Insurance Acquisitions in United States

Arthur J. Gallagher & Co. acquired B&W Insurance Agency, Inc., an insurance brokerage based in Washington, Pennsylvania; financial terms were not disclosed. B&W’s team, including Paul Barzd III and Jim Cote, will continue operating from its current location and will report into Jen Tadin’s Gallagher Select U.S. property and casualty platform as Gallagher expands its retail brokerage footprint in southwest Pennsylvania.

King Risk Partners, a U.S. insurance brokerage, announced the addition of Ten Eyck Group as an affiliate to expand its footprint in New York and the broader Northeast. Ten Eyck Group is an independent insurance agency based in Albany, New York, offering personal and commercial lines, benefits, and bonds.

Inszone Insurance Services, a national insurance brokerage headquartered in Sacramento, California, acquired Scarbrough, Medlin & Associates, Inc., a Dallas-based agency specializing in commercial property insurance. The transaction expands Inszone’s footprint in Texas and adds commercial property expertise serving property management, association management, and multifamily/mixed-use clients, with Scarbrough, Medlin & Associates’ team remaining in place post-acquisition.

King Risk Partners, a U.S. insurance brokerage, acquired Hanc Group, an insurance agency headquartered in Alpharetta, Georgia. The deal expands King Risk Partners’ presence in Georgia and adds deeper capabilities in personal, commercial, and employee benefits insurance, including strong relationships within Georgia’s Korean community.

R.E. Chaix & Associates Insurance Brokers, LLC announced the acquisition of US Pro Insurance Services, a specialty brokerage focused on cyber liability insurance. The combination expands R.E. Chaix’s national specialty lines capabilities and market access while integrating US Pro’s team into the R.E. Chaix platform.

Arthur J. Gallagher & Co. acquired 3D Advisors, a Shelby Township, Michigan-based brokerage general agency providing life insurance, annuity, and long-term care solutions for financial advisors. The acquisition expands Gallagher’s employee benefits consulting and brokerage platform by adding specialized life and annuity distribution capabilities. Financial terms were not disclosed.

Simplicity Group, a holistic financial planning firm, acquired Indianapolis-based Source Brokerage, LLC, a disability-insurance specialist brokerage general agency (BGA). The deal expands Simplicity’s national disability insurance (DI) platform and adds institutional-market expertise, including Graduate Medical Education (GME) and Guaranteed Standard Issue (GSI) programs. Source Brokerage founder Steve Crowe joins Simplicity as a partner as part of the transaction.

Meiji Yasuda Group has acquired Banner Life Insurance Company and William Penn Life Insurance Company of New York (together, the Banner Life family of companies), which include U.S. term life insurance and pension risk transfer (PRT) businesses previously owned by Legal & General Group plc. The transaction closed after receiving required regulatory approvals and was valued at approximately $2.3 billion (with $2.6 billion transferred at completion subject to purchase price adjustments and a final post-completion true-up). The deal also establishes a long-term strategic PRT partnership between Meiji Yasuda and Legal & General.

BCP announced the closing of its previously announced sale of The Gray Casualty & Surety Company (Gray Surety) to Palomar Holdings, Inc. Gray Surety is a Treasury-listed surety carrier focused on contract bonds for midsized and emerging contractors across the United States, and BCP had invested in the business in 2021.

Marsh McLennan Agency (MMA), a business of Marsh, acquired Robinson & Son, LLC, a Hudson Falls, New York-based insurance agency specializing in the maritime industry. Financial terms were not disclosed. Robinson & Son’s employees, including co-founder and agency principal James Robinson, will join MMA and continue operating from their existing office.

Senior Market Sales (SMS), an insurance marketing organization and a subsidiary of Alliant Insurance Services, acquired Fair Square Medicare, a technology-driven platform focused on simplifying the Medicare experience for seniors. The deal is intended to expand SMS’ digital capabilities by adding Fair Square’s proprietary software and “care navigator” model to help seniors and agents select and manage Medicare coverage at scale.

WTW completed its previously announced acquisition of Newfront, a San Francisco-based insurance brokerage. The deal brings Newfront onto WTW’s platform to deepen WTW’s U.S. middle-market presence and enhance its technology-enabled brokerage, data, and automation capabilities, with Newfront now operating as part of WTW.

