Insurance Acquisitions in Washington

Amynta Group’s subsidiary First Nonprofit Companies, Inc. (FNP) has acquired Nonprofit Services Insurance Agency, Inc. (NPS), a Longview, Washington-based provider of captive management unemployment insurance solutions for nonprofit organizations. Terms were not disclosed; NPS founders Dennis Costa and Mark Hanson will remain with the business as it integrates into FNP to expand and diversify FNP’s nonprofit unemployment insurance offerings.

Renaissance, a national network for independent insurance agencies, has acquired the agency network business of Insurance Services of the West, LLC (doing business as Insurance Agency Network or IAN), which represents more than 70 member agencies and $400 million in premium volume. The deal expands Renaissance's national footprint into 12 additional states and gives IAN members access to Renaissance's carrier/market access, placement services, technology platforms (including new AI tools), and enhanced profit-share opportunities.

Balavant Insurance Group, a national managing general agency (MGA) platform based in Novato, California, has acquired TIMBY Specialty Insurance Solutions, an inland marine program manager headquartered in Everett, Washington. TIMBY will continue to operate under its brand with its team joining Balavant, expanding Balavant’s inland and ocean marine capabilities and program capacity for transportation, logistics, energy, and construction markets.

Inszone Insurance Services, a Sacramento-based national insurance brokerage, has acquired Eagle Harbor Insurance, LLC, an independent agency based on Bainbridge Island, Washington. The founder/owner Tom Sawyer is exiting after more than 20 years in the industry; Inszone said it will retain Eagle Harbor staff and expand the agency's insurance offerings under Inszone's platform.

OneDigital has acquired Fortune Insurance, a Tacoma-based property & casualty insurance firm, expanding OneDigital's P&C and risk management capabilities in the Pacific Northwest. The deal brings Fortune's team and industry-specific risk solutions into OneDigital's nationwide insurance, financial services and HR platform.

Inszone Insurance Services has merged with Hart Insurance Agency, Inc., a personal-lines insurance agency based in Federal Way, Washington, to expand Inszone's presence in the state and the Pacific Northwest. Hart Insurance, founded in 1967 and owned by Susan Hendricks since 1991, will retain service continuity while gaining access to Inszone's broader resources and nationwide network.

Core Specialty Insurance Holdings, Inc. has completed the acquisition of London Aviation Underwriters, Inc., integrating LAU as its 18th specialty business unit and creating a new Aviation & Aerospace Division. LAU employees became Core Specialty employees effective January 1, 2025; LAU produced $44 million in gross premiums written in 2024 and will continue to operate under the LAU brand while StarStone National Insurance Company remains the policy-issuing carrier.

Amwins, a leading wholesale distributor of specialty insurance products, has acquired Superior Underwriters, a Bellevue, Washington–based managing general agency (MGA). The business, which will join Amwins Access, closed on December 31, 2024; terms were not disclosed and the acquisition is intended to strengthen Amwins' presence in the Pacific Northwest and expand its small-business binding authority capabilities.

Hub International Limited has acquired the assets of Otter Insurance Agency, Inc., a locally owned insurance agency headquartered in Lynnwood, Washington. Patrick Otter and the Otter Insurance team will join HUB Northwest; terms were not disclosed and Clear Lake Consulting served as financial advisor to Otter.

Inszone Insurance Services has acquired Snapp & Son Insurance, Inc., a three-generation, family-owned personal-lines insurance agency with deep roots in the Seattle area. The deal expands Inszone's Pacific Northwest presence and gives Snapp & Son clients access to Inszone's broader carrier network and resources.

PCF Insurance Services (a top-20 U.S. insurance brokerage) has acquired the insurance business of Top Insurance Associates, based in Snohomish, Washington. The Top Insurance Associates team will join PCF's Fortiphi Insurance to expand PCF's presence and service capabilities across Washington and the broader Pacific Northwest as part of PCF's ongoing acquisitional growth strategy.

Inszone Insurance Services has acquired Potter Insurance, a family-operated agency serving the Seattle and Issaquah communities since 1954. The deal expands Inszone's presence in Washington state and gives Potter clients access to Inszone's broader carrier network and back-office resources; Clear Lake Consulting served as exclusive advisor to Potter Insurance.

