Toronto Dominion Bank has disposed its US insurance subsidiary to USI Insurance Services, a middle-market brokerage firm owned by Goldman Sachs Capital Partners, for an undisclosed amount. The bank cum underwriter said that it sold the US ...
Tags: Toronto Dominion Bank, USI Insurance Services, dispose, insurance
Univest Corporation and its insurance subsidiary, Univest Insurance has bought Javers Group, which offers comprehensive human resource management, payroll and administrative services. The acquisition of Javers will enable the underwriter ...
Tags: Univest Corporation, Javers Group, acquisiton, human resource management
Virginia-based insurance broker, The Hilb Group (THG) has completed the purchase of MDM Covenant Insurance (MDM), a Brentwood-based insurance brokerage firm. Founded by Chris Meadows in 2008, MDM serves quick serve restaurant (QSR) ...
Tags: The Hilb Group, purchase, MDM Covenant Insurance, insurance brokerage
US based insurance brokerage and risk management firm Marsh & McLennan Agency (MMA) has purchased Massachusetts based The Protector Group Insurance Agency, in an undisclosed deal. Acquisition of the aforesaid firm, which provides ...
Tags: MMA, Massachusetts, takeover, insurance srvice, insurance
Insurance brokerage and risk management firm Marsh & McLennan Agency (MMA) has purchased South Carolina-based property/casualty and employee benefits agency Rosenfeld Einstein for an undisclosed sum. The takeover of the agency enhances ...
Tags: acquisition, Marsh and McLennan Agency, Rosenfeld Einstein
California’s Nielsen Benefits Group (NBG) has merged with Georgia-based employee-benefits only firm Digital Insurance, in an effort to enhance client services and strengthen capabilities. As per terms of the merger deal, NGB will ...
Tags: Nielsen Benefits Group, Digital Insurance, merger, client services
Arthur J Gallagher & Co has acquired Grace/Mayer Insurance Agency in Omaha, Nebraska for an undisclosed sum. Grace/Mayer Insurance Agency trades as a retail insurance broker which offers property/casualty, employee benefits and risk ...
Tags: Arthur J Gallaghe, Grace/Mayer Insurance Agency, undisclosed sum
USI Insurance Services (USI) has acquired Lynch, Beretta and Bucci Insurance, a Pawtucket, Rhode Island-based property and casualty insurance agency in an undisclosed transaction. USI's regional CEO for New England Thomas Stiles said that ...
Tags: USI, Lynch, acquire, property and casualty insurance, insurance
Insurance broker Bolton & Company has acquired US based independent insurance agency Reaume Financial Group. Reaume Financial, founded in 1982, provides employee benefit services in southern California. As part of the deal, Reaume ...
Tags: Reaume Financial Group, Bolton, takeover, insurance
Insurance broker Britton Gallagher & Associates has acquired Beckman Insurance Agency as part of its growth plan in the amusement industry. Through the transition period, the business will continue to operate under the name Beckman ...
Tags: Britton Gallagher, insurance broker, insurance agency, insurance
Canada's private equity investment firm Onex has inked a definitive agreement to purchase USI Insurance Services from GS Capital Partners VI Fund,and certain of its affiliates(GS Capital Partners),for nearly$2.3bn. The agreement,which ...
Northwest Savings Bank has agreed to purchase an employee benefits and property and casualty insurance firm,The Bert Insurance Group,for an undisclosed sum. As part of a definitive agreement signed between both parties,Bert will operate ...
Tags: Northwest Savings Bank, Bert Insurance, estate liquidity needs
Global investment firm Kohlberg Kravis Roberts&Co has agreed to acquire specialty insurance brokerage firm Alliant Insurance Services from Blackstone for an undisclosed sum. Alliant's management team and employees currently own nearly ...
Tags: Blackstone, KKR, JP Morgan Chase
Sun Life Financial(SLF)has inked a definitive agreement to dispose of its domestic US annuity and certain life insurance businesses for$1.35bn to Delaware Life,a company owned by shareholders of Guggenheim Partners. The transaction ...
Tags: service, Sun Life Financial, transaction
Harris Teeter Supermarkets,Inc.(NYSE:HTSI)(the"Company")today reported that sales for the 52 weeks ended October 2,2012 increased by 5.8%to$4.54 billion from$4.29 billion in fiscal 2011.Sales for the fourth quarter of fiscal 2012 increased ...
Tags: Harris Teeter, Supermarkets, profits, acquisition