Alera Group, an independent, national insurance and wealth management firm, acquired Related Risk, a third-party administrator (TPA) that helps insurance companies and employers generate new premiums and profits by accelerating product speed-to-market while ensuring compliance with emerging and evolving statutory …
Community Bank System Inc. acquired the assets of the New England-based Thomas Gregory Associates Insurance Brokers Inc. (TGA), a property/casualty broker specializing in the food and agribusiness industries. TGA’s assets were acquired by OneGroup, NY Inc., a wholly-owned subsidiary of …
The Liberty Company Insurance Brokers entered into a new partnership with The Budde Agency of Amityville, New York. Founded in 1936, The Budde Agency is led by Richard Budde and Daniel Waldeck and provides personal and business insurance products and …
Canary Blomstrom Insurance Agency of Agawam recently became a member of GoodWorks Financial Group, a national network of insurance agencies, according to Canary Blomstrom president Sandy Brodeur. The agency will retain its name, staff and location, and Brodeur will continue …
The Hilb Group has acquired Massachusetts-based MillBrook Benefits and Insurance Services LLC, strengthening its presence throughout New England. Based in East Longmeadow, Massachusetts, MillBrook specializes in customized benefits solutions for businesses and their employees. Agency Principal Pete Miller and his …
Relation Insurance Services Inc. acquired the assets of The SIG Insurance Agencies. The partnership with SIG strengthens Relation’s existing capabilities and further expands the platform’s geographic presence in the Northeast. Headquartered in Connecticut with additional operations in New York, New …
The Hilb Group (THG) is building its presence in its home state with six acquisitions of Virginia-based agencies so far this month. The acquisitions were effective July 1. “We’re always looking to grow, especially in areas where we already have …
World Insurance Associates LLC (WIA) has acquired McCue Captains Agency of Little Silver, New Jersey, on July 1, 2021. Terms of the transaction were not disclosed. McCue Captains Agency was founded in 1927 as a local independent insurance agent. They …
Burns & Wilcox Brokerage, a business unit of H.W. Kaufman Group solely dedicated to complex wholesale property/casualty brokerage, has opened its newest office in Boston, Massachusetts, and added five brokers to its growing Northeast team. Cooper O’Connor, Brian Sullivan and …
Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired the insurance brokerage assets of Pete Webb Agency. Terms of the transaction were not disclosed. Owner Pete Webb was previously part of Nationwide Mutual Insurance Company’s …
