Business Moves

Business Moves

Aspen, AgriLogic Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services and certain affiliates for cash in a transaction that further diversifies Aspen’s specialty insurance business. AgriLogic, headquartered in Overland, Kan., is a specialist U.S. crop insurer and agricultural consultant …

Business Moves

Swiss Re Corporate Solutions, IHC Risk Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from Independence Holding Co. for $152.5 million in cash. The transaction includes IHC Risk Solutions’ …

Business Moves

NFP, Absolute Advantage, Vanorsdale Insurance NFP Property & Casualty has acquired Lake Havasu City, Ariz.-based Absolute Advantage Insurance Services LLC. NFP also acquired San Diego, Calif.-based Vanorsdale Insurance Services Inc. Both deals closed in December. Terms were not disclosed. Absolute …

Business Moves

Associates of Glens Falls, Loomis & LaPann Associates of Glens Falls Insurance, an independent agency in Glens Falls, N.Y., announced that it has acquired Loomis & LaPann Inc., an insurance brokerage unit of regional commercial bank Glens Falls National Bank …

Business Moves

Endurance, W. Brown Associates Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W. Brown Associates to provide general liability and property coverages for a …

Business Moves

Odyssey, Integro New York private equity firm Odyssey Investment Partners has completed its acquisition of specialty insurance brokerage Integro Ltd. Financial details of the transaction, first announced in August, were not disclosed. Integro said its management team led by William …

Business Moves

Kelso, Risk Strategies Risk Strategies Co., a Boston-Based insurance and benefits brokerage, and Kelso & Co., a New York-based private equity firm, have signed a definitive agreement whereby Kelso will acquire a majority stake in Risk Strategies from Kohlberg & …

Business Moves

AssuredPartners AssuredPartners Inc. announced that its subsidiary, AssuredPartners of New Jersey, acquired Moscker Insurance Agency Inc. in Severna Park, Md. Terms of the transaction were not disclosed. Moscker Insurance Agency specializes in coverage for individuals, businesses, and life and health …

Business Moves

Vanner Insurance, Edmund D. Stevens Vanner Insurance Agency, an independent agency based in Amherst, N.Y., recently acquired Buffalo, N.Y.-based agency Edmund D. Stevens Inc. and its marine division, Stevens Marine Insurance Agency. Terms of the transaction were not disclosed. Under …

Business Moves

RT Specialty, A.J. Renner & Associates R-T Specialty LLC (RT Specialty), the wholesale brokerage unit of Ryan Specialty Group LLC, has acquired A.J. Renner & Associates, an Illinois-based wholesale insurance broker specializing in the life science arena. Following the close …

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