Insurance Acquisitions

Risk Strategies acquired Comprehensive Benefits, Inc. and Gabrielson Insurance & Financial Services, two employee benefits-focused firms in the Greater Detroit area. The transaction expands Risk Strategies’ employee benefits capabilities and footprint in Michigan and the upper Midwest; financial terms were not disclosed.

Highstreet Insurance Partners announced it has acquired Siebert Agency Ltd and its sister companies Russ Siebert Insurance and Mary Siebert Insurance Agency (collectively, Siebert Insurance). The acquired business will continue to be led by Bill Siebert, Tiffany Ruhland, Krista Siebert-Smith, and Joe Clay from its Fenton, Missouri office as part of Highstreet’s Central Region. Financial terms were not disclosed.

Trucordia acquired the insurance business of Rusty Healy Insurance Agency, an insurance agency based in Madison, Mississippi. The acquired business provides auto, home, business, and life insurance solutions, expanding Trucordia’s brokerage capabilities and local market presence.

ALKEME, an insurance brokerage, announced the acquisition of Professional Benefits Consultants (PBC), a benefits agency headquartered in Canton, Georgia. The deal expands ALKEME’s presence in the southern United States and strengthens its benefits consulting and health/Medicare-focused insurance offerings.

King Risk Partners announced the acquisition of Viper Risk Management Group, an independent insurance agency based in Saint Johns, Florida. The deal expands King Risk Partners’ ability to deliver tailored insurance and risk management solutions across multiple industries and strengthens its presence in Northeast Florida.

PCF Insurance Services announced it has acquired the insurance business of Asset Insurance Agency, adding Asset’s team to PCF’s platform. PCF expects the combination to expand coverage solutions and provide additional services such as in-house risk management and claims advocacy for Asset’s clients. Asset Insurance Agency provides auto, home, commercial, and life insurance solutions across multiple U.S. states.

Union Bay Acquisition LLC completed the acquisition of the commercial insurance business of Brookside Insurance, which is based in Allentown, Pennsylvania. Deal terms were not disclosed, and the transaction marks Union Bay’s fourteenth acquisition.

Union Bay Acquisition LLC, an insurance agency aggregator based in Lansdale, Pennsylvania, has acquired Cornerstone Insurance Services of Elkins Park, Pennsylvania. The deal expands Union Bay’s property-casualty insurance agency footprint, with transaction terms not disclosed.

SIB Corp., operating as StoneRidge Insurance Brokers (SIB), acquired Seymour Fair Insurance Brokers Inc., an Ontario-based full-service insurance brokerage. Seymour Fair Insurance will continue to be led by its Principal Broker/Owner, David Fair, and the deal strengthens SIB’s presence in Southern Ontario.

Alera Group, an independent national insurance and financial services firm, announced the acquisition of Delaware-based CBM Insurance Agency. CBM, founded in 2008, provides commercial and personal insurance as well as individual life and health protection across Delaware, Maryland, Pennsylvania, and New Jersey. Financial terms of the transaction were not disclosed.

First Acceptance Corporation sold its wholly owned subsidiary, Acceptance Insurance Agency of Tennessee, Inc. (AITN), to Alliant Insurance Services, Inc. for cash consideration of up to $120 million, with payments at closing and additional earn-out style payments through 2026. AITN operates retail insurance agency locations and sells non-standard automobile insurance and related products; following the sale, Confie (an Alliant portfolio company) and affiliates will operate as independent agents for First Acceptance Insurance Group products written through AITN.

Futura Title & Escrow, LLC, a JM Family Enterprises company, acquired Momentum Title Agency, LLC. Momentum provides real estate title examinations, title insurance, and residential and commercial closing services, and Angle Advisors served as exclusive investment banking advisor to Momentum on the transaction.

CNL Strategic Capital, LLC acquired a majority equity stake in Sill Public Adjusters and made a concurrent debt investment, partnering with Sill’s management team. Sill, headquartered in Cleveland, Ohio, provides specialty insurance consulting and public adjusting services for commercial property insurance claims across North America and the Caribbean. CNL Strategic Capital plans to help expand Sill’s geographic footprint, broaden service offerings, and pursue acquisitions in a fragmented market.

Arthur J. Gallagher & Co. announced that it has acquired Clements Worldwide, an international insurance broker. Financial terms were not disclosed. Clements’ team, led by Jon Clements, will remain in their current locations and report into Gallagher’s retail P&C brokerage operations.

