Business Moves

National

Waner Pacific, Acrisure

General agency Warner Pacific, based in Westlake Village, California, acquired five general agencies from broker and fintech specialist Acrisure.

The five Acrisure General Agencies moving under Warner Pacific include Employee Benefit Risk Management, Oak Brook, Illinois; Group Benefit LTD, Urbandale, Iowa; Professional Group Marketing, Brewster, New York; National United Brokers, Westerville, Ohio; and Mature Health Services, Palatine, Illinois.

East

Renaissance,

Consolidated Insurance Agents Inc.

Independent insurance agency network Renaissance acquired the agency network business of Consolidated Insurance Agents Inc. (CIA), based in Buffalo, New York. Carl Maranto is president of CIA.

Marsh McLennan Agency,

Acumen Solutions Group LLC

Marsh McLennan Agency (MMA) acquired Acumen Solutions Group LLC, a Melville, New York-based insurance agency.

Acumen provides personal insurance, customized commercial insurance programs and administrative services.

Acumen employees, including President Tony D’Elia, will join Marsh McLennan Agency and continue to operate out of Melville.

Union Bay Acquisition LLC,

Loyalhanna Insurance Group

Union Bay Acquisition LLC, an aggregator of insurance agencies based in Lansdale, Pennsylvania, acquired Loyalhanna Insurance Group of Latrobe, Pennsylvania. Union Bay Acquisition LLC owns property/casualty insurance agent Union Bay Risk Advisors LLC.

Hub International Ltd.,

Byrnes Agency, Inc.

Insurance broker Hub International Ltd, headquartered in Chicago, acquired the assets of Byrnes Agency, Inc., located in Dayville and Norwich, Connecticut. The Byrnes Agency team of more than 25 associates will join Hub New England. Byrnes Agency will be referred to as Byrnes Agency, a Hub International company.

Midwest

Relation Insurance Services, Forest Insurance Agency

Relation Insurance Services acquired the assets of Forest Insurance Agency in Forest Park, Illinois. Dan Browne, president of Forest, will continue managing that office as a part of Relation.

WalkerHughes Insurance, Independent Brokers Agency LLC

WalkerHughes Insurance, headquartered in Indianapolis, Indiana, acquired Independent Brokers Agency LLC (IBA), a St. Louis, Missouri-based insurance agency. IBA represents WalkerHughes’ first acquisition outside of Indiana. Heather Wessels, Principal of IBA, and Mike Swatske, Partner of IBA, will continue managing the St. Louis, Missouri office, assuming local leadership and continued business development roles as regional directors.

South Central

Clyde & Co, Tillman Batchelor LLP

Law firm Clyde & Co announced its merger with Dallas law firm Tillman Batchelor LLP. Mark Tillman and Colin Batchelor have joined Clyde & Co’s Dallas office as partners. Tillman Batchelor LLP served the litigation needs of domestic and international insurance carriers and their insureds, along with numerous other business entities on a direct representation basis throughout the U.S.

Southeast

ALKEME,

Professional Benefits Consultants

ALKEME, headquartered in Ladera Ranch, California, acquired Professional Benefits Consultants, based in Canton, Georgia. PBC offers a range of benefits and insurance coverage, including Medicare solutions, group health and compliance and administrative functions.

The Andrew Agency, Garriques,

Lloyd & McMahon

The Andrew Agency, headquartered in Glen Allen, Virginia, acquired Garriques, Lloyd & McMahon (GLM) in Richmond, Virginia. Founded in 1963, GLM Insurance is a third-generation family-owned agency providing personal and commercial insurance throughout Virginia and North Carolina. The Andrews Agency is an independent agency serving the Mid-Atlantic region.

Ryan Specialty,

Velocity Risk Underwriters

Ryan Specialty, headquartered in Chicago, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year. Velocity Risk, providing coverage for catastrophe-exposed properties, is a managing general underwriter that has been a part of Oaktree Capital Management. Velocity will become part of Ryan Specialty Underwriting Managers. As a component of this transaction, subject to regulatory approval, Velocity’s excess and surplus carrier, Velocity Specialty Insurance Company (VSIC), will be acquired by commercial property mutual insurance company FM, formerly FM Global.

