ManhattanLife, a US life insurance company, has agreed to acquire Utah-based Standard Life and Casualty Insurance Company for an undisclosed price in a move to expand its national presence and complement its product offerings. Founded in 1946, Standard Life and Casualty Insurance provides specialty life, health, accident, and disability. The company has been owned and […]
World Insurance Associates (WIA), a New Jersey-based insurance agency, has acquired Dan Woron Agency for an undisclosed price. Based in Port St. Lucie in Florida, Dan Woron Insurance Agency is an independent agency that specializes in homeowners, auto, life coverage, and business, and also retirement and employee-benefit products. Dan Woron Agency has been serving the […]
Global insurance brokerage Hub International has acquired the assets of Lashua-LaChance & Poliks Insurance Agency for an undisclosed price. Based in Gardner, Massachusetts, Lashua-LaChance is an independent insurance agency that offers personal and business insurance solutions across New England. Founded in 1938, Lashua-LaChance is said to have acquired other local insurance agencies over the years. Peter […]
McGriff, a subsidiary of US insurance broker BB&T Insurance, has acquired Peak Health, a provider of workplace health and wellness programs. Peak Health, which is based in Wilson, North Carolina, offers onsite, nurse-administered health assessments and individual wellness coaching with the objective of enhancing employee well-being and cutting down employer health care costs. On the […]
Texas-based insurance broker Higginbotham has expanded its practice in the San Antonio region by acquiring Amerman Insurance Services for an undisclosed price. Amerman Insurance Services, which is an independent broker in San Antonio, adds eight commercial and personal property/casualty insurance and employee benefit professionals to the existing local practice of Higginbotham. The latter now has […]
Indian insurer SBI General Insurance has introduced Arogya Sanjeevani Health Insurance Policy. which offers hospitalization cover anywhere in India with sums insured in the range of Rs. 1 lakh to Rs. 5 lakhs. The Arogya Sanjeevani policy will also cover the hospitalization treatment cost of COVID-19 and is claimed to help in making affordable health […]
THG acquisition of BR Vital Brokerage : US middle market insurance agency The Hilb Group (THG) has acquired acquisition of New York-based BR Vital Brokerage (BRV) for an undisclosed price, as per the latest insurance acquisition news. BR Vital Brokerage is an independent insurance brokerage firm, which mainly offers property and casualty insurance. The insurance […]
Medical Mutual acquisition of Bravo : Ohio-based insurance company Medical Mutual has agreed to acquire Bravo, a data-driven provider of wellness solutions, for an undisclosed price, as per the latest insurance acquisition news. Bravo, which is claimed to serve over a million users across the US, will operate as a fully-owned subsidiary of Medical Mutual. […]
Inszone Insurance Services, a California-based personal and commercial lines insurance provider, has acquired Arizona-based Jones Wilson Insurance for an undisclosed price, as per the latest insurance acquisition news. Jones Wilson Insurance, which is headquartered in Benson, has been offering insurance services to businesses and residents of Cochise County for close to six decades. Troy Jones […]
US financial services giant Prudential Financial has wrapped up its previously announced acquisition of US online insurance startup Assurance IQ, as per the latest insurance acquisition news. As per the terms of Prudential acquisition of Assurance IQ, announced last month, the online insurance company became a fully-owned subsidiary of the former. The online insurance provider, […]