Insurance technology firm Applied Systems has agreed to acquire EZLynx, an agency management system vendor and pioneer in real-time comparative rating . Applied said the acquisition is complementary and will expand its portfolio of agency management and rating technologies for …
First MainStreet Insurance (FMSI), an affiliate of TrueNorth Companies, has acquired two Iowa-based agencies: Nissen-Caven Insurance and Tyler Insurance Services. Nissen-Caven Insurance joined FMSI on Nov. 1, 2020. Since 1925, Nissen-Caven has been providing quality insurance products to the people …
Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses’ insurance needs. The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to match, quote and bind policies from a range …
The Hilb Group, LLC (THG) has acquired North Carolina-based Dwayne Wilson Insurance & Financial Services, Inc. (DWI). The transaction became effective on Dec. 31, 2020. DWI is a full-service life and health (L&H) agency, providing a range of insurance products …
NFP, a New York-based insurance broker and consultant, announced the acquisition of EdgeHill Insurance Brokers Ltd., in a transaction that closed on Dec. 16, 2020. Financial details of the acquisition were not disclosed. EdgeHill, a P/C brokerage firm based in …
Berkshire Hathaway GUARD Insurance Companies has added Georgia and Utah to the list of states where the insurer offers its homeowners product. With these additions, the company now offers its personal lines products in 22 states with plans for further …
Insurance brokerage World Insurance Associates LLC (WIA) has acquired J.W. Edens & Co., Inc. (JWE) of Titusville, Fla. on Dec. 31, 2020. Terms of the transaction were not disclosed. Founded in 1997, J.W. Edens & Company is a retail insurance …
After extending the moratorium on cancellations and nonrenewals put into place at the start of the pandemic, Citizens Property Insurance Corp. has announced it will resume processing these as of Feb. 1, 2021. The Florida insurer of last resort said …
Assicurazioni Generali SpA Chief Executive Officer Philippe Donnet is seeking to overhaul the top ranks at Italy’s largest insurer to increase control on key businesses and speed up growth, according to people with knowledge of the matter. The CEO, whose …
Lloyd’s announced it has received regulatory approval to set up a new multi-insurance special purpose vehicle, which aims to attract new forms of capital. A key milestone for the Future at Lloyd’s strategy, the new platform will make it easier …