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Insurance - Articles

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