2018 Business Moves & Mergers News

Alliant Acquires CLS Partners in Texas

Alliant Insurance Services Inc. has acquired CLS Partners in Austin, Texas. Clint Scott, CEO of CLS PartnerS, along with the CLS Partners management team and staff, will join Alliant and continue to service clients from offices in Austin and Dallas. …

Chicagoland’s Chatham Insurance Services Acquired by DOXA

Chatham Insurance Services Inc. (Chatham), a provider of errors and omissions insurance to the managed care industry, has been acquired by DOXA Insurance Holdings LLC (DOXA). Chatham will continue its operations under the leadership of Jeff Stetson and his staff, …

Alliant Acquires Texas Employee Benefits Firm, CLS Partners

Alliant Insurance Services has acquired the Austin, Texas-based employee benefits and risk management consulting firm, CLS Partners. The Austin-based firm brings a team of more than 50 professionals to Alliant, bolstering the firm’s presence in the state and continuing its …

TMK Completes Acquisition of WNC Holdings in Southern California

Tokio Marine Kiln has bought the remaining 51 percent share in Irvine, Calif.-based WNC Holdings. WNC, a managing general underwriter, provides a range of specialty risk management solutions including private flood, builders’ risk and lender–placed products. It expects approximately $200 …

Marsh & McLennan Agency Acquires Minnesota’s Klein Agency

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Klein Agency Inc., a St. Paul, Minnesota-based surety and property/casualty agency specializing in the construction industry. Klein Agency is a third-generation family run agency. It …

BKS Partners Enters Georgia Through Partnership with Midsouth Benefits

Baldwin Krystyn Sherman Partners (BKS-Partners), an insurance brokerage and risk management firm headquartered in Tampa, Fla., has partnered with Midsouth Benefits of Atlanta. The merger was finalized on June 22, 2018 and marks BKS-Partners first office in the Georgia market. …

Iowa’s Holmes Murphy Joins Forces with Construction Industry Leader CSDZ

Holmes Murphy has joined forces with privately owned Cobb Strecker Dunphy & Zimmermann Inc. (CSDZ), based in Minneapolis. Holmes Murphy said the merger is its largest to date and strengthens the firm’s depth in the property/casualty and, more specifically, construction …

TrueNorth Acquires Iowa’s Gateway Insurance Services

TrueNorth Companies has acquired Iowa-based Gateway Insurance Services, which will adopt the TrueNorth name and brand. With locations in Ames and Iowa Falls, Gateway Insurance Services has been committed to providing quality insurance products to both communities for nearly 35 …

Austin’s Employer Solutions Group Joins INSURICA

Insurance broker INSURICA, headquartered in Oklahoma City, has acquired employee benefits provider Employer Solutions Group (ESG), based in Austin, Texas. ESG operates throughout Texas under the leadership of Michael Bakonyi and Thomas Seuthe. The entire ESG team will be joining …

Alera Group Acquires Menath Insurance in Nevada

Alera Group has acquired Incline Village, Nev.-based Menath Insurance. Terms of the deal were not announced. Menath Insurance also has offices in Reno, and South Lake Tahoe, as well as in Susanville, Caif. Alera Group announced last week it acquired …