World Insurance Associates LLC acquired the business of Oakwood Insurance Agency, LLC (dba Insure Big Rig) on October 1, 2023. Oakwood specializes in commercial trucking insurance for owner-operators and fleets. Financial terms of the transaction were not disclosed.

Alera Group announced the acquisition of jweinland Group Benefits, a full-service employee benefits firm focused on group benefits and self-funded insurance plans. Founded in 2009 and based in Shreveport, Louisiana, jweinland Group Benefits will bolster Alera Group’s employee benefits expertise and expand its footprint in Louisiana. Financial terms were not disclosed.

One80 Intermediaries, a specialty insurance broker headquartered in Boston, announced it has acquired the assets of Enviant from Euclid Program Managers. Enviant, based in Houston, Texas, provides environmental insurance products and services, including underwriting, engineering, and claims solutions; financial terms were not disclosed.

Risk Strategies acquired IZALE Financial Group, LLC, an executive benefits and financial services advisory firm based in Elgin, Illinois. IZALE provides insurance-based executive compensation solutions and related advisory services for banks, credit unions, businesses, and high-net-worth individuals. Financial terms of the transaction were not disclosed.

Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of Graham Company, a Philadelphia-based risk management consultancy and independent insurance and employee benefits broker. The deal expands Marsh McLennan Agency’s business insurance and employee benefits capabilities in the US East region; financial terms were not disclosed.

ALKEME announced the acquisition of Paul Kinan Insurance Group and Wiggans Farha Insurance Group, both full-service insurance agencies operating in California and Kansas, respectively. The deal expands ALKEME’s national insurance brokerage platform, adding additional property and casualty insurance capabilities and regional presence.

Nava Benefits, a modern benefits brokerage, announced the acquisition of Nielsen Benefits Group (NBG), an award-winning employee benefits consulting and brokerage firm. The deal is intended to combine Nava’s proprietary technology with NBG’s benefits consulting expertise to scale a modern benefits experience for mid-sized employers. Financial terms were not disclosed.

Pittco Direct Investments I, LP, the direct investing arm of Pittco Management, LLC, completed an additional equity investment in WT Holdings, Inc. WT Holdings is a privately owned insurance holding company offering personal and commercial property and casualty insurance nationwide through its subsidiaries Stillwater Insurance Company and Evergreen National Indemnity Company. NFC Investments is mentioned as a partner alongside Pittco in supporting WT Holdings.

SMABTP Group became the majority shareholder of DUPI Group B.V., acquiring a 58.56% stake following AFM approval. DUPI’s two current directors, Stijn Bakkeren and Anton Cornel, retain equal minority shareholdings and continue in management as the businesses align to expand construction and corporate insurance capabilities across Northern Europe.

HUB International Limited announced it has acquired the assets of E-Insure Services, Inc. (EINSURANCE), a web-based direct-to-consumer insurance lead generation platform. The acquisition strengthens HUB’s in-house digital marketing and data analytics capabilities for its personal insurance brokerage platform, VIU by HUB LLC, to improve lead targeting, conversion, and customer acquisition efficiency. Financial terms were not disclosed.

Hub International Limited acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively known as HORAN Health). The deal expands Hub’s presence in the Cincinnati Tri-State area and establishes a new regional hub called Hub Heartland. Financial terms were not disclosed, and HORAN’s Wealth division will continue to operate independently.

Integrity Marketing Group, LLC acquired The Insurance Superstore, a Medicare-focused independent marketing organization (IMO) based in Colorado Springs, Colorado. The Insurance Superstore will leverage Integrity’s insurtech-enabled platform, shared services, and partner network to support its agents and expand client-focused insurance offerings. Financial terms were not disclosed.

Bregal Sagemount and FTV Capital announced a strategic growth investment in Neptune Flood Incorporated, a digital insurtech and private flood insurance provider. The investors will acquire a substantial minority stake, while Neptune’s CEO and management team will retain majority ownership. Financial terms were not disclosed.

Heffernan Insurance Brokers acquired Stitz & Associates, an insurance brokerage and benefits consulting firm based in Kirkwood, Missouri, effective May 1, 2023. The Stitz team, led by Drew Stitz, joined Heffernan’s small business division, HeffDirect, expanding its employee benefits and Medicare capabilities.