Highstreet Insurance Partners announced a partnership to add Wingert Insurance Agency, a Mill Creek, Washington-based provider of employee benefits and property & casualty solutions. Financial terms were not disclosed; Wingert's leadership (Jason and Shelley Wingert) will continue to run the agency from its current location as part of Highstreet's West region expansion.

Patriot Growth Insurance Services announced a partnership to bring Harvey Insurance Agency (Pasco, Washington) into its national network as the firm's first partnership in the Pacific Northwest. The deal brings Harvey's property & casualty and construction-focused expertise into Patriot's PE-backed platform (backed by GI Partners and Summit Partners) to accelerate local growth and provide expanded resources and technology.

Highstreet Insurance Partners has acquired Columbia Insurance, a Vancouver, Washington-based provider of personal and commercial risk solutions. The deal (terms undisclosed) expands Highstreet's presence in the Northwest and brings Columbia's five locations into Highstreet's West region.

World Insurance Associates LLC acquired the business of Sprague Israel Giles, Inc. (SIG) of Seattle, Washington effective August 1, 2024; terms were not disclosed. The acquisition expands World’s footprint into Washington and adds SIG’s commercial property & casualty, employee benefits, personal lines and specialty programs (including naturopath and Cannabis/CBD insurance) to its national brokerage platform.

Inszone Insurance Services, a Sacramento-based full-service brokerage, has acquired Tri-Cities Insurance Professionals, a multi-member managed broker agency in Pasco, Washington. The transaction expands Inszone's footprint in Washington state and brings the Tri-Cities team into Inszone's national brokerage platform.

Hub International Limited acquired the assets of Pollock Insurance, Inc., a Burien, Washington-based independent agency specializing in commercial and personal insurance. The Pollock team, led by owner Andrea Pollock Wood, will join Hub Northwest as part of Hub's strategy to expand its geographic footprint and strengthen its commercial and personal insurance capabilities in Washington.

Heffernan Insurance Brokers has acquired Achieve Alpha Insurance of Bellevue, Washington, with Gary Franke and his three team members joining Heffernan’s small business division, HeffDirect, effective December 31, 2023. Achieve Alpha, founded in 2008, specializes in Individual Health and Medicare solutions (and offers life, disability and long-term-care products); terms were not disclosed and Helfer & Associates advised Achieve Alpha.

Inszone Insurance Services, a California-based full-service insurance brokerage, has acquired Hawks View Insurance, expanding Inszone's footprint into Washington State. Hawks View, founded in 1985 and headquartered in Silverdale/Vancouver area, will continue serving its customers while joining Inszone's national platform.

A subsidiary of Brown & Brown, Inc. acquired substantially all of the assets of The Pacific Underwriters Corporation. The Pacific Underwriters team will continue operating from their Seattle location as part of Brown & Brown's National Programs segment, strengthening the firm's capabilities in public-utility program management and dental practitioner insurance across the Pacific Northwest. The sellers were shareholders Diane M. Darling, Randall R. Flem and Richard C. Rodruck.

Hub International Limited acquired the assets of Shinstrom & Norman, Inc., an independent insurance agency based in Kirkland, Washington. The Shinstrom & Norman team will join Hub Northwest and retain their Kirkland location; terms were not disclosed.

Hub International Limited has acquired the assets of DeFranco Insurance, Inc., a Seattle-based independent insurance agency. The DeFranco team, led by President John DeFranco, will join Hub Northwest to strengthen Hub's presence and capabilities in the Puget Sound market; terms were not disclosed.

Ryan Specialty (NYSE: RYAN) signed a definitive agreement to acquire certain assets of Griffin Underwriting Services, a Bellevue, Washington-based binding authority specialist and wholesale insurance broker. The deal expands Ryan Specialty's specialty offerings in the Pacific Northwest and strengthens its national binding authority capabilities; Griffin generated about $23 million of revenue for the 12 months ended November 30, 2022.

Marsh McLennan Agency (MMA), a business of Marsh McLennan, has acquired McDonald Zaring Insurance, a full-service agency based in Walla Walla, Washington. All 19 McDonald Zaring employees will join MMA as part of a newly created MMA office in Walla Walla; terms were not disclosed.

One80 Intermediaries, a specialty insurance broker and program manager, has acquired instaCOVER, a Kirkland, Washington-based insurance agency and web-based point-of-sale insurance platform. The acquisition expands One80's capabilities in financed and rental equipment insurance and adds insurtech functionality for channel partners and funders; terms were not disclosed.

