wholesale broker acquisition News

One80 Acquires Workers’ Compensation Wholesaler PMC in Massachusetts

Specialty insurance broker One80 Intermediaries reported it has acquired PMC Insurance Group, a workers’ compensation wholesale broker and program manager based in Bedford, Mass. Terms of the deal were not disclosed. PMC offers exclusive and semi-exclusive specialty insurance programs in …

Truist Acquires Constellation Affiliated Partners Wholesaler Platform With 7 MGAs

Truist Insurance Holdings has agreed to acquire Constellation Affiliated Partners from RedBird Capital Partners. The transaction will add approximately $160 million of annual revenue to Truist Insurance Holdings’ wholesale division. Financial terms were not disclosed. Constellation Affiliated Partners is an …

Truist on Track for 5 Acquisitions to Boost Its Wholesale Insurance Business

Charlotte, N.C.-based Truist Insurance Holdings reported that it will complete five insurance acquisitions this quarter, adding more than $100 million of combined annual revenue to its wholesale division. The most recent of these transactions is the acquisition of Wellington Risk …

Risk Innovations Acquires Columbia Commercial General Agency

Atlanta, Ga.-based Risk Innovations LLC has acquired Columbia Commercial General Agency (CCGA), headquartered in Columbia, Mo. The deal was effective Aug. 1, 2015. The acquired business will continue to operate in Columbia under the Risk Innovations name and management team. …

AmWINS to Acquire Bliss & Glennon and eReinsure from Fortegra

North Carolina-based insurance wholesaler AmWINS Group Inc. has agreed to a deal with Fortegra Financial Corp. to acquire both Bliss & Glennon, an excess and surplus lines wholesale insurance broker and managing general agency, and eReinsure, an online platform for …