Business Moves

Business Moves

National Arthur J. Gallagher, Willis Re Arthur J. Gallagher & Co. has agreed to acquire the treaty reinsurance brokerage operations of Willis Towers Watson, just weeks after a previous Gallagher deal to buy Willis Re fell through when brokers Aon …

Business Moves

National TowerBrook, ProSight Investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management said they have completed the acquisition of ProSight Global, Inc., a New Jersey-based domestic specialty insurance holding company. As announced in January, the …

Business Moves

National Seeto, Pattern Two insurtech managing general agencies plan to merge to tap into embedded insurance demand for travel and other e-commerce businesses. Seeto, which focuses on helping e-businesses build embedded coverage, will merge with Pattern, a startup designed to …

Business Moves

National Zywave, IBQ Comparative Rating Insurance technology provider Zywave has acquired Spokane, Wash.-based IBQ Systems, which offers personal and commercial lines comparative rating. The acquisition expands Zywave’s inventory of carriers and its existing cloud-based personal lines comparative rater, TurboRater, which …

Business Moves

National Bamboo Insurance, First American Bamboo Insurance has acquired certain of the assets of First American Property and Casualty Insurance Agency of Santa Ana, Calif. from parent company title insurer, First American Financial Corp., which is exiting the property/casualty business. …

Business Moves

National Aon, Smooth WTW Global insurance broker Aon has agreed to sell its U.S. retirement business to private investment firm Aquiline and its Retiree Health Exchange individual health insurance business to Illinois-based digital services firm Alight for total gross consideration …

Business Moves

East Risk Strategies, Specialty Insurance Solutions Risk Strategies, a Boston, Mass.-based national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions. SIS offers specialty products and services primarily focused on student health insurance programs, sport accident insurance …

Business Moves

National Insurity, Instec Property/casualty insurance software firm Insurity has completed its acquisition of Instec. Instec is a cloud software maker for mid-size property/casualty carriers, managing general agencies and specialty insurers. Instec’s products help firms migrate, launch or expand complex commercial …

Business Moves

National Appalachian Underwriters, Ethos Appalachian Underwriters Inc. has partnered with life insurance provider Ethos to offer the coverage via the fintech’s online platform. Agents can now quote customers’ life insurance without medical exams, which have been replaced by a few …

Business Moves

National Odyssey Partners, SIAA Private equity firm Odyssey Investment Partners has joined with management of SIAA (Strategic Insurance Agency Alliance), the nation’s largest alliance of independent insurance agencies, to acquire the company. New Hampshire-headquartered SIAA says its model and operations …

Business Moves Archives by Month