Integrated Specialty Coverages (ISC), a California-based multi-line program administrator, acquired Specialty Brokerage Services (SBS), an Ohio-based wholesale insurance brokerage. The deal expands ISC’s nationwide wholesale capabilities across personal and commercial lines, deepening carrier relationships and increasing market access across admitted and non-admitted lines, including areas such as high-value personal lines, private flood, and product liability.

Warner Pacific, a Lovell Minnick Partners-backed general agency, acquired Brokers Holding Group (BHG), a South Carolina-based general agency focused on level-funded health plans and alternative funding strategies for employer groups. The deal expands Warner Pacific’s footprint across the Southeast (including South Carolina, North Carolina, Georgia, and Tennessee) and strengthens its capabilities in the employee benefits market. BHG will continue to operate under its existing brand, with co-owners Scott Lee and Lee Long remaining in leadership roles; financial terms were not disclosed.

EPIC Insurance Brokers & Consultants acquired The Bond Exchange, a Mission Viejo, California-based surety bond agency founded in 1999. The deal expands EPIC’s national surety practice with additional underwriting and brokerage expertise and adds The Bond Exchange’s Bond 911 platform to streamline issuance for smaller bond needs.

BV Investment Partners acquired the Managed Repair Program / Managed Repair Division (also referred to as Alacrity Network Solutions) from Alacrity Solutions and rebranded the business as Altimeter Solutions Group, establishing it as an independent platform focused on property-insurance managed repair and restoration. The deal was completed in partnership with the existing leadership team, with Jonathan Miko serving as CEO. BV Funds XI and XII provided the investment capital, while Alacrity positioned the divestiture as a strategic step to focus investment on its core claims administration services.

ALKEME Insurance acquired five insurance agencies across Indiana, New Jersey, California, and Florida as part of its national expansion strategy. The acquisitions add four property & casualty firms and one employee benefits-focused agency, strengthening ALKEME’s coast-to-coast brokerage platform.

The Baldwin Group (NASDAQ: BWIN) completed the acquisition of Creisoft, Inc. and its subsidiaries, collectively known as Obie, a Chicago-based embedded insurance distribution platform focused on insurance solutions for landlords and real estate investors. The deal expands Baldwin’s embedded insurance distribution capabilities and strengthens its property distribution network, including support for MSI (Millennial Specialty Insurance), Baldwin’s managing general agent.

Jewelers Mutual Group acquired EventGuard, an event insurance program that previously operated as a division of Indemn, to expand beyond traditional jewelry coverage into event and wedding insurance products. Going forward, JM Insurance Agency Partners will operate the EventGuard program, working through Markel Group Inc. as the insurance carrier, with plans to scale offerings using generative AI; financial terms were not disclosed.

Integrity, LLC acquired AIMCOR Group, a national insurance distribution organization focused on traditional life insurance distribution and institutional relationships. AIMCOR will continue to be led by President & CEO John Ziambras and EVP Marc Verbos, and they, along with AIMCOR’s current owners, will become owners of Integrity. Financial terms were not disclosed.

The Baldwin Group (NASDAQ: BWIN) has completed its acquisition of Capstone Group, a Philadelphia-area full-service, multi-line independent insurance brokerage founded in 2013. The deal expands Baldwin’s regional footprint in the Philadelphia market and adds Capstone’s capabilities in risk management, employee benefits, and property and casualty insurance, while providing Capstone access to Baldwin’s broader resources and scalable infrastructure.

Ridgemont Equity Partners acquired CRS, a tech-enabled insurance claims services provider offering temporary housing and managed repair solutions for insurance carriers and policyholders nationwide. CRS was previously majority-owned by Reverence Capital Partners, which invested in the company in December 2021 and has now completed its sale to Ridgemont; CRS management will remain significantly invested alongside the new owner.

Protective Life Corporation, through its Protective Asset Protection division, completed the acquisition of Portfolio Holding, Inc. and its subsidiaries from Abry Partners. Portfolio is a provider of dealer wealth-building programs, reinsurance structures, and finance & insurance (F&I) products serving automotive, RV, powersports, and marine dealers. The deal expands Protective’s asset protection capabilities and distribution network across multiple vehicle sectors.

