Union Bay Acquisition LLC Acquires Commercial Insurance Business of Brookside Insurance

Union Bay Acquisition LLC Acquires Cornerstone Insurance Services

April 24, 2024

Financial Services

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies based in Lansdale, Pennsylvania, has acquired Cornerstone Insurance Services of Elkins Park, Pennsylvania. The acquisition will augment Union Bay's portfolio and expand its expertise and presence servicing clients in New Jersey and Pennsylvania; terms were not disclosed.

Union Bay Acquisition LLC Acquires LaBrozzi Insurance Group, Inc.

November 8, 2022

Insurance

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies, has acquired LaBrozzi Insurance Group, Inc., a Bradford, Pennsylvania-based independent insurance agency. The transaction expands Union Bay's Northeast footprint and adds local P&C insurance expertise to its Union Bay Risk Advisors portfolio; terms were not disclosed.

Scottish American Acquires Brookside General Insurance Services

August 17, 2022

Insurance

Scottish American acquired Brookside General Insurance Services, Inc. of Stockton, California on August 1, 2022; terms were not disclosed. Brookside General is a managing general agency and surplus lines broker specializing in transportation and commercial auto lines across California, Arizona and Texas, and the deal expands Scottish American's insurance distribution capabilities and West Coast footprint.

Union Bay Acquisition LLC Acquires Loyalhanna Insurance Group

December 12, 2024

Insurance

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies, has acquired the assets of Loyalhanna Insurance Group of Latrobe, Pennsylvania. The deal — Union Bay's sixteenth acquisition and seventh in Pennsylvania — expands the buyer's reach into the Pittsburgh and greater Western Pennsylvania insurance markets; terms were not disclosed.

Union Bay Acquisition LLC Acquires Farrell Insurance Associates Inc.

September 21, 2022

Insurance

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies, has acquired Farrell Insurance Associates Inc., an independent insurance agency based in Lansdale, Pennsylvania. Terms were not disclosed; the deal expands Union Bay's presence and expertise in the greater Philadelphia area as part of its strategy to acquire small regional insurance agencies.

Venbrook Acquires InterContinental Insurance Brokers

December 1, 2021

Insurance

Venbrook Group, LLC acquired InterContinental Insurance Brokers, LLC, a Boston-based property & casualty insurance brokerage, to strengthen its East Coast presence and commercial real estate risk management capabilities. IIB founder Thomas E. Sleeper will continue to lead the business and become Managing Director of Venbrook Insurance Services Northeast Real Estate, supporting expansion of Venbrook's nationwide commercial real estate offerings.