2019 Mergers & Acquisitions News

Alera Group Acquires Pennsylvania’s Capital Region Benefits

Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired Capital Region Benefits, effective November 1, 2019. Capital Region Benefits, an independent insurance agency located in Camp Hill, Penn., has provided group benefit …

The Hilb Group Acquires Massachusetts’ Gould & Naimoli Partners

The Hilb Group LLC (THG) has acquired Massachusetts-based Gould & Naimoli Partners LLC/G&N Insurance (G&N). The transaction became effective November 1, 2019. G&N is a property and casualty insurance agency primarily providing personal lines insurance to real estate owners in …

Markel to Acquire Virginia’s VSC Fire & Security

Markel Corporation and VSC Fire & Security Inc. have entered into a definitive agreement for Markel to acquire VSC. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2019. Additional terms …

Element Risk Management Acquires Three Insurance Agencies in Virginia, Pennsylvania

Element Risk Management has acquired three new insurance agencies in Virginia and Pennsylvania. Barnes & Phillips Insurance & Financial Services of Woodstock, Va., Crawford Insurance Company of Strasburg, Va., and Brenner Insurance in Hollidaysburg, Penn., are now part of the …

Alera Group Acquires Business Assets of Pennsylvania’s HR inTune

Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired the business assets of HR inTune, effective October 1, 2019. HR inTune, located in Berwyn, Penn., is a human resource consulting firm that …

Relation Insurance Services Acquires Delaware’s S.T. Good Insurance

Relation Insurance Services, a privately owned insurance brokerage that offers property and casualty, risk management, employee benefits and TPA-consulting services through its family of brands across the U.S., has acquired S.T. Good Insurance Inc., an insurance brokerage in Delaware and …

NI Holdings Agrees to Purchase Maryland’s Westminster American Insurance Company

NI Holdings Inc. has signed a definitive agreement to purchase 100 percent of the issued and outstanding stock of Westminster American Insurance Company from private shareholders. Westminster American is headquartered in Owings Mills, Md., and underwrites commercial multi-peril insurance in …

The Hilb Group Acquires New York’s Avanti Associates

The Hilb Group LLC (THG) has acquired New York-based Avanti Associates Ltd., comprised of Associated Insurance Agency of Westchester Inc., Comprehensive Insurance Brokerage Inc. and Bruce Farnham Associates Ltd. The transaction became effective October 1, 2019. Avanti is a full-service …

Seeman Holtz Acquires New Jersey’s Geisenheimer Agency

Seeman Holtz Property & Casualty has announced the acquisition of GIA Insurance Agency (Geisenheimer Insurance Agency), headquartered in Saddle Brook, N.J. Geisenheimer Insurance Agency is a provider of personal and commercial insurance throughout the U.S., Canada, Asia, South America, Caribbean, …

Risk Strategies Acquires Pennsylvania’s Dash & Love

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Dash & Love Inc., a full-service specialty brokerage based just outside of Philadelphia. Terms of the deal were not announced. Founded in 1930, Dash & Love …