SageSure completed the acquisition of Gemini Financial Holdings Corporation and its Olympus subsidiaries (Olympus), a Florida underwriting franchise focused on mass-affluent homeowners. As part of the transaction, Valence Insurance Holdings (parent of SageSure carrier partners Auros and Interboro Insurance) acquired Olympus Insurance Company; the deal was announced September 10, 2025 and closed January 2, 2026.

The Baldwin Group (NASDAQ: BWIN) completed its previously announced merger transaction with CAC Group, a specialty and middle-market insurance brokerage firm. CAC Group comprises CAC Specialty, CAC Agency, and CAC Capital, expanding Baldwin’s insurance brokerage and advisory capabilities across specialty, P&C/personal lines/employee benefits, and structured solutions.

INSURICA Insurance Services, LLC completed the acquisition of all outstanding equity of First Light Program Managers, LLC, effective January 1, 2026. Florida-based First Light is a wholesale insurance provider focused on the transportation industry (notably trucking and marine), and the deal is intended to expand INSURICA’s underwriting and program administration capabilities and scale in the U.S. transportation insurance market.

Hilb Group acquired a Pennsylvania-based property and casualty insurance agency, with the transaction effective January 1, 2026. The deal expands Hilb Group’s product and service offerings and strengthens its presence across the Mid-Atlantic region.

Inszone Insurance Services acquired Pikes Peak Insurance Agency, an independent insurance agency based in Falcon, Colorado. The deal strengthens Inszone’s presence in Colorado and adds a locally established agency with a strong focus on personal lines and growing commercial insurance capabilities. Founder Chris Wood will remain with the business and continue to be involved in day-to-day operations following the acquisition.

Admiral Group plc completed the sale of its U.S. motor insurance business, comprising Elephant Insurance Company and Elephant Insurance Services (together, “Elephant”), to private investment firm J.C. Flowers & Co., effective 31 December 2025. Elephant is headquartered in Richmond, Virginia and provides U.S. auto insurance through a digital customer platform.

Inszone Insurance Services acquired Sample Insurance Group, LLC, an independent insurance agency headquartered in Monument, Colorado, to expand its presence in Colorado. Sample Insurance Group’s team will remain in place and continue serving clients locally while leveraging Inszone’s broader resources, technology, and market access.

Inszone Insurance Services acquired Meyer & Rees, Inc., doing business as Bierschwale-Rees Insurance, a long-established independent insurance agency based in Fredericksburg, Texas. The acquisition expands Inszone’s presence in Texas and provides Bierschwale-Rees with additional technology, market access, and operational resources while continuing to operate from its Fredericksburg office.

Inszone Insurance Services, a national insurance brokerage headquartered in Sacramento, California, has acquired Shahinian Insurance Services, Inc., a California-based insurance agency specializing in niche insurance programs with nationwide reach. Shahinian Insurance will continue operating with support from Inszone’s broader platform, resources, and carrier access.

Inszone Insurance Services acquired Mark V. Williamson Co., Inc. (doing business as Williamson Insurance), a long-standing independent insurance agency based in Little Rock, Arkansas. The acquisition expands Inszone’s presence in Arkansas while allowing Williamson Insurance to continue operating from its Little Rock location with its existing team, supported by Inszone’s resources, technology, and carrier relationships.

Inszone Insurance Services acquired Northern Insurance Group, Ltd., a long-established independent insurance agency based in Illinois. Northern Insurance Group will continue to operate in place, supported by Inszone’s broader resources, technology, and nationwide carrier network.

Inszone Insurance Services acquired Voyage Benefits, LLC, a health and life insurance agency focused on individual health insurance and Medicare solutions. Voyage Benefits will continue operating from Grand Rapids, Michigan, with founder/principal Kelly Syren joining Inszone to expand Inszone’s benefits capabilities in Michigan and nationally.

Warner Pacific, a national general agency for insurance brokers backed by Lovell Minnick Partners, completed the acquisition of Local Insurance Advisors (LIA), an Oklahoma-based Medicare and individual health insurance advisory firm. The deal expands Warner Pacific’s Midwest footprint and strengthens its Medicare and individual health insurance distribution capabilities. LIA co-owners Tom Mays and Travis Branch will join Warner Pacific as Regional Vice Presidents to continue leading growth efforts in the Midwest and beyond.

