Bankers Insurance LLC, headquartered in Richmond, Va., has acquired Gateway Insurance Services, Inc., previously owned by Hampton Roads Bankshares Inc.
Gateway Insurance Services Inc. has five offices in eastern North Carolina and one office in eastern Virginia.
Consideration paid by Bankers Insurance LLC includes cash and a Bankers Insurance LLC membership unit to Hampton Roads Bankshares Inc., the holding company of Bank of Hampton Roads.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
The Future of the Agency in a World of AI 
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3 
Trucking App Trucker Path Launches Retail Insurance Agency 
