Business Moves

March 10, 2025

Insurance Services of New England, ACORN Insurance Alliance Agencies
Regional independent agency network Insurance Services of New England (ISNE) expanded into Connecticut with eight additional agencies. The Connecticut agencies include Ahrens, Fuller, St. John & Vincent Insurance, Enfield; Allied Insurance Center, Bristol; Anderson-Meyer Insurance Inc., Glastonbury; Robert J. Evaristo & Associates Inc., Ellington; Lindquist Insurance Associates Inc., Farmington; Rose Insurance, Oxford; Sundel & Milford Inc., Waterbury; and Thomas Fahy Insurance Agency Inc., West Hartford. Before joining ISNE, the eight agencies were members of the former ACORN Insurance Alliance, which closed in January.

World Associates LLC, Grandview Brokerage LLC
World Insurance Associates LLC acquired the business of Grandview Brokerage LLC of Brooklyn, New York. Grandview provides commercial and personal insurance with specialties in healthcare, real estate and the jewel industry.

Segal, J.A. Mariano Agency
Segal, a leading benefits and human resources consulting firm, acquired a book of business from the J.A. Mariano Agency, a commercial insurance brokerage. This transaction augments Segalis established insurance brokerage practiceis capabilities as a retail insurance broker dedicated to addressing risks related to workplace, unions and benefit plans. Robert J. Eberle, Jr., joined Segal as an insurance consultant, and Robert J. Eberle, III, joined as an associate consultant.

Arthur J Gallagher & Co., Agilis Partners LLC, Dominick Falcone Agency, Inc., and Falcone Associates, Inc.
Global insurance broker Arthur J. Gallagher & Co. acquired Waltham, Massachusetts-based Agilis Partners LLC. Agilis is an investment and retirement plan consulting firm with offices in greater Boston, New York and Denver. Tom Cassara and his team will remain in their current locations under the direction of Jeff Leonard, Gallagheris Global Financial & Retirement Services Business leader. The Agilis acquisition follows Gallagheris acquisition of Syracuse, New York-based Dominick Falcone Agency, Inc., and Falcone Associates, Inc.

King Risk Partners, Kerr Agency Inc.
