Marsh to acquire Honan Insurance Group
August 21, 20234 min
Transaction to create leading corporate risk and strata insurance offering in Australia and New Zealand
Westland Insurance acquired two P&C brokerages
August 7, 20233 min
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,...
Company continues its acquisition spree as part of strategic growth plan. NSM Insurance Group, the nation’s leading specialty insurance provider with more than $1.5B in premium across 25+ niche insurance programs in the U.S. and U.K., announced the completion of its acquisition of Shield Commercial Insurance Services. Based in Palm Desert, CA, Shield specializes in insurance solutions for the general contractor and construction liability space. “We are energized to continue our series of strategic acquisitions in the U.S....
Falvey Insurance Group Announces New Promotion
June 29, 20235 min
Falvey Insurance Group is pleased to announce the appointment of Isabelle Therrien into a newly created role, Executive Vice President, Head of Cargo. This strategic leadership role will report directly to the recently appointed Chief Underwriting Officer, Tom Nasso, upon his official joining of Falvey later this year. As the Head of Cargo, Isabelle will be responsible for overseeing and expanding Falvey’s cargo insurance business with a focus on Falvey’s specialization in life science, technology, and general...
Independent Life Insurance Company (“Independent Life”) announced the appointment of George Luecke as Chief Operating Officer (“COO”). Luecke will continue to serve as President & Chief Strategy Officer of Independent Insurance Group, LLC (“Independent Group”), Independent Life’s parent. As Independent Life COO, he will report to James Atkins, Independent Life’s Chief Executive Officer, and will continue to report to Michael Upchurch, Independent Group’s Chairman and Chief Executive Officer, in his group roles. “This announcement is part of our...
Hippo Appoints Richard McCathron as Chief Executive Officer
June 7, 20223 min
Founder Assaf Wand to Serve as Executive Chairman
Akur8 and MS&AD Insurance Group are pleased to announce their new partnership to foster further innovation. With this deal, Akur8 continues to expand in Asia and beyond, hand-in-hand with a leading global insurer. Specifically developed for insurers, Akur8’s solution enhances model development processes by automating risk modeling, using Transparent Artificial Intelligence proprietary technology. Core benefits for insurers include increased predictive performance and speed-to-accuracy for higher market reactivity and immediate business impact, while maintaining full transparency...
High Street Insurance Partners Acquires GTA Insurance Group
December 14, 20212 min
High Street Insurance Partners (“HSIP”) announced today that it has acquired Nebraska-based GTA Insurance Group. GTA Insurance Group provides comprehensive insurance and risk management solutions across Nebraska. It has an extensive agricultural practice and offers business and personal insurance, as well as benefits. “We are thrilled to have GTA Insurance Group join HSIP,” said Scott Wick, CEO of HSIP. “This represents over 30 new offices across Nebraska, which greatly expands our footprint in communities across the Midwest. More importantly,...
Independent Insurance Group, LLC Announces Key New Hires
November 17, 20212 min
Independent Insurance Group, LLC (“Independent Group”) announced today two new hires. Nancy Robertson has joined Independent Life Insurance Company as Vice President, Policy Administration, and Shannon Marconi has joined Independent Group as Assistant Vice President, Finance & Accounting. “We are thrilled to welcome Nancy and Shannon to our growing team,” said George Luecke, President and Chief Strategy Officer of Independent Group. “Their roles are crucial to the continued implementation of our strategic and operating initiatives. We look forward to further announcements soon,...