agency acquisition News

Oakbridge Adds Mississippi Agency, Agents to the Family

Atlanta-based Oakbridge Insurance Agency, which has continued to expand through the partnership model with smaller agencies around the South, announced it has added new agencies and offices in Mississippi. The expansion into the state includes Swoope Insurance, in Columbus, along …

Hub Acquires Delisle Agencies of Canada

Global insurance broker Hub International Ltd. has acquired Delisle Agencies Ltd. of Delisle, Saskatchewan, Canada. Terms of the acquisition were not disclosed. The family-owned Delisle Agencies specializes in personal lines and government automotive insurance solutions. Rob Ouellette, president, will join …

EPIC Acquires Atlanta Specialty Brokerage 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, Ga., with locations in St. Louis, Mo. and Tampa, Fla. …

Hilb Group Acquires North Carolina’s Lake Norman Benefits

The Hilb Group, LLC said it has acquired Lake Norman Benefits of Charlotte, North Carolina. Terms were not disclosed on the transaction that closed on Nov. 1. LNB will continue to operate at its current location under previous owner and …

AssuredPartners Acquires Ramsey Insurance in West Virginia

AssuredPartners has acquired Ramsey Insurance Agency Inc., in Charleston, West Virginia. Terms of the transaction were not disclosed. Ramsey Insurance Agency reports revenues of approximately $1.5 million from selling insurance to 1,500 businesses and 2,500 families in West Virginia. As …

Marsh & McLennan Agency Acquires Senn Dunn in North Carolina

Marsh & McLennan Agency LLC (MMA) said it has acquired Senn Dunn Insurance in North Carolina. Terms of the transaction were not disclosed. Founded in 1927, Senn Dunn has annual revenue of approximately $30 million and 155 employees. In 2013, …

Towne Insurance Acquires North Carolina’s Southern Insurance Agency

Towne Insurance, a subsidiary of Virginia based TowneBank, has acquired Southern Insurance Agency Inc. in Kitty Hawk, North Carolina. The deal continues Towne’s expansion in North Carolina. Southern Insurance will continue operating under its present name and leadership, serving Kitty …

Eastern Insurance Acquires Smith Buckley & Hunt in Massachusetts

Eastern Insurance Group has acquired Smith Buckley & Hunt, an insurance agency based in Brockton, Mass. Smith Buckley & Hunt was founded in 1875 and the Smith Family has owned the agency since 1922. The principals of the agency are …

Arthur J. Gallagher Buys New Zealand’s Mike Henry Brokers

Arthur J. Gallagher & Co. has acquired Mike Henry Insurance Brokers Limited (MHIB), headquartered in Auckland, New Zealand. MHIB has annualized revenues of approximately $4.5 million and 30 staff operating from its offices in Auckland and Christchurch, according to the …

Marsh & McLennan Agency Acquires South Carolina’s Capstone

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, ] has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, South Carolina. Terms of the transaction were not disclosed. Founded in 1995, …