Business Moves

Hub International, Rossmann-Hurt-Hoffman

Hub International Limited (Hub), a global insurance brokerage, has acquired Rossmann-Hurt-Hoffman Inc. (RHH). Terms of the acquisition were not disclosed.

Based in Ellicott City, Md., RHH is a multi-lines insurance solutions provider of commercial and personal lines insurance as well as employee benefits solutions.

Norman Breitenbach, executive vice president of RHH, will join Hub as president of Hub Mid-Atlantic and report to Charles Brophy, president of Hub New England and regional president of the U.S. East region.

Hub is headquartered in Chicago, Ill.,

Higginbotham, Hilb Group of Texas

Fort Worth, Texas-based insurance agency, Higginbotham, has purchased a portion of the Hilb Group of Texas LLC’s operations in San Antonio.

The transaction adds eight insurance and customer service professionals with a book of commercial and personal property/casualty insurance and employee benefit accounts to Higginbotham’s existing 24-person office in San Antonio.

The group’s colleagues have worked together since 2011 when the insurance agency that brought them together was established. That agency was acquired by the Hilb Group in 2015.

Higginbotham entered San Antonio in 2014. The accounts acquired by Higginbotham will continue being serviced by the group under the leadership of Drew Apperson, managing director for Higginbotham in San Antonio.

Kaplansky Insurance, Brooklawn Insurance Agency

Kaplansky Insurance, a Needham, Mass.-based independent agency, has acquired Brooklawn Insurance Agency in New Bedford, Mass.

Founded in 1973, Brooklawn Insurance has built a reputation for providing a range of insurance services to both personal and commercial clients.

The addition of Brooklawn marks the 26th acquisition for Kaplansky. It plans to continue searching for profitable agencies that have a strong reputation both in terms of underwriting and quality of service.

Kaplansky Insurance operates 14 locations throughout Massachusetts.

Gateway-Acentria, L&S Insurance

Gateway-Acentria Insurance has merged with L&S Insurance and Financial Services, Inc., in Fort Lauderdale, Fla.

L&S is a full service independent insurance agency specializing in personal lines coverage, such as home, auto, flood and more. The current L&S Insurance staff will relocate their office to the Gateway-Acentria Insurance main office, also located in Fort Lauderdale.

Gateway-Acentria Insurance is a full-service independent insurance agency working with several national and regional carriers with locations in Fort Lauderdale, Key West and West Palm Beach.

Acentria Insurance is the parent company of Gateway-Acentria Insurance and has over 20 offices throughout Florida, Georgia and South Carolina.

Alera Group, Striewig Bonding Agency

Alera Group, based in Deerfield, Ill., has acquired Striewig Bonding Agency Inc. of Wormleysburg, Penn., effective May 1, 2017. Terms of the transaction were not disclosed.

Since 1952, Striewig Bonding Agency has managed domestic and international surety programs for clients.

Rob Striewig and staff will join the team at American Insurance Administrators LLC, an Alera Group Company, expanding its offerings in the surety/bonding practice.

Alera Group serves clients nationally in employee benefits, property/casualty, risk management and wealth management. It was created by merging 24 entrepreneurial firms across the U.S.

Cross Insurance, A.E. Barnes Insurance

Cross Insurance, a Bangor, Maine-based subsidiary of Cross Financial Corp., has purchased the A.E. Barnes Insurance Agency in South Weymouth, Mass.

Founded in 1915, the A. E. Barnes Insurance Agency has a diverse clientele of both small and large commercial and personal lines clients.

Under the terms of the acquisition, A. E. Barnes Insurance Agency will become a wholly-owned subsidiary of Cross Financial Corp. and will continue to operate under the same name. Former owners Preston Hoffman and Geoffrey Hoffman will continue to manage the South Weymouth office and will continue to serve as president and vice president, respectively.

Cross Insurance owns and operates 14 additional agencies in Massachusetts, including offices in Duxbury, Braintree, Norwell and Quincy; two offices in Boston; three on the North Shore; two in Metrowest; and three in Western Massachusetts.

Financial terms of the acquisition were not disclosed.

Arthur J. Gallagher, Strong Financial

Arthur J. Gallagher & Co. has acquired Strong Financial Resources Inc., with offices in Aurora and Lincoln, Nebraska. Terms of the transaction were not disclosed.

Founded in 1996 by Calvin Strong, Aurora-headquartered Strong Financial offers a broad variety of group and individual health, welfare and retirement products and services to clients primarily throughout central and southeastern Nebraska. Strong and his associates will continue to operate from their current locations under the direction of Jerry Roberts, head of Gallagher’s Heartland Region employee benefit consulting and brokerage operations.

Arthur J. Gallagher & Co., an international

insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois.

Doxa Insurance, Promont Advisors, ProPoint Claims Services

Doxa Insurance Holdings LLC, an Indiana-based private equity fund focused on purchasing managing general agents nationwide, has acquired Chicago-based Promont Advisors and ProPoint Claims Services.

Promont and Propoint specialize in providing insurance and claims administration for difficult classifications of business in the allied health space, along with hard-to-place religious institutions, hotels, motels, apartment complexes, and professional liability.

Promont will operate and market as Promont Insurance Advisors with its brand approach aligning with overall Doxa Insurance strategies.

Doxa Insurance Holdings is located in Fort Wayne, Ind.

Preferred Guardian, AssuredPartners

Dallas-based Preferred Guardian Insurance (PGI) has joined the national broker, AssuredPartners Inc., headquartered in Lake Mary, Fla.

PGI offers all lines of coverage with a specialty in errors and omissions (E&O) insurance for real estate firms. The staff of seven will remain under the leadership of CEO Barney Schwartz and report into the AssuredPartners agency, Florida Insurance Specialists.

Topics Texas Massachusetts A.J. Gallagher