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...
Article 0 Comments The Liberty Co. insurance brokers, based in Gainesville, Florida, continues its expansion with the addition of Ayers Brackfield Insurance in Knoxville, Tennessee. ABI, in business since 1992, has operated in 18...
Article 0 Comments Texas-headquartered Higginbotham, one of the largest independent insurance and benefits firms, has added Adams Benefits of Boca Raton, Florida, to its team, the company said in a news release. The move...
Article 0 Comments Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Australia’s Prasidium Credit Insurance. Terms of the transaction were not disclosed. North Sydney-based Prasidium is a specialist...
Article 0 Comments James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – after a period of legal wrangling that had...
Article 0 Comments Miller, the London-based independent specialist re/insurance broker, announced that GIC, Singapore’s sovereign wealth fund, has completed the acquisition of Cinven’s shares in Miller. GIC and private equity firm Cinven acquired Miller...
Article 0 Comments Plummer Insurance, Inc. announced the acquisition of Classic One Insurance from Riverstone Bank, effective March 15, 2024. Plummer Insurance was established in 1984 by Steve and Helen Plummer. The agency currently...
Article 0 Comments Higginbotham announced it has doubled its presence in Oklahoma’s by adding Glenn Harris & Associates. Glenn Harris & Associates of Oklahoma City was founded by Principal Glenn S. Harris in 1987....
Article 0 Comments Arthur J. Gallagher & Co. announced the acquisition of Washington, Iowa-based Horak Insurance, Inc. Terms of the transaction were not disclosed. Horak Insurance is a retail property/casualty insurance agency serving commercial...
