Insurance Acquisitions in New Jersey

Jordan Partners LLC has made a strategic growth investment in Vanguard Claims Administration, a family-owned third-party administrator (TPA) and independent adjusting platform serving property and casualty insurance markets. The capital will support Vanguard’s investments in technology, data/reporting, client infrastructure and a disciplined tuck-in acquisition strategy while preserving founder-led culture and client relationships.

H.I.G. Capital, through one of its affiliates, has made a strategic investment in Rely Home, a nationwide home warranty provider. Rely’s founder Victor Hakim and senior management will continue to lead the business and retain a significant ownership stake; the investment will support Rely’s expansion, technology enhancements, and improvements to the customer and technician experience.

Philadelphia Insurance Companies (PHLY) has acquired the Collector Vehicle Division from Ignyte Insurance in a transaction valued at $615 million. The deal brings four established brands—American Collectors Insurance, J.C. Taylor Insurance, Condon Skelly, and Heacock Classic—into PHLY, adding more than 250 employees and strengthening PHLY's specialty collector vehicle insurance capabilities while allowing Ignyte (a Carlyle-backed platform) to focus on its direct-to-consumer and embedded insurance strategy.

Hilb Group announced the acquisition of a New Jersey-based property and casualty business, effective November 1, 2025, to expand its footprint in the Tri‑State region. Hilb Group is a portfolio company of The Carlyle Group and continues to grow through strategic add-on acquisitions.

World Insurance Associates LLC acquired the business of The Fidella Agency of Lakewood, New Jersey, effective September 1, 2025. The deal expands World’s national brokerage footprint and adds The Fidella Agency’s commercial property/real estate insurance capabilities to World’s platform; terms were not disclosed.

World Insurance Associates LLC, a national insurance brokerage, acquired the business of Mossbrook & Hicks Insurance Agency of Cape May Court House, New Jersey, effective August 1, 2025. The acquisition brings the long-established local agency into World’s national network to expand product access and service capabilities for Mossbrook & Hicks’ individual and business clients; terms were not disclosed.

Senior Market Sales (SMS), an Omaha-based insurance marketing organization and part of the Alliant family, has acquired MIC Insurance Services, a second-generation, family-owned independent insurance agency based in Kinnelon, New Jersey. The deal brings MIC into SMS' national distribution network to accelerate growth by leveraging SMS' proprietary technology, back-office support and marketing systems; MIC owners Betsy and Terry Chandler will partner with SMS in the next chapter.

King Risk Partners, a Gainesville, Florida-based insurance brokerage, has acquired VIA Insurance Agency, Inc. (Valvano Insurance Agency), an independent agency serving New Jersey. The acquisition expands King Risk Partners' New Jersey footprint and provides VIA with access to King's broader resources and insurance solutions.

King Risk Partners has acquired Fidens Insurance Brokers, an independent insurance agency located in Red Bank, New Jersey. The acquisition strengthens King Risk's presence in the Northeast and brings Fidens' commercial and M&A insurance expertise to King Risk's platform; Fidens' owner Brian Liedell was represented by Helfer & Associates in the transaction.

OneDigital has acquired Acadia Professional, a Morristown, New Jersey-based medical professional liability and healthcare risk advisory firm, and Deep Risk Management, LLC, a value-based care and stop-loss brokerage founded by the Acadia partners. The deal expands OneDigital’s healthcare-focused insurance, risk management and stop-loss capabilities as part of its broader strategy to deepen industry-specific solutions in the medical sector.

Amynta Group has acquired the Credit Division of Crum & Forster (a Fairfax Financial subsidiary). The acquired business will operate as a full-service Managing General Underwriter under Amynta Risk Solutions, led by Daniel L. Sussman, and C&F will remain a distribution/partner for the business.

ALKEME, a Top 35 insurance brokerage based in Ladera Ranch, California, has acquired Jacobson Professional Insurance, a West Orange, New Jersey-based specialist in legal malpractice insurance and risk management. The acquisition strengthens ALKEME's professional liability capabilities and Northeast presence; Jacobson founder Scott Jacobson will continue to lead the team within ALKEME.