NFP (an Aon company) acquired Alan J. Zuccari, Inc. dba Hamilton Insurance Agency, a property & casualty insurance broker and benefits administration provider based in Fairfax, Virginia. The deal expands NFP’s risk management and integrated benefits administration capabilities, particularly serving the senior living and long-term care industry, and includes Hamilton’s BeneLink Connect benefits administration technology and its Electronic Risk Management Assistant tool.

Starfish Specialty Insurance, an independent managing general agency (MGA), entered into a partnership with Peloton Capital Management through a strategic investment. The deal provides Peloton with a significant minority stake alongside Starfish’s founders, with the capital intended to support accelerated organic growth and enable strategic acquisitions.

Trucordia, a top-20 U.S. insurance brokerage group headquartered in Lindon, Utah, acquired Global Financial & Insurance Services, an insurance and financial services business headquartered in Irving, Texas. The acquisition expands Trucordia’s national financial solutions platform, adding Global Financial’s personal and commercial insurance offerings and related financial planning services across its multi-state footprint.

Trucordia, a top 20 U.S. insurance brokerage, acquired Global Financial & Insurance Services, an insurance and financial services business headquartered in Irving, Texas. The deal expands Trucordia’s nationwide platform, adding Global Financial’s personal and commercial insurance offerings and broader financial services capabilities across a multi-market footprint.

Jordan Partners LLC announced a strategic growth investment in Vanguard Claims Administration, Inc., a third-party administration (TPA) and independent adjusting (IA) platform serving the property and casualty insurance market. The investment is intended to support Vanguard’s expansion, including technology and data reporting enhancements and a disciplined acquisition strategy in the TPA/IA sector.

LNC Partners completed a strategic investment in Bennie Health, Inc., a modern employee benefits broker with an employee-facing technology platform. The investment is intended to support Bennie’s rapid growth, expansion of its technology offering, and pursuit of strategic M&A initiatives.

EPIC Insurance Brokers & Consultants (EPIC) announced the acquisition of Sentry Transportation’s direct writing operation from Sentry Insurance. The acquired team and business will join Interstate Motor Carriers, an EPIC company, to expand EPIC’s national transportation platform and deepen its trucking-focused client relationships.

Marsh McLennan Agency acquired three Honolulu-based insurance brokerages—Atlas Insurance Agency, Pyramid Insurance Centre, and IC International—from Tradewind Group to expand its presence in Hawai‘i. The acquired firms will continue operating from their existing offices, with all employees joining Marsh McLennan Agency. Financial terms of the transaction were not disclosed.

King Risk Partners acquired Arnold Insurance Agency, an independent insurance agency based in Reynoldsburg, Ohio, as part of King Risk Partners’ strategic expansion in the Midwest. Arnold Insurance Agency provides construction, small business, and personal insurance, along with risk management and surety bond services, and will broaden King Risk Partners’ presence and resources in Ohio.

Amynta Group, an insurance services provider, completed its acquisition of International Sureties, comprising Global Surety, LLC, International Sureties Limited, and International Sureties SARL. International Sureties is a specialty surety broker offering commercial surety products including admiralty, court, bankruptcy, logistics, and license and permit bonds; the deal had been previously announced on September 22, 2025.

King Risk Partners acquired Stewart Agency, an independent insurance agency based in Elmira and Corning, New York. The deal expands King Risk Partners’ footprint in New York and supports its strategy of regional growth through partnerships, with Stewart Agency continuing to provide personal and commercial insurance solutions.

Hilb Group acquired a Michigan-based property and casualty insurance agency, effective December 1, 2025, to expand its property and casualty offerings across the Midwest. Hilb Group is an insurance brokerage and advisory firm and a portfolio company of The Carlyle Group.

Confie acquired TGS Insurance Agency, Inc., a Houston-based independent standard personal lines insurance agency, in a deal that closed on December 1, 2025. The acquisition supports Confie’s strategy to scale InsureOne into a national platform for standard personal lines and small commercial insurance, with TGS to operate under the InsureOne brand and its management team continuing to lead operations from Houston. Financial terms were not disclosed.

