Friday 27 July 2012

Insurance Mergers & Moves: Friday, July 27, 2012

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Insurance Mergers & Moves
July 27, 2012
Business Moves & Mergers of Special Note

Liberty Mutual Announces Realignment; Names 4 Unit Executives

Jul 26, 2012 -- Boston-headquartered insurance giant Liberty Mutual said it is realigning its strategic business units. The company -- which reported $139 ...

USI Insurance Services Acquires Kelly Insurance Brokerage in New York

Jul 24, 2012 -- USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New ...

Bolton Acquires Reaume

Jul 20, 2012 -- Pasadena, Calif.-based Bolton & Company has joined forces with Reaume Financial Group, an independent insurance agency providing ...

7 New Agencies in Northeast Join Strategic Insurance Agency Alliance

Jul 13, 2012 -- The Strategic Insurance Agency Alliance (SIAA) -- a national alliance of over 4,000 independent insurance agencies -- said seven new ...
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Business Moves & Mergers

Heffernan, VentureLoop Launch Professional Employer Organization

Jul 24, 2012 -- Walnut Creek, Calif.-based Heffernan Insurance Brokers is partnering with VentureLoop to launch VentureLoop HR, a professional employer ...

Insurance Associates Launches F&W Insurance Company

Jul 24, 2012 -- Boulder, Colo.-based Insurance Associates Inc. announced it opened a newly formed company, F&W Insurance. F&W Insurance was ...

Northern United Agents Alliance Launches New Agency in Massachusetts

Jul 24, 2012 -- The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, has teamed up with a group ...

USG Announces New Houston Office

Jul 24, 2012 -- USG Insurance Services Inc., a national wholesaler and MGA, is expanding its Texas operations with a new office in Houston. Rose Perez, ...

Maine-Based Insurance Firm Buys Naming Rights to New Bangor Arena

Jul 23, 2012 -- The City of Bangor, Maine, announced last Friday that its new 8,000-seat multi-purpose sports and entertainment venue currently under ...

U.K.-Based Insurer Amlin Sets Up Reinsurance Unit in New Jersey

Jul 20, 2012 -- UK-based specialist insurer Amlin plc is setting up a U.S. market for casualty reinsurance targeting nationwide business with a focus on ...

CoVerica Acquires Assets of Dallas-Based Unimark Insurance

Jul 19, 2012 -- Dallas-based insurance agency, CoVerica Inc., has acquired the property and casualty insurance assets of Unimark Insurance, also located in ...

Keystone Adds 3 Agency Partners in Georgia

Jul 19, 2012 -- Keystone Insurers Group has added three agency partners in Georgia, bringing its total in the state to five. They newest partners are Burch ...

Whitfield's United Insurance Agencies Join the Leavitt Group

Jul 18, 2012 -- Everett, Wash.-based Whitfield United Insurance Agencies Inc. has joined The Leavitt Group. The agency will now do business as ...

RMIS Going National

Jul 18, 2012 -- Fullerton, Calif.-based RMIS is taking their 34-year-old managing general agency national beginning July. Leading this endeavor will be Jay ...

The Hartford Completes $117.5M Sale of Life Private Placement Unit

Jul 18, 2012 -- The Hartford Financial Services Group has completed the sale of its Hartford Life Private Placement unit to Philadelphia Financial Group. ...

SEBS of the Midwest Merges with Digital Benefit Advisors' Chicago Office

Jul 17, 2012 -- Benefits-only agency, Digital Insurance, announced it has acquired Strategic Employee Benefits Services (SEBS) of the Midwest. The firm now ...

Main Street America, Austin Mutual Insurance Affiliation Finalized

Jul 16, 2012 -- The Main Street America Group, based in Florida, has completed the process of bringing Minnesota-domiciled insurance carrier, Austin Mutual ...

Willis Obtains Commercial Lines Intermediary License from Guernsey

Jul 16, 2012 -- Willis Group Holdings announced that it has been issued a full commercial lines license to conduct insurance intermediary services in ...

Arthur J. Gallagher Buys Employee Benefits Broker Triad USA in Penn.

Jul 13, 2012 -- Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. said it acquired Pittsburgh-based Triad USA Inc. Terms of the ...

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