XChange TEC.INC Acquires Hong Kong Insurance Brokerage Firm

Ambac Financial Group Acquires 80% of Xchange (Xchange Benefits & Xchange Affinity Underwriting)

December 24, 2020

Insurance

Ambac Financial Group agreed to acquire 80% of the membership interests in Xchange Benefits, LLC and Xchange Affinity Underwriting Agency, LLC, with Xchange management principals retaining the remaining 20%. The acquisition is part of Ambac's strategy to diversify into specialty program insurance and expand its MGA/MGU capabilities to generate recurring fee-based income and accelerate Xchange's geographic and product growth plans.

EPIC Insurance Brokers & Consultants Acquires The Bond Exchange

January 23, 2026

Insurance

EPIC Insurance Brokers & Consultants has acquired The Bond Exchange, a Mission Viejo, California-based surety bond agency, to bolster EPIC's national surety practice and expand underwriting and brokerage capabilities. The deal brings The Bond Exchange leadership and its Bond 911 issuance platform into EPIC to support larger, more complex bonding programs while streamlining issuance for smaller bond needs.

Hub International Acquires Chun-Ha Insurance Services, Inc.

July 4, 2022

Insurance

Hub International Limited has acquired Chun-Ha Insurance Services, Inc., a Garden Grove, California-based insurance agency that serves the Korean-American community. The transaction (terms undisclosed) brings Chun-Ha's team into Hub's Los Angeles/Orange County organization to expand commercial and personal insurance capabilities; Chun-Ha was represented by Marsh Berry.

Thomas H. Lee Partners Acquires Majority Stake in Insurance Technologies

September 14, 2020

Cloud & SaaS

Thomas H. Lee Partners (THL) has agreed to acquire a majority stake in Insurance Technologies, LLC from NexPhase Capital. The investment will support Insurance Technologies' continued development of a SaaS cloud-based sales and regulatory automation platform for the insurance and financial services industries and enable further strategic acquisitions.

Insurance Technologies Acquires IXN

April 20, 2021

Software

Insurance Technologies, LLC has acquired IXN, a Lehi, Utah–based provider of digital data exchange and mobile sales automation solutions for the life insurance industry. The companies will integrate IXN’s LifeDX and mobile sales tools into Insurance Technologies’ FireLight platform to create a single end-to-end sales automation solution; terms were not disclosed.

Hub International Acquires Commercial Insurance Brokers, Inc.

January 15, 2021

Insurance

Hub International Limited acquired the assets of Commercial Insurance Brokers, Inc., a locally owned independent insurance agency based in El Paso, Texas. Company leaders including President Ken Foster and Vice Presidents Maggie Foster, Richie Grodin and Martha Ramirez will join Hub Texas; terms were not disclosed.