Trucordia, a top-20 U.S. insurance brokerage, acquired Charles River Insurance, an independent insurance agency headquartered in Framingham, Massachusetts. Charles River Insurance provides personal and commercial insurance solutions and serves clients across Greater Boston and Central Massachusetts, including through offices in Framingham and Leominster. The deal expands Trucordia’s presence in New England as it continues building a national network of local, client-focused brokerages.

King Risk Partners acquired Acacia Insurance, a Massachusetts-based independent insurance agency headquartered in Waltham serving New England for more than 30 years. The acquisition expands King Risk Partners’ footprint in Massachusetts and the broader Northeast/New England market and is intended to combine King’s scale and resources with Acacia’s local expertise to broaden offerings and enhance client service.

NMS Capital Group, a family office-backed private equity firm, acquired Get Cover Technologies, the parent company of Get Cover, a technology-enabled provider of warranty and service contract solutions. The acquisition expands NMS Capital Group’s presence in technology-enabled insurance (insurtech) and supports Get Cover’s plans to scale its cloud-based warranty platform across B2B and B2C channels.

King Risk Partners acquired Stuart Surles Insurance, an independent insurance agency based in Angier, North Carolina. The acquisition expands King Risk Partners' presence in North Carolina and strengthens its capabilities in farm-related insurance offerings alongside other personal lines coverage.

Equal Parts, a technology-enabled insurance agency platform headquartered in Austin, Texas, acquired Blue Star Insurance Agency, a local brokerage serving Belen, New Mexico. The deal expands Equal Parts’ footprint in New Mexico and follows its recent acquisition of Albuquerque-based Strategic Insurance Group, which is expected to benefit from Blue Star joining the platform.

Amynta Group announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), acquired Nonprofit Services Insurance Agency, Inc. (NPS), an insurance agency based in Longview, Washington; financial terms were not disclosed. NPS provides captive management and alternative unemployment insurance solutions for nonprofit employers, and co-founders Dennis Costa and Mark Hanson will continue to lead the business as it integrates with FNP.

Alliant Insurance Services acquired Highpoint Insurance Group, a multi-line insurance broker based in Friendswood, Texas, expanding Alliant’s footprint in the state. Highpoint serves middle-market clients in the Greater Houston area across commercial and personal lines and employee benefits, and will operate as Alliant following the deal. MarshBerry served as financial advisor to Highpoint Insurance Group in the transaction.

Keyes Coverage, an insurance broker and a Keystone Agency Partners platform partner, acquired Filer Insurance, a Miami-based insurance agency founded in 1919. The deal expands Keyes Coverage’s presence in South Florida and continues its strategy of growth through acquisitions.

TWFG, a national independent insurance distribution platform headquartered in The Woodlands, Texas, has acquired Alabama Insurance Agency, Inc. and its network of 20 affiliated office locations across Alabama. The deal expands TWFG’s presence in the Southeastern United States and is intended to enhance Alabama Insurance Agency’s access to broader carrier relationships, products, and technology resources.

Senior Market Sales (SMS), an Omaha, Nebraska-based field marketing organization focused on Medicare distribution, acquired Abt Insurance Agency, a rapidly growing Medicare-focused insurance agency based in Austin, Texas. The deal expands SMS’ national Medicare insurance distribution footprint and provides Abt additional resources and technology to support continued growth.

Ambac Financial Group, Inc. completed its previously announced acquisition of ArmadaCare, a supplemental health insurance program manager, from SiriusPoint Ltd. ArmadaCare will continue operating under its own brand as a wholly owned subsidiary of Ambac and will remain led by CEO Ed Walker and the existing management team. The deal expands Ambac’s presence in the accident and health sector and diversifies its insurance distribution capabilities.

ReSource Pro acquired Supportive Insurance Services (SIS), a provider of insurance licensing and renewal services, to expand its compliance and regulatory capabilities for insurance organizations. The combination strengthens end-to-end offerings across adjuster licensing, surplus lines compliance, and related tax filings, supported by technology to streamline data sharing and reduce manual work. TAG Financial Institutions Group advised SIS on the sale, and Morgan Partners served as exclusive financial advisor to ReSource Pro.

