Everspan Insurance Company Acquires Providence Washington Insurance Company
October 4, 2021
Everspan Insurance Company, a subsidiary of Ambac Financial Group, completed the acquisition of Providence Washington Insurance Company from a subsidiary of Enstar Group Limited effective October 1, 2021. The purchase augments Everspan Group's admitted carrier capabilities to launch new admitted programs, expand product offerings, and strengthen relationships with distribution and program partners.
- Buyers
- Everspan Insurance Company, Ambac Financial Group, Inc.
- Targets
- Providence Washington Insurance Company
- Sellers
- a subsidiary of Enstar Group Limited (Enstar Group Limited)
- Industry
- Insurance
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Everspan Group (Ambac) Acquires Three 21st Century Admitted Insurance Carriers
January 3, 2022
Insurance
Everspan Group, a specialty property & casualty platform owned by Ambac Financial Group, completed the acquisitions of 21st Century Indemnity Insurance Company, 21st Century Pacific Insurance Company and 21st Century Auto Insurance Company of New Jersey. The deals expand Everspan's admitted carrier base and distribution capabilities for its program partners; legacy liabilities of the three carriers remain with the seller (described as a national insurance group).
-
EVERSANA Acquires Protean
October 15, 2021
Healthcare Services
EVERSANA has acquired Protean, a market access consulting firm that specializes in channel and trade, patient services and payer contracting operations. The deal integrates Protean’s operational experts and proprietary tools into EVERSANA’s consulting and commercial services to expand market access, channel and patient services capabilities for life sciences clients.
-
Evertree Insurance Acquires Prosper Insurance
November 2, 2023
Insurance
Evertree Insurance Services has acquired Virginia Beach-based Prosper Insurance, finalizing the transaction on November 1, 2023. The deal expands Evertree's Mid-Atlantic footprint and brings Prosper's technology and ~99-person team onto Evertree's tech-enabled personal-lines brokerage platform to accelerate embedded partnership capabilities nationwide.
-
MyPlanAdvocate Acquires Eversurance from EverQuote
August 1, 2023
Insurance
MyPlanAdvocate (an AdirVentures portfolio company) has acquired Eversurance (formerly Crosspointe), a subsidiary of EverQuote, enabling MPA to expand into the under-65 health insurance market. The transaction transfers Eversurance's consumer-facing insurance brokerage capabilities and staff to MPA and supports growth beyond MPA's Medicare-focused business.
-
Inszone Insurance Services Acquires Evers Insurance, LLC
June 17, 2025
Insurance
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Evers Insurance, LLC of Cave Creek, Arizona. The acquisition strengthens Inszone’s Arizona presence and expands its commercial insurance capabilities—particularly in the garage and auto dealer sectors—while providing Evers Insurance with back-office resources to support growth.
-
World Insurance Associates Acquires Providence Financial, Inc.
September 1, 2023
Insurance
World Insurance Associates LLC acquired Providence Financial, Inc., an independent insurance agency founded by Donald “Joey” Larsen, with the Providence team joining World effective September 1, 2023. The transaction expands World’s footprint into South Dakota and Nebraska; terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.