Article 0 Comments Optio Group, the London-based specialty managing general agent, announced it has acquired the Luxembourg-based MGA, Circles Group for an undisclosed sum, subject to regulatory approval. The acquisition of Circles, Optio’s largest...
Article 0 Comments Conifer Holdings announced that it completed the sale of its insurance agency operations for consideration equal to $45 million (subject to transaction expenses and customary purchase price adjustments), plus possible additional...
Article 0 Comments Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. (KWI), a Victoria, Texas-based agency serving individuals and businesses throughout Texas. This...
Article 0 Comments OneDigital, an insurance brokerage, financial services and human resources firm based in Atlanta, has acquired Elite Insurance Solutions, a property-casualty insurance agency in Franklin, Tennessee, the company announced this week. Elite...
Article 0 Comments Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Ltd. Financial details of the transaction, which is subject to regulatory approval,...
Article 0 Comments Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July. In reverse chronological order, the acquisitions are listed as follows: NFP, the New York-based insurance...
Article 0 Comments Novatae Risk Group announced that it has acquired the assets of Denali Specialty Group, LLC of St. Louis, MO on July 1, 2024. Terms of the transaction were not disclosed. Founded...
Article 0 Comments K2 International, the specialty re/insurance underwriting platform that is owned by private equity firm Warburg Pincus, announced the launch of a London-based MGA called K2 Rubicon Specialty. The new MGA division...
Article 0 Comments Zurich Insurance Company Ltd. has completed the acquisition of a 70% stake in Kotak Mahindra General Insurance Co. Ltd. for US$670 million – marking the largest foreign investment in India’s general...
Article 0 Comments Lenox Advisors, Inc., an affiliate of NFP, an Aon company, reports it has acquired Martin/Wight & Co., a Maryland-based insurance and financial services firm that specializes in serving medical professionals. Founders...