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July 30, 2024
Leavitt Group Buys Augustine Insurance Agency
Utah-based Leavitt Group has acquired Columbus-based Augustine Insurance Agency and relocated its office to Leavitt Group Midwest’s location in Westerville....
By Dealmakers Staff
February 2, 2024
Medical Mutual Signs Agreement to Acquire Paramount Health
Medical Mutual recently announced its intent to purchase Paramount Health, a Northwest Ohio-based health insurance company owned by ProMedica. Paramount, which offers Medicare Advantage, Individual...
By Staff Reports
January 19, 2024
Pan-American Life Closes its Acquisition and Merger of Encova Life Insurance
Pan-American Life Insurance Company completed the acquisition and merger of Encova Life Insurance Company. The transaction will add approximately $60 million in revenues, over $500 million in total...
By Staff Reports
June 23, 2023
Encova Life Insurance Company To Be Acquired by Pan-American Life Insurance
Encova Mutual Insurance Group and Pan American Life Insurance Company announced Encova Life Insurance Company, an affiliate of the Encova Mutual Insurance Group, will be acquired by and merged into...
By Dan Pender
June 23, 2023
Command Investigations, LLC Has Acquired Infoquest Information Services, Ltd.
Monument MicroCap Partners, LLC, a Midwest-based private equity firm, announced its portfolio company, Command Investigations LLC completed the acquisition of Infoquest Information Services, Ltd....
By Dan Pender
July 12, 2022
FormFire Acquired By Iowa's AgencyBloc
Iowa-based AgencyBloc has acquired Cleveland-based FormFire, a provider of quoting and enrollment for small-group benefits and medical health questionnaire data collection for carrier underwriting....
By Michael Marzec
July 6, 2022
SelmanCo bought by Boston insurance broker
Cleveland-based SelmanCo, an insurance broker and third-party administrator, has been acquired by Boston-based One80 Intermediaries, a specialty insurance broker for an undisclosed amount....
By Michael Marzec
July 27, 2020
SMB Insurance Bought By Kernan Insurance Agency
Columbus-based online insurance agency SMB Insurance has been acquired by Kernan Insurance Agency of Powell. Terms were not disclosed....
By Michael Marzec
July 8, 2020
CBIZ Acquires Prince-Wood Insurance
CBIZ Inc. has acquired property and casualty insurance agency Prince-Wood Insurance L.L.C....
By Adam Burroughs
July 1, 2020
Portfolio Completes Purchase Of NAE/NWAN
National Automotive Experts/NWAN has completed its sale to California-based Portfolio. The deal brings together two leading companies in the finance and insurance products market for the automotive industry....
By Michael Marzec
June 10, 2020
Nationwide invests in Planck
Nationwide recently made a venture capital investment in Planck, which has created an artificial intelligence-driven data platform for commercial insurance. The funding, which was part of a $16 million Series B round, comes from Nationwide’s $100 million venture capital investment fund....
By Jayne Gest
June 5, 2020
BroadStreet Partners raises $100M in mezzanine financing
Penfund, an independent provider of junior capital to North American middle market companies in Toronto, recently completed a $100 million second lien debt and equity co-investment in Columbus-headquartered BroadStreet Partners Inc....
By Jayne Gest
May 21, 2020
Oswald’s Bob Klonk: Supply Chain Risk Will Be A Critical Negotiating Point For Post-Pandemic Dealmaking
Health experts have stressed repeatedly that a COVID-19 vaccine is most likely at least a year away, a reality that will be on the minds of dealmakers at every turn, says Oswald Cos. CEO Chairman and CEO Robert J. Klonk....
By Dustin S. Klein & Mark Scott
May 18, 2020
Team Scotti sold to NFP
NFP has acquired LFG Inc., DBA Team Scotti. The Pittsburgh-based company is a national insurance broker offering insurance solutions and employee benefit programs to Major League Baseball and Minor League Baseball and their affiliates....
By Jayne Gest
May 4, 2020
Brown & Brown Completes Deal To Buy Solon-Based Loan Protector Insurance
The Loan Protector operations will join with Daytona Beach, Florida-based Brown & Brown’s subsidiary, Proctor Financial, to operate as Proctor Loan Protector....
By Mark Scott
May 1, 2020
ESS NexTier merges into IMA Financial Group
IMA Financial Group, a Denver-headquartered national insurance brokerage firm, completed its acquisition of ESS NexTier Insurance Group, a similarly structured practice with four offices throughout Pennsylvania....
By Jayne Gest
February 27, 2020
Oswald’s Robert J. Klonk: Culture, Employee-Owners Drive Firm’s Opportunistic Approach To Dealmaking
Acquisitions create opportunity for Oswald Cos., as well as the companies the business pursues for a deal, says Robert J. Klonk....
By Mark Scott
February 6, 2020
Dean Zayed: Ready To Deal, Not Ready To Walk
Dealmaking provides options. Darryl Ronconi and Dean Zayed found a way to sell a majority interest in Brookstone Capital Management and retain a strong voice in the company moving forward....
By Mark Scott
February 5, 2020
CBIZ Snags Alliance Insurance Services, Pension Dynamics Co.
Alliance Insurance Services is based in Washington D.C. while Pension Dynamics is headquartered in Pleasant Hill, California....
