August 10, 2021
Aston Lark Group, the London-based insurance broker backed by Goldman Sachs, announced it has acquired Essex Insurance Brokers Ltd. Established in 1964 and based in Hornchurch, England, Essex Insurance Brokers serves both personal and business clients in the UK, with …
August 9, 2021
Brookfield Asset Management Inc.’s reinsurance unit has agreed to buy insurer American National Group Inc for about $5.1 billion in an all-cash deal, the companies said on Monday. Started in 1905 by William Lewis Moody Jr., American National is majority-owned …
August 6, 2021
Canary Blomstrom Insurance Agency of Agawam recently became a member of GoodWorks Financial Group, a national network of insurance agencies, according to Canary Blomstrom president Sandy Brodeur. The agency will retain its name, staff and location, and Brodeur will continue …
August 4, 2021
Investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management said they have completed the acquisition of ProSight Global, Inc., a New Jersey-based domestic specialty insurance holding company. As announced in January, the two firms agreed …
August 4, 2021
Aston Lark, the London-based insurance broker backed by Goldman Sachs, announced the acquisition of Plester Group. Established in 1964 and based in Kidderminster, England, with a dedicated team of 19, the Plester Group provides solutions for commercial, personal and specialist …
August 4, 2021
McLarens, the Atlanta-based independent insurance services provider, announced the acquisition of MGB Claims Consultants Inc., a complex commercial claims adjusting firm in Canada. Financial terms of the transaction were not disclosed. Headquartered in Toronto with additional employees in Calgary and …
August 3, 2021
Zurich Insurance Group AG is nearing a deal to buy Deutsche Bank AG’s Italian financial promoters network, according to people familiar with the matter. Zurich has emerged as the leading candidate to buy DB Financial Advisors in a deal that …
August 2, 2021
NFP, a New York City-based insurance broker and consultant, announced it has acquired Aiken Insurances Ltd. (AIL). Financial details of the deal were not disclosed. Dublin-based AIL is a retail and commercial insurance broker which has successfully operated in specialist …
July 29, 2021
Fitch Ratings said it does not expect Liberty Mutual Holding Co. Inc.’s ratings to be impacted by its planned acquisition of State Auto Group for an estimated $1 billion of cash consideration. “Given the relative size of the two organizations …
July 29, 2021
Howden, the London-based insurance broker, announced an agreement to acquire Italian broker Andrea Scagliarini SpA. Financial details of the transaction were not disclosed. By establishing operations in Italy, Howden adds another market to its growing European platform, which enables it …