2020 Mergers & Acquisitions News

World Insurance Associates Acquires Virginia’s Hampton Insurance Agency

World Insurance Associates LLC (WIA) has acquired Hampton Insurance Agency LLC of Hampton, Va., on October 1, 2020. Terms of the transaction were not disclosed. Hampton Insurance is a property and casualty insurance agency serving personal and commercial clients throughout …

Alera Group Acquires Massachusetts’ Gordon Atlantic Insurance Agency

Alera Group has acquired Gordon Atlantic Insurance Agency, effective October 1, 2020. Gordon Atlantic joins Alera Group through local firm Sylvia Group. The Gordon Atlantic team will continue serving clients in their existing roles. Terms of the transaction were not …

The Hilb Group Acquires Maryland’s Insurance Solutions

The Hilb Group LLC (THG) has acquired Maryland-based Insurance Solutions (ISI). The transaction became effective on October 1, 2020. Founded in 1989, ISI is a full-service employee benefits agency with expertise in group health and dental, life and disability and …

Clegg Insurance Group Finalizes Acquisition of iCan Benefit Group

Clegg Insurance Group finalized the acquisition of the property and casualty division of iCan Benefit Group late September in Boca Raton, Fla., adding more than 1,500 clients to its book of business and expanding further into South Florida. This is …

Hub International Limited Acquires Assets of Maryland’s Bernstein Insurance

Global insurance brokerage Hub International Limited has acquired the assets of Bernstein Insurance LLC. Terms of the transaction were not disclosed. Bernstein Insurance’s principal owner, Jennifer Bernstein, was previously part of Nationwide Mutual Insurance Company’s exclusive distribution model and is …

Hub International Limited Acquires Virginia’s WFG Benefits

Global insurance brokerage Hub International Limited has acquired the assets of WFG Benefits Inc. Terms of the transaction were not disclosed. Located in McLean, Va., WFG Benefits Inc. is an insurance and employee benefit planning firm with more than 30 …

World Insurance Associates Acquires New York’s Paul Global Benefits

World Insurance Associates LLC (WIA) has acquired Paul Global Benefits Inc. (PGB) of Syosset, N.Y., on September 1, 2020. Terms of the transaction were not disclosed. PGB is an employee benefits consulting firm specializing in health/welfare and retirement services in …

Worldwide Facilities Acquires New Jersey’s Hunt Jorgensen

Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability insurance and related risk management services. Hunt Jorgensen LLC is headquartered in Maywood, …

Reliance Global Group Acquires New York’s UIS Agency

Reliance Global Group Inc. has acquired the assets of UIS Agency LLC, a Thiells, N.Y.-based insurance agency serving the commercial transportation industry. Reliance Global Group CEO Ezra Beyman said in a company press release that UIS will compliment Reliance’s existing …

World Insurance Associates Acquires New Jersey’s Gateway Agency National

World Insurance Associates LLC (WIA) acquired Gateway Agency National of Highlands, N.J., on September 1, 2020. Terms of the transaction were not disclosed. Founded in 1981, Gateway specializes in home, automobile, boating and life insurance needs for clients across New …