Agents & Brokers News

Hub International Acquires Canada Broker Jaimac Risk Management

Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario, Canada, Jaimac is an independent insurance brokerage specializing in risk …

Agency Partnerships: MarshBerry Platform, First Choice Agents Alliance Combine

The MarshBerry Platform announced it has merged with First Choice Agents Alliance (FCAA). The merger will position the combined firms as one of the insurance brokerage industry’s top agency partnerships. MarshBerry Platform and FCAA, each on their own, represent two …

Arthur J. Gallagher & Co. Acquires UK Risk Management Consultant, Another Day

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, announced the acquisition of Another Day Ltd. Terms of the transaction were not disclosed. Founded in 2016, AnotherDay is a London-based risk management consultancy that helps organizations across 90 …

World Insurance Associates Acquires Consumers Choice Underwriters

World Insurance Associates announced its acquisitions of Consumers Choice Underwriters Inc. of Miramar, Florida, on June 1. Terms of the transaction were not disclosed. Consumers Choice writes property/casualty insurance throughout Florida including homeowners, commercial and special event insurance. The agency …

Brown & Brown Completes Acquisition of Specialist Wholesale Broker BdB

Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced the completion of the previously announced acquisition of the general insurance operating companies of BdB Limited. Financial details of the transaction were not disclosed. Formed in 1993, BdB Limited is …

Howden’s Aston Lark Ireland Acquires Sparrow Insurances

Aston Lark Ireland, the insurance broker that recently became part of Howden Broking Group, announced the acquisition of Sparrow Insurances Ltd. Financial details of the transaction were not disclosed. Sparrow Insurances has a history of success and growth across Leinster …

Ardonagh’s Arachas Corporate Brokers to Acquire Glennon Insurances in Ireland

Arachas Corporate Brokers Ltd., a Dublin-based subsidiary of The Ardonagh Group, announced it has reached an agreement to acquire Ireland’s Frank Glennon Ltd., Frank Glennon (Life & Pensions) Ltd., and Administration and Management Services Ltd. Glennon Insurances is a trusted …

Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh

Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Insurance Market Index released by …

Howden Begins French Expansion With Acquisition of C.R.F. Conseils

Howden, the London-based international insurance broker, announced it had agreed to acquire C.R.F. Conseils (CRF), an independent broker that specializes in financial lines. Financial details of the deal were not disclosed. This is Howden’s first acquisition in France since appointing …

Brown & Brown’s GRP Acquires Insurance Portfolio of WM Brokers Ltd.

Global Risk Partners (GRP), part of Brown & Brown, announced it has acquired the general insurance portfolio of Woodward Markwell Insurance Brokers Ltd. (WM Brokers Ltd). The deal marks GRP’s 100th acquisition since 2013, when the business was founded. Financial …