World Insurance Associates LLC acquired the business of Landscape Contractors Insurance Services, Inc. (LCIS) on March 1, 2023. LCIS provides customized insurance programs for California landscape contractors, and the financial terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. has acquired Anderson Benson, a retail insurance broker and risk management firm based in Nashville, Tennessee. Anderson Benson has niche expertise in entertainment and also serves hospitality, construction, transportation, and private clients across the United States. The Anderson Benson team will remain in place and operate under Gallagher’s Mid-South retail property/casualty brokerage operations leadership.

World Insurance Associates LLC acquired Sagacity Benefits of Burlington, Iowa on July 1, 2022; financial terms were not disclosed. Sagacity Benefits provides consulting for employer-based benefits and specializes in health benefits platforms for companies of all sizes.

AssuredPartners announced the acquisition of IFS Benefits, LLC, an employee benefits insurance agency based in Newark, Delaware. IFS will join AssuredPartners as it expands its MidAtlantic presence, and IFS owners Steve Blewitt and Bob Sonchen will continue to lead operations.

Risk Strategies acquired Bullen Insurance Group, a specialty insurance brokerage and risk management firm focused on serving high-net-worth families, individuals, and their businesses. Bullen operates offices in New York and Florida and serves clients nationwide and globally. Financial terms of the deal were not disclosed.

AccuRisk acquired Matrix Group Benefits, a Portland, Maine-based managing general underwriter (MGU) focused on medical stop loss for partially self-funded plans. Matrix’s team of twelve will join AccuRisk Solutions while continuing to operate from Portland, supporting AccuRisk and Ardonagh Global Partners’ North American expansion strategy.

Inszone Insurance Services announced the acquisition of Business Insurance Solutions, an insurance provider serving businesses and individuals in Oregon. The deal gives Inszone its first physical location in Oregon, and Inszone plans to retain the acquired firm’s employees and Springfield office.

Arthur J. Gallagher & Co. announced it has acquired John C. Breckenridge Insurance Solutions, Inc. (JCB), a Sacramento, California-based brokerage and plan management firm focused on student health and intercollegiate athletics insurance for higher education institutions. Financial terms were not disclosed. JCB’s leadership team will remain with the business under Gallagher’s Affinity North America retail property/casualty brokerage operations.

Aquarian Holdings announced the closing of its acquisition of a controlling interest in Somerset Reinsurance Limited, a Bermuda-domiciled reinsurer focused on reinsurance solutions for the U.S. life insurance and annuity market. Existing strategic investors Hannover Re and Weiss Family Interests (including founder George Weiss) will retain ownership interests and remain involved, while Aquarian will provide committed new capital to support Somerset Re’s growth.

Alera Group announced the acquisition of Sutter, McLellan & Gilbreath, an independent insurance agency providing employee benefits and property and casualty insurance programs. The acquired firm will continue serving clients in their existing roles, and financial terms were not disclosed.

Risk Strategies has acquired Wallace Specialty Insurance Group, a dental-industry focused insurance brokerage based in Richardson, Texas. The acquisition expands Risk Strategies’ specialty expertise in serving dental professionals and strengthens its presence in Texas; financial terms were not disclosed.

King Insurance announced that Hunt Insurance Group, LLC has joined the King Insurance team. Hunt is a specialty insurance broker based in Tallahassee, Florida, focused on self-funded property & casualty and medical insurance solutions for housing authorities, prison systems, and municipalities.

PCF Insurance Services, a U.S. insurance brokerage firm headquartered in Lehi, Utah, acquired Milwaukee-based Milz Health Group. Milz Health Group is a full-service health insurance agency focused on Medicare-eligible individuals in Wisconsin and Affordable Care Act coverage; financial terms were not disclosed.

Likewize signed a definitive agreement for a strategic investment from Genstar Capital, which will join existing private equity sponsor Brightstar Capital Partners to support Likewize’s next phase of growth. Likewize’s management team will retain significant ongoing ownership, and the transaction is expected to close in the first quarter of 2023 subject to customary conditions.

EPIC Insurance Brokers & Consultants has acquired Larry Gordon Agency (LGA) to expand its life insurance, executive benefits, and financial advisory distribution presence in the Midwest under the Vanbridge Life and Executive Benefits umbrella. LGA will continue operating from its Chicago and Rockford, Illinois offices, with current leadership remaining in place.

