November 18, 2020
Fairfax Financial Holdings and its subsidiary Allied World Assurance Co. have agreed to sell their majority interests in Florida-based high-net worth insurer Vault E&S Insurance Co. to private equity investor Cornell Capital and asset manager Hudson Structured Capital Management. Fairfax, …
November 16, 2020
World Insurance Associates LLC (WIA) acquired Danaher-Skewes & Associates Inc. of Manassas, Va., on November 1, 2020. Terms of the transaction were not disclosed. Established in 1963, Danaher-Skewes is an independent insurance agency, serving residents and businesses in Alexandria, Va., …
November 13, 2020
World Insurance Associates LLC (WIA) has acquired Fairways Insurance Inc. of Cinnaminson, N.J., on November 1, 2020. Terms of the transaction were not disclosed. Fairways is a full-service insurance agency serving clients throughout New Jersey, Pennsylvania and Delaware. WIA is …
November 12, 2020
The insurance education and research nonprofit The Institutes said it will finalize its affiliation with its fellow nonprofit Insurance Information Institute (Triple-I) on November 16, 2020. According to the announcement, the Triple-I will retain its offices in New York City …
November 12, 2020
World Insurance Associates LLC (WIA) has acquired Brian S. O’Neill & Associates Inc., d/b/a Collier O’Neill & Associates., of Trenton, N.J., on November 1, 2020. Terms of the transaction were not disclosed. Collier O’Neill is a full-service insurance agency serving …
November 9, 2020
Insurance broker Brown & Brown has acquired CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound’s small business subsidiary. Neither side disclosed financial details of the asset transaction. After the deal closes, CoverHound and CyberPolicy will continue to operate independently …
November 3, 2020
Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of The Olson Insurance Agency LLC and Insure All LLC. Terms of the transaction were not disclosed. The owners of The Olson Agency and Insure All, Max …
October 30, 2020
Insight Service Group (ISG) has acquired Social Detection LLC., based out of Pennsylvania, to further expand its Social Media Technology platform. Together, ISG and Social Detection will provide a more expansive and integrated combination of investigation, medical and record management …
October 27, 2020
Independent insurance agency Ensurise LLC has merged with the property and casualty insurance brokerage operations of American Heritage Insurance Agency Inc. The merger was effective October 1, 2020. American Heritage Insurance Agency will continue to operate from its Eldersburg, Md., …
October 22, 2020
Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, has acquired the assets of the Auburn Insurance Agency Inc., a full-service, family-owned insurance agency based in Natick, Mass. Founded in 1982 by President Janice Ryan, Auburn Insurance specializes …