Tysers, the independent Lloyd’s broker and part of AUB Group, announced the sale of its bloodstock broking team and the bloodstock managing agent, Galileo, to Howden. “We had built an exceptional bloodstock business but, as our focus is no longer …
Brookfield Underwriting, the specialist Stockholm-based high net worth managing general agent, announced it has been acquired by Säkra, one of Sweden’s largest insurance intermediaries, which itself has just been acquired by private equity investment firm Cinven. Terms of the transaction …
FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a majority stake in Gibraltar BSN Life Bhd., a move that allows it to tap into the Southeast Asian market’s growth …
BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina), the Spanish specialty insurance and reinsurance broker. The acquisition is set to complete in February 2023, with BMS acquiring Viafina …
National specialty insurance broker Risk Strategies reports it has acquired Bullen Insurance Group, a national specialist focused on high-net-worth families, individuals and their businesses. Bullen operates five offices in New York and Florida and said it clients in all 50 …
Aston Lark, a Howden company, announced it has agreed terms to acquire the independent broker Allegiance Insure Ltd. Financial details of the deal were not disclosed. London-based Allegiance Insure was established by Charles Wintour in 2015. The company specializes in …
Specialty MGA UK, a recently formed managing general agent focused on providing additional capacity for specialty lines of businesses, has acquired the ForestRe team from Globe Underwriting, the UK-based MGA. Financial details of the deal were not disclosed. The team …
Michigan-based independent insurance agency Highstreet Insurance Partners reports it has acquired two Pennsylvania insurance agencies: Lock Haven-based Davis Insurance Agency and Bensalem-based Michael Pigott Agency. Both firms will join Highstreet’s Northeast Region and will report to James Hutchinson, chief marketing …
Amwins Global Risks, the London-based international arm of global specialty insurance broker Amwins, announced the acquisition of Roberts Armytage & Partners (RAP), the specialist, energy and marine-focused London broker. Financial details of the transaction were not disclosed. As the energy …
Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired Franchino Agency, Inc. Hillsborough, New Jersey. Terms were not disclosed. Franchino Agency, headed by Gabe Frangione, president, offers personal and commercial lines policies. Union …
