acquisitions Southeast 2024 News

Independence Pet Buys Bigger Stake in Miami-based Spot Pet Insurance

Independence Pet Holdings has acquired a majority interest in Spot Pet Insurance, an expansion of IPH’s 2022 investment in the Miami-headquartered insurer. Independence, founded in 2021 and helmed by CEO Lane Kent, already handles Spot’s underwriting, customer service, claims and …

FTI Consulting Acquires Madison Group Actuarial Firm

A global risk advisory firm has beefed up its actuarial muscle with the acquisition of Madison Consulting Group, based in Madison, Georgia, and Newtown Square, Pennsylvania. FTI Consulting, which recently released its own annual report on mergers and acquisitions in …

Higginbotham Adds 103-Year-Old FPH&A to the Lineup

Higginbotham, one of the largest independent insurance brokerages, has acquired Alabama-based Fountain, Parker, Harbarger & Associates, a 103-year-old agency. FPH&A was founded in 1921 and has been with some carriers for almost as long, the companies said in a news …

PointeNorth Keeps Growing with 2 More Georgia Agency Acquisitions

Atlanta-based PointeNorth Insurance Group, one of the larger independent agencies in the Southeast, has continued its streak of acquisitions with the addition of Valdosta Insurance Services and Southern Insurance Advisors in Georgia. PointeNorth said in a news release that it …

Tangram Enters Reinsurance Brokerage Market with SC-based Preferred Re

Tangram Insurance Services, an independent managing general agency based in California, has acquired Preferred Reinsurance Intermediaries in Columbia, South Carolina, marking Tangram’s entry into the reinsurance brokerage market. Preferred Re, founded in 1983, works with insurers and reinsurers on traditional …