NSM Insurance Group Acquires GIG Insurance Group and Gifford Wells Insurance
August 2, 2024
NSM Insurance Group has acquired GIG Insurance Group (GIG), a Fort Lauderdale-based MGA focused on community association D&O and crime coverage, and Gifford Wells Insurance (GWI), an independent professional liability broker. The acquisitions expand NSM's specialty liability and professional liability capabilities and create cross-sell opportunities across NSM's existing niche insurance programs.
- Buyers
- NSM Insurance Group
- Targets
- GIG Insurance Group, Gifford Wells Insurance
- Industry
- Insurance
- Location
- Florida, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
NSM Insurance Group Acquires Strategic Underwriters International
June 4, 2024
Insurance
NSM Insurance Group has completed the acquisition of Strategic Underwriters International (SUI), a Doylestown, Pennsylvania-based managing general agent (MGA) and leader in the facultative casualty reinsurance market. The deal expands NSM's specialty insurance capabilities in facultative casualty reinsurance and aims to leverage NSM's resources — including product development, technology systems and AI initiatives — to grow SUI's underwriting platform.
-
NSM Insurance Group Acquires Shield Commercial Insurance Services
July 10, 2023
Insurance
NSM Insurance Group has acquired Shield Commercial Insurance Services, a Palm Desert-based underwriting business specializing in insurance for small and mid-sized contractors. The acquisition expands NSM’s portfolio of specialty insurance programs and aims to accelerate Shield’s growth through NSM’s national agent distribution and expanded geographic footprint.
-
NSM Insurance Group Acquires Acquis Insurance Management
March 29, 2023
Insurance
NSM Insurance Group has agreed to acquire Acquis Insurance Management, a UK-based specialist provider of insurance programs to the asset finance market. The deal (subject to customary regulatory approvals) will expand NSM's footprint in Europe and the U.S. and provide Acquis with additional capacity and resources to accelerate growth after its 2019 MBO backed by Dunedin LLP.
-
NSM Insurance Group Acquires Sequoia Re, IOA Re and Rockport MGUs from J.C. Flowers/ELMC
March 20, 2023
Insurance
NSM Insurance Group has completed the acquisition of Sequoia Reinsurance Services, IOA Re (and its divisions Rockport Benefits and Insurance Resources and Auditing Services) from ELMC Risk Solutions, a portfolio company of J.C. Flowers & Co. The deal establishes a dedicated platform in medical stop loss and managed care, expanding NSM's specialty insurance capabilities and distribution reach.
-
OneDigital Acquires GMG Insurance
November 14, 2024
Insurance
OneDigital, an Atlanta-based insurance brokerage and HR consulting firm, has acquired GMG Insurance, a Bucks County, Pennsylvania-based property & casualty and employee benefits agency. The acquisition strengthens OneDigital’s P&C capabilities and expands its Mid-Atlantic footprint, with GMG co-owners joining OneDigital’s leadership team.
-
AssuredPartners Acquires GIGA Solutions, Inc.
April 15, 2020
Insurance
AssuredPartners, Inc. has acquired GIGA Solutions, Inc., a Boca Raton-based insurance agency specializing in tailored insurance solutions for the PEO industry. The team of nine will remain in place under existing leaders Chris Rhoden and Carla Busick; GIGA reports approximately $3 million in annualized revenue and will join AssuredPartners' nationwide platform as the firm's 15th acquisition of 2020.
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.