Jensten, the London-based independent insurance broking and underwriting group, has completed the acquisition of Berns Brett following regulatory approval. Financial details of the deal were not disclosed. With offices in London, West Sussex and Cavan, Ireland, Berns Brett brings a …
Bermuda-based global specialty insurance firm R&Q Insurance Holdings said on Friday it would divest its insurance and program management business, Accredited, to Onex Corp. for an enterprise value of $465 million. Proceeds from the sale, expected to be around $300 …
Markel, the insurance operation within Markel Group Inc., announced a 49% strategic investment in Certa Insurance Partners, the London-based specialist tax MGA. This move will accelerate the UK-based tax specialist’s product development and geographical expansion plans, while giving Markel further …
Buffalo-based independent agency Lawley has acquired Connecticut-based Shoff Darby Companies, Inc., in what Lawley says is it largest acquisition to date. Lawley will add four locations and 75 employees in Connecticut, as well as increase insurance and benefit products and …
Global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Washington, D.C.-based Clements Worldwide. Clements is an international insurance broker serving expats, diplomats and military personnel as well as offering commercial coverages for nonprofits, contractors, embassies and schools. …
NFP, a New York City-based property/casualty broker, announced its acquisition of The Cronin Insurance Consultancy Ltd., a commercial insurance broker based in the West Midlands, England. This latest acquisition continues NFP’s growth in the region and provides Cronin with access …
Global insurance broker NFP announced it has acquired Benefits & Co., the Florida benefits business of Clearscope, a benefits services and software firm with offices in New York and New Jersey. Based in Sunrise, Florida, Benefits & Co. is an …
Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA Assicurazioni for 280 million euros ($295 million) in cash. Mediobanca, Banca di Credito Finanziario and Rothschild & Co acted as …
World Insurance Associates announced that it acquired the business of Oakwood Insurance Agency, LLC, also doing business as Insure Big Rig, of Califon, New Jersey on October 1, 2023. Oakwood has been providing trucking insurance to customers since 2011. The …
Global Insurance Brokers, a major provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent, announced its acquisition by Aon plc. Financial details of the deal, which is subject to regulatory approval, were not disclosed. Aon and …
