Business Moves

Brown & Brown, ICA

Brown & Brown Inc. has acquired certain assets of insurance claims adjusting firm ICA Inc., based in Charlotte, N.C. Terms were not disclosed.

With annualized net revenues of approximately $13.2 million, ICA provides insurance claims adjusting and related services, including third party administration (TPA) services, nationally.

CEO Troy Brown founded ICA in 1991.

Following the transaction, the acquired ICA operations will continue to operate from their existing locations in Charlotte,; Richardson, Texas; and Gold River, Calif., under Brown’s leadership.

Sam R. Boone Jr., regional executive vice president of Brown & Brown, says the deal will “broaden and strengthen” insurance claims adjusting operations.

Brown & Brown offers insurance and reinsurance products and related services. Certain Brown & Brown subsidiaries also offer risk management, third party administration and other services.

AmWINS, Bliss & Glennon, eReinsure

AmWINS Group Inc. completed its acquisition of Bliss & Glennon and eReinsure.

AmWINS signed an agreement to acquire the firms from Fortegra Financial Corp. on Dec. 2. Terms were not disclosed.

Bliss & Glennon is an excess and surplus lines wholesale insurance broker and managing general agency. eReinsure is an online platform used by clients to manage the placement of facultative reinsurance.

AmWINS Group Inc. is a wholesale distributor of specialty insurance products and services.

Arthur J. Gallagher

Arthur J. Gallagher & Co. (AJG) made several acquisitions in December 2013.

AJG acquired McIntyre Risk Management LLC in Cherry Hill, N.J. Terms of the transaction were not disclosed.

Established in 2002, McIntyre Risk Management is a retail insurance broker providing retail commercial property/casualty and risk management insurance products and services for the upper middle-market U.S. and international clients.

In addition, McIntyre Risk Management offers insurance support services including risk control strategies, contract reviews, claims management, loss control and modification modeling. McIntyre’s President Anthony McIntyre and his colleagues will continue to operate in their current location under the direction of Douglas Brown, head of Gallagher’s Northeast retail property/casualty brokerage operations.

AJG also acquired Barmore Insurance Agency Inc. in Houston, Texas. Terms of the transaction were not disclosed.

Founded in 1952, Barmore Insurance Agency) is an insurance broker providing retail and wholesale commercial property/casualty, employee benefits and risk management insurance products and services for middle-market clients throughout the south central United States. The agency specializes in construction, engineering, industrial, nonprofits and public entity coverage.

Mike Barmore, Bill Barmore and their associates will continue to operate at their current location under the direction of Mike Henthorn, head of Gallagher’s South Central retail property/casualty brokerage operations.

AJG also acquired Jenkins and Associates in Springfield, Mo. Terms of the deal were not disclosed.

Jenkins and Associates offers employee benefit brokerage and consulting services for corporate clients in the Midwest. The firm specializes in services for public school consortiums and association plans.

Douglas Jenkins and his associates will continue to operate in their current location under the direction of William Ziebell, head of Gallagher’s North Central employee benefit brokerage and compensation consulting operations.

AJG also acquired Cleaveland Insurance Group in Rock Island, Ill. Terms of the deal were not disclosed.

Cleaveland Insurance Group is a retail insurance broker providing property/casualty, employee benefits and risk management insurance services for middle-market clients throughout the central United States.

Phyllis Schwindt, Tom McGovern, Kevin O’Hara and their associates will operate in their current location under Thomas J. Gallagher, head of Gallagher’s Midwest property/casualty brokerage operations, and William Ziebell, head of Gallagher’s North Central employee benefit brokerage and compensation consulting operations.

BUA, Weather Insurance Agency

BUA LLC, a managing general agency based in Portsmouth, N.H., has agreed to purchase Weather Insurance Agency of East Setauket, N.Y.

BUA says Weather Insurance Agency’s weather coverage will complement its event cancellation insurance offerings.

Weather Insurance Agency provides weather coverage for events, such as outdoor fairs, festivals and concerts; film and television shoots that require a certain number of dry hours to complete production; and retail promotions that offer customers a refund if a particular weather circumstance happens on a particular day.

Weather Insurance Agency’s president John Perugini will oversee all aspects of the acquired agency’s business.

Topics USA A.J. Gallagher