Business Moves & Mergers News

Beazley Joins Markel Livestock Consortium as 5th Member

Markel International, the London-based specialist insurer that leads the Lloyd’s livestock consortium, has extended the consortium’s aggregate capacity by signing up Beazley as a fifth member. With co-founders Tokio Marine Kiln, Pembroke and AEGIS London, Markel established the consortium in …

BHSI Wins License to Write Reinsurance in Malaysia

Warren Buffett’s Berkshire Hathaway has won a license to provide reinsurance services in Malaysia, the billionaire investor’s group said, as it expands operations in Asia. Berkshire Hathaway Specialty Insurance Co. (BHSI) said in a statement it has established an office in the Malaysian …

Marsh & McLennan Acquires Southeast Brokerage J. Smith Lanier & Co.

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has signed a definitive agreement to acquire West Point, Ga.-based J. Smith Lanier & Co., one of the nation’s largest, privately held insurance brokerage firms. Terms of …

World Insurance Associates Acquires A Berne Insurance in New Jersey

World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., completed its 19th business acquisition on January 1, 2017 with the acquisition of A Berne Insurance based in Old Bridge, N.J. A Berne Insurance, family owned and …

Wisconsin’s Robertson Ryan & Associates Acquires Allied Insurance Centers

Robertson Ryan & Associates Inc., based Milwaukee, Wis., has acquired Allied Insurance Centers. Allied Insurance Centers President James Polaski will continue to own and service his client book and serve as a vice president at Robertson Ryan. Polaski’s father, Harry …

Acentria Insurance Acquires Huff Insurance Agency of Southwest Florida

Acentria Insurance has finalized itd merger with Huff Insurance Agency of Southwest Florida, LLC. Established in 1979, Huff Insurance Agency specializes in personal and business insurance and will continue to operate under their existing corporation name with the same team …

The Crichton Group Acquires RLH Agency in Nashville

The Crichton Group of Tennessee has acquired RLH Agency, LLC, a long-standing Middle Tennessee insurance agency focused on the construction industry. Robert L. Harris, insurance industry veteran and founder of RLH Agency, will join The Crichton Group as a partner. …

RightSure Insurance Purchases American Cornerstone in Arizona

RightSure Insurance Group has acquired Chandler, Ariz.-based American Cornerstone. The purchase of American Cornerstone represents RightSure’s 10th book of business acquisition. American Cornerstone offers a variety of insurance products, including home, renters, motorcycle and RV. Tucson, Ariz.-based RightSure is licensed …

Canada’s CMW & Capri Insurance Services Announce Merger

CMW Insurance Services Ltd. and Capri Insurance Services Ltd. announced they merged on Jan. 1, 2017 to create “one of the largest insurance brokerages and risk management firms in Western Canada.” The two independent and employee-owned British Columbia-based companies have …

Arthur J. Gallagher & Co. Acquires Maryland’s Construction Risk Solutions

Arthur J. Gallagher & Co., an international insurance brokerage and risk management services firm headquartered in Itasca, Ill., has announced the acquisition of Construction Risk Solutions LLC (CRS) in Hunt Valley, Md. Terms of the transaction were not disclosed. Established …