2022 m&a News

Hilb Group Expands in New York Region With Commercial Book Acquisition

The Hilb Group has acquired a book of commercial property/casualty business in the tri-state region. Hilb Group did not identify the seller or size of the book of businesses. The business will be managed by Williston Park, New York-based Hiram …

Risk Strategies Buys Florida Condominium Insurance Agency

Boston-based broker Risk Strategies announced it has acquired Statewide Condominium Insurance, a Vero Beach, Florida, retail broker focused on the condominium and apartment complex sectors. Founded in 1996, Statewide specializes in serving condominium operators and home-owners associations throughout the state, …

Arthur J. Gallagher & Co. Acquires Aviation Insurance Australia

Arthur J. Gallagher & Co., the global insurance broker, announced the acquisition of Brisbane, Queensland-based Aviation Insurance Australia. Terms of the transaction were not disclosed. Founded in 1993, Aviation Insurance Australia is a specialist retail insurance broker serving aviation and …

Jensten Group Acquires UK Specialist Broker Basil Fry & Co.

The Jensten Group, the London-based independent insurance broking group, has acquired specialist commercial broker Basil Fry & Co. for an undisclosed amount. The latest deal, which is subject to regulatory approval, will bring an additional £25 million of gross written …

Aston Lark Buys Commercial Direct Marine Trade Book From Navigators & General

Aston Lark, a Howden company, announced the acquisition of the commercial direct marine trade book from Navigators & General (N&G), part of Zurich UK, to expand its range of insurance products for the marine community. The acquisition of the commercial …

Jensten Acquires Specialist Motor Trade Broker Bellegrove

The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant presence across the UK motor trade and fleet insurance market. The deal, which is subject to regulatory approval, brings £15 …

BMS Acquires Spanish Specialty Broker Eisenar

BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty insurance broker. The terms of the acquisition were not disclosed. Eisenar was founded in 2001 by Eugenio Sanchez-Belda and is …

Union Bay Acquires Pennsylvania’s LaBrozzi Insurance

Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired LaBrozzi Insurance Group, Inc. of Bradford, Pennsylvania. Terms were not disclosed. Debra LaBrozzi is the founder of LaBrozzi Insurance Group, which offers home, auto, …

Xenia to Buy UK Trade Credit Insurance Broker Linda Scott Associates

Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates Limited (LSA). The transaction is expected to complete on Dec. 22, subject to certain closing conditions, following which XBGL will …

Ardonagh Advisory Acquires UK Broker The Professional Indemnity Co.

Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired The Professional Broking Group Ltd., which trades as The Professional Indemnity Co. Financial details of the deal were not disclosed. Based in Chester, England, and established …