PCF Insurance Services (PCF) has acquired Peak Performance Team (PPT), a South Carolina-based niche finance and insurance (F&I) broker serving auto dealerships across the United States. PPT provides customized F&I products such as extended warranties, vehicle service contracts, GAP, and other ancillary offerings. Financial terms of the transaction were not disclosed.

Kinderhook Industries sold National Truck Protection (NTP), a leading administrator of vehicle service contracts for used commercial vehicles, to JM Family Enterprises. Following the acquisition, NTP will become a division of JM&A Group, a subsidiary of JM Family. Financial terms were not disclosed.

HUB International Limited has acquired the assets of Winter Harbor Insurance Group, LLC, an independent insurance agency based in Woburn, Massachusetts. Winter Harbor provides commercial and personal insurance solutions to businesses and individuals, and its president Jimmy Aiken will join HUB New England. Financial terms were not disclosed.

Highstreet Insurance Partners acquired Michigan-based Paragon Underwriters. Paragon Underwriters is a program manager focused exclusively on attorneys and law firms, and will join Highstreet’s Specialty Risk group of agencies.

King Insurance, a full-service insurance brokerage firm, announced the acquisition of Brad Burns Insurance, Inc. (BBI). Founded in 2007 in Tallahassee, Florida, BBI is a commercial insurance agency focused on commercial property & casualty and employee benefits, and its team will continue operating from the Tallahassee location. The deal is the latest acquisition by King during its partnership with BHMS Investments, LP.

Knox-Precision Holdings, LLC has acquired Lenders Title Group, a subsidiary of First Horizon Corporation. Lenders Title Group is a major title insurance agency serving the American Southeast, with operations in Arkansas, Louisiana, and Tennessee. Turk and Company served as exclusive investment banker to Lenders Title/First Horizon on the transaction.

Vālenz acquired Certus Management Group Stop Loss, Inc. (CMG), a managing general underwriter serving self-funded employee benefit plans. CMG will become a Valenz Affinity Company within the Valenz Healthcare Ecosystem Optimization Platform, and the deal supports the launch of a private-label medical stop loss insurance offering branded as the Valenz V-Rated solution. CMG will continue offering underwriting services under the CMG trade name from its headquarters in Indianapolis.

Inszone Insurance Services announced the acquisition of First Bosnian Insurance, expanding Inszone’s presence in Missouri with its second acquisition in the state. First Bosnian Insurance will continue serving customers under the Inszone Insurance brand, maintaining its community-focused insurance services in the St. Louis area.

PCF Insurance Services (PCF) announced the acquisition of A Insurance Agencies, an independent personal lines insurance provider operating in Syracuse, Kaysville, and Marriott-Slaterville, Utah. A Insurance, founded in 1981, specializes in life, home, auto, and business insurance. Financial terms of the transaction were not disclosed.

Partners Group agreed to acquire a controlling stake in Foundation Risk Partners (FRP), a U.S. specialist insurance broker, from Warburg Pincus. FRP management will retain a substantial ownership stake, while Warburg Pincus will keep a meaningful minority position as Partners Group partners with management to expand FRP’s geographic presence and continue M&A-driven growth.

HUB International Limited acquired the assets of Intercontinental Growth Strategies, LLC (IGS), a trade credit insurance brokerage. IGS is based in Chicago, Illinois, and the transaction terms were not disclosed.

HUB International Limited acquired the assets of Bubrig Insurance Agency, Ltd. and its affiliate Blue Cedar Insurance, LLC. Based in Belle Chasse, Louisiana, Bubrig is an independent personal lines insurance agency offering home, auto, flood, life, and recreation coverage. Transaction terms were not disclosed, and the Bubrig team will join Hub Gulf South.

World Insurance Associates LLC (WIA) acquired Tarpey Insurance Group and Rush-Kent Insurance Agency Inc. on August 1, 2022, expanding its presence in the Greater Boston area. The terms of the transactions were not disclosed.

Inszone Insurance Services announced the acquisition of B-W Insurance Agency, LLC, a family-owned insurance agency founded in 1984. The deal expands Inszone’s presence in Colorado and adds additional resources and insurance options for customers in the state.

AgencyBloc acquired FormFire to expand its offerings to insurance brokers and strengthen support for core broker workflows. FormFire’s small-group benefits quoting and enrollment capabilities will be integrated with AgencyBloc’s agency management system to streamline broker processes and improve information flow with health insurance carriers.

