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PCF Insurance Services acquired the insurance business of DLD InsuranceBrokers in Irvine, California. DLD InsuranceBrokers specializes in serving companies in the construction, real estate, manufacturing, medical device and technology sectors.
UK fraud cops have charged an insurancebroker with bribery, after a four-year probe into alleged corruption involving state-run insurance contracts in Ecuador. The Serious Fraud Office accused United InsuranceBrokers Ltd. of failing to prevent associates from bribing state …
announced it has acquired the remaining shares of Philippines-based Philpacific InsuranceBrokers & Managers Inc., Gallagher & Co. dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed. Philinsure is a commercial …
Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton InsuranceBrokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed. The acquisition strengthens …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James InsuranceBrokers, subject to regulatory approval. Financial details of the transaction were not disclosed. This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk …
Miller, the London-based specialist re/insurancebroker, announce it has completed the acquisition of Madrid-based commercial insurancebroker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was announced in May, closed on Sept. 30 following the receipt of all …
Miller, the London-based independent specialist re/insurancebroker, announced the acquisition of reinsurance capital advisory business 4809 Brokers AG. Financial details were not disclosed. As its third Continental European acquisition since 2022, Miller said, the transaction forms part of its continued …
Insurancebroker Aon plc has signed a definitive agreement to acquire UK-based insurancebroker Griffiths & Armour. Financial details of the deal were not disclosed. Upon completion of the transaction, Griffiths & Armour will become wholly owned by Aon UK …
Verlingue, the Quimper, France-based insurancebroker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …
Inszone Insurance Services acquired Nugent InsuranceBrokers LLC in Chico, California. Nugent Insurance will also expand into personal lines by gaining access to Inszone Insurance’s markets … Valerie and Tom Nugent Jr., and Tom Jr.’s ’s daughter, Marissa, will remain with Inszone.
A south Florida insurancebroker is awaiting sentencing after pleading guilty last week to a $134 million scheme that fraudulently enrolled thousands of people in Affordable Care Act health insurance plans. Dafud Iza, 54, of Pembroke Pines, signed a plea …
the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurancebroker Holmes Murphy. SiriusPoint Ltd., SiriusPoint has partnered with Holmes Murphy, headquartered in Waukee, Iowa, and its wholly owned subsidiary and managing general agent Innovative …
Shares of Texas-based insurancebroker TWFG, Inc. begin trading on the Nasdaq Global Select Market today under the symbol TWFG. TWFG said it expects to realize gross proceeds of $187 million and net proceeds of approximately $168.3 million from the …
An insurancebroker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …
Howden, one of the world’s largest closely held insurancebrokers, is in talks to acquire Risk Strategies, according to people with knowledge of the matter. The talks to acquire Risk Strategies, which is ultimately backed by private equity firm Kelso …
Inflexion is nearing a sale of its majority stake in David Roberts & Partners in a deal that values the UK insurancebroker at about £450 million ($579 million), according to people familiar with the matter. The private equity firm …
Two years after it was founded, Hamburgs Marine Alliance is growing through the acquisition of a majority stake in London-based insurancebroker Speedwell, who will join the current partnership of Marine Assekuranz and Fram InsuranceBrokers.
A federal judge on Wednesday sentenced a Miami insurancebroker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using the loans …
along with its wholly owned subsidiary Anderson & Co (InsuranceBrokers) Ltd. Ardonagh Advisory, the Ardonagh Group’s SME broking platform, announced it has acquired Anderson & Co. Holdings) Ltd., Financial details of the transaction were not disclosed. Established over …
Prosecutors report that a New York insurancebroker has admitted his role in a $38 million employment tax fraud scheme involving nursing homes he owned across the country, U.S. Attorney Philip R. Sellinger announced that Joseph Schwartz, of Suffern, New …
Global specialty insurancebroker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. Operating in New York and London, USQ underwrites non-traditional insurance risks. USQ’s operations will become a part of the alternative risk business within Ryan Specialty. The …
As an insurancebroker, open enrollment on the ACA insurance marketplace is likely crucial for your business. You can collaborate with many clients at one time to secure needed coverage. Plus, you can generate significant revenue.
