Boston-based specialty insurance broker One80 Intermediaries reported that it has acquired New York-based Seacoast Specialty Administrators, Inc. Terms of the deal were not disclosed. Established in 1997, Seacoast is a family-owned wholesale broker and program manager specializing in commercial marine …
Truist Insurance Holdings and its wholesale insurance subsidiary CRC Group have closed on the acquisition of Constellation Affiliated Partners, an insurance distribution platform operating seven managing general agents (MGAs) and program managers. The transaction, first announced in May, will add …
The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the fourth-largest wholesale insurance broker in the U.S. The addition of Worldwide broadens Amwins’ specialty capabilities and expands its footprint, especially …
Two of the largest property/casualty insurance wholesalers are looking to merge. The deal will unite Chicago-based Ryan Specialty Group and its nearly $12 billion in premium, and All Risks, headquartered in Delray Beach, Florida, which has close to $2.6 billion …
JenCap Holdings, a consolidator of specialty insurance businesses backed by The Carlyle Group, has agreed to acquire privately-held Aran Insurance Services Group, a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New York. The acquisition of Aran is …
Ryan Specialty Group has acquired the assets and operations of Atlantic Specialty Lines Inc. Terms of the transaction were not disclosed. The ASL team is now a part of R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group. The …
Ryan Specialty Group has agreed to acquire the assets and operations of Atlantic Specialty Lines, Inc. (ASL), a privately-owned wholesale insurance brokerage headquartered in Richmond, Virginia, with additional locations in Illinois, Florida, Louisiana, New York, Pennsylvania and Texas. The ASL …
Two leading Los Angeles-based national wholesale insurance businesses will be joining forces as Worldwide Facilities has agreed to acquire The Sullivan Group. Worldwide Facilities plans to acquire all of the outstanding capital stock of Sullivan. No other financial details were …
Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As in the retail agency segment, consolidation among wholesale brokerages is being driven by buyers with plenty of money to spend, …
Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to acquire CGSC North America Holdings Corp. for …
