Insurance Acquisitions in Missouri

WalkerHughes Insurance, a privately held, founder-led retail brokerage headquartered in Indianapolis, has acquired Inman Insurance Agency (Salem, Missouri) and Clark Insurance Agency (Ballwin, Missouri). The deals expand WalkerHughes' presence across south-central Missouri and the greater St. Louis metro as part of its ongoing strategy to build local density through acquisitions; both agency owners will remain with the firm for at least three years to support client continuity.

WalkerHughes Insurance, a privately held, PE-backed retail insurance brokerage headquartered in Indianapolis, acquired Apogee Insurance Solutions, LLC, a St. Peters, Missouri-based agency that specializes in personal and commercial insurance. The deal is an add-on to WalkerHughes' Missouri platform and supports the firm's regional expansion and continuity of service as Apogee's owner, Kyle Heywood, exits the business.

Inszone Insurance Services has acquired Huffmaster Insurance of Monett, Missouri. The sale—driven primarily by founders Susan and Kevin Huffmaster's retirement—expands Inszone's Midwest footprint and gives Huffmaster clients access to Inszone's broader product set and support.

Winged Keel Group, a life insurance brokerage backed by a recent strategic investment from GTCR, has acquired BryanMark Group, a St. Louis-based provider of life insurance solutions for affluent and ultra-affluent clients. The deal expands Winged Keel’s Midwest presence and brings BryanMark founder Jason Hackmann and his team into Winged Keel’s St. Louis office to deepen the firm’s advisory capabilities for high-net-worth clients.

Risk Strategies, a North American specialty insurance brokerage, has acquired Schroeder Insurance, a Missouri-based agency with offices in Union and Washington. The deal expands Risk Strategies’ commercial lines and private client capabilities in its Central region; terms were not disclosed.

Inszone Insurance Services has acquired Davidson Insurance Agency Group, LLC, a family-owned Missouri insurance agency founded in 1970. The deal expands Inszone’s footprint in Missouri and gives Davidson’s clients access to Inszone’s broader resources, technology and product offerings while preserving local service.

Arthur J. Gallagher & Co. (Gallagher) has acquired St. Louis-based Imbs Holdings, Inc., a retail insurance broker serving commercial and personal lines. Terms were not disclosed; Chris Imbs and his team will join Gallagher’s South Central retail property/casualty brokerage operations under Bret VanderVoort.

RYZE Claim Solutions, a Tampa-based national claims management provider majority-owned by Bain Capital Insurance, has acquired Acorn Claims, a Springfield, Missouri firm specializing in daily and catastrophe claims and third-party administration. The deal adds Acorn's proprietary Expert Technical Analysis (ETA) audit capability and strengthens RYZE's water mitigation review and nationwide claims services as part of RYZE's ongoing M&A strategy.

Hub International Limited has acquired the assets of Yavitz Insurance Group, a privately owned St. Louis insurance agency. Ken Yavitz and his team will join HUB Kansas and Missouri as the agency becomes a Hub International company; terms were not disclosed.

Hub International Limited has acquired the assets of Lindenwood Agency, Inc., an independent insurance agency based in St. Charles, Missouri. The Lindenwood team will join Hub Kansas and Missouri and the agency will operate as Lindenwood Agency, a Hub International company to support Hub’s St. Louis growth strategy.

Highstreet Insurance Partners (HSIP) has acquired Siebert Agency Ltd and its sister agencies Russ Siebert Insurance and Mary Siebert Insurance Agency (collectively, "Siebert Insurance"). The Siebert team will continue to operate from their Fenton, Missouri office and join Highstreet's Central Region as part of HSIP's ongoing regional expansion; financial terms were not disclosed.

WalkerHughes Insurance, a privately held retail insurance brokerage headquartered in Indianapolis, has acquired Independent Brokers Agency LLC (IBA), a family-owned insurance agency based in Ballwin, Missouri. The deal marks WalkerHughes' first acquisition outside Indiana and expands its personal, commercial and employee benefits capabilities in the St. Louis metro; IBA principals Heather Wessels and Mike Swatske will remain in local leadership roles.

Hub International Limited has acquired the assets of AIG Agency Inc., which does business as Associated Insurance Group, an independent commercial and personal property & casualty insurance agency in Maryland Heights (St. Louis), Missouri. The team led by Gregory Wherry will join Hub's Mid‑America region as part of the firm's broader St. Louis growth strategy; terms were not disclosed.

Novatae Risk Group acquired the assets of Denali Specialty Group, LLC of St. Louis, Missouri effective July 1, 2024; terms were not disclosed. Denali is a small specialty insurance intermediary (founded 2019) focused on investor properties, cannabis, excess worker compensation and student housing, and will bring program development and underwriting talent to Novatae. MarshBerry advised Novatae; Giordano, Halleran & Ciesla provided legal counsel to Novatae and McCarthy, Leonard & Kaemmerer provided legal counsel to Denali.

