Insurance Brokerage Newfront announces SOC 2, Type 2 Certification

Newfront, the tech-driven insurance brokerage firm based in San Francisco, announced the company has achieved Service Organization Control Type 2 (SOC 2, Type 2) compliance certification. The SOC 2, Type 2 report is a comprehensive evaluation of how an organization manages data issued by the American Institute of CPAs (AICPA) and is the highest security and data protection rating available. “This prestigious certification marks a significant milestone in our ongoing commitment to ensuring the security and...

Gallagher released new study results

Gallagher, a global insurance brokerage, risk management and consulting services company, commissioned a survey of 1,000 U.S. business owners aimed to glean insights on their mindset around risk mitigation. Despite the majority (97%) of business owners having business-related insurance policies, an overwhelming 83% expressed worries about specific events or losses that have the potential to affect their business, and another 83% are either actively looking or very likely to seek additional insurance policies to provide...

Westland Insurance acquired two P&C brokerages

Westland Insurance, Canada’s leading independently-owned insurance brokerage, announced that it acquired two P&C brokerages: Hubbard Insurance Group and Assurance B. Belliveau Insurance Inc. These acquisitions contribute to Westland’s national expansion and bring Westland into new areas. Hubbard Insurance Group is a family-owned brokerage located in Ontario that’s been serving the insurance industry for 35 years. It’s comprised of two divisions: Hubbard Insurance Brokers, a P&C brokerage with a commercial insurance focus, and Hubbard Financial Services,...

M. Adams & Associates Joins World Insurance Associates

World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced that it acquired the business of M. Adams & Associates, Inc. (“M. Adams”) of Hazlet, NJ on June 1, 2023. Terms of the transaction were not disclosed. M. Adams & Associates, Inc. was established in 1991.  Their mission is to find quality, competitive insurance products tailored to their customer’s specific needs.  They conduct business with their core values of honesty, integrity, respect, and accountability...

Inszone Insurance Services Acquires Sonora Insurance Agency

Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Sonora Insurance Agency. Located in Sonora, California, Sonora Insurance Agency has delivered quality insurance solutions to individuals in Sonora since its founding in 1987. Specializing in Home, Auto, Business, and Worker’s Compensation, the agency grew organically through the years establishing itself within the Sonora community. In 2004 Kristina Eaton took over Sonora Insurance as a...

Inszone Insurance Services Acquires G.M. Lawrence Insurance Brokerage

Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced today the acquisition of G.M, Lawrence Insurance Brokerage. G.M. Lawrence Insurance Brokerage was built and grew under the leadership of Gail Lawrence. Gail saw an opportunity to offer premium service in the Trucking Insurance space. Knowing the ins and outs of Trucking Insurance, she was able to grow in a niche market and accelerate the growth of the agency....

Axis Insurance Acquires BMG Insurance Brokers

We are excited to announce that, effective June 1, 2022, Axis Insurance Managers completed their acquisition of BMG Aviation Ltd. dba BMG Insurance Brokers. BMG is a western based, privately owned insurance brokerage firm, specializing in aviation and aerospace risks, recognized, and respected nationally and internationally, for delivering a high level of knowledge, service, and support to their clients and to the industry as a whole. Axis is focused on building a best-in-class national insurance...

Segal Acquires Michigan Insurance Broker Union Services Agency

“The acquisition of Union Services Agency better positions Segal to serve the insurance and risk needs of our current and future clients,” said David Blumenstein, President and CEO of Segal. “This is an important addition to our company and the Union Services Agency team’s expertise helps further our mission of delivering trusted advice to clients.” The entire USA team has become part of Segal’s Insurance Brokerage Practice, under the leadership of Diane McNally, Senior Vice...

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