AXA to Complete Acquisition of XL Group Sept. 12 September 11, 2018 AXA announced today that it has obtained all regulatory approvals required to complete the proposed acquisition of XL Group Ltd....
USI Insurance Services Acquires Massachusetts’ The Gaudreau Group September 10, 2018 USI Insurance Services (USI), an insurance brokerage and risk management company, has acquired Wilbraham, Mass.-based The Gaudreau Group. Terms of...
Why Reinsurance Industry Consolidation Will Continue: Fitch September 10, 2018 As global reinsurance executives gathered in Monte Carlo for their annual Reinsurance Rendezvous, Fitch Ratings said it expects consolidation of...
Nexus Completes Acquisition of Castel’s Aerospace MGA Altitude Risk Partners September 10, 2018 Independent specialty managing general agent Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation...
Arthur J. Gallagher & Co. Acquires New York’s United Dealer Services September 7, 2018 Arthur J. Gallagher & Co. has acquired United Dealer Services LLC. Terms of the transaction were not disclosed. Based in...
Hub International Acquires Ontario-Based Access Insurance Brokers September 7, 2018 Hub International Limited (Hub), the Chicago-based insurance broker, announced that it has acquired Access Insurance Brokers Inc. Terms of the...
Tokio Marine Buys Minority Stake in S. Africa Insurer Hollard for African Foothold September 7, 2018 By Loni Prinsloo Japanese insurer Tokio Marine Holdings Inc. agreed to buy a minority stake in South Africa’s Hollard Insurance Co. Ltd. to...
FBinsure Acquires Massachusetts’ Jose S. Castelo Insurance Agency September 5, 2018 FBinsure has acquired the Jose S. Castelo Insurance Agency, an independent agency located in New Bedford, Dartmouth, and Fall River,...
Brown & Brown of Kentucky Acquires Massachusetts’ F&I Resources September 5, 2018 Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets...
French Broker Verlingue Triples Its Size in UK Market with Acquisition of ICB Group September 4, 2018 Specialist corporate insurance broker Verlingue announced it has acquired independent UK broker ICB Group. Financial details of the deal were...