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The US intermediary said it would pay roughly $2.5bn for the trio of acquisitions. -
GRP global CEO Mike Bruce will continue to lead the firm and will report to Brown & Brown president of retail segment Barrett Brown.
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Inside P&C’s news team runs you through the key M&A deals from the past week.
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The group’s MGA platform Millennial Specialty has also entered a programme administrator agreement with a QBE affiliate.
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The deal marks the latest step in Gilinski’s hostile takeover of one of the largest carriers in Latin America.
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The US retailer looks set to secure the UK consolidator after fending off private equity house TA Associates.
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The broker closed on the acquisition of KV, a national title insurance agency, announced in early February.
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The company is on the look-out for M&A opportunities in Western Europe and Latin America.
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The deal follows Acrisure’s recent purchase of Brazil's It’sSeg and adds another European market to its operations.
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Insureon’s CEO Dan Kazan will work with both companies as part of the deal, while the InsurTech’s chief commercial officer Jeff Kroeger will join Hub.
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State Auto distributes personal and small commercial coverages in 33 states through roughly 3,400 independent agents.
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Orchid and CrossCover will report to Brown & Brown president of national programs Chris Walker.
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