Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Finn & Stone Inc. Terms of the transaction were not disclosed. Finn & Stone Principals Chip and Jonathan Ams and the Finn & Stone team will join Hub …
One80 Intermediaries has acquired Edward E. Hall and Company (EE Hall). Terms of the deal were not disclosed. One80 is a national wholesale broker, program manager, third-party administrator (TPA), warranty and lender-based insurance provider and insurance aggregator headquartered in Boston, …
World Insurance Associates LLC (WIA) acquired Szerlip & Company of Millburn, New Jersey, on January 1, 2021. Terms of the transaction were not disclosed. Szerlip & Co. is a third generation insurance agency founded by Herbert Szerlip in 1934. His …
Finnish financial group Sampo plc is continuing its transformation into a pure insurance group with an announcement that it will substantially cut its 15.9% stake in Nordea Bank. Sampo’s board and management said the company will focus on high-quality P/C …
Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc. Founded in 1968, Woodbury, New York-based Badge Agency is a full-service, multi-line …
Independent insurance agency Ensurise LLC has merged with the insurance brokerage operations of Howard Eales Inc., effective January 1, 2021. Howard Eales will continue to operate from its Washington D.C. location following the acquisition. Currently in its fourth generation of …
Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance broker and risk adviser. Terms of the transaction, which is subject to regulatory approval, were not disclosed. Completion is expected …
Australia’s competition regulator on Thursday raised initial concerns over Aon’s $30 billion bid for Willis Towers Watson to create the world’s largest insurance broker, close on the heels of a similar move by EU antitrust regulators. The merger could significantly …
The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake in the commercial lines insurance market. Progressive has agreed to pay $23.30 per share in cash, for a total transaction …
Specialist Risk Group (SRG), a London-based specialist insurance broker, has announced the acquisition of a UK trade credit specialist, The Channel Partnership. Financial details of the deal were not disclosed. The Channel Partnership, founded in 1992, provides clients with expert …