Afore Insurance Services has partnered with New Jersey-based BCA Insurance Group to establish a Mid-Atlantic regional platform hub. BCA will continue to operate under its existing leadership and branding while leading Afore’s commercial lines business in the region; financial terms were not disclosed.

One80 Intermediaries, a Boston-based specialty insurance broker, has acquired Waypoint Underwriting Management, a Basking Ridge, New Jersey-based reinsurance managing general underwriter. The acquisition expands One80's reinsurance and underwriting capabilities across property, casualty, workers' compensation and accident & health products; terms were not disclosed and Dowling Hales acted as exclusive financial advisor to Waypoint.

World Insurance Associates LLC acquired the business of United Counties Insurance Group (Old Bridge, New Jersey) effective August 1, 2024; terms were not disclosed. The deal expands World’s personal and commercial insurance footprint in New Jersey and enables United Counties to offer additional products and services through World’s national platform.

Risk Strategies has acquired Felsen Insurance Services, Inc., a Denville, New Jersey-based specialty commercial and personal P&C insurance agency focused on condominium associations, religious institutions, and high net worth clients. Terms were not disclosed; Risk Strategies said the deal strengthens its specialty presence in the New York metro and brings Felsen's expertise and client relationships into its platform.

Marsh McLennan Agency, a subsidiary of Marsh, has acquired Hudson Shore Group, a Red Bank, New Jersey–based employee benefits broker. The deal expands MMA's employee health and benefits capabilities—particularly for public-sector clients—and Hudson Shore employees, including founder Derek Dailey, will remain in the Red Bank office. Terms were not disclosed.

Simplicity Group Holdings has acquired Plum Life Inc. and used the acquisition to launch Simplicity LifeLink, a digital life insurance sales platform that automates quoting through issue for agents and advisors. Plum Life's co-founders have joined Simplicity as partners, and LifeLink will be made available to Simplicity's independent agents, affiliated agencies, and financial institution clients.

World Insurance Associates LLC acquired the business of JBL Trinity Group Ltd. (JBL) of Atlantic Highlands, New Jersey, effective January 1, 2024; terms were not disclosed. JBL, founded in 1997 and led by CEO Joseph DiMattina, specializes in maritime and New York City construction insurance and a national roller-skating program; the deal expands World's brokerage footprint and specialized capabilities.

Emerald Bay Risk Solutions, a Morristown-based collaborative underwriting carrier focused on program and Excess & Surplus (E&S) markets, launched with a strategic investment from Bain Capital Insurance. The investment will provide financial backing and support as Emerald Bay executes its proprietary, data-driven underwriting platform and partners with MGAs and reinsurance capacity providers.

Trisura Group Ltd. (TSX: TSU) completed the acquisition of First Founders Assurance Company (FFAC), a U.S. Treasury-listed surety company. The purchase strengthens Trisura's U.S. surety capabilities and supports plans to expand FFAC's licensing across all 50 states and the District of Columbia.

King Insurance Partners, a Gainesville, Florida-based insurance broker, has acquired Mehta Insurance Agency of Absecon, New Jersey. The deal expands King Insurance Partners’ footprint in New Jersey and is intended to broaden product offerings and client resources while maintaining existing client relationships.

World Insurance Associates LLC acquired the business of Calhoun Agency, Inc. (Haddonfield, New Jersey) effective December 1, 2023; terms were not disclosed. Calhoun, founded in 1926, serves individual and business insurance clients in New Jersey and Pennsylvania and will join World’s national brokerage platform. Advisors to the deal included Giordano, Halleran & Ciesla and Hagner & Zohlman, LLC; Fortrust Diligence advised World.

Senior Market Sales (SMS), an Omaha-based insurance marketing organization, has acquired Medi-Solutions Insurance Agency, LLC (which operates as First Jersey Insurance Agency in New Jersey). The deal expands SMS’s Medicare distribution network and provides Medi-Solutions’ agents access to SMS proprietary technology, back-office support and marketing systems to drive growth and retention.

World Insurance Associates LLC ("World"), a national insurance brokerage, acquired the business of Oakwood Insurance Agency, LLC (dba Insure Big Rig) of Califon, New Jersey on October 1, 2023. The acquisition brings Oakwood's trucking insurance expertise and customer base into World’s national platform; terms were not disclosed.

