020 Mergers & Acquisitions News

Massachusetts’ Morse Insurance Agency Acquires Connolly Insurance

Morse Insurance Agency Inc., a provider of personal and business insurance in Southeastern Massachusetts, has acquired Connolly Insurance. The transaction became effective January 1, 2020. Morse Insurance has been a family-run agency since 1950. Brothers Dan, Tim and Brian Morse …

The Hilb Group Acquires Massachusetts’ Group Brokerage Insurance Agency

The Hilb Group LLC (THG) has acquired Group Brokerage Insurance Agency LLC (GBIA). The transaction became effective January 1, 2020. Located in Waltham, Mass., GBIA is an employee benefits agency primarily providing group medical, dental, life, short and long-term disability …

Risk Strategies Acquires Maryland’s Weaver Brothers Insurance

Risk Strategies, a Boston, Mass.-based, privately held national insurance brokerage and risk management firm, has acquired Weaver Brothers Insurance Inc., a full-service brokerage based in Bethesda, Md. Terms of the deal were not announced. Founded in 1988 with roots dating …

CoreLogic Completes Acquisition of Massachusetts’ Location Inc.

CoreLogic, a global property information, analytics and data-enabled services provider, has completed the company’s acquisition of Location Inc., a Worcester, Mass.-based leader in geographic data sciences and predictive, location-based analytics for businesses across the U.S. and Canada. Location Inc.’s proprietary …

The Hilb Group Acquires Maryland’s Martens Johnson Insurance Agency

The Hilb Group LLC (THG) has acquired Maryland-based Martens Johnson Insurance Agency Inc. (MJIA). The transaction became effective January 1, 2020. MJIA is a full-service insurance agency focused on the unique needs of the commercial transportation industry in the Maryland …

The Hilb Group Acquires New York’s BR Vital Brokerage

The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020. Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property and casualty insurance with a specialty in …

Xceedance Acquires Massachusetts’ Activer Solutions

Xceedance, a global provider of insurance consulting, managed services, technology, data sciences and blockchain solutions, has acquired Activer Solutions. Located in Marlborough, Mass., Activer Solutions specializes in insurance operations and technology services for the front, middle and back office operations …

One80 Intermediaries Acquires Pennsylvania’s Vista Underwriting Partners

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, …

AssuredPartners Acquires Maryland’s The Jordan Insurance Group

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 …

Insurity Acquires Geospatial Analytics Firm SpatialKey

Acquisition further strengthens Insurity’s industry-leading data and analytics solutions, and will help insurers better select and manage risk, and respond to catastrophes Cloud services and data analytics firm Insurity, Inc., has acquired SpatialKey, Inc., which offers geospatial analytics, data enrichment …