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.
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch 
Viewpoint: Healthcare Cyber Insurance at an Inflection Point 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock 
