2019 business moves & mergers News

High Street Insurance Partners Acquires Michigan’s InPro Insurance Group

High Street Insurance Partners (High Street), a full-service insurance brokerage platform owned by the private equity firm Huron Capital, has acquired InPro Insurance Group (InPro), an independent insurance agency in Troy, Michigan. InPro provides commercial, group and personal insurance to …

West Texas Insurance Exchange Acquired by Alera Group

Alera Group, an independent national insurance brokerage and wealth management firm, has acquired West Texas Insurance Exchange Inc., located in Odessa, Texas. West Texas Insurance Exchange serves the insurance needs of many businesses throughout Texas and across the United States. …

Alliant Insurance Services Acquires TCOR Management in Texas

Alliant Insurance Services has acquired TCOR Management, a Texas-based risk management firm. The acquisition will expand the Alliant Energy & Marine talent base by 50 specialists and broaden the surety footprint across Texas. Founded in 1972, TCOR has offices in …

USI Insurance Services Acquires Nebraska’s Marcotte Insurance Agency.

USI Insurance Services (USI) has acquired the Omaha, Nebraska-based benefits, retirement and risk management advisory firm, Marcotte Insurance Agency Inc. Terms of the transaction were not disclosed. Founded in 1927, Marcotte is a premier, multi-line insurance agency that has been …

Hub International Acquires Nebraska Brokerage, SilverStone Group

Global insurance brokerage Hub International Limited (Hub) has acquired Nebraska-based insurance brokerage SilverStone Group (SilverStone). Terms of the transaction were not disclosed. With SilverStone, the company creates a new regional hub to be called Hub Great Plains, which will include …

World Insurance Associates Acquires Texas’ McMillan Insurance Group

World Insurance Associates LLC (WIA) has acquired McMillan Insurance Group of Fort Worth, Texas. Terms of the transaction were not disclosed. Founded in 2011, McMillan Insurance Group provides customized commercial trucking insurance products and services for trucking enterprises of all …

ISMIE Mutual Completes Merger with Southeast Michigan Physicians’ Insurance

The ISMIE Mutual Insurance Co. has completed a merger with the Southeast Michigan Physicians’ Insurance Co. (SEMPIC) after receiving all required regulatory approvals, the company announced. SEMPIC has been providing comprehensive medical professional liability insurance for Detroit Medical Center (DMC) …

MRI Software Acquires Ohio’s Multifamily Insurance Partners

MRI Software (MRI), a global provider of real estate software, has acquired Ohio-based Multifamily Insurance Partners, which provides resident insurance programs for the US multifamily rental market. The launch of MRI Multifamily Insurance gives property managers more choice when it …

Arthur J. Gallagher Subsidiary, Artex Risk, Acquires Texas’ EWI Re

Artex Risk Solutions Inc., a captive and alternative risk transfer specialist subsidiary of Rolling Meadows, Illinois-based global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher & Co., has acquired EWI Re Inc., headquartered in Dallas. Terms of …

Iowa’s Premier Advisors Acquired by Accel Holdings

Accel Wealth Management LLC, a financial services division of Accel Holdings Inc., has acquired Premier Advisors LLC, an independent financial management consulting firm located in Cedar Rapids, Iowa. The Accel Group, an independent insurance agency, has offices in Cedar Falls, …