Business Moves

Business Moves

EPIC, Greyling EPIC Insurance Brokers and Consultants, a retail property/casualty insurance brokerage, has acquired Greyling Insurance Brokerage & Risk Consulting Inc., a specialty insurance broker and risk management consultant based in Atlanta, with locations in St. Louis, Mo., and Tampa, …

Business Moves

Arthur J. Gallagher, The Titan Group, The Forker Co., SGB-NIA Insurance Arthur J. Gallagher & Co. recently acquired The Titan Group LLC, The Forker Co. and SGB-NIA Insurance Brokers. SGB-NIA Insurance Brokers, headquartered in Woodland Hills, Calif., provides retail property/casualty, …

Cooper Gay Creates Latin American Energy Practice

Cooper Gay Miami, the Latin American headquarters of global reinsurance, wholesale and specialty broker Cooper Gay Swett & Crawford (CGSC), announced the creation of a Latin American energy practice. The practice will target regional business with a particular focus on …

RenaissanceRe to Acquire Platinum Underwriters in $1.9 Billion Deal

RenaissanceRe Holdings Ltd. and Platinum Underwriters Holdings Ltd. announced that the companies have entered into a definitive merger agreement under which RenaissanceRe will acquire Platinum. Under the terms of the transaction, the common shareholders of Platinum will receive $76.00 per …

Business Moves – Southeast

AssuredPartners, Premiere Coastal AssuredPartners Inc., through its subsidiary Assured Neace Lukens, has acquired Premiere Coastal Insurance Group. No financial terms were disclosed. Premiere Coastal specializes in insurance for executive and high net worth individuals, businesses, and the aviation industry. Premiere …

Business Moves

Confie Seguros Confie Seguros, a national provider of personal lines insurance, has acquired three insurance brokerages. Confie Seguros acquired The Insurance Market Agency Inc. in Tonawanda, N.Y., and Action Auto Insurance Agency Inc. in Cheektowaga, N.Y. Both Agencies have been part of the …

China’s PICC P&C Plans $1.2 Billion Rights Offer

PICC Property & Casualty Co., China’s biggest non-life insurer, said it plans to raise 7.25 billion yuan ($1.2 billion) in a rights offer in Hong Kong and China to replenish capital. The shares dropped. The insurer will offer 0.9 rights …

Business Moves

Marsh, Torrent Insurance broker Marsh has agreed to acquire Torrent Technologies Inc., which serves write-your-own insurers participating in the National Flood Insurance Program (NFIP). Torrent’s approximately 100 employees will combine with Marsh’s existing flood insurance specialists and remain headquartered in …

Business Moves

Risk Strategies, DeWitt Stern, Crow Friedman Risk Strategies Co., an insurance brokerage and risk management firm based in Boston, and DeWitt Stern, a brokerage and risk advisory firm based in New York City, announced their merger. The combined organization will …

Business Moves

Berkshire Hathaway Specialty Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort. O’Neill joins BHSI with 30 years of fidelity and crime underwriting and management …

Business Moves Archives by Month