agency M&A 2022 News

District of Columbia’s Howard & Hoffman Agency Merges With Ensurise

Agency partnership organization Ensurise announced the merger of the Washington. D.C.-based independent insurance agency Howard & Hoffman, Inc. The merger with Howard & Hoffman, which became effective June 1, 2022, expands Ensurise’s operations in the Washington, D.C. metropolitan area. Howard …

Franchise Model Britely Insurance to Acquire Empire State Brokerage

Florida-based Britely Insurance reports it has agreed to acquire the assets of Empire State Brokerage Services, a Plainview, New York based wholesale broker operating in more than 25 states. The transaction is expected to close in July of 2022. David …

New York’s NXG Agency Joins Patriot Growth Services

Patriot Growth Insurance Services announced that NXG Insurance Agency Group in Kingston, New York has joined its agency partnership. The partnership expands Patriot’s reach in New York and broadens NXG’s capabilities to a national level, according to the announcement. NXG …

Relation Insurance Grows in East, Acquiring Ex-Nationwide Agency in Connecticut

California-based national agency Relation Insurance Services reports it has acquired the assets of Guilford, Connecticut-based Yerkes-Stephens Insurance. Yerkes-Stephens was previously part of Nationwide Mutual Insurance Co.’s exclusive distribution network. Terms of the transaction were not disclosed. Yerkes-Stephens provides personal and …

World Insurance Expands in New Jersey with Acquisition of J. Stine Agency

World Insurance Associates has acquired J. Stine Agency, Inc. of Little Silver, New Jersey. Terms of the transaction were not disclosed. Stine Agency is a family owned agency offering flood, home, life, auto, boat, business and health insurance. World Insurance …

Hub International Buys Maryland Broker Marketing Management Associates

Global insurance broker Hub International has acquired the assets of Marketing Management Associates, Inc. of Landover, Maryland. Terms of the transaction were not disclosed. Marketing Management Associates is a commercial and personal lines insurance agency. The Marketing Management Associates team …

Hilb Group Acquires New Jersey’s E.B. Cohen Insurance

The Hilb Group said it has acquired E.B. Cohen Insurance and Risk Management, expanding the company’s presence in the tri-state area. E.B. Cohen has offices in both Roseland, New Jersey, and New York, New York and provides insurance and risk …

Alera Group Acquires New York-Based International Broker Foa & Son

Alera Group reports it has acquired Foa & Son, an international insurance broker based in New York City. Terms were not disclosed. Founded in 1861, Foa & Son maintains commercial practice groups in multinational clients, food and beverage, real estate …