2021 mergers & acquisitions News

NFP Acquires Connecticut’s Insurance Provider Group

NFP, an insurance broker and consultant that provides property/casualty, corporate benefits, retirement and individual services, acquired the assets of Insurance Provider Group LLC (IPG). The transaction closed on October 6, 2021. Connecticut-based IPG is a property/casualty insurance broker that provides …

The Hilb Group Acquires New Hampshire’s Clark & Lavey Benefits Solutions

The Hilb Group acquired Clark & Lavey Benefits Solutions Inc., increasing its New England presence and bolstering its range of employee benefits offerings nationwide. The transaction became effective November 1, 2021. Based in Merrimack, New Hampshire, Clark & Lavey Benefits …

World Insurance Associates Acquires New Jersey’s Coe-Brooke Insurance Agency

World Insurance Associates LLC (WIA) acquired Coe-Brooke Insurance Agency Inc. of Point Pleasant, New Jersey, on November 1, 2021. Terms of the transaction were not disclosed. Coe-Brooke Insurance Agency Inc. is a family owned and operated agency with more than …

Risk Strategies Acquires New Jersey’s KRA Insurance Agency

Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired full-service brokerage firm KRA Insurance Agency Inc. Included in the transaction is KRA’s wholly owned subsidiary, KRA Life Agency Inc. Terms of the deal were not announced. …

Kaplansky Insurance Acquires Massachusetts’ Judith M. Flynn Agency

Kaplansky Insurance acquired Judith M. Flynn Insurance Agency Inc., located in Dorchester, Massachusetts. This deal serves as Kaplansky’s fourth acquisition of 2021 and 38th overall and contributes to its growth across New England. Judith M. Flynn Insurance Agency has offered …

World Insurance Associates Acquires Massachusetts’ Pope Insurance Agency

World Insurance Associates LLC (WIA) acquired Pope Insurance Agency Inc. of Plainville, Massachusetts, on October 1, 2021. Terms of the transaction were not disclosed. Pope Insurance Agency Inc. is a multi-line insurance agency. It offers personal insurance for car, home …

Risk Strategies Acquires Connecticut’s TriPoint Insurance

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired TriPoint Insurance Inc., a national specialist providing Performance Based Insurance (PBI) solutions to middle market companies in the construction, manufacturing, wholesale and skilled nursing verticals. TriPoint’s PBI solutions …

BKS Partners Enters Agreement to Acquire Construction Risk Partners

Baldwin Krystyn Sherman Partners LLC (BKS Partners) entered into an agreement to acquire all the outstanding equity interests of Construction Risk Partners LLC (CRP). The transaction is expected to close on or around December 1, 2021, subject to certain closing …

Risk Strategies Acquires Connecticut’s Pawson Insurance

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Pawson Insurance, a full-service retail insurance brokerage specializing in property/casualty and employee benefits solutions. Terms of the deal were not announced. Headquartered in Branford, Connecticut, Pawson Insurance was …

Smith Brothers Insurance Acquires Massachusetts’ Oxford Insurance Agency

Smith Brothers Insurance, based in Glastonbury, Connecticut, has acquired Oxford Insurance Agency, an independent insurance agency in Oxford, Massachusetts. The transaction is effective November 1, 2021. The acquisition expands Smith Brothers Insurance’s footprint in Massachusetts and allows Oxford Insurance to …