By Mark Scott
February 4, 2020
Hylant’s Kim Riley: Dealmaking Provides Opportunity To Those Willing To Put In The Work
Relationship-building is a big part of Kim Riley’s M&A strategy at Hylant Cleveland....
By Mark Scott
January 8, 2020
Hub International Buys Briargate Insurance
Mike Ziegler, owner of Briargate Insurance, will join Hub Midwest....
By Mark Scott
January 7, 2020
Hub International Buys BC-Based RHC Insurance Brokers
Headquartered in Nelson, British Columbia, Canada with nine additional offices across the province, RHC is an independent insurance brokerage that provides personal and business insurance....
By Mark Scott
January 6, 2020
Kuvare Completes Deal To Buy Lincoln Benefit Life Co.
Based in Lincoln, Nebraska, LBL is the third operating U.S. life insurance business acquired by Kuvare since 2016....
By Mark Scott
January 6, 2020
Hub International Buys Cranbrook Bloomfield Insurance Agency
Headquartered in Bloomfield Hills, Michigan, CBIA is an independent insurance brokerage providing personal and commercial insurance, and employee benefits solutions to individuals and businesses....
By Mark Scott
January 3, 2020
Clearcover Closes $50M Series C Funding Round
This round follows the company's $43 million Series B, which closed in January 2019, and brings Clearcover's total funding to more than $104 million since its 2016 founding....
By Mark Scott
January 2, 2020
Bold Penguin buys Virginia-based xagent
Columbus-based Bold Penguin has acquired xagent, an independent, multi-quote platform for standard and surplus lines business insurance market. This strategic acquisition should enable Bold Penguin to better serve insurance carriers, brokers and agents through increased scale and a single choice in the market....
By Jayne Gest
December 19, 2019
Allstate To Phase Out Esurance Brand
Allstate's intent is to combine the Allstate, Esurance, Encompass and Answer Financial organizations into one business model. The Esurance brand will be phased out in 2020....
By Mark Scott
December 19, 2019
Huron Capital-Backed High Street Insurance Partners Buys InPro
Based in Troy, InPro provides commercial, group and personal insurance to businesses ranging from local governments to maintenance services and industrial manufacturing....
By Mark Scott
December 10, 2019
Hub International Buys Montana Business
Based in Missoula, Montana, Troy Carlson will join Hub Mountain, bringing with him a depth of experience in personal and commercial insurance....
By Mark Scott
December 9, 2019
The Institutes acquires three knowledge-sharing platforms from LRP Media Group
Risk & Insurance, National Workers’ Compensation and Disability Conference & Expo and National Ergonomics Conference & ErgoExpo are all part of the deal....
By Adam Burroughs
December 5, 2019
Hub International Buys Blair Jarcik Insurance Agency
Blair Jarcik, president of Blair Jarcik Insurance Agency, will join Hub California and report to Bryan Costello, regional leader for the San Francisco Bay Area....
By Mark Scott
December 4, 2019
Hub International Buys SilverStone Group
Hub completed 66 acquisitions in 2018, accounting for more than $200 million in additional revenue over the past year. To date, Hub has completed 60 deals in 2019....
By Mark Scott
December 3, 2019
Hub International Buys HMBD Insurance Services
Located in Long Beach, California, HMBD is a full-service insurance agency providing multi-line insurance solutions including personal, commercial and employee benefits products for its clients....
By Mark Scott
November 20, 2019
Hub International Buys Assets Of NY-Based JW Retirement Group
The Chicago-based company is buying the brokerage services and investment advisory book of business from William Peragine III, AIF® and John Biondo CRPS....
By Mark Scott
November 12, 2019
Zito Insurance Bought By Risk Strategies
Risk Strategies’ entry into Ohio came with the 2017 acquisition of Brightstone, a specialist focused on next-day delivery and courier businesses with offices in Cleveland....
By Mark Scott
November 12, 2019
Aon’s Vipul Patel explains the role of reps and warranties insurance
The use of reps and warranty insurance is on the rise, as it helps sellers walk away after a deal closes and gives buyers risk protection. Aon's Vipul Patel goes over the nuts and bolts of this M&A tool....
By Jayne Gest
November 7, 2019
MedPilot Co-Founders Bring A Methodical Approach To Scaling Their Business
Matt Buder Shapiro and Nathan Spoden have taken a humble yet confident approach to building MedPilot....
By Mark Scott
November 7, 2019
Hub Completes Two More Deals
Hub International Ltd. has acquired Stevens-Dell & Associates Insurance, as well as the book of business from marine specialist Blake Murphy....
By Mark Scott
November 6, 2019
Clearcover’s Kyle Nakatsuji: Talk To As Many Investors As You Can
Pitching investors works best when you connect with as many as possible, says the auto insurer's CEO....
By Mark Scott
November 5, 2019
Hub Buys Newsura Insurance Services
Roseville, California-based Newsura provides insurance and risk management services to the healthcare industry, specializing in medical professional liability insurance for medical groups....
By Mark Scott
November 4, 2019
Hub Buys RBI Advisory Group
Okotoks, Alberta-based RBI Advisory Group has provided strategic group benefit advisory services to employers and associations for nearly 20 years....
By Mark Scott
October 31, 2019
Dash & Love bought by Risk Strategies
Dash & Love, Inc., a full-service specialty brokerage based just outside of Philadelphia, has been acquired by Risk Strategies, a privately held national insurance brokerage and risk management firm....
By Adam Burroughs
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
