Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, has announced its acquisition of GMG Group, Inc. and its subsidiary, Meyers Glaros LLC. Although the financial terms of the transaction were not disclosed, this strategic move significantly enhances Hub’s operational scope in the Midwest region, particularly in Merrillville, Indiana, where Meyers […]
Hub International Limited (Hub), a premier global insurance brokerage and financial services firm, has expanded its portfolio by acquiring the assets of Combined Benefits, Inc., Combined Commercial Insurance Services LLC., and Combined Employer Services Inc. (collectively known as Combined HCM). The terms of the transaction, which marks a significant enhancement to Hub’s capabilities in human […]
In a significant move within the insurance industry, World Insurance Associates LLC (World), recognized as a Top 50 Insurance Brokerage, announced the acquisition of JBL Trinity Group Ltd. (JBL) on January 1, 2024. JBL, based in Atlantic Highlands, has been a notable provider of diverse insurance products since its establishment in October 1997. Specializing in […]
Conner Strong & Buckelew, an American insurance brokerage and employee benefits consulting firm, has acquired Armstrong, Doyle & Carroll for an undisclosed price. Based in Pennsylvania, Armstrong, Doyle & Carroll is an employee benefits consulting and brokerage firm. Operating since the 1950s, Armstrong, Doyle & Carroll is said to specialize in benefit plan solutions. These […]
PCF Insurance Services, an American insurance brokerage firm, has acquired Virginia-based specialty insurance and home warranty company Professional Warranty Service Corporation (PWSC). The financial terms of the deal were not disclosed. Headquartered in Chantilly, Professional Warranty Service Corporation is engaged in providing risk management solutions across the US. The company is specialized in property management […]
The Hilb Group said that it has acquired an undisclosed employee benefits agency based in Virginia for an undisclosed price. The deal became effective on 1 April 2022, said the property and casualty and employee benefits insurance brokerage. According to Hilb Group, the acquisition has expanded its market footprint in the Mid-Atlantic region. A portfolio […]
Willis Towers Watson (WTW) has agreed to sell Willis Re, its treaty reinsurance brokerage operations, to Arthur J. Gallagher & Co in a deal worth up to $4 billion. The consideration is made up of an upfront cash payment of $3.25 billion followed by an earnout payable in 2025 of up to $750 million in […]
The Hilb Group, a global insurance brokerage, has acquired Rhode Island-based Health Quote for an undisclosed price in a move to further consolidate its Medicare business. Health Quote, which is based in South Kingstown, has specialization in Medicare offerings, which include a comprehensive approach to benefits and counsel for the individuals it serves. The clientele […]
Global insurance brokerage Hub International has acquired the assets of Oregon-based Ward Insurance Agency for an undisclosed price. Ward Insurance Agency, which has offices in Eugene, Medford, and Portland, is an insurance agency that offers commercial and personal insurance, employee benefits as well as risk solutions. The company has been catering to businesses and individuals […]
Global insurance brokerage Hub International said that it has acquired Canadian insurance agency Salvatore Insurance Brokers for an undisclosed price. Based in Sackville, Nova Scotia, the family-owned Salvatore Insurance Brokers serves clients in Atlantic Canada with commercial insurance. The insurance agency is said to specialize in the transportation sector, which supports the specialty practices of […]