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October 18, 2019

Young Alfred closes $10M VC round

Young Alfred, a Philadelphia-based provider of an online home insurance marketplace that enables consumers to compare and buy home insurance, has raised $10 million in venture funding from undisclosed investors....

By Adam Burroughs

October 17, 2019

Accolade gets $20M from Humana

The strategic investment will allow the two organizations to tailor the Humana with Accolade solution for a broader base of fully-insured and ASO prospects and clients....

By Adam Burroughs

October 8, 2019

Hub International Buys Ontario-Based PDF Financial

Toronto, Ontario-based PDF is an independent brokerage offering consulting and outsourcing services for employee benefit programs, human resources and related financial advice....

By Mark Scott

October 7, 2019

Hub International Buys Assets Of LBA Insurance Services

Based in Chatsworth, California, LBA is a full-service agency providing employee benefits, retirement and consulting services....

By Mark Scott

October 3, 2019

Hub International Buys Doug Johnson Insurance

The company’s president and CEO, Doug Johnson, is a Gainesville native and former quarterback for the University of Florida who went on to play seven years in the NFL....

By Mark Scott

October 3, 2019

Petplan bought by Warburg Pincus

The acquisition is expected to provide Petplan with access to significant capital and resources to drive growth....

By Adam Burroughs

October 2, 2019

Hub International Buys Regency Advisor Corp.

The move is intended to continue the reinforcement of Hub's ongoing Canadian employee benefits growth and services strategy to assemble best-in-class capabilities and entrepreneurial talent across Canada....

By Mark Scott

September 27, 2019

Gallagher To Buy LSG Insurance Partners

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services firm with operations in 35 countries....

By Mark Scott

September 23, 2019

Simplicity purchases EBS

Summit, New Jersey-headquartered Simplicity Group Holdings has acquired Executive Brokerage Services Inc., an independent insurance distribution company based in Pittsburgh. Through acquisition and partnership of insurance distribution organizations and technology companies, Simplicity seeks to provide sophisticated business solutions....

By Jayne Gest

September 23, 2019

Bold Penguin raises $32M in Series B funding

Insuretech startup Bold Penguin Inc. completed a $32 million Series B funding round. The Columbus company, which has raised $51.8 million to date, will use the funds to accelerate R&D by way of growing its employee roster, which doubled in the past year, and lay runway for firm’s expansion into specialty markets that insure high-risk segments....

By Jayne Gest

September 23, 2019

Hub International Buys Denver-Based MRP

Based in Denver and with a second office in Salt Lake City, Utah, MRP provides investment and retirement plan consulting services to corporations, governmental and nonprofit organizations....

By Mark Scott

September 20, 2019

Gallagher buys Andrew Insurance

Arthur J. Gallagher & Co. has acquired Powell, Ohio-based Andrew Insurance Associates Inc. The deal helps Gallagher further build its presence in the Columbus area and brings the company additional strengths in practice areas that it is looking to grow and expand....

By Jayne Gest

September 19, 2019

Hub International Buys WhartonHill Advisors

WhartonHill Advisors offers investment management, retirement plan expertise, investment fiduciary services, wealth management, financial and retirement services planning, and specialized executive benefit services....

By Mark Scott

September 18, 2019

Gallagher buys Allied Insurance Brokers

Arthur J. Gallagher & Co. has acquired Pittsburgh-based Allied Insurance Brokers and its subsidiary, Ascinsure Specialty Risk. The Rolling Meadows, Illinois-headquartered global insurance brokerage plans to utilize Allied’s niche expertise in the crane and scaffold industries as a natural addition to Gallagher’s construction practice capabilities....

By Jayne Gest

September 18, 2019

Brown & Brown Sells General Agency To BenefitMall

The acquisition marks the first time BenefitMall will enter the Pennsylvania market....

By Michael Marzec

September 18, 2019

Hub International Buys NY-Based EPIC Retirement Services

EPIC Co-Founder Eva Kalivas will join Hub Northeast, working with Reich and collaborating heavily with Paul Collins, president and CEO of Hub Northeast....

