2018 Business Moves & Mergers News

INSURICA Acquires Oklahoma, Texas Firms; Adds Tolentino to Construction Unit

INSURICA, a privately-owned insurance agency headquartered in Oklahoma City, has acquired two insurance firms and hired Glen Tolentino to its construction practice in the fourth quarter. INSURICA acquired Norman, Oklahoma-based Commercial Insurance.net, an online lead generation and small business agency. …

Houston’s Dean & Draper Insurance Acquires Bill Vawter & Co.

Dean & Draper Insurance Agency LP, headquartered in Houston, has acquired Bill Vawter & Company, a Houston-based agency specializing in personal insurance, employee benefits and a variety of industry-specific commercial insurance options. Founded by Bill Vawter in 1946, the agency …

Hub International Acquires Assets of Apex Insurance Benefits in Idaho

Hub International Ltd. has acquired the assets of Apex Insurance Benefits LLC in Blackfoot, Idaho. Terms of the deal were not disclosed. Troy Goodwin, owner of Apex, will join Hub Mountain and report to Tara Tandrow, executive vice president of …

Hub Acquires Assets of G.P. Barich Insurance Agency in California

Hub International Ltd. has acquired the assets of G.P. Barich Insurance Agency Inc. in Redlands, Calif. George Barich, president of Barich Insurance, will join Hub California and will report to Jim Jesser, executive vice president of Hub California. Terms of …

Alera Group Acquires Ohio Employee Benefits Firm, Bailey & Company

Alera Group has acquired Bailey & Company, an employee benefits firm headquartered in Cincinnati, Ohio. Terms of the transaction were not disclosed. Bailey & Company specializes in a wide variety of employee benefit programs. The firm helps its clients – …

Dallas’ RiskPro Global Partners Acquired by Risk Strategies

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired RiskPro Global Partners, a full-service property/casualty and employee benefits firm headquartered in Dallas, Texas. Terms of the deal were not disclosed. Founded in 2017 by long …

Marsh & McLennan Agency Acquires Minnesota’s Otis-Magie Insurance Agency

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Otis-Magie Insurance Agency Inc., a privately owned independent agency headquartered in Duluth, Minnesota. Terms of the transaction were not disclosed. With origins dating back to …

Arthur J. Gallagher Acquires Chicago Captive Insurance Consultant

Arthur J. Gallagher & Co. has acquired Chicago-based Captive Insurance Company Design and Operations. Terms of the transaction were not disclosed. Formed in 2002 by Clarity Group Inc., Captive Insurance Company Design and Operations is a captive consultant focused exclusively …

Brown & Brown Acquires Texas’ Dealer Associates Inc.

Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all assets of Arlington, Texas-based Dealer Associates Inc. (DAI), the company reported. Since 1990, DAI has provided a broad range of finance and insurance …

AssuredPartners Acquires Ohio’s Carriage Insurance Agency

AssuredPartners Inc. has acquired Carriage Insurance Agency Inc. located in Hudson, Ohio. Carriage Insurance is a general insurance agency who will continue to operate under the leadership of Bill Landess. In operation in Hudson since 1983, the agency currently reports …