Global insurance broker Hub International has acquired the property/casualty and employee benefits businesses of Mumby Insurance Brokers Inc. in Waterloo, Ontario. Terms of the transaction were not disclosed. Mumby Insurance has a focus on architects, landscape architects, engineers and specification …
There were 328 announced U.S. and Canadian insurance agency mergers and acquisitions during the first half of 2019, the second-highest six-month total, trailing only the first half of 2017 when 333 transactions were reported, according to OPTIS Partners’ M&A database. …
Marsh Networks announced a deal with Shawbrook Bank to help its network members secure bank loans to fund mergers and acquisitions or to sell their businesses. As part of the arrangement, Marsh Networks will introduce Shawbrook to broker members seeking …
Holman Insurance Services LLC, a subsidiary of Maple Shade, N.J., based Holman Automotive Group Inc., has acquiredRisk Partners Inc., a Medford, N.J., based commercial insurance brokerage and managing general underwriter. Following the acquisition, Risk Partners will continue to operate under …
Arthur J. Gallagher & Co. acquired The Eriksen Group Inc., in Birmingham, Mich. Terms of the deal were not disclosed. The Eriksen Group is a retirement consulting firm that provides ongoing and project-based retirement consulting services to clients throughout the …