Axis Insurance Managers Inc., the Vancouver, Canada-based insurancebroker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Financial details of the deal were not disclosed. This strategic move strengthens Axis’ presence in the region and enhances …
NFP, an Aon company and insurance brokerage, announced its acquisition of Orca Financial Group, a specialist financial brokerage based in Leopardstown, County Dublin. Financial details of the deal were not disclosed. The Orca team will join NFP’s employee benefits and …
The Clear Group, the London-based independent insurancebroker, announced the acquisition of A-One Insurance Group (A-One), a major commercial insurancebroker in the south of England. Financial details of the transaction were not disclosed. Clear said this latest deal is …
Kingfisher Insurance Services Ltd., the London-based specialist insurancebroker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Financial details of the transaction were not disclosed. As part of the acquisition, a new entity will be created called …
Insurancebroker TWFG’s shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks as the U.S. initial public offering market aims for a recovery. IPOs in the U.S. are attempting to stage a …
The Clear Group, the London-based independent insurancebroker, announced it has acquired Vision Insurance Services Ltd, based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This latest acquisition strengthens Clear’s presence in the south east of …
As an insurancebroker, you have a special opportunity to let your clients know how much their loyalty and business mean to you. Valentines Day is just one of many opportunities to show gratitude to those you care about. By showing appreciation, you not only strengthen your current relationships but also attract new ones.
A former Friendswood, Texas insurance agent turned himself into authorities last week over charges that he fraudulently brokeredinsurance policies, the Friendswood Police Department announced. Edgar Peralta of Edgar Peralta with Peralta Insurance Brokerage LLC, is charged with theft, a …
HUB), the Chicago-based insurancebroker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurancebroker in Mexico. Hub International Ltd. The partnership is a response to Mexico’s growing …
Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurancebroker R.K. Henshall & Co. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Established in 1976, R.K. Henshall & …
a Netherlands-based insurance group. Brown & Brown Inc. announced it has entered into an agreement to acquire Quintes Holding B.V., Brown & Brown acquired Quintes from the private investment firm Aquiline Capital Partners (which purchased a majority stake in Quintes …
InterWest Insurance Services acquired McDermott-Costa InsuranceBrokers in San Leandro, California. McDermott-Costa InsuranceBrokers is an employee owned, regional independent insurance brokerage firm. John Johnson and Mike McDermott will remain in leadership roles.
Front Row InsuranceBrokers LLC hired film insurancebroker Anthony Baratta to its Los Angeles office. Baratta joins Front Row after a 16-year career at Gallagher Entertainment, where he served as area senior vice president. Baratta began his career at …
One person in Texas and four people in Florida, including a previously licensed insurancebroker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three people were arrested at a medical clinic for …
Clear Group, the UK independent insurancebroker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a London-based marine and property specialist. Financial details …
Miller, the London-based specialist re/insurancebroker, announced its further expansion into Asia with the launch of Miller Korea, led by David Kim as head of Korea. Miller Korea will focus on delivering global specialty expertise in the Korean market via …
Clear Group, the London-based independent insurancebroker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s presence in South East England as …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurancebroker. Financial details of the transaction were not disclosed. Founded in 2014 by Chris Williamson, London-headquartered Stonehatch has built a …
We naturally hope that the cyclone changes course again and moves away from the coast but if the predications are correct and it will hit landfall in a very populus part of Australia, both organisations are set to provide the best possible response to those affected and their insurers and general insurancebrokers.
Insurancebroker lead generation is a critical aspect of growing a successful brokerage. At Tosten Marketing, we’ve seen firsthand how effective strategies can transform a broker’s business. How Digital Marketing Boosts Insurance Lead Generation Digital marketing has transformed lead generation for insurancebrokers.
BMS Group, the London-based specialist insurance and reinsurance broker, announced that it has entered into an agreement to acquire the leading insurancebroker Rasher, subject to regulatory approvals. The Rasher business is based in Spain, with Latin American subsidiaries in …
US Senator Bob Menendez’s lawyer told jurors that the politician’s wife failed to tell him details of how she got a Mercedes Benz from a convicted felon who testified during the lawmaker’s corruption trial that the car was a bribe.
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