Argosy Healthcare Partners (AHP) announced a recapitalization and partnership with Integrated Solutions for Benefits and Insurance Services (IS Benefits). IS Benefits, founded in 2006 and headquartered in Hooksett, New Hampshire, provides stop-loss underwriting expertise, specialty drug management, and claims auditing solutions to help self-funded employers and healthcare organizations manage high-dollar risk and benefits costs.

Philadelphia Insurance Companies (PHLY) acquired Ignyte Insurance's Collector Vehicle Division for $615 million. The transaction brings the American Collectors Insurance, J.C. Taylor Insurance, Condon Skelly, and Heacock Classic brands into PHLY, adding more than 250 employees and serving hundreds of thousands of collector-vehicle policyholders nationwide. The acquired business is headquartered in Mt. Laurel, New Jersey, and Ignyte (backed by Carlyle) will continue focusing on expanding its direct-to-consumer and embedded insurance offerings.

DOXA acquired American Hole ‘n One (AHNO), a leading provider of hole-in-one insurance and event promotions, to expand its prize indemnity and event promotions insurance offerings. AHNO will be incorporated into DOXA’s Consumer Vertical alongside existing prize indemnity businesses while continuing to operate independently with added administrative support from DOXA.

Inszone Insurance Services acquired Joel Rieth Insurance Agency, Inc., doing business as Complete Coverage Insurance Agency, expanding its presence in Colorado. Founded in 2017 by Joel Rieth, the agency will retain its team and continue serving clients with added back-office support, technology resources, and expanded carrier access through Inszone.

Marsh McLennan Agency (MMA), a business of Marsh, acquired Hayden Wood Insurance Agency Inc., an independent insurance agency headquartered in Southborough, Massachusetts. Hayden Wood, founded in 1946, specializes in personal lines with a focus on collector auto and motorsports products; its employees, including President and Owner Morgan Duffy, will join MMA and continue operating from the Southborough office. Financial terms were not disclosed.

Hilb Group announced the acquisition of a New Jersey-based property and casualty insurance business, effective November 1, 2025. The deal expands Hilb Group’s footprint across the Tri-State region as it continues to grow via strategic acquisitions.

Hilb Group acquired a Rhode Island-based property and casualty insurance business focused largely on personal lines, expanding its presence in New England. The transaction took effect on November 1, 2025; Hilb Group is a portfolio company of The Carlyle Group.

Inszone Insurance Services acquired Western Republic Insurance Services, a family-owned insurance agency based in Huntington Beach, California, to expand its presence in Southern California. Western Republic will continue operating from its Huntington Beach office while gaining access to Inszone’s added resources, technology, and carrier relationships.

EPIC Insurance Brokers & Consultants (EPIC) acquired Price Insurance, a fourth-generation, family-owned independent insurance agency serving individuals, families, and businesses in the Chicago area. Based in Lake Forest, Illinois, Price Insurance will strengthen EPIC’s Private Client practice and expand EPIC’s Midwest footprint, particularly across Chicago’s affluent North Shore.

ALKEME Insurance acquired USA Health Insurance, a health-focused insurance agency headquartered in Woodstock, Georgia. The deal expands ALKEME’s health benefits capabilities, adding expertise in personal health insurance, Medicare plans, and national group benefits as part of ALKEME’s broader national brokerage platform.

Alliant Insurance Services acquired McAfee Insurance Agency, an insurance services provider based in Mercedes, Texas, to expand Alliant’s transportation specialty platform and deepen cross-border transportation risk management capabilities in South Texas. The move supports Alliant Transportation’s growth strategy in Texas and is complemented by the hiring of transportation risk specialists Nader Dabboussi (Dallas) and Jordan Lewis (McAllen).

Arthur J. Gallagher & Co. announced it has acquired Strategic Services Group, Inc., an employee benefits consulting firm based in Rochester Hills, Michigan. Financial terms were not disclosed. Strategic Services Group’s team will remain in place and operate under Gallagher’s Great Lakes region employee benefits leadership.

