Keyes Coverage Expands Portfolio with Strategic Acquisitions of Sabal Benefits, Nat Steinart & Associates, and Robin Lewis, Inc.

The small business insurance platform allows a multi unit owner to buy coverage across multiple states

World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced that it acquired the business of Exchange Underwriters, Inc. of Washington, PA on December 1, 2023. Exchange Underwriters was started by Blair C. Ferguson in 1952 in Canonsburg, PA, and provided personal and commercial lines insurance exclusively in the Washington County area. In 1992, Richard Boyer, the current President, assumed ownership and the agency expanded into the Tri-State Area and throughout the entire United...

Oakbridge Insurance Agency LLC (Oakbridge), one of the largest independent insurance and risk management agencies in the United States, announced a new partnership with Atlanta-based M D Iverson Group. M D Iverson Group specializes in insurance for high-growth businesses and for the leaders of those companies whose needs exceed the ordinary. With a focus on more than simply writing insurance policies, they work with clients to improve processes now, while planning for the future. “The M D...

Collaboration Among SMS' Acquired Partners Fosters Industry Innovation

Mulberri, an AI-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation from existing investors Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partners (via insurance enterprises in its portfolio). Zach Powell, General Partner of Eos Venture Partners, will join Mulberri as a board member. Founded in 2021, Mulberri provides custom-fit solutions for small and medium enterprises through deep partnerships in the...