Coaction Global, a Morristown, New Jersey-based specialty property & casualty insurer, completed an approximately $200 million growth capital raise led by existing investors TowerBrook Capital Partners and Further Global Capital Management to support its transformation into a full-service specialty insurance company. The capital will be used to expand underwriting divisions, broaden distribution relationships, and enhance data and analytics capabilities as Coaction pursues continued premium growth across its commercial insurance verticals.

Ambac Financial Group has acquired a majority stake in Riverton Insurance Agency Corp., a New Jersey-based insurance services business that includes the MGA Professionals' Best and retail agency ALIA. Riverton will join Ambac's Cirrata Group division to expand Ambac's property & casualty insurance distribution capabilities and professional lines offerings; terms were not disclosed.

World Insurance Associates LLC acquired the business of M. Adams & Associates, Inc. of Hazlet, New Jersey on June 1, 2023. M. Adams, founded in 1991, is a small insurance agency providing personal and commercial insurance and employee benefits; legal counsel for the deal included Giordano, Halleran & Ciesla for World and Connell Foley LLP and The Manhattan Group advising M. Adams.

NFP has acquired Hafetz & Associates, LLC, a Linwood, New Jersey-based general agent specializing in group benefits, Medicare and individual health products; the deal closed on June 16. Scott Hafetz will join NFP and report to Kate Henry as the acquisition expands NFP's health benefits capabilities and presence in the Northeast.

SageSure closed a $250 million equity investment led by Amwins and Flexpoint Ford, with participation from Ares Management Corporation, that partially recapitalizes long-term minority stakeholders. The financing positions SageSure to continue growth — supporting more underwriting capacity and expansion as the company surpasses $1 billion of in-force premium in catastrophe-exposed property markets.

Engle Martin & Associates (part of BW Forsyth Partners' Cor Partners family) has acquired EIMC, a global provider of ocean marine risk management, claims investigation and subrogation services headquartered in Jersey City, New Jersey. The deal expands Engle Martin's ocean marine capabilities and global footprint while EIMC retains its leadership team and gains access to Engle Martin's back-office infrastructure and technology.

Risk Strategies, a national specialty insurance brokerage, has acquired The Insurance Center of North Jersey (ICNJ), a Hillsdale, New Jersey-based independent insurance agency. The transaction expands Risk Strategies' local capabilities in professional liability and personal lines insurance across the New Jersey / Tri-State market; terms were not disclosed.

Alliant Insurance Services has acquired New Jersey-based Trivedi Capacity Associates and its HARP risk purchasing group, integrating them into Preferred Concepts within Alliant Underwriting Solutions. The deal expands Alliant’s underwriting capabilities and product offerings for community associations and condominium associations nationwide; terms were not disclosed.

Independence Pet Group (IPG) has completed the acquisition of Fairfax Financial’s U.S. and Canadian interests in the Crum & Forster Pet Insurance Group (C&F Pet) and Pethealth Inc., bringing multiple pet insurance brands and pet-wellbeing services onto IPG's platform. The deal expands IPG’s footprint in the United States and Canada and increases its scale across insurance brands, shelter services and pet registry capabilities.

Risk Strategies, a national specialty insurance brokerage based in Boston, has acquired Dickstein Associates Agency, a full-service retail insurance agency headquartered in Tinton Falls, New Jersey. The acquisition (terms not disclosed) expands Risk Strategies' property & casualty, life and health benefits capabilities and adds specialty expertise serving real estate, technology clients and public entities.

Choice Financial Group, a PE-backed insurance agency, has acquired New Jersey-based employee benefits consultancy R. Stephens Financial, Inc. The deal is an add-on to Choice's platform as it expands its footprint in New Jersey and strengthens its employee benefits and insurance brokerage capabilities; founder Richard Yuran will continue to lead the business.

MagMutual Insurance Company has agreed to acquire MDAdvantage Insurance Company of New Jersey from MDAdvantage Holdings, Inc., subject to regulatory and shareholder approvals. The deal expands MagMutual’s presence in the Northeast while MDAdvantage will continue operating under its current name and maintain its New Jersey hub.

