Historic Merger in New York: Bailey Place to Acquire Tanner Ibbotson November 30, 2023 Bailey Place Insurance has agreed to acquire Tanner Ibbotson in a merger of two historic Cortland, New York-based independent insurance...
Aviva to Acquire Canadian Vehicle Replacement MGA Optiom for Circa £100m November 27, 2023 Aviva plc announced the acquisition of Optiom O2 Holdings Inc. from Novacap and other minority shareholders for a consideration of...
Gallagher Acquires New York’s Hughes Insurance Agency November 22, 2023 Arthur J. Gallagher & Co. announced the acquisition of Queensbury, New York-based independent insurance agency, Hughes Insurance Agency, Inc. From...
Alacrity Acquires South Carolina’s Cross Country Adjusting November 21, 2023 Insurance Claims management service Alacrity Solutions Group, has acquired Cross Country Adjusting of Pageland, South Carolina. CCA, founded in 2005,...
Fairfax Offers to Take Agritech Firm Farmers Edge Private at 99% Below IPO Price November 17, 2023 By Derek Decloet Canadian financial group Fairfax Financial Holdings Ltd. offered to buy out minority shareholders of agriculture technology firm Farmers Edge Inc....
Zurich’s Farmers Group Seeks More Fee Income Via Acquisition of 3 Brokers for $760M November 16, 2023 By L.S. Howard Zurich Insurance Group announced that its subsidiary, Farmers Group Inc. (FGI), has agreed to acquire three insurance brokers of the...
American Coastal, Once Affiliated with UPC, Has Buyer for Interboro in New York November 14, 2023 American Coastal Insurance Corp., formerly affiliated with Florida-based United Property & Casualty Insurance, announced it has a cash buyer for...
Clear Group Buys UK’s Peter Hoare & Co. (Insurance Brokers) Ltd. November 14, 2023 The Clear Group, the London-based independent broker, has acquired Peter Hoare & Co. (Insurance Brokers) Ltd., based in Sheffield, England....
Arthur J. Gallagher & Co. Acquires Australia’s Edgar Insurance Brokers November 14, 2023 Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not...
Risk Strategies Acquires New York’s Prince Associates November 9, 2023 National specialty broker Risk Strategies has added a Long Island commercial lines agency to its roster. Boston-based Risk Strategies announced...