Simplicity Group announced the acquisition of Life Policy Pros, Inc., a New Jersey-based distributor of life insurance products to independent financial advisors and insurance agents. As part of the transaction, Life Policy Pros founder Michael Kelly joins Simplicity as a partner and will continue to run day-to-day operations while transitioning the business to the Simplicity brand.

Hub International Limited acquired the assets of Shaver-Robichaux Agency, Inc., an independent insurance agency in Louisiana. Shaver-Robichaux provides commercial and personal insurance solutions, and its principal John Shaver and the full team will join Hub Gulf South. Financial terms were not disclosed.

Hub International Limited acquired the assets of Compass Insurance Services, Inc., an independent insurance agency headquartered in Kronenwetter, Wisconsin. The deal expands Hub’s commercial and personal insurance and benefits capabilities in the Midwest; financial terms were not disclosed.

ReSource Pro acquired Boston-based InsurTech startup towerIQ, a P&C insurance-focused enterprise SaaS platform that streamlines workflows and captures valuable commercial insurance data. The acquisition supports ReSource Pro’s insurance transformation strategy by enhancing client automation, data optimization, and productivity across complex and specialty commercial accounts. The transaction closed on June 24, 2022, and towerIQ CEO Adam Demos will continue to lead the team within ReSource Pro.

PIB Group Limited has acquired Balens, marking PIB’s entry into the health, wellbeing, fitness, and beauty insurance broking niche. The transaction includes Balens Ltd and its wholly owned subsidiaries Balens Europe B.V. (Netherlands, subject to regulatory approval) and Balens Insurance Finance Services Limited.

Relation Insurance Services acquired the assets of Dunn Insurance, Inc., a Connecticut-based insurance agency. The deal expands Relation’s presence in Connecticut and broadens its personal and commercial lines offerings in the region. Transaction terms were not disclosed, and Ronald Dunn will continue to lead the business under Relation.

AssuredPartners, Inc. announced the acquisition of Baker & Associates Insurance Agency, an insurance agency based in Hilliard, Ohio. Baker & Associates’ seven-person team will remain under the operational leadership of Tom Baker and Bill Emery as AssuredPartners expands its operations and offerings in Ohio.

Britely Insurance has entered into an agreement to acquire the assets of Empire State Brokerage Services LLC, a New York-based full-service wholesale insurance broker. The transaction is expected to close in July 2022 and is intended to expand Britely’s market access and underwriting expertise in commercial insurance.

Segal, a benefits and HR consulting firm, has acquired Bayview Insurance Group d/b/a Union Services Agency (USA), a Michigan-based insurance brokerage. The acquisition expands Segal’s Insurance Brokerage Practice and strengthens its ability to serve labor organizations, multiemployer funds, and public sector entities, particularly in the Midwest.

Hub International Limited acquired the assets of Alexander & Company, an independent employee benefits advisory firm serving public sector clients. Alexander & Company, based in Woodstock, Georgia, will join Hub Gulf South; financial terms were not disclosed.

Keystone Agency Partners (KAP) announced a strategic partnership with Arnold Insurance, an independent insurance agency serving personal and commercial customers nationwide. Financial terms were not disclosed, and Arnold will retain its eleven office locations, including six in Missouri and satellite offices in several other states.

Integrity Marketing Group, LLC acquired Abernathy Financial Services, an independent marketing organization (IMO) and life insurance distributor based in Fort Walton Beach, Florida. Following the acquisition, Abernathy Financial Services President Brent Abernathy will become a Managing Partner at Integrity. Financial terms were not disclosed.

Warner Pacific acquired Beta Health Association's commercial dental health platform to expand its ancillary employee benefits offerings and carrier partnerships, including pairing Beta Health's dental savings plan with national dental plans. Beta Health previously provided group voluntary and contributory dental, vision, life, and disability products in Colorado. The deal is Warner Pacific’s first acquisition since its strategic partnership with Lovell Minnick Partners, and terms were not disclosed.

Hilb Group announced that it partnered with (acquired) Indiana-based Howe-LaGrange Insurance Agency and Reick Insurance Agency, effective June 1, 2022. The transaction expands Hilb Group’s presence in Indiana and the broader Midwest, with Agency Principal Lou Zabona and his team joining Hilb Group’s Midwest regional operations.