By Mark Scott

September 11, 2019

Huron Capital-Backed High Street Makes Sixth Acquisition

As one of the largest agencies in the Grand Rapids market, Ottawa Kent has operated for more than 40 years, providing insurance solutions to more than 10,000 customers, with offices in Jenison, Sparta, Holland and Byron Center....

By Mark Scott

September 11, 2019

Frontier Adjusters Bought By UK's Davies Group

Independence-based Merry Meeting Group has sold its Frontier Adjusters Inc. claims adjusting business to Davies Group of London....

By Michael Marzec

September 10, 2019

Reliance Global Group Buys Altruis Benefit Consulting

Bingham Farms-based Altruis serves customers throughout Michigan, specializing in both individual and group health insurance and generated revenue of approximately $2.5 million in 2018....

By Mark Scott

September 9, 2019

Root raises $350M in Series E funding; now valued at $3.65B

This latest round, led by DST Global and Coatue, raises Root’s valuation to $3.65 billion and provides additional capital to accelerate growth in existing markets while expanding into new states and developing new product lines....

By Jayne Gest

September 5, 2019

Grange, Pixel Perfect Ventures invest in analytics startup

TNEDICCA, a Columbus startup in location-based traffic crash intelligence and predictive analytics, has closed $750,000 funding round led by investment firm Pixel Perfect Ventures and Columbus-headquartered Grange Insurance....

By Jayne Gest

September 4, 2019

Hub International Buys Miss.-based Phil Bailey & Associates

The firm has made numerous acquisitions in recent months, including the purchase of two Canadian firms in July....

By Mark Scott

August 28, 2019

Ilya Bodner blazes insuretech trail with Bold Penguin

Serial entrepreneur Ilya Bodner says every startup needs an idea, capital and great people. That's become the lens through which he makes all his decisions in building Bold Penguin, his fast-growing insuretech business....

By Jayne Gest

August 12, 2019

Selling Your Business Can Be An Exhausting Process

For founder Howard Lewis, the act of selling Family Heritage Life was ultimately positive as it gave him the opportunity to pursue other passions in his life. But it was also exhausting....

By Mark Scott

August 7, 2019

Traverse City-Based Hagerty Sells 25 Percent Stake To Markel

Hagerty has sold a 25 percent stake in the company for $212.5 million to Glen Allen, Virgina-based Markel Corp., according to a story published in Automotive News....

By Mark Scott

August 5, 2019

Hub International Buys Insurance Center Of New England

ICNE, with locations in Agawam and Gardner, Massachusetts, provides insurance solutions for personal insurance, business insurance and group employee benefits....

By Mark Scott

July 31, 2019

Nationwide invests in pet app VitusVet

Nationwide has made another strategic investment in VitusVet, a provider of mobile solutions for pet owners and veterinary practices. Nationwide will also serve on the VitusVet board of directors....

By Jayne Gest

July 26, 2019

ATA buys Cincinnati’s InTitle Agency

Farmington Hills-based ATA National Title Group has purchased InTitle Agency to expand its coverage in Ohio and Kentucky....

By Jayne Gest

July 25, 2019

Kuvare Unit To Buy Guaranty Income Life

Upon closing the transaction, Chicago-based Kuvare and its Bermuda-based reinsurance firm, Kuvare Life Re, will have pro forma consolidated assets exceeding $13 billion....

By Mark Scott

July 11, 2019

Cosaint Insurance bought by Hub International Limited

Cosaint Insurance Partners LLC, an independent insurance agency headquartered in Conshohocken, has been acquired by Chicago’s Hub International Limited, a global insurance brokerage....

By Adam Burroughs

July 9, 2019

Hub International Buys The Crichton Group

With TCG, Hub is creating a new regional Hub to be called Hub Mid-South, which will include Hub's existing operations in Tennessee, as well as Kentucky, with the goal of finding other strong partners in those states....

By Mark Scott

July 2, 2019

Hub International Acquires Two Canadian Firms

The acquisitions of BenefitLink Resource Group Edmonton Holdings and Berk Bilgen Insurance Ltd. continue the company's ongoing Canadian growth strategy....

