Business Moves
The Northern United Agents Alliance (NUAA) of Concord, N.H., has announced that G&A Insurance of Dover, N.H., has joined the NUAA as a participating member, and The Richards Group of Brattleboro, Vermont, has joined as a founder level partner.
G&A Insurance is a locally-owned, full-service agency that was formed in April 2011. The team of agents at G&A has been providing customer service and insurance for more than 35 years.
As a third-generation family business, The Richards Group has provided local insurance, employee benefits and retirement plan solutions to clients throughout Vermont, New Hampshire and Massachusetts since 1867. The firm employs roughly 120 professionals throughout its 11 offices and serves more than 20,000 clients.
The Northern United Agents Alliance is an alliance of independent insurance agents in New Hampshire, Massachusetts and Vermont dedicated to providing client service through the group’s relationships with its insurance carrier partners. The NUAA partnership was formed in 2011 by four independent insurance agencies and has grown to include 14 agencies.
Element Risk Management, a West Chester, Pa., headquartered, privately held insurance firm, has finalized the acquisition of Russell Insurance Agency Inc., based in Front Royal, Va.
The acquisition will be Element Risk’s first in the Commonwealth of Virginia and will serve to strengthen its footprint in the Mid-Atlantic region of the U.S. It also serves as the firm’s second acquisition this year.
“Northern Virginia is seeing tremendous growth right now, so this acquisition is in line with our goals of growing both through acquisition and organically,” Josh Heebner, partner at Element Risk Management, said in a company press release. “Front Royal should be seeing this type of growth over the next few decades.”
Russell Insurance will continue operations in its current location. All staff has been retained.
Hylant, based in Toledo, Ohio, has entered into a strategic partnership with Pinkney-Perry Insurance Agency Inc., one of the oldest and largest minority-owned insurance agencies in Ohio, and Camryn Insurance Service LLC, a wholly owned subsidiary of Comer Holdings LLC in Detroit, Mich.
Through this partnership, the companies will continue to meet the insurance and risk management needs of companies across the United States, including those that value minority business enterprise spend considerations.
Since its beginning in 1961, Pinkney-Perry has been a 100 percent minority-owned and -operated insurance and financial services company. Incorporated in Ohio in 1965, it is the oldest and largest minority-owned insurance agency in the state. From its humble beginnings as a writer of primarily homeowners, auto and life insurance, Pinkney-Perry has evolved to one of Ohio’s premier business insurance agencies.
Camryn Insurance Services LLC was formed in 2013 as a property and casualty agency with headquarters in Southfield, Mich. Camryn is one of a group of companies owned by Comer Holdings LLC.
Hylant was founded in 1935 and is a full-service insurance brokerage with 14 offices in Ohio, Michigan, Illinois, Indiana, Tennessee and Florida. As a member of the Worldwide Broker Network, Hylant offers complete risk management services, employee benefits brokerage and consultation, loss control, healthcare management and insurance solutions for businesses and individuals.
Charles Taylor plc has agreed to acquire Metro Risk Management LLC, a Southern California-based third-party claims administrator, from Nautilus International Holding Corp.
Terms of the deal were not disclosed.
MRM provides state and federal workers’ compensation claims administration services to self-insured clients and insurers.
Charles Taylor is a public company quoted on the London Stock Exchange.
Arthur J. Gallagher & Co. subsidiary, Gallagher Bassett Services Inc., has acquired National Transportation Adjusters Inc. in Scottsdale, Ariz.
Terms of the deal were not disclosed.
Keith Dunlap and his associates at National Transportation Adjusters will continue to operate from their current location under the direction of Scott R. Hudson, president and CEO of Gallagher Bassett Services.