Everett Cash Mutual Insurance Company Acquires American Reliable’s Farm, Ranch, and Equine Business

Everett Cash Mutual Insurance Company Acquires American Reliable’s Farm, Ranch, and Equine Business August 9, 2022 Global Indemnity Group, LLC , announced today that American Reliable Insurance Company (“ARIC”), a GBLI subsidiary, completed the disposition of ARIC’s Farm, Ranch, and Equine book of renewal business to Everett Cash Mutual. GBLI also announced that it agreed [...]

By |2022-08-10T07:47:15-04:00August 9th, 2022|PRESS RELEASES|Comments Off on Everett Cash Mutual Insurance Company Acquires American Reliable’s Farm, Ranch, and Equine Business

Fortitude Re acquires U.S Property & Casualty Insurer

Fortitude Re acquires U.S Property & Casualty Insurer May 12, 2022 FGH Parent, L.P., the ultimate parent company of Bermuda’s largest multi-line reinsurer (together with its subsidiaries, “Fortitude Re”), today announced the acquisition of Plans’ Liability Insurance Company, an Ohio-domiciled and widely licensed property & casualty insurer. This acquisition enables Fortitude Re to provide enhanced [...]

By |2022-05-13T10:32:31-04:00May 13th, 2022|PRESS RELEASES|Comments Off on Fortitude Re acquires U.S Property & Casualty Insurer

Mutual of America to acquire Landmark Life Insurance Co.

Mutual of America to acquire Landmark Life Insurance Company April 27, 2022 Mutual of America Financial Group, a subsidiary of Mutual of America Life Insurance Co., has entered into a stock purchase agreement to acquire Texas-based Landmark Life Insurance Co. The transaction is expected to close during the third quarter, subject to customary closing conditions, [...]

By |2022-04-28T14:30:59-04:00April 28th, 2022|PRESS RELEASES|Comments Off on Mutual of America to acquire Landmark Life Insurance Co.

ISC Acquires NNB to Further Complement Its Transportation Offering

ISC Acquires NNB to Further Complement Its Transportation Offering February 25, 2022 California-based Integrated Specialty Coverages (“ISC”), a leading, multi-line program administrator that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and data analytics, announced that it has acquired West Hartford, Connecticut and Medford, Oregon-based Northeast National Brokerage (“NNB”), an MGA specializing in [...]

By |2022-02-26T12:29:47-05:00February 25th, 2022|PRESS RELEASES|Comments Off on ISC Acquires NNB to Further Complement Its Transportation Offering

Fortitude RE Enhances Insurance Capabilities

Fortitude RE Enhances Insurance Capabilities January 6, 2022  Fortitude Re announced today the formation of a Bermuda multi-line reinsurer and the acquisition of a U.S. life insurer. In Company Ltd. (“FRL”), Bermuda’s largest multi-line reinsurer, obtained approval to operate as a Reciprocal Jurisdiction Reinsurer, the first such approval to be granted by the Texas Department [...]

By |2022-01-13T21:05:42-05:00January 6th, 2022|PRESS RELEASES|Comments Off on Fortitude RE Enhances Insurance Capabilities

Merger & Acquisition Services, Inc. Winner at 20th Annual M&A Advisor Awards

Merger & Acquisition Services, Inc. Winner at 20th Annual M&A Advisor Awards New York, NY, November 18th, 2021 The M&A Advisor has announced the Winners of The M&A Advisor Awards on November 17th, 2021 during the 20th Annual M&A Advisor Awards Gala at the New York Athletic Club. Merger & Acquisition Services was awarded: [...]

By |2022-01-09T16:20:29-05:00November 19th, 2021|PRESS RELEASES|Comments Off on Merger & Acquisition Services, Inc. Winner at 20th Annual M&A Advisor Awards

Press Release – K2 Insurance Services Acquires American Reliable Specialty Residential Property Business from Global Indemnity Group

For Immediate Release K2 Insurance acquires American Reliable specialty residential property business from Global Indemnity Group November 3, 2021 Bala Cynwyd, PA Global Indemnity Group, LLC (NASDAQ:GBLI) ("GBLI"), announced today that K2 Insurance Services, LLC ("K2") has acquired its American Reliable specialty residential property business, including its manufactured home and dwelling lines. K2 is [...]

By |2022-01-13T21:07:58-05:00November 5th, 2021|PRESS RELEASES|Comments Off on Press Release – K2 Insurance Services Acquires American Reliable Specialty Residential Property Business from Global Indemnity Group

Press Release – Bamboo Insurance Acquires Assets of First American Property and Casualty Insurance Agency

For Immediate Release Bamboo Insurance Acquires Assets of First American Property and Casualty Insurance Agency   June 17, 2021 New York, NY,  June 17, 2021 – Bamboo Insurance, a reimagined insurance company focused on transparency, customer advocacy and a frictionless experience, has acquired certain of the assets of First American Property and Casualty Insurance Agency ("FAPCIA") from [...]

By |2022-01-09T16:20:30-05:00June 18th, 2021|PRESS RELEASES|Comments Off on Press Release – Bamboo Insurance Acquires Assets of First American Property and Casualty Insurance Agency

Press Release – Accelerant Holding acquires Agribusiness Risk Underwriters

For Immediate Release Accelerant Holding Acquires Agribusiness Risk Underwriters   June 8, 2021 New York, NY,  June 8th, 2021 – Accelerant Holdings announced today that it has aquired Agribusiness Risk Underwriters (ARU) Agribusiness Risk Underwriters is a leader in U.S. poultry farm insurance product development, underwriting and loss control.   Located in Winston Salem North Carolina [...]

By |2022-01-09T16:20:30-05:00June 10th, 2021|PRESS RELEASES|Comments Off on Press Release – Accelerant Holding acquires Agribusiness Risk Underwriters

Press Release – MS Amlin acquires International Transportation Marine Office, LLC

For Immediate Release MS Amlin acquires International Transportation Marine Office, LLC -Launch of new strategy to target high growth US specialty MGA market-   April 7, 2021 MS Amlin, today announces an agreement to acquire US Managing General Agency (MGA) International Transportation and Marine Office, LLC (ITMO) and its associated subsidiaries as part of [...]

By |2022-01-09T16:20:30-05:00April 8th, 2021|PRESS RELEASES|Comments Off on Press Release – MS Amlin acquires International Transportation Marine Office, LLC