Westfield has completed the acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. for about $125 million. The deal was first announced in September 2022. Westfield said this strategic acquisition establishes the company as a global …
Atlanta-based physician insurer MagMutual Insurance Co reports it has .has completed its acquisition of MDAdvantage Insurance Co. of New Jersey. The deal received final corporate approval and regulatory approval by the New Jersey Department of Banking and Insurance in December. …
BMS Group, the London-based independent specialty insurance and reinsurance broker, announced it has signed an agreement with private equity firm Eurazeo to receive an investment of up to £355 million ($428 million). Eurazeo will also acquire up to 34% of …
Howden, the London-based international insurance broker, announced it has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.) and has signed an alliance with Banca March, March R.S.’s parent company and one of the region’s pre-eminent investment banks. …
Grohs Schrager Hampson Aviation Insurance reports that it acquired Wings Agency of Hainesport, New Jersey on December 22, 2022. Wings Agency was founded by Hobart “Bud” Montee over half a century ago. His daughter, Jenny Heins, took over the firm …
National broker The Hilb Group reported it has acquired Rhode Island-based OceanPoint Insurance, building upon its presence in the New England region. OceanPoint is based in Middletown, and has additional offices in Barrington, Coventry and Tiverton. The independent agency has …
Howden, the international insurance broker, announced it has agreed to acquire Assimovie, the leading TV, film and advertising insurance broker in Italy. The transaction underlines Howden’s continued commitment to invest in expertise by creating a Sport and Entertainment specialty for …
Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform. Financial details of the transaction were not disclosed. This addition of the Nordics personal …
Global broker Arthur J. Gallagher & Co. has agreed to acquire the partnership interests of BCHR Holdings, L.P., which does business under the name Buck. Buck provides of retirement, human relations, and employee benefits consulting and administration services. The organization …
Arthur J. Gallagher & Co. announced the acquisition of São Paulo, Brazil-based Interbrok Group. Financial terms of the deal were not disclosed. In a media statement, J. Patrick Gallagher Jr., chairman, president and chief executive officer of Arthur J. Gallagher, …
