Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that specializes in accident & health and travel insurance. HGF …
The Hilb Group LLC (THG) has acquired Bruce Crohn LLC. The transaction became effective December 1, 2018. Founded in 2009, Crohn is a full-service employee benefits consultant and insurance brokerage firm located in Cambridge, Mass. It assists in managing the …
Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Superior Payment Plan LLC, a premium finance company based in Depew, N.Y. Terms of the agreement were not shared. Following the transaction, Superior’s operations will become part of …
Shore Bancshares Inc., a financial holding company headquartered in Easton, Md., and The Avon-Dixon Agency LLC, its wholly-owned insurance producer firm, have entered into an asset purchase agreement with Avon-Dixon, an Alera Group Agency LLC (Alera). Alera is a Delaware …
The Hilb Group LLC (THG) has acquired Massachusetts-based Mackintire Insurance Agency Inc. The transaction became effective December 1, 2018. Mackintire is a commercial and personal lines retail insurance agency founded in 1991. Located in Westborough, Mass., the company serves clients …
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Nolen Associates Inc. Terms of the transaction were not disclosed. Located in Springfield, Penn., Nolen Associates is a full-service medical malpractice insurance agency representing more than 1,000 …
Gallagher Bassett, the risk management services subsidiary of Arthur J. Gallagher, has boosted its size and offering in the United Kingdom by acquiring Property Claims Management Services Ltd. (PCMS). With origins dating back to 1991, Tamworth, England-based PCMS business provides …
Kaplansky Insurance, an independent, Needham, Mass.-based agency, has acquired Burak Insurance, located in Canton, Mass. The addition of Burak marks Kaplansky Insurance’s 31st overall acquisition and its fourth for 2018. The agency currently operates 12 locations throughout Massachusetts. Founded in …
Arthur J. Gallagher & Co. announced it has acquired a 40 percent equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100 percent of reinsurance broker, IBS Re Singapore. Other …
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom, which are …
