2024 M&A News

World Insurance Acquired Grandview Brokerage of Brooklyn

National insurance broker World Insurance Associates LLC announced that it acquired the business of Grandview Brokerage LLC of Brooklyn, New York last November. Grandview provides commercial and personal insurance with niches in the healthcare, real estate, and jewelry industry. Michael …

Union Bay Acquires Pennsylvania’s Loyalhanna Insurance Group

Loyalhanna Insurance Group of Latrobe, Pennsylvania has been acquired by Union Bay Acquisition LLC, an aggregator of insurance agencies based in Lansdale, Pennsylvania. Terms were not disclosed. This acquisition is Union Bay’s sixteenth, and seventh in the state of Pennsylvania. …

Crum & Forster Sells Credit Insurance Division to Amynta

Insurer Crum & Forster, a subsidiary of Fairfax Financial Holdings Limited, has sold its C&F Credit Division to Amynta Group. The C&F Credit Division underwrites and manages credit insurance products, including mortgage credit and alternative credit risk solutions, primarily for …

Schrager Hampson Aviation Expands With Acquisition of Pennsylvania’s Bilella Agency

Schrager Hampson Aviation Insurance Agency LLC, a division of Schrager Hampson Aviation Insurance Group, has announced the acquisition of Charles W. Bilella Agency Ltd, its sixth aviation insurance acquisition. The Charles W. Bilella Agency, in Blue Bell, Pennsylvania, has served …

Trucordia Acquires Virginia’s Richard King Agency

Insurance brokerage Trucordia reports that its most recent acquisition is the Richard King Insurance Agency, a family-owned brokerage firm in Powhatan, Virginia. The Richard King Insurance Agency has been offering personal and commercial insurance in the greater Richmond area since …

Hub Acquires Fairfield County Bank Insurance Agency

Global insurance broker Hub International Limited announced that it has acquired the assets of Fairfield County Bank Insurance Services, LLC. Terms of the transaction were not disclosed. Headquartered in Ridgefield, Connecticut, with additional offices across the state and in New …

Trucordia Acquires Business of Virginia’s Archibald Insurance

Utah-basrd insurance broker Trucordia has acquired the insurance business of Archibald Insurance, an agency with offices in Richmond, Midlothian and North Chesterfield, Virginia. Archibald Insurance offers personal and commercial insurance. By joining Trucordia, the Archibald team seeks to access expanded …

World Insurance Acquires New England’s NorthStar Insurance

National insurance broker World Insurance Associates LLC reports it acquired NorthStar Insurance Services of Needham, Massachusetts on July 1, 2024. Terms of the transaction were not disclosed. NorthStar was founded in 1995 and is one of New England’s largest insurance …

Afore Adds New Jersey’s BCA Insurance as Mid-Atlantic Partner

Afore Insurance Services, LLC has added BCA Insurance Group (BCA) of New Jersey to its platform as a partner in the Mid-Atlantic region. The acquisition allows BCA to expand its footprint by continuing to operate under the BCA name and …

NFP Acquires AnchorGroup in Upstate New York

Global insurance broker NFP announced it has acquired certain assets of EBA Services LLC, which does business as AnchorGroup, an employee benefits brokerage and consultancy located in Skaneateles, New York. AnchorGroup’s Kiehl Hutchings will join NFP as vice president, Benefits, …