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We are excited to share an exclusive recording from the Target Markets conference in Scottsdale, AZ, where Meg Green had an engaging discussion with Kevin Donoghue about the current state of the insurance mergers and acquisitions (M&A) market. They delve into the intricacies of the market and how recent trends have impacted valuation multiples. In…
Overview of Transaction Headquartered in Tennessee, the Appalachian Underwriters family of companies collectively form one of the largest end-to-end specialty insurance distribution and TPA platforms in the country. The Firm underwrites and sells Workers’ Compensation, Commercial Specialty, Personal Lines, and Transactional Wholesale through custom programs, and underwriting facilities. Distribution is on a national basis…
Overview of Transaction Founded in 2000, Gremesco of New Jersey (“Gramesco” or “Company”) is a wholesale insurance broker of P&C insurance products and services through retail agents primarily in New Jersey and New York. After assessing a variety of strategies, Gramesco decided to partner with Bridge Specialty Group, a subsidiary of Brown & Brown,…
AssuredPartners Announces Acquisition of Synergy Professional Associates Professional Liability Specialists Join Growing Team in New Jersey LAKE MARY, FL – October 17, 2017 – AssuredPartners, Inc. is delighted to announce the acquisition of Synergy Professional Associates of Fairfield, NJ. Synergy Professional Associates is an established managing general agent and wholesale insurance intermediary devoted to professional…
Mt Franklin Insurance Acquires El Paso, TX based Meridian Insurance May 11, 2017 – El Paso, TX–(El Paso Times) Mt. Franklin Insurance, owned and operated by Bill Carvajal and Shane Lipson, has acquired the El Paso office of Meridian Insurance, a regional insurance broker that decided to leave this market. This is the eighth acquisition…
Lake Michigan Credit Union acquires Walled Lake, MI based Goddard Talmay Insurance Agency Jan 3, 2017 – Goddard-Talmay Insurance of Walled Lake is merging with Lake Michigan Insurance Agency! This merger will benefit our customers to expanded products and services, as well as service levels. LMIA is committed to the highest level of customer service….
PSA Insurance & Financial Services Announces Acquisition of NextLogical Benefit Strategies Acquisition enhances PSA’s group benefits services with new solutions to lower healthcare costs. HUNT VALLEY, Md. (October 17, 2016)—PSA Insurance & Financial Services (PSA), the country’s ninth fastest-growing benefits broker, continues to grow with the acquisition of NextLogical Benefit Strategies, a full-service benefits consultancy…
U.S. Risk L.L.C. Acquires Continental Marine Insurance Services Aug 3, 2016 – DALLAS–(BUSINESS WIRE)–U.S. Risk L.L.C., the nation’s sixth largest Property and Casualty wholesaler, announced that it has acquired Continental Risk Insurance Services DBA: Continental Marine Insurance Services (Continental). Continental is a Lodi, California-based Wholesale Insurance Broker. For 12 years, Continental has served the needs…
AssuredPartners Announces Acquisition of LegacyTexas Insurance Services Bank Sells Insurance Business to National Insurance Broker Lake Mary, Fl, July 11, 2016 : AssuredPartners, Inc. is proud to announce the acquisition of LegacyTexas Insurance Services of Richardson, TX. LegacyTexas Bank has sold the general insurance block of business to AssuredPartners. The staff of 21 will continue…
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