Business Moves

Business Moves

Patriot National, Brandywine Fort Lauderdale, Fla.-based Patriot National Inc. has acquired Brandywine Insurance Advisors, a specialty insurance brokerage focusing on the construction industry. Patriot National said the total purchase price, assuming all earn-out criteria are met, would be $4.2 million. …

Business Moves

Marsh & McLennan Agency, MHBT Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh LLC, has acquired Dallas-based MHBT Inc., one of the nation’s largest independent insurance brokers. Terms of the transaction were not disclosed. With roots dating back …

Business Moves

Confie Seguros Confie Seguros, based in Huntington Beach, Calif., has acquired three new insurance brokerages in Buffalo, N.Y. Terms of the transactions were not disclosed. Confie acquired three agencies all providing auto insurance – Able Insurance Agency; Linda’s Able Insurance; …

Business Moves

Orchid Underwriters, Coastal Agents Alliance Orchid Underwriters Agency LLC, a Vero Beach, Fla.-based program administrator and wholesale broker of excess & surplus (E&S) insurance focusing on coastal properties, has acquired Coastal Agents Alliance, a managing general agent (MGA) in West …

Business Moves

AssuredPartners, Platinum Planning AssuredPartners Inc. has completed the acquisition of Platinum Planning (doing business as Walsh Benefits). Terms of the transaction were not disclosed. Walsh Benefits operates in the New Jersey cities of Fair Haven and Cranford under the leadership …

Willis Makes Firm Offer for Remaining Shares of French Broker Gras Savoye

Willis Group Holdings plc announced that it has made a firm offer to acquire the remaining 70 per cent that it does not currently own of French insurance broker Gras Savoye, and to accelerate closing the transaction. Willis acquired its …

Business Moves

Confie Seguros, Your Insurance Spot, Wise Insurance Agency, Bronkie Agency Confie Seguros, a national provider of personal lines insurance based in Huntington Beach, Calif., has acquired three East Coast insurance brokerages. Confie Seguros acquired the assets of Your Insurance Spot …

Brokerslink Restructures Board to Drive New Global Growth

Independent insurance broker network Brokerslink announced that it has “restructured its Board of Directors to drive growth and revenue generation following its change from a not-for-profit association to a for-profit global broking company.” The group’s premiums and consulting fees are …

Business Moves

Brown & Brown, Spain Agency Brown & Brown Inc. announced that its subsidiary Brown & Brown of New York Inc. has acquired certain assets of Spain Agency Inc., an independent agency based in Mahopac, N.Y. Terms of the transaction were …

Business Moves

Integro, Design Insurance Agency Insurance brokerage and risk management firm Integro has acquired Design Insurance Agency Inc., a specialist brokerage providing professional liability coverage and risk management services to architects, engineers and other design consultants in private practice. Financial details …

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