2020 Mergers & Acquisitions News

Arthur J. Gallagher & Co. Acquires Pennsylvania’s Premier Brokerage Services

Arthur J. Gallagher & Co. has acquired Jenkintown, Penn.-based Premier Brokerage Services Inc. Terms of the transaction were not disclosed. Founded in 1995, Premier is a high-net-worth focused life insurance wholesale agency offering primarily permanent and term life insurance, annuities …

Arthur J. Gallagher & Co. Acquires New York’s Cool Insuring Agency

Arthur J. Gallagher & Co. has acquired Queensbury, N.Y.-based Cool Insuring Agency Inc. Terms of the transaction were not disclosed. Founded in 1857, Cool Insuring Agency provides commercial, personal, life and health insurance and consulting services to clients across the …

World Insurance Associates Acquires Connecticut’s The Watts Group

World Insurance Associates LLC (WIA) has acquired The Watts Group LLC of West Hartford, Conn. Terms of the transaction were not disclosed. Founded in 2003 by Mike Watts, The Watts Group is a surety bond and property & casualty agency …

Hub Acquires Assets of Connecticut’s Chelsea Insurance Agency

Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Chelsea Insurance Agency LLC. Terms of the transaction were not disclosed. Located in Norwich, Conn., Chelsea Insurance Agency is a locally owned, independent insurance agency that provides personal …

BRP Group Acquires Virginia’s Armfield, Harrison & Thomas

BRP Group Inc., an independent insurance distribution firm delivering tailored insurance solutions, has acquired all of the outstanding equity interests of Armfield, Harrison & Thomas Inc., which will be converted post-acquisition to a limited liability company with the name Armfield, …

World Insurance Associates Acquires Virginia’s Tucker Insurance Service

World Insurance Associates LLC (WIA) has acquired Tucker Insurance Service Inc. of Falls Church, Va., on November 1, 2020. Terms of the transaction were not disclosed. Tucker was established in 1961. It is a full-service insurance agency committed to providing …

Arthur J. Gallagher & Co. Acquires North Star Insurance Services, North Star Marine

Arthur J. Gallagher & Co. has acquired Seattle-based North Star Insurance Services LLC and Fairhaven, Mass.-based North Star Marine Insurance Services LLC. Terms of the transaction were not disclosed. Founded in 2001, North Star Insurance Services is a full-service marine …

Capco Acquires Connecticut-Based Insurance Consultancy Firm NEOS

Capco, a global management and technology consultancy, has acquired NEOS LLC, a Hartford, Conn.-based consultancy focused on helping insurance organizations drive transformational change. The transaction will complement and extend Capco’s insurance services. NEOS’s leadership team, including Founder and Managing Partner …

World Insurance Associates Acquires Connecticut’s Flanagan Associates

World Insurance Associates LLC (WIA) has acquired Flanagan Associates LLC of North Haven, Conn., on November 1, 2020. Terms of the transaction were not disclosed. Established more than 30 years ago, Flanagan Associates has more than three decades of experience …

Arthur J. Gallagher & Co. Acquires Pennsylvania’s JP Warner Associates

Arthur J. Gallagher & Co. has acquired Wayne, Penn.-based JP Warner Associates Inc., doing business as Warner Benefits. Terms of the transaction were not disclosed. Founded in 1997, JP Warner Associates is a traditional employee benefits consultant with offices in …