Sands Point Risk Acquires BRM Specialty Markets

Sands Point Risk Acquires Launch Environmental Underwriters

May 20, 2026

Insurance

Sands Point Risk acquired Launch Environmental Underwriters, a specialized provider of environmental liability insurance solutions for complex risks across the energy, infrastructure, construction, chemical, M&A and industrial sectors. The deal, Sands Point’s largest acquisition to date, will make Launch Environmental the foundation of Sands Point’s environmental managing general agent (MGA) practice as its combined gross written premium surpasses $250 million; transaction terms were not disclosed.

Marsh McLennan Agency Acquires AC Risk Management

May 2, 2024

Insurance

Marsh McLennan Agency (MMA), a subsidiary of Marsh McLennan, has acquired AC Risk Management (ACRM), an independent commercial lines insurance brokerage based in Melville, New York. ACRM’s employees, including CEO Matt Avellino, will remain at the Melville office as MMA expands its commercial lines and construction-focused insurance capabilities in the Long Island region.

Beyond Risk Acquires SL Management Partners

April 8, 2024

Financial Services

Beyond Risk Topco Holdings, LP LLC (Beyond Risk) has acquired SL Management Partners, a Massachusetts-based medical stop loss managing general underwriter and claims services provider. The acquisition expands Beyond Risk’s employee benefits and medical stop loss (MSL) capabilities and adds underwriting and claims services to its alternative risk solutions platform, providing SL Management Partners with strategic, operational and distribution support.

Risk Strategies Acquires Mahorsky Group, Inc. and Brick Procurement, Inc.

August 24, 2023

Insurance

Risk Strategies, a national specialty insurance brokerage, has acquired Mahorsky Group, Inc. and its affiliate Brick Procurement, Inc. The acquisitions strengthen Risk Strategies' surety bond practice and add federal contracting and large-scale construction project expertise; terms were not disclosed.

BCS Financial Corporation Acquires Medical Risk Managers, Inc.

October 6, 2020

Insurance

BCS Financial Corporation has acquired Medical Risk Managers, Inc. (MRM), a managing general underwriter providing Stop Loss pricing and underwriting services. The acquisition adds MRM’s Stop Loss pricing, underwriting, and case management capabilities to BCS’s Risk Navigator solution set and keeps MRM leadership (Mehb Khoja) in place while MRM remains headquartered in Connecticut.

Brown & Brown, Inc. Acquires Special Risk Insurance Managers, Ltd.

January 7, 2020

Insurance

Brown & Brown, Inc. completed the acquisition of Special Risk Insurance Managers, Ltd., a Canadian managing general agent (MGA) specializing in specialty and hard-to-place risks. The deal expands Brown & Brown's specialty insurance capabilities and presence in the Canadian market.