Business Moves

Business Moves

East Hilb, Cook & Co. Insurance broker The Hilb Group reports it acquired Massachusetts-based Cook & Company Insurance Services in Hanover. Cook & Co. offers health plan consulting and brokerage services to employers in New England, including a specialized focus …

Business Moves

National Applied Systems, Tarmika Applied Systems acquired Tarmika, a commercial lines rating solution that streamlines small business insurance. Tarmika will be integrated with Applied Epic and EZLynx. Over time, users can expect embedded commercial lines quoting capabilities powered by Tarmika …

Business Moves

National Lemonade, Metromile Digital insurer Lemonade said it has closed of the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction. Metromile shareholders received 7.3 million Lemonade shares, while Lemonade received a business with over $155 million in …

Business Moves

East Relation, Insurance Inc. Walnut Creek, California-headquartered Relation Insurance Services acquired the assets of Maryland-based Insurance Inc. Terms of the transaction were not disclosed. Insurance Inc. provides personal and commercial lines insurance and employee benefits throughout Maryland and is headquartered …

Business Moves

National Vertafore, MGA Systems Insurance technology vendor Vertafore reports it has acquired MGA Systems, a provider of software for managing general agencies based in Melville, New York. Vertafore said the acquisition gives its customers access to policy administration and rating …

Business Moves

National JAB, Fairfax, Crum & Forster, PetHealth JAB Holding Co. and Fairfax Financial Holdings Limited said JAB’s pet insurance business agreed to acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group and PetHealth Inc., including all …

Business Moves

National Alleghany Corp., Berkshire Hathaway Alleghany Corp. on June 9 said its stockholders approved and adopted Berkshire Hathaway’s offer to buy the company for $11.6 billion. “We are pleased our stockholders have overwhelmingly voted to support this compelling transaction, which …

Business Moves

East Choice Financial, Fonner Insurance Choice Financial Group has acquired property/casualty insurance agency Fonner Insurance Associates in Abington, Pennsylvania. Fonner has served the greater Philadelphia area for 30 years led by the Fonner family. William and Eric Fonner will continue …

Business Moves

National NSM, Carlyle Group Private equity firm Carlyle Group Inc. has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd. WTM.N for $1.78 billion in cash, according to Reuters. Carlyle said the deal …

Business Moves

National SIAA, Rogue Risk SIAA (Strategic Insurance Agency Alliance) said it has acquired and partnered with Rogue Risk, a digital independent insurance agency. Ryan Hanley, the founder of Rogue Risk, says his agency has a mission to deliver “a ‘No …

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