Axis Insurance Acquires Edgewater Financial Group and Kearns Edgewater Financial Services; Buys Kearns Insurance Group Benefits Portfolio

Axis Insurance Managers Inc. Acquires O'Neill Group

September 24, 2024

Insurance

Axis Insurance Managers Inc. has acquired the O'Neill Group, a Vancouver-based employee group benefits, life insurance, and wealth advisory firm. O'Neill Group (est. 1985) will operate as a practice group within Axis; the small team of twelve staff will expand Axis's employee benefits and wealth advisory capabilities across Canada.

Axis Insurance Acquires The Magnes Group

May 22, 2024

Insurance

Axis Insurance Managers Inc. has acquired The Magnes Group Inc., integrating the 100+ employee brokerage into Axis's national platform. The deal expands Axis's presence and capabilities in Ontario and Quebec, bolstering its commercial, personal, and life & benefits practice areas.

Lee Equity Partners Makes Growth Investment in Axis Insurance Managers

June 10, 2024

Insurance

Funds managed by Lee Equity Partners have made a growth investment in Axis Insurance Managers Inc., a Vancouver-based specialty insurance brokerage. Axis founder and CEO Alex Meier retained a majority stake; the capital will be used to accelerate growth and support national expansion across Canada.

World Insurance Associates Acquires E&K Insurance Group

December 13, 2021

Insurance

World Insurance Associates LLC (WIA), a Top 100 insurance brokerage based in Tinton Falls, New Jersey, acquired E&K Insurance Group of Eatontown, New Jersey on December 1, 2021. Terms were not disclosed; E&K is a multi-line insurance agency offering personal, commercial and specialty insurance and will operate as part of World’s national platform.

ALKEME Acquires Axial Benefits Group

May 16, 2024

Insurance

ALKEME, a Top 40 insurance brokerage based in Ladera Ranch, California, has acquired Axial Benefits Group, a Burlington, Massachusetts-based employee benefits agency known for operating healthcare purchasing coalitions. The deal brings Axial's coalition-based cost-saving capabilities together with ALKEME's scale and resources to expand ALKEME's benefits offerings and presence in the Boston area.

Keystone Insurers Group Acquires EnrollX

August 23, 2022

Professional Services

Keystone Insurers Group, a participant-owned insurance agency network, has acquired EnrollX, a benefits enrollment and administration consulting firm focused on voluntary benefits. The acquisition aims to streamline employee benefits education and enrollment for Keystone's customers and bolster recruitment and retention capabilities for employers and agents.