Hub International Limited acquired the assets of Guide Insurance Services, Inc., a small insurance agency with offices in Lynden, Colville and Republic, Washington. The owners Joel Kok and Brett Kok and the Guide team will join Hub Northwest; terms were not disclosed.

Arthur J. Gallagher & Co. (Gallagher) acquired Bellevue, Washington-based insurance broker Hawley & Associates, LLC. The acquisition brings Hawley’s specialized insurance expertise for adoption, foster care and child welfare agencies into Gallagher’s Northwest retail property/casualty brokerage operations; terms were not disclosed.

Hub International Limited acquired the assets of Pacific Northwest Insurance, Inc., a Kirkland, Washington-based personal and high-net-worth insurance agency. The transaction brings the PNI team into Hub Northwest to strengthen Hub's personal insurance and high-net-worth offerings; terms were not disclosed.

olive.com, a Chicago-based provider of online vehicle protection plans and payment services, has acquired Uproar.car, a small fintech/insurtech startup with AI product-selection technology. The deal brings Uproar.car's team and API capabilities into olive.com's digital platform to enhance product selection, customer experience and distribution.

IMA Financial Group announced it has acquired Washington-based Parker, Smith & Feek effective November 1, 2021, adding about 330 employees and expanding IMA’s national footprint across the Pacific Northwest, Alaska and Hawaii. Parker, Smith & Feek will retain its name, offices and leadership while the deal strengthens IMA’s healthcare specialty and construction practice and grows the combined firm to roughly 1,700 associates.

USI Insurance Services acquired Insurance and Capital Management LLC (ICM), an independent insurance brokerage based in Mill Creek, Washington that specializes in marine insurance for offshore fishing operations. The acquisition expands USI's marine industry expertise and strengthens its Washington / Pacific Northwest presence; terms were not disclosed.

Alera Group has signed a definitive agreement to merge with Propel Insurance Agency, a privately held insurance broker headquartered in Tacoma, Washington. Concurrently, Alera completed a recapitalization with new capital from existing partner Genstar Capital and Propel's capital partner Flexpoint Ford to support the combined company’s national growth and expanded P&C capabilities.

Alliant Insurance Services has acquired Biggs Insurance Services, a Vancouver, Washington-based insurance agency with a team of nearly 60 professionals. The acquisition expands Alliant's Pacific Northwest footprint and brings Biggs’ commercial, personal, and employee benefits capabilities onto Alliant’s national platform; terms were not disclosed.

PCF Insurance Services announced a strategic partnership with Rice Insurance of Bellingham, Washington, under which Rice Insurance partner James Fritts will become an owner and partner of PCF. The deal brings Rice Insurance into PCF’s agency partner network, giving the agency access to PCF’s finance, HR, IT, carrier relationships and growth resources to support future expansion.

Hub International Limited has acquired the assets of Conover Insurance Services, LLC and certain of its affiliates. Conover, headquartered in Bellevue, Washington with nearly 100 employees and offices across Washington and Chico, California, will join Hub Northwest to strengthen Hub's presence and specialty capabilities in the Pacific Northwest; terms were not disclosed.

BRP Group, through its indirect subsidiary BRP Medicare Insurance III, LLC (doing business as Guided Medicare Solutions), entered into a definitive agreement to acquire substantially all assets of Tim Altman, Inc. (operating as Only Medicare Solutions), an Issaquah, Washington-based Medicare insurance agency. Only Medicare Solutions generated approximately $1.0 million in annual revenue and will be rebranded under the Guided banner following the transaction, which was expected to close April 1, 2021.

Hub International Limited acquired the assets of The Vitolo Company, a Seattle-based independent insurance agency that provides employee benefits, group benefit planning and compliance consulting. Mike Vitolo and the Vitolo team will join Hub Northwest as part of the transaction; terms were not disclosed.

Heffernan Insurance Brokers has purchased the assets of Contractors Insurance NW (CINW) of Olympia, Washington, effective May 1, 2020, and will integrate the business into its HeffDirect division. CINW, founded in 2011, brings commercial contractor insurance expertise across Washington, Oregon, California, Idaho and Texas, strengthening Heffernan's construction niche practice; founders Abraham and Roshena Boling commented on merging with Heffernan.