2021 mergers & acquisitions News

Risk Strategies Acquires New Jersey’s Corrigan Johnston Risk Advisors

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an all-lines brokerage focused on transportation-related industries. Terms of the deal were not announced. Headquartered in Basking Ridge, New Jersey, Corrigan Johnston was founded …

Ensurise Acquires Virginia’s Gerczak Insurance Agency

Effective October 15, 2021, independent insurance agency Ensurise LLC announced its acquisition of the property/casualty insurance brokerage business of Gerczak Insurance Agency Inc. Founded in 2007 by Gary R. Gerczak, Richmond, Virginia-based Gerczak Insurance Agency is a boutique insurance brokerage …

The Hilb Group Acquires Massachusetts’ Forrest Insurance Agency

The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout New England. The transaction became effective October 1, 2021. Agency principals Larry Forrest and Michael Forrest and their team of insurance professionals will be joining …

The Hilb Group Acquires Connecticut’s Gerardi Insurance Services

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. …

The Hilb Group Completes Acquisition of D.F. Dwyer & Associates

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 …

Hub International Limited Acquires Assets of New York’s Safe Harbour Group

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 …

Specialty Program Group Acquires Assets of CM&F Group

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for individuals and groups. CM&F, formerly Cotterell, Mitchell & Fifer, was founded …

Morse Insurance Agency Merges with Habig & Magoon

The Morse Insurance Agency Inc. merged with the Habig & Magoon Insurance Agency on October 1, 2021. In the mid-1980s, the Morse Insurance Agency’s first merger, between the David R. Morse Insurance Agency and the John I. Lowndes Insurance Agency, …

Arthur J. Gallagher & Co. Acquires New York’s Lloyd Bedford Cox

Arthur J. Gallagher & Co. acquired Bedford Hills, New York-based Lloyd Bedford Cox. Inc. (LBC). Terms of the transaction were not disclosed. Founded in 1921, LBC is a fourth-generation retail insurance agency providing insurance coverage, services and risk assessment tools …

Brown & Brown of Massachusetts to Acquire Berkshire Insurance Group

Berkshire Hills Bancorp Inc. and Brown & Brown Inc. announced the execution of a definitive agreement for the sale of the assets and operations of Berkshire Insurance Group, Inc. (BIG), a subsidiary of Berkshire Hills, to Brown & Brown of …