By Mark Scott

June 17, 2019

Hub International Buys California-Based Foster & Parker Insurance

Foster & Parker specializes in home, auto, business, farm, and life & health insurance and risk management solutions....

By Mark Scott

June 13, 2019

GlobalFit acquires The Charge Group

The companies decided to merge following an 18-month partnership with a goal of accelerating the introduction of Charge's in-person and tele-nutrition programs at GlobalFit's 4,500 employer and insurer clients nationwide....

By Adam Burroughs

June 13, 2019

Priority Health buys Southfield' CAM Administrative Services

The third-party administrator of health benefits will continue to operate under its current name....

By Michael Marzec

June 7, 2019

Health Alliance Plan to buy Medicaid plan

The move by the Henry Ford Health System subsidiary marks a re-entrance into the state of Michigan’s Medicaid HMO service area known as Region 10....

By Jayne Gest

May 29, 2019

Part D Advisors Acquires Eligibility Verification Business

The Livonia-based administrator of Medicare’s Retiree Drug Subsidies made its second deal in two months with the purchase of select assets from Plymouth-based Health Decisions....

By Mark Scott

May 29, 2019

Riverside invests in Germany's ACTINEO

ACTINEO is a provider of digitalization, invoice checking and predictive analysis services for bodily injury claims to insurance providers in Germany....

By Adam Burroughs

May 29, 2019

Huron's High Street Insurance Buys Traverse City Agency

Huron Capital-backed High Street Insurance Partners has acquired KorthaseFlinn Insurance & Financial Services, the fourth acquisition for High Street since its formation by Huron Capital in 2018....

By Mark Scott

May 20, 2019

Nationwide, State Auto Labs Invest In Virtual Claims Firm

Snapsheet, a provider of cloud-based insurance claims services, has closed $29 million in Series E funding led by Seattle-based Tola Capital....

By Mark Scott

May 20, 2019

Snapsheet Closes $29M in Series E Funding

The round was led by Seattle-based Tola Capital with participation from new investors Nationwide and State Auto Labs in Columbus and Memphis-based Sedgwick....

By Mark Scott

March 6, 2019

McGowan Cos. acquires, rebrands Edgewater Holdings

The McGowan Cos. has purchased the assets of another insurance underwriter, Edgewater Holdings Ltd., in a move McGowan President and CEO Thomas B. McGowan IV said will further the company’s national growth strategy....

By Adam Burroughs

February 27, 2019

Dan Manges: Root Insurance's journey to unicorn status

Dan Manges shares Root's high-speed capital raising journey and meteoric rise to unicorn status....

By Jayne Gest

July 27, 2018

Risk International 'buys' a partner

Chairman Dave O’Brien takes us inside his approach to searching for investors and explains how he was able to execute the process seamlessly....

By Mark Scott

June 29, 2018

Risk International bought by Boston PE firm

BV will own a majority interest in Risk International, a provider of outsourced risk management and employee benefits advisory and information services....

By Adam Burroughs

June 22, 2018

How captive insurance can add value to your deal

Kelly Price about the challenges that business owners face when it comes to negotiating a deal, how captive programs can fit into the mix and what can happen when you sell to a buyer that hasn’t done the proper due diligence....

By Mark Scott

June 8, 2018

Family Heritage Life Insurance’s Howard Lewis

Howard Lewis about his approach to selling his company, the critical importance of tax planning and the opportunity that exists after you sell your business....

By Mark Scott

May 11, 2018

A.J. Amer Agency bought by Gallagher

The retail property/casualty insurance agency and employee benefit consultant will continue to operate from their current location....

By Adam Burroughs

February 16, 2018

Loan Protector's Dennis Swit

Dennis Swit missed out the first two times his employer was up for sale. He wasn’t going to miss the third time. He talks about the challenges he faced buying the company and how he positioned the company to succeed under his ownership....

By Mark Scott

November 16, 2017

Armada buys Michigan brokerage

Armada has acquired The Reaume Co., based outside of Detroit....

By Adam Burroughs