Axis Insurance Managers completed the acquisition of BMG Aviation Ltd., doing business as BMG Insurance Brokers, effective June 1, 2022. BMG is a privately owned western Canadian insurance brokerage specializing in aviation and aerospace risks, and the combined business will operate under the Axis brand to strengthen Axis’s aviation and aerospace insurance practice nationally.

Alera Group announced it has acquired West Michigan Insurance Inc., a property & casualty insurance agency based in Grand Rapids, Michigan. West Michigan Insurance will join Alera Group through its local office Lighthouse (an Alera Group company) and will continue serving clients in their existing roles. Financial terms were not disclosed.

Hub International Limited acquired Williford Insurance Group, an independent insurance agency specializing in employee benefits consulting. Williford Insurance Group, headquartered in Greensboro, North Carolina, will join Hub Carolinas; transaction terms were not disclosed.

Arthur J. Gallagher & Co. announced it has acquired Lighthouse Insurance Group, LLC (LIG), a health insurance and Medicare-focused benefits consultant based in Independence, Ohio. Financial terms were not disclosed. LIG’s leadership team will remain with the business under Gallagher’s U.S. Health & Benefits practice.

SIAA (Strategic Insurance Agency Alliance) acquired Rogue Risk LLC, a digital independent insurance agency, to expand its digital footprint and modernize its agency platform. Rogue Risk founder Ryan Hanley will continue as president of Rogue Risk and join SIAA’s senior management team as the businesses integrate.

Hilb Group acquired Vermont-based Paige & Campbell, Inc., along with its subsidiary the Taylor Palmer Agency, expanding its presence across New England. Agency principals Steven and Jonathon Shea and their team will join Hilb Group’s New England regional operations. Hilb Group is a portfolio company of The Carlyle Group and continues to grow via strategic acquisitions.

AssuredPartners, Inc. announced it has acquired Don Jacobs Insurance Services, Inc., an insurance agency based in New Bloomfield, Pennsylvania. Don Jacobs Insurance Services will join the national broker while continuing to operate under its current president, Don Jacobs.

World Insurance Associates LLC (WIA) acquired J. Stine Agency, Inc. on April 1, 2022, expanding its presence in New Jersey. J. Stine is a family-owned, full-service insurance agency offering a broad range of personal and business insurance products. Financial terms of the transaction were not disclosed.

ALKEME announced the acquisition of ERM Insurance Brokers, a Santa Ana, California-based commercial insurance brokerage. The deal expands ALKEME’s California footprint and adds ERM’s expertise across several commercial lines including hospitality, construction, and manufacturing.

illumifin, a third-party insurance administration and technology provider, completed its acquisition of LTCG to create a larger insurance services provider focused on North American long-term care, life, health, and annuity markets. LTCG’s long-term care administration solutions and claims capabilities will be integrated into illumifin’s third-party administration and technology platform to deliver end-to-end digital capabilities for insurers.

Hub International Limited acquired the assets of JAG Investment Partners, LLC, doing business as JAG Insurance Group, a commercial insurance and risk management provider. JAG Insurance Group, headquartered in Coral Gables, Florida, will bolster Hub’s Specialty practices and expand its insurance capabilities in Florida. Financial terms were not disclosed.

ALKEME, a retail insurance platform backed by GCP Capital Partners, acquired Snapp & Associates Insurance Services. The deal expands ALKEME’s presence and capabilities in San Diego, adding Snapp & Associates’ specialty expertise in risk management, insurance planning, and employee benefits across industries including hospitality, entertainment, construction, and real estate.

High Street Insurance Partners (HSIP) acquired Michigan-based Gemini Risk Partners. Gemini Risk Partners provides professional liability and other insurance solutions focused exclusively on law firms, strengthening HSIP’s specialty insurance expertise.

Integrity Marketing Group, LLC acquired J.D. Mullens, an independent marketing organization focused on distributing Affordable Care Act and other health insurance products. The deal expands Integrity’s health plan distribution network and gives J.D. Mullens access to Integrity’s technology, shared services and partner network; financial terms were not disclosed.

ALKEME, a retail insurance platform, announced the acquisition of Pauli-Shaw Insurance Agency, an insurance brokerage based in Arcata, California. The deal strengthens ALKEME’s presence in California and adds Pauli-Shaw’s specialization across hospitality, transportation, construction, cannabis, and manufacturing-related insurance needs.

