agency merger News

Insurance Agency Mergers Hit Near-Record in First Half 2019

There were 328 announced U.S. and Canadian insurance agency mergers and acquisitions during the first half of 2019, the second-highest six-month total, trailing only the first half of 2017 when 333 transactions were reported, according to OPTIS Partners’ M&A database. …

Marsh Networks Arranges M&A Financing Deal for Member Agencies for M&As

Marsh Networks announced a deal with Shawbrook Bank to help its network members secure bank loans to fund mergers and acquisitions or to sell their businesses. As part of the arrangement, Marsh Networks will introduce Shawbrook to broker members seeking …

New Jersey’s Holman Insurance Services Acquires Risk Partners

Holman Insurance Services LLC, a subsidiary of Maple Shade, N.J., based Holman Automotive Group Inc., has acquiredRisk Partners Inc., a Medford, N.J., based commercial insurance brokerage and managing general underwriter. Following the acquisition, Risk Partners will continue to operate under …

Arthur J. Gallagher Acquires The Eriksen Group Of Michigan

Arthur J. Gallagher & Co. acquired The Eriksen Group Inc., in Birmingham, Mich. Terms of the deal were not disclosed. The Eriksen Group is a retirement consulting firm that provides ongoing and project-based retirement consulting services to clients throughout the …