Inszone Insurance Services has acquired DeVoy Insurance Group, a community-focused insurance agency based in Brookfield, Missouri. The deal expands Inszone's Missouri footprint and brings DeVoy's local client relationships and capabilities into Inszone's national brokerage platform.

Hub International Limited acquired the assets of Dieffenbach Benefits Group LLC, which does business as F.A.R.E. Healthcare, a St. Louis-based provider of group benefit packages, life insurance and employee healthcare. The F.A.R.E. Healthcare principals and team will join Hub Mid‑America and establish Hub’s first official office in St. Louis, expanding Hub’s employee benefits capabilities and geographic footprint. Terms were not disclosed.

Heffernan Insurance Brokers, a large independent insurance brokerage headquartered in Walnut Creek, California, has acquired Stitz & Associates, a Kirkwood, Missouri-based insurance agency focused on group employer health, individual health and Medicare. The Stitz team joined Heffernan's small business division, HeffDirect, to expand Heffernan's capabilities and presence in Missouri and the greater Midwest.

Simplicity Group has acquired Marketing Financial, a Springfield, Missouri-based full-service wholesaling and brokerage firm led by Alan Lockhart, who joins Simplicity as a partner. The deal brings Marketing Financial into Simplicity’s partnership network and provides the firm access to Simplicity’s product bench, operational support and marketing resources to expand distribution of life insurance, annuities and related products.

Rancho Cordova-based Inszone Insurance Services acquired First Bosnian Insurance, an independent St. Louis-area insurance agency founded in 2005 that serves the Bosnian and Eastern European community. The acquisition expands Inszone’s footprint in Missouri and preserves localized, language-specific service for First Bosnian’s customers.

Keystone Agency Partners (KAP) announced a strategic partnership to add Arnold Insurance, an independent, female-owned agency based in Missouri, to its platform. Arnold operates 11 offices across multiple states with about 52 employees; financial terms were not disclosed. The deal deepens KAP's footprint in Missouri and expands its presence in Arizona, Colorado, Florida, Oklahoma and Oregon.

AssuredPartners, Inc. announced the acquisition of Alscott, Inc., a Lee's Summit, Missouri-based insurance agency specializing in construction surety and bonding. The five-person Alscott team — which reports approximately $2 million in annualized revenues — will remain under current leadership and join AssuredPartners to expand the firm's surety and construction offerings in Missouri.

Integrity Marketing Group, an omnichannel insurtech platform based in Dallas, has partnered with and acquired J. Helbig & Company, a St. Louis–based life and annuities agency focused on federal employees. The transaction brings J. Helbig’s federal employee market expertise onto Integrity’s platform to expand product distribution and scale the agency’s offerings; financial terms were not disclosed.

AssuredPartners, Inc. acquired Valentine Insurance Agency of Moberly, Missouri. The six-person agency, led by President John Cochran and generating approximately $1.3 million in annualized revenue, will continue operating under its current leadership as part of AssuredPartners' regional expansion.

BRP Group, Inc. (NASDAQ: BRP) has entered into an agreement to acquire substantially all assets of Brush Creek, LLC (doing business as Brush Creek Partners), a Kansas City–based provider of commercial insurance, technology risk management and due diligence solutions. The asset acquisition (bringing ~20 colleagues) is intended to deepen BRP Group’s Cyber & Technology and VC/PE/Construction industry expertise and expand its risk-management capabilities.

Inszone Insurance Services, a Sacramento-based insurance brokerage, acquired Summit Insurance Group, an independent agency in Lee's Summit, Missouri, expanding Inszone's physical presence into its sixth state. Summit's employees will continue operating from their Lee's Summit office under local leadership as Inszone integrates the agency into its national footprint.

OneDigital acquired HM Employee Benefits and Risk Management, a St. Louis-based employee benefits and risk management firm, bringing approximately 130 employees into OneDigital. The deal expands OneDigital’s capabilities by adding property & casualty (P&C) services to its existing health, retirement/wealth and HR advisory offerings, enabling a more holistic multiline agency platform.

Integrity Marketing Group completed the acquisition of McNerney Management Group (MMG), including its divisions Senior Marketing Specialists and Senior Benefit Services, to expand its life and health insurance distribution and senior-market capabilities. MMG's four equity owners joined Integrity as partners; financial terms were not disclosed and MMG's more than 100 employees will join Integrity's employee ownership plan.

Marsh & McLennan Agency LLC (MMA) has acquired J.W. Terrill, a St. Louis-based independent insurance agency. The deal expands MMA's national footprint into Missouri; J.W. Terrill’s ~195 employees and leadership will join MMA’s upper Midwest region and continue operating from the St. Louis office. Terms were not disclosed.

Hudson Insurance Company (Hudson Insurance Group) acquired Euclid Managers, LLC (Euclid-KC), an underwriting and claims manager focused on tech, media, manufacturers and miscellaneous professional liability, from Euclid Insurance Services, Inc. and Euclid-KC's management. The Euclid-KC team and operations will join Hudson's Professional Liability group and continue to operate from Kansas City as Hudson transitions the business into its platform.