Business Moves

Business Moves

JLT Re, StoneHill Reinsurance JLT Re has acquired StoneHill Reinsurance Partners, a reinsurance intermediary specializing in medical professional liability. StoneHill, which is based in Minneapolis, will form part of JLT Re (North America). Terms of the deal were not disclosed. …

Business Moves

Access Holdco Management, IAT Insurance Group Access Holdco Management has purchased the Massachusetts non-standard auto insurance book of business of Occidental Fire & Casualty Company of North Carolina from Occidental’s parent, IAT Insurance Group (IAT). Access Holdco Management is an …

Business Moves

BrickStreet Mutual, Motorists Mutual BrickStreet Mutual Insurance and Motorists Mutual Insurance Co. are formalizing an affiliation agreement between the two companies.If approved by state regulators and closed as anticipated in July 2017, the affiliation will include more than 1,600 employees, …

Business Moves

USI, Johnson & Bryan USI Insurance Services has completed its transaction to purchase Johnson & Bryan, a retail property/casualty and employee benefits insurance brokerage firm based in Atlanta. Terms of the transaction were not disclosed. USI is a local and …

Business Moves

Verisk Analytics, Analyze Re Data firm Verisk Analytics Inc. has acquired Halifax, Novia Scotia-based Analyze Re, a software analytics provider for the reinsurance and insurance industries founded in 2013. Analyze Re will become part of Boston-based AIR Worldwide, the Verisk …

Business Moves

Markel, EMC, Global Insurance Accelerator Markel and EMC Insurance Companies have invested in the Global Insurance Accelerator (GIA), a business accelerator focused on developing innovative insurance- centric startups. The GIA launched in 2013 modeled on technology accelerators where seed funding …

Business Moves

Evergreen, Sheridan Evergreen Insurance & Risk Management, a Monsey, New York, based insurance brokerage for investment real estate, has acquired the assets of Sheridan & Co. Group LLC and T.J. Sheridan & Co. Inc. Terms of the deal, which closed …

Business Moves

Arthur J. Gallagher, Blue Horizon Arthur J. Gallagher & Co. has acquired Blue Horizon Insurance Services in San Diego. Terms of the deal were not disclosed. Ronald Zappelli and his team will continue to operate in San Diego under the …

Business Moves

World Insurance, AIV Group World Insurance Associates has acquired AIV Group. Terms of the deal were not disclosed. World Insurance is an independent insurance agency headquartered in Tinton Falls, N.J., that specializes in insurance for transportation companies, the hospitality industry, …

Business Moves

U.S. Risk, Kohlberg & Co. Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the private equity firm Kohlberg & Co. With capital and two board members from Kohlberg, U.S. …

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