Business Moves and Mergers News

Worldwide Facilities Acquires Trinity Underwriting Managers of Georgia

Worldwide Facilities, a national wholesale insurance brokerage and managing general agency, has acquired Trinity Underwriting Managers, Inc. (TUMI), an underwriting manager and wholesale insurance broker specializing in commercial transportation. TUMI offers its products and services across the U.S. through retail agents …

Acentria Expands Into Miami Through Partnership with iSure Insurance Brokers

Acentria Insurance has expanded its presence in South Florida through a merged partnership with iSure Insurance Brokers, located in Miami. Established in 1984, iSure Insurance Brokers specializes in commercial insurance, employee benefits, human resource outsourcing and personal insurance. It will …

USI Expands In Georgia With Acquisition of Atlanta-Based Johnson & Bryan

USI Insurance Services has completed its transaction to purchase Johnson & Bryan, a leading retail property-casualty and employee benefits insurance brokerage firm based in Atlanta, Georgia. This transaction will expand USI’s footprint into a new city and market where USI …

Marsh & McLennan Acquires Florida-Based Vero Insurance

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Vero Insurance, Inc., a Vero Beach, Florida-based independent agency specializing in private client insurance services. Terms of the transaction were not disclosed. Founded in 1960, …

Maritime Program Group Merges with Axiom Insurance Management of Atlanta

Maritime Program Group (MPG), Inc. of Westbrook, Conn., has merged with Atlanta-based Axiom Insurance Management, Ltd. MPG’s President, Christopher Pesce, said the merger with Axiom positions the company to trade on Axiom’s expertise in heavier commercial marine operations as well as …

DTRT Insurance Group Acquires Miami-Based Setnor and Associates

DTRT Insurance Group (Do The Right Thing) has acquired Setnor and Associates, a retail property and casualty insurance brokerage firm based in Miami. The acquisition will expand DTRT’s footprint into a new city and market where the company said it …