The Ticker

GALLAGHER

Buys Parisco, a marine and energy brokerage based in Norway. Dag Magne Torjussen and team join Oslo-based Bergvall Marine, Gallagher’s marine specialty shop in Norway, reporting to Anders Mjaaland.

ajg.com
May 20, 2021
XENIA BROKING

Agrees to buy Credit Insurance Alliance Brokers, a West Midlands, England-based brokerage focused on trade credit insurance. Close expected in May.

May 20, 2021
GROUP ASSUR

Evolution Insurance merges into this Canadian MGA but will keep its brand name through the rest of this year. Evolution founders Yves Daigneault and Louis-Philippe Ferland become shareholders of GroupAssur.

May 20, 2021
ASSURED PARTNERS

Buys Lehrer & Madden Insurance Agency, based in Natick, Massachusetts. President John Doherty remains at helm of his team.

assuredpartners.com
May 20, 2021
USI

Buys Northwest Insurance Services from Northwest Bank. It offers full line of P&C, life, disability and LTC products as well as employee benefits.

usi.com
May 20, 2021
ALERA

Buys The Waterford Group, based in Rochester, N.Y. It specializes in retirement plans and fiduciary and wealth management services.

aleragroup.com
May 20, 2021
OPTIO

Buys Northcourt, an MGA specializing in nuclear power companies worldwide, from founder John McInespie and management minority shareholders. Executive team and staff join Optio.

May 20, 2021
HIGH STREET INSURANCE PARTNERS

Made three buys in April: Pennsylvania’s full-service Hartzell Insurance Associates; Long Island-based NYAB, which focuses on personal and commercial insurance and New York City transportation industry; and Perry & Carroll, which serves lower New York and northern Pennsylvania.

huroncapital.com
May 20, 2021
NFP

Buys The Schuster Group and Tango Administrative Management Services, which is Schuster’s nonprofit membership platform. Schuster is based in Farmington, Conn., with offices in Rhode Island and Massachusetts and specializes in employee benefits and retirement advisory services. Rollin Schuster joins as managing director.

nfp.com
May 20, 2021
J.M. WILSON

Buys Transcom General Agency, a Madison, Wisconsin-based MGA focused on transportation industry. Michael Knutson and team join J.M. Wilson as part of the deal.

jmwilson.com
May 19, 2021

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