Agents & Brokers News

Brown & Brown Agrees to Acquire Dublin’s Quinlan Insurance

Brown & Brown Inc. announced it has entered an agreement to acquire the general insurance operations of Quinlan Insurance. Financial details of transaction, which is expected to close in late June 2022, were not disclosed. The deal is subject to …

Howden to Acquire UK-Based SPF Private Clients

Howden, the London-based international insurance broker, announced the signing of the acquisition of SPF Private Clients (SPF), subject to regulatory approval. Financial details of the deal were not disclosed. SPF was formed in 2011 after a management buyout and rebrand …

Xenia Buys Majority Stake in Hong Kong’s Capstone Insurance Brokers

Xenia Broking Group Ltd., the credit insurance and surety specialist broker, announced it has acquired a majority stake in Capstone Insurance Brokers Ltd., a Hong Kong-based insurance broker with specialist expertise in financial lines and digital asset insurance. This acquisition …

Arthur J. Gallagher & Co. Acquires UK’s Churchills International Consulting

Arthur J. Gallagher & Co. announced the acquisition of Nottingham, England-based Churchills International Consulting. Terms of the transaction were not disclosed. Founded in 1974, Churchills International Consulting offers comprehensive employee benefits programs to corporate clients, with a focus on the …

NFP Acquires Dublin-Based ReSure Corporate Brokers

NFP, the New York City-based property/casualty insurance broker and consultant, has acquired Irish-owned ReSure Corporate Brokers, a specialist commercial insurance broker. Financial details of the transaction were not disclosed. This latest announcement marks NFP’s third acquisition in Ireland within the …

Canada’s StoneRidge Insurance Brokers Buys Generations Insurance Inc.

Canada’a SIB Corp., operating as StoneRidge Insurance Brokers (SIB), an independent provider of insurance and consulting service, has acquired Generations Insurance Inc., to expand its personal and commercial insurance offerings. Founded in 1999 and located in Scarborough (near Toronto), Generations …

Howden Acquires 2 Italian Brokers: Nord Est Insurance Broker and ASI

Howden, the London-based international insurance broker, further strengthens its presence in Italy with two new acquisitions: Nord Est Insurance Broker and ASI Insurance Brokers. Financial details of the acquisitions were not disclosed. Since establishing its operations in Italy a year …

UK Brokerage Group Jensten Simplifies Corporate Structure, Brands

The Jensten Group, the UK independent insurance broking group, has embarked upon a transformation program across the business which will see it simplify its corporate structure, systems, and brands. The restructure will see the business rationalize over a period of …

London Insurance Brokers Probed for Bribery and Corruption by UK Serious Fraud Office

A handful of London insurance firms are being investigated for bribery and corruption by the UK’s Serious Fraud Office, according to people familiar with the probe. The fraud cops are examining the way firms, including Marsh & McLennan Cos.’ Jardine …

Arthur J. Gallagher & Co. Acquires Canada’s PCI Compensation Consulting

Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based PCI-Perrault Consulting Inc. (doing business as PCI Compensation Consulting). Terms of the transaction were not disclosed. Founded in 2001, PCI is a compensation consulting firm specializing in total compensation …