Mitsui Sumitomo Insurance Company, Limited (MSI) has agreed to acquire Transverse Insurance Group, a U.S.-based hybrid fronting carrier backed by Virgo Investment Group, pending regulatory approval. Virgo sold the business after building Transverse since 2018; the founders remain in leadership and MSI said the acquisition will accelerate its U.S. presence and expand distribution and product capabilities.

JAB Holding Company’s pet insurance platform (through Independence Pet Group) agreed to acquire Fairfax Financial’s interests in Crum & Forster Pet Insurance Group and Pethealth Inc., including their worldwide operations. Fairfax will receive $1.4 billion ( $1.15 billion cash and $250 million in seller notes) and will invest $200 million in JAB’s JCP V fund; the deal was expected to close in H2 2022 and expands JAB’s global pet insurance scale and capabilities.

World Insurance Associates LLC (WIA) acquired Lubowicki Insurance Agency, Inc. of Metuchen, New Jersey on May 1, 2022. The transaction is part of WIA's ongoing roll-up strategy to expand its New Jersey footprint and add local personal and commercial insurance capabilities; terms were not disclosed.

World Insurance Associates LLC (WIA), a Tinton Falls, New Jersey-based insurance brokerage, acquired J. Stine Agency, Inc. of Little Silver, New Jersey on April 1, 2022. Terms were not disclosed; the acquisition expands WIA's presence in New Jersey and brings J. Stine's personal and commercial insurance book into World’s platform.

Choice Financial Group (CFG), a PE-backed insurance agency platform, acquired Riverdale, New Jersey-based William R. Seide Agency effective April 1, 2022. The small specialty-focused agency will continue to be led by founder William R. (Bill) Seide and will support CFG’s expansion in the tri-state area as CFG’s fifth acquisition since partnering with Northlane Capital Partners.

Hilb Group has acquired E.B. Cohen Insurance and Risk Management, a Roseland, New Jersey-based insurance agency with offices also in New York, expanding Hilb's presence in the Tri-State area. The deal brings agency principals David and Neil Owens and their team into Hilb's Tri-State regional operations to enhance client offerings across hospitality, real estate and small business markets.

One80 Intermediaries, a specialty insurance broker headquartered in Boston, has acquired Professional Risk Solutions (PRS), a New Jersey–based wholesale brokerage focused on management, professional and cyber liability. The acquisition strengthens One80’s professional lines capabilities, carrier relationships and white-label program offerings; terms were not disclosed.

OceanFirst Financial Corp. signed an agreement to acquire a majority interest in Trident Abstract Title Agency, LLC, with the right to acquire 100%. Trident, a family-owned title agency based in Wall Township, New Jersey, will operate as an independent subsidiary and its current owners, Chris Carton and Derrick Scenna, will continue to manage daily operations; the deal was expected to close March 1, 2022.

World Insurance Associates LLC, a Top-100 insurance brokerage based in Tinton Falls, New Jersey, acquired Livingston Insurance Agency on December 31, 2021. Terms were not disclosed; Livingston will continue to serve its personal and commercial insurance clients as part of World’s expanding network.

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.

Risk Strategies, a national specialty insurance brokerage, has acquired Meeker Sharkey & Hurley, a full-service insurance and employee benefits agency with offices in Basking Ridge and Cranford, New Jersey. The acquisition strengthens Risk Strategies' retail insurance operations and specialist capabilities in New Jersey; terms were not disclosed.

BRP Group, via its subsidiary Baldwin Krystyn Sherman Partners (BKS Partners), has entered into an agreement to acquire all outstanding equity interests of Construction Risk Partners (CRP), a specialty construction insurance brokerage headquartered in Branchburg, New Jersey. The deal adds about $32.6 million of annual revenue and roughly 85 employees, strengthening BRP's national construction risk management platform and expanding its construction-focused capabilities and market presence.

Risk Strategies, a national specialty insurance brokerage headquartered in Boston, has acquired Corrigan Johnston Risk Advisors, a Basking Ridge, New Jersey-based brokerage focused on transportation-related industries. The acquisition enhances Risk Strategies' National Transportation Practice by adding Corrigan Johnston's expertise in commercial auto, cargo, workers' compensation and tailored risk programs for last-mile delivery, freight, moving and franchised auto dealers.