Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in 2018 and its 24th in 2021 alone. Financial terms of the deal were not disclosed. Established in 2002, insurance broker …
The Hilb Group acquired Connecticut-based Gerardi Insurance Services Inc., increasing its New England footprint. The transaction became effective October 1, 2021. Based in Putnam, Connecticut, Gerardi Insurance offers property/casualty and employee benefits products and services for clients throughout the region. …
There were 553 announced insurance agency mergers and acquisitions during the first three quarters of 2021, up from 490 in 2020, According to an OPTIS Partners’ M&A report, that was the highest recorded total for this period. “Multiple factors that …
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Taupo, New Zealand-based Matt Jensen Insurance Brokers Ltd. Terms of the transaction were not disclosed. Founded in 2005, Matt Jensen Insurance Brokers provides a comprehensive range …
Arthur J. Gallagher & Co., the Rolling Meadow, Ill.-based broker, announced it has completed its acquisition of Mumbai, India-based Edelweiss Gallagher Insurance Brokers Ltd. Financial details of the transaction, which was first announced in July, will not be disclosed. Gallagher …
Hub International Ltd., the Chicago-based global insurance brokerage and financial services firm, announced it has acquired the assets of Rogersworks Inc. Financial details of the transaction were not disclosed. Located in Vancouver, British Columbia, Canada, Rogersworks is an independent benefits …
The Hilb Group acquired a book of personal lines business from Rhode Island-based D.F. Dwyer & Associates LLC. The transaction became effective October 1, 2021, and completes the acquisition of D.F. Dwyer by the Hilb Group. Based in Newport, Rhode …
Howden, the London-based insurance broking group, announced it has reached an agreement to acquire Aston Lark from Goldman Sachs Asset Management and Bowmark Capital. Aston Lark is one of the UK’s leading, independent, specialist complex commercial and private client brokers. …
London-based DUAL, the underwriting arm of Howden Group Holdings, reports it has completed the acquisition of Align Financial Holdings that was announced in August. San Diego-based Align is a specialist general agency and underwriting management group, underwriting more than $680 …
Hub International Limited, a global insurance brokerage and financial services firm, acquired the assets of Safe Harbour Group Ltd. Terms of the transaction were not disclosed. Located in New City, New York, Safe Harbour Group is an independent insurance agency …