Strate Insurance Group, Main Street Insurance Group

Strate Insurance Group in Morristown, Tennessee, is merging with Main Street Insurance Group, a 127-year-old agency with locations in North Carolina. The merged firm will operate as Strate Insurance Group, a Main Street Insurance Group Partner. All team members will remain with the new operation. Katherine Strate Smith will serve as partner and owner in Main Street, while Tom Strate will serve in an advisory role.

King Risk Partners,

Bruce Hendry Insurance

King Risk Partners, based in Gainesville, Florida, acquired Bruce Hendry Insurance (BHI) in Immokalee, Florida. BHI has been in business for 45 years, serving much of the state, offering coverages through Nationwide, Travelers, Progressive, Mercury and other carriers.

West

Trucordia, Boulder Insurance Solutions

Trucordia, headquartered in Lindon, Utah, acquired the insurance business of Boulder Insurance Solutions in Colorado, a full-service brokerage serving small- to mid-sized companies. Trucordia was formerly PCF Insurance Services.

Heffernan Insurance Brokers,

Green Financial

Heffernan Insurance Brokers, headquartered in Walnut Creek, California, acquired Green Financial in Kirkland, Washington. Fred Green, president of Green Financial, and his team have joined Heffernan Insurance Brokers’ small business division, HeffDirect.

Hub International Ltd.,

Woods Insurance Services, Inc.

Hub International Ltd., headquartered in Chicago, has acquired the assets of Woods Insurance Services Inc. in Farmington, New Mexico.

Owner and President Lyle Love and the Woods Insurance Services team will join Hub Southwest.

Woods Insurance Services will be referred to as Woods Insurance Services, a Hub International company.

Lincoln-Leavitt Insurance,

Pyorre Insurance Agency

Lincoln-Leavitt Insurance, headquartered in Lakeport, California, acquired Pyorre Insurance Agency. The Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport. Its Fort Bragg location will remain open. Leavitt Group is a privately held insurance brokerage with more than 90 agencies and 250 locations across 27 states.

Navion Insurance Associates Inc., Pegasus Capital & Insurance Services Inc.

Navion Insurance Associates Inc., headquartered in Yorba Linda, California, acquired Pegasus Capital & Insurance Services Inc., specializing in commercial insurance. Navion Insurance Associates is a retail insurance agency providing commercial and personal insurance products and services nationwide.

SageSure, GeoVera Advantage Insurance Services LLC

SageSure, headquartered in Jersey City, New Jersey, acquired GeoVera Advantage Insurance Services LLC in Fairfield, California. SageSure is a managing general agent specializing in catastrophe-exposed residential and commercial property insurance. GeoVera Nova Holdings oversees the growth and management of GeoVera Insurance Co., GeoVera Specialty Insurance Co., Coastal Select Insurance Co. and SafePort Insurance Co.

Arthur J. Gallagher & Co., Murray Gardner Insurance Agency Inc.

Arthur J. Gallagher & Co., headquartered in Rolling Meadows, Illinois, acquired Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Gary Arch and his team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations.

World Insurance Associates LLC, Business Contractors Insurance Services

World Insurance Associates LLC, headquartered in Iselin, New Jersey, acquired the business of Business Contractors Insurance Services (BCIS) in Santee, California. BCIS provides insurance services to individuals and businesses.

Hub International Ltd.,

Jackson Hole Insurance LLC

Hub International Ltd., based in Chicago, acquired the assets of Jackson Hole Insurance LLC in Wyoming. Evan Molyneaux, president, and Geoff Whitaker, senior sales executive, will join Hub Mountain. Jackson Hole Insurance will be referred to as Jackson Hole Insurance, a Hub International company.

Hub International Ltd.,

Great Basin Insurance Inc.

Hub International Ltd. also acquired the assets of Great Basin Insurance Inc. Agency Partners Dana Loreman and Bill Gilmore Jr. and their team will join Hub Northwest.

Great Basin Insurance will be referred to as Great Basin Insurance, a Hub International company. Great Basin Insurance has locations in Klamath Falls and Springfield, Oregon.

International

Guy Carpenter, Carpenter Turner

Guy Carpenter, headquartered in New York City, acquired a 51.5% stake of Carpenter Turner, an Athens-based regional leader in the reinsurance broking and advisory business.

Carpenter Turner’s CEO, Alexander Turner, becomes CEO, Guy Carpenter Greece, reporting to Julian Enoizi, CEO, Guy Carpenter Europe. The agency is now operating as Guy Carpenter Greece.