May 14, 2021
High Street Insurance Partners (HSIP), a full-service insurance brokerage platform, has acquired New Jersey-based Paladin Insurance Agency and Richardi-Demola Insurance Agency (RD). Terms of the transaction were not disclosed. Both firms specialize in business and personal Insurance solutions. President Tom …
May 13, 2021
Mitchell | Genex | Coventry, a provider of cost containment technology, provider networks, clinical services, pharmacy benefit management (PBM) and disability management, has entered into a definitive agreement to acquire QualCare Alliance Networks Inc. (QANI), a managed care organization serving …
May 13, 2021
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of specialist Irish liability and property managing general agent (MGA), Blackrock Insurance Solutions. Financial details of the acquisition were not disclosed. SRG said this acquisition further demonstrates its commitment …
May 12, 2021
Kaplansky Insurance has acquired its third independent agency of 2021, John P. Riley Insurance. The purchase of the Dorchester, Massachusetts-based business marks Kaplansky’s 37th acquisition overall. John P. Riley opened his insurance agency in 1938 while also working in the …
May 12, 2021
Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health and benefits services to Arthur J. Gallagher & Co. These businesses will be divested for …
May 11, 2021
Riverview Insurance Solutions (RIS), the Alberta, Canada-based middle-market benefit consulting firm, announced it will merge with Sterling Capital Brokers (SCB). The combined company will create the largest independent employee-owned benefit consulting firm in Canada, said SCB in a statement. Founded …
May 10, 2021
Hub International Limited, a global insurance brokerage, has acquired the assets of Ion Insurance Corporation. Terms of the transaction were not disclosed. Headquartered in Cheshire, Connecticut, Ion Insurance is a full service, independent insurance agency providing personal and business insurance …
May 10, 2021
MILAN – Two known Italian business executives said on Monday they would list a 200 million euro ($243 million) special purpose acquisition company (SPAC) in Milan by the end of May to target opportunities in the insurance sector. A SPAC …
May 10, 2021
MILAN – Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond. Ridemovi, which operates micro-mobility services in 17 Italian and Spanish cities, …
May 7, 2021
Alera Group, an independent, national insurance and wealth management firm, has acquired the employee benefits division of Lamb Insurance Services, an insurance broker exclusively dedicated to nonprofit and social service organizations. The acquisition is effective April 1, 2021, and the …