Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second quarter related to the coronavirus and the steep economic decline, according to a report published by Moody’s Investors Service. Indeed, …
Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based Optimum Talent Inc. Terms of the transaction were not disclosed. Founded in 1981, Optimum Talent is one of Canada’s largest privately-owned integrated talent management firms and a Pan-Canadian leader …
Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were not disclosed. Effectus Consulting is a data-driven employee and leadership development firm offering HR and talent development strategies, talent diagnostics, …
Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Stalco Insurance Ltd., a Canadian insurance broker. Terms of the transaction were not disclosed. With locations in Wainwright, Provost and Kitscoty, Alberta, Canada, Stalco Insurance is a family-owned …
The Co-operators has purchased Linda Rioux Assurances, the Warwick, Quebec-based insurance broker. Financial details of the deal were not disclosed. The broker’s portfolio includes home, auto, farm and commercial insurance policies, said The Co-operators, the Guelph, Ontario-based insurer. The company …
Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge Insurance Broker S.R.L, a Lloyd’s wholesale broker and coverholder based in Lucca, Italy. Bridge provides a full suite of property, …
Global broking business, Brokerslink, has continued the expansion of its global network with three new affiliates from Africa, Central America and Asia-Pacific further demonstrating its multinational capabilities and commitment to supporting the growth and development of independent broking. The new …
Newport Beach, Calif.-based NARDAC Insurance Services was recently launched by Jatin Sharma and co-founding partners Bill Kost and Brandon Statton. The new brokerage offers general products and services with highly specialized offerings to serve the renewable energy, conventional power, infrastructure …
EC3 Brokers has received a new investment from existing shareholder BP Marsh & Partners, which will take its holding in the broker to 35%. This investment will help London-based EC3 Brokers broaden its offering and attract entrepreneurial teams to develop …
NFP, a New York City-based insurance broker and consultant, announced the acquisition of Ernest R. Shaw Ltd. in a transaction that closed on Sept. 1, 2020. Financial details of the deal were not disclosed. ER Shaw, located in Birmingham, UK, …