ALKEME, a retail insurance brokerage platform backed by GCP Capital Partners, announced the acquisition of JB Wright Insurance Services. JB Wright is a Chino, California-based insurance brokerage operating in all 50 states and specializing in personal and commercial lines. The deal is intended to accelerate ALKEME’s growth ambitions across the U.S.

Arthur J. Gallagher & Co. announced it has acquired Hawley & Associates, LLC, an insurance broker based in Bellevue, Washington. Hawley & Associates will continue operating from its current location under Gallagher’s Northwest region leadership; financial terms were not disclosed.

Hub International Limited acquired the assets of Kuhl Insurance Agency, Inc., an independent insurance agency based in Morton, Illinois. Kuhl Insurance provides commercial and personal insurance plus employee benefits services, strengthening Hub’s specialty practices in industries including manufacturing, healthcare, social services, and construction. Transaction terms were not disclosed.

ALKEME, a retail insurance platform backed by GCP Capital Partners, acquired Chergey Insurance, a brokerage based in Thousand Oaks, California. The deal strengthens ALKEME’s presence in California and expands its capabilities in niches serving contractors and tow truck operators, with offerings including workers compensation, property, liability, and commercial auto.

Truist Insurance Holdings, a subsidiary of Truist Financial Corporation, closed its acquisition of Kensington Vanguard National Land Services (KV), a national title insurance and settlement agency. Truist’s existing title and settlement business, BridgeTrust Title Group, will be integrated into and operate under the KV brand. Concurrent with the acquisition, Truist Insurance Holdings launched a new Insurance Services Division that includes the combined KV organization and its Premium Finance business.

High Street Insurance Partners (HSIP) announced it has partnered with and acquired The Craft Agency in Jackson, Michigan, marking HSIP’s 100th acquisition in just over three years. The Craft Agency provides personal, commercial, and life insurance across Michigan and will join HSIP’s community-focused insurance brokerage platform.

Integrity Marketing Group, LLC acquired Osborn Insurance Group, an independent marketing organization (IMO) based in Springfield, Missouri. The partnership adds Osborn Insurance Group to Integrity’s insurtech-driven distribution network, with Osborn President John Osborn becoming a Managing Partner at Integrity. Financial terms were not disclosed.

Alera Group, an independent national insurance and wealth services firm, announced the acquisition of six agencies: Cate-Russell Insurance, Foa & Son, Gales Agency, Heritage Risk Management, Vital Incite, and Webber & Grinnell. Effective December 31, the acquisitions add new locations and are intended to bolster Alera Group’s capabilities across wealth services, property & casualty insurance, and employee benefits solutions.

USI Insurance Services acquired D&H Risk Services LLC, an independent risk management and employee benefits agency headquartered in Longview, Texas. The acquisition expands USI’s Texas presence and adds D&H’s longstanding local expertise; financial terms were not disclosed.

HealthComp Holding Company LLC, a New Mountain Capital portfolio company, announced it has acquired Gilsbar, LLC’s Third-Party Administrator (TPA) and Care Management (MedCom) divisions. The combination is intended to enhance HealthComp’s healthcare benefits administration and care management capabilities and expand its geographic presence in the South and Southeast.

Integrity Marketing Group, LLC acquired Maryland Life Insurance Services, an independent marketing organization (IMO) based in Bel Air, Maryland. The partnership will allow Maryland Life Insurance Services to leverage Integrity’s omnichannel insurtech platform, technology, and shared services to help its agents expand reach and better serve clients. Financial terms were not disclosed.

BRP Group, Inc. completed a strategic acquisition (referred to as a “Partnership”) of Wood Gutmann & Bogart Insurance Brokers and its affiliates, which includes Performance Bonding Surety & Insurance Brokerage, L.P. The transaction closed on December 1, 2021, and brings Performance Bonding’s surety and bonding expertise into the BRP Group family.

Acrisure announced it has acquired the Managing General Agency (MGA) and Third-Party Administrator (TPA) operations of SUNZ Insurance. The acquired entities include Next Level Administrators, Watchpoint, Ascential Care Partners, Avalon, and Accelevant Premium Audit, expanding Acrisure’s underwriting, claims, and related workers’ compensation/PEO capabilities. Financial terms were not disclosed.