acquisition News

EIS Acquires California-based Enterprise Business Solutions from Lemonade

EIS, a system and digital insurance platform provider, has acquired San Francisco, California-based Metromile’s Enterprise Business Solutions, a SaaS-based claims automation and fraud detection system from Lemonade. The company expects the acquisition of the EBS assets to expedite EIS’ entry …

AgentSync Acquires Finvera to Streamline Broker Identity and Licensing Management

Acquisition of identity verification platform Finvera accelerates AgentSync’s goal of being the insurance industry’s most advanced producer management system DENVER, CO, November 4, 2021 –– AgentSync, the company building modern tools and infrastructure to power the insurance industry, today announced …

AgentSync Acquires Broker ID Provider Finvera in California

AgentSync has acquired Finvera, a cloud identity passport for licensed brokers in San Francisco, Calif. Cameron Nordholm, founder of Finvera, joins the AgentSync team as head of product. Terms of the deal were not disclosed. Finvera’s technology complements AgentSync’s licensing …

Confie Expands Portfolio with Two Acquisitions

Largest Personal Lines Insurance Distribution Company Continues Growth With Purchase of ASAP and Axiom Insurance HUNTINGTON BEACH Calif. (July 15, 2021) – Confie, the largest personal lines insurance distribution company in the U.S., today announced it has completed the acquisitions …

Cannabis Wholesaler Cannasure Now Operating in California

Cannasure Insurance Services is now providing its wholesale brokerage and managing general agent services to retail brokers representing insureds domiciled in California. Cannasure announced it will offer property capacity of up to $40 million in total insured values as well …

La Familia Agency, LLC Joins Fiesta Insurance

Combined entity will be leading insurance and tax service retailer specializing in servicing the Hispanic Community Las Vegas, NV – February 4, 2021 – Fiesta Insurance, a leading retail franchisor of insurance and tax services, today continued its expansion in …

Lafayette, Louisiana Based Dwight Andrus Insurance Expands Territory with New Crowley, Louisiana Office

Independent Insurance brokerage, Dwight Andrus Insurance, is pleased to announce its acquisition of Mayeux Insurance Agency in Crowley, LA which extends Andrus’ reach further into western Louisiana. Both firms broker Commercial and Personal Property & Casualty Insurance, Employee Benefits and …

Execs: Wholesalers at Center of Topa Plans After Acquisition of California Insurer

Two key executives involved in the acquisition of Topa Insurance Group by Altamont Capital Partners who spoke about the deal were emphatic about one thing: wholesalers will continue to be the center of the company’s distribution model. Altamont announced on …

Trireme Insurance Group Announces Acquisition of MGB Insurance Brokers Limited

London, UK, September 4, 2018—Trireme Insurance Group, the international subsidiary of U.S. Risk Insurance Group, LLC, is pleased to announce that it has acquired MGB Insurance Brokers Limited (MGB). MGB will operate alongside Trireme’s existing London brokers, Oxford Insurance Brokers …

U.S. Risk Announces Acquisition of L.A. Xcess Insurance Brokers, Inc.

Dallas, TX, March 2, 2018—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired L.A. Xcess Insurance Brokers, Inc., a Los Angeles, California based wholesale broker focused on the entertainment industry. …