Alliant Insurance Services acquired Texas Insurance Agency (Laredo) and McAfee Insurance Agency (Mabank) as part of an expansion of its transportation specialty platform across Texas. The acquisitions deepen Alliant’s cross-border trucking and transportation risk capabilities in South Texas and broaden its footprint in East Texas.

Renaissance, a network for independent insurance agencies, acquired the agency network business of Insurance Services of the West, LLC, which operates as Insurance Agency Network (IAN). Headquartered in Washington, IAN is a membership organization of more than 70 agencies representing about $400 million in premium volume. The transaction expands Renaissance’s national footprint and provides IAN members access to Renaissance’s market access, technology, and growth resources.

King Risk Partners, a U.S. insurance brokerage, acquired Jenkins Insurance, an independent insurance agency based in Harrisonburg, Virginia. The deal expands King Risk Partners’ footprint in Virginia and adds Jenkins’ personal and commercial lines capabilities, including specialty coverage such as cyber liability and flood insurance.

Bold Penguin announced it has acquired SquareRisk, a digital wholesale insurance marketplace that discovers, quotes, and binds specialty MGA products across 45+ carriers through a single interface. The deal expands Bold Penguin’s capabilities in specialty and excess & surplus (E&S) markets and adds immediate scale to its digital wholesale operations for hard-to-place commercial risks.

Oakbridge Insurance Agency LLC announced that Phoenix Associates has joined its growing platform, expanding Oakbridge’s specialty insurance offerings in the education sector. Phoenix Associates is an independent agency specializing in insurance for private schools and daycare centers, and will gain access to Oakbridge’s broader resources and service capabilities as part of the combination.

Higginbotham, an employee-owned insurance, financial and HR services firm headquartered in Fort Worth, Texas, has teamed up with Stephens Insurance Services, a Lubbock-based employee benefits specialist. The combination strengthens the firms’ presence across West Texas and into eastern New Mexico, expanding Stephens’ access to broader resources while maintaining its local leadership and benefits-focused expertise.

Equal Parts, a next-generation insurance platform based in Austin, announced the acquisition of Strategic Insurance, an independent insurance agency headquartered in Albuquerque, New Mexico. Strategic Insurance will continue operating under its local brand while leveraging Equal Parts’ technology, AI tooling, capital, and operational support to expand services across Albuquerque and beyond.

Dreamscape Industries completed its previously announced acquisition of LifeSecure Insurance Company, effective October 3, 2025. Following the transaction, Ross Aron was appointed president and CEO of LifeSecure, and the company will retain its Michigan headquarters while continuing to offer supplemental health and long-term care insurance products.

Amwins acquired Applied Risk Capital (ARC), a managing general agent specializing in credit insurance for the leveraged finance market. ARC will join Amwins Underwriting, expanding Amwins’ underwriting capabilities and adding credit insurance as a new product line within the division. BMO Capital Markets served as exclusive financial advisor to ARC on the transaction.

Alpine Intel, a provider of forensic investigation and insurance intelligence services, announced the acquisition of HMI. Based in Cary, North Carolina, HMI provides technology- and standards-driven outdoor property claims services (including emergency tree removal support, estimate reviews, and replacement/repair cost estimates for tree and landscape losses), expanding Alpine Intel’s data-driven solutions for insurance carriers.

World Insurance Associates, a Top 50 insurance brokerage, acquired the business of Jersey Coast Insurance, an insurance agency based in Margate City, New Jersey. The transaction closed on October 1, 2025, and financial terms were not disclosed. The acquisition expands World’s footprint in New Jersey and adds Jersey Coast’s coastal property and flood-risk insurance expertise.

IMA Financial Group, Inc. announced a strategic partnership with Valent Group, an Alabama-based insurance brokerage and subsidiary of EBSCO Industries, effective October 1, 2025. Valent Group will retain its local identity, leadership, and four Alabama offices while its employees join IMA, expanding IMA’s Southeast footprint and capabilities in property & casualty and employee benefits.

Balavant Insurance Group, a national managing general agency (MGA) platform, announced the acquisition of TIMBY Specialty Insurance Solutions, an inland marine program manager. TIMBY Specialty will join Balavant while continuing to operate under the TIMBY Specialty brand, with no expected disruption to brokers or product availability.

ALKEME Insurance announced the acquisition of Insurance Brokers of Arizona (IBOAZ), a full-service personal lines insurance agency headquartered in Gilbert, Arizona. The deal expands ALKEME’s personal lines presence in Arizona and strengthens its strategic footprint in the Southwest by adding a digitally forward independent agency.

Inszone Insurance Services acquired Arkansas Best Insurance Agency, Inc., a long-standing independent insurance agency founded in 1905 and based in Hot Springs, Arkansas, expanding Inszone’s presence into Arkansas. Arkansas Best will continue operating from its Hot Springs and Hot Springs Village offices, now supported by Inszone’s national platform and expanded carrier access.

ALKEME Insurance acquired Alliance Brokerage Corp., a New York-based property and casualty insurance agency. Headquartered in Melville, New York, Alliance adds commercial real estate and construction insurance and risk management expertise, strengthening ALKEME’s East Coast presence and supporting its national growth strategy.

Inszone Insurance Services acquired Head Insurance, an independent insurance agency based in Goldthwaite, Texas. The deal expands Inszone’s presence in the Texas market and continues its strategy of growth through partnerships with long-standing local agencies.

Amynta Group announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), has acquired Unemployment Services, Inc. (USI), an unemployment insurance cost control and administration services provider based in Michigan. The transaction terms were not disclosed, and USI founder and president Kent Downey will continue to lead the business as it integrates with FNP.

Inszone Insurance Services acquired Parker-Haskins Insurance, an independent insurance agency based in Dodge City, Kansas. The deal expands Inszone’s presence in Kansas and adds Parker-Haskins’ crop insurance expertise while maintaining local operations and staff continuity.

King Risk Partners acquired LH Griffith & Company, LLC, an independent insurance agency with offices in Walterboro and Goose Creek, South Carolina. The deal expands King Risk Partners’ presence in South Carolina and supports its broader Southeast growth strategy while maintaining LH Griffith’s client-first service model.

ALKEME Insurance announced the acquisition of Gotham Brokerage Co., a New York-based insurance agency specializing in real-estate-focused personal lines coverage for condos, co-ops, apartments and renters in Brooklyn and Manhattan. The deal expands ALKEME’s Northeast footprint and enhances its personal insurance capabilities in the high-value residential segment.

Inszone Insurance Services acquired Lexington Insurance Agency, an independent insurance agency based in Lexington, Kentucky, marking Inszone’s entry into the Kentucky market. Lexington Insurance Agency, founded in 1952 and led by owner Kevin O. Stinnett, will continue serving clients with the same local team while gaining access to Inszone’s broader carrier network, tools, and nationwide support.

Inszone Insurance Services acquired High Desert Insurance and Group, LLC, an independent insurance agency based in Bend, Oregon (doing business as High Desert Insurance and Financial Services). The acquisition expands Inszone’s presence in Oregon and adds High Desert’s personal lines and health insurance capabilities, while providing High Desert access to Inszone’s broader carrier network and national resources.

Arthur J. Gallagher & Co. acquired Bremer Insurance Agencies, Inc., a St. Paul, Minnesota-based property and casualty insurance broker. Bremer Insurance Agencies was a subsidiary of Old National Bancorp following Old National’s acquisition of Bremer Bank; financial terms were not disclosed.

EverPeak Insurance, a subsidiary of Pinnacol Assurance, acquired Method Insurance, a workers’ compensation managing general agent (MGA), to build a comprehensive national workers’ compensation solution for insurance brokers. The deal expands EverPeak’s national distribution footprint and integrates Method’s carrier and agency partner network with EverPeak’s underwriting and claims capabilities and the Attune digital platform.

JAB Insurance, the global insurance business of JAB Holding Company, completed the acquisition of Prosperity Life Group from Elliott Investment Management. Prosperity, which has nearly $30 billion in assets and about one million policyholders, will remain headquartered in New York and become a foundational part of JAB Insurance’s life and annuity platform.

Cresso Health, a technology-enabled sales and marketing solutions provider for U.S. health insurance carriers, acquired Florida-based GPS Insurance, a distributor of health insurance and related products. Cresso Health is backed by Cypress Ridge Capital, and the deal expands Cresso’s field presence and insurance distribution platform in the individual health plan market.