IM-HUB-Invensure-CaliforniaMap

Hub buys California-based agency Ivensure

2022-12-08T15:38:00+00:00

Hub International Limited has acquired the assets of Invensure Insurance Brokers, a privately held agency offering commercial and personal insurance, as well as employee benefits and HR consulting.

Bill Rogers Truist

Truist CEO stays quiet on potential insurance stake sale

2022-12-07T15:51:06.57+00:00

Truist Financial Corporation (TFC) CEO Bill Rogers declined to comment on reports by this publication that the bank is contemplating a sale of up to 30 percent of its insurance platform as he addressed investors at a Goldman Sachs conference on Tuesday.

Alliant and Polley

Alliant acquires California-based agency Polley

2022-12-07T15:41:00+00:00

Alliant Insurance Services has expanded its presence in the Sacramento region with the acquisition of Polley Insurance and Risk Management, which focuses on commercial insurance, risk management, employee benefits and personal insurance.

IM-Novatae-Construction-Digger

WIA’s Novatae acquires wholesale construction specialist Olympic Advisors

2022-12-06T14:13:00+00:00

Novatae Risk Group, the recently rebranded wholesale operations of World Insurance Associates (WIA), has acquired Washington-based Olympic Advisors, which operates as Nationwide Contractors’ Alliance (NWCA).

Truist Insurance Holdings

Truist Insurance Holdings 30% stake would be valued at $4.5bn: Wells Fargo

2022-12-05T13:16:00+00:00

Truist’s insurance businesses carry a valuation of $15bn based on the broker’s public peers, according to Wells Fargo analysts, meaning a 30 percent stake would be valued at $4.5bn.

BMS

BMS acquires Eisenar as part of Iberian regional expansion

2022-12-05T10:06:00+00:00

BMS has continued to expand in Iberia with the acquisition of Spanish specialty broker Eisenar.

Ardonagh and Envest

Ardonagh inks A$482mn deal for Australian broker Envest

2022-11-23T08:24:00+00:00

The Ardonagh Group has agreed a deal to acquire Brisbane-headquartered Envest for a consideration of A$482mn ($321mn), with the transaction set to be funded with a combination of equity and debt.

Mosaic SiriusPoint Lloyd's

SiriusPoint, Mosaic call off deal for Lloyd’s managing agency

2022-11-17T16:40:00+00:00

SiriusPoint and Mosaic have called off their planned deal for the Bermudian to sell its Lloyd’s managing agency to the Mitch Blaser and Mark Wheeler-led start-up, The Insurer can reveal.

BP Marsh

BP Marsh to back Housley/Cousins 2023 London MGA start-up

2022-11-17T08:26:40.3+00:00

Specialist UK insurance investor BP Marsh & Partners is backing the nascent US property MGA headed by former Sompo International underwriters Richard Housley and Rupert Cousins, The Insurer can reveal. 

NFP and Olson & Olson

NFP bolsters Colorado capabilities with Olson & Olson acquisition

2022-11-29T18:59:00+00:00

NFP has strengthened its commercial property and casualty capabilities in Colorado after acquiring Denver-based Olson & Olson Insurance Services.

Charles Taylor and The Matrix

Charles Taylor bolsters US footprint with Matrix deal

2022-11-29T13:01:00+00:00

Charles Taylor has added to its US footprint with the acquisition of third-party administrator (TPA) and risk management platform The Matrix Companies.

SiriusPoint, Hamilton, White Mountains and Ark

White Mountains made SiriusPoint and Hamilton approaches before $300mn Outrigger Re

2022-11-18T18:05:00+00:00

Ark’s parent White Mountains made unsolicited approaches to SiriusPoint and Hamilton this summer as it looked at options to deploy proceeds from its $1.8bn sale of NSM, before returning $500mn to shareholders and committing funds to sidecar Outrigger Re in the aftermath of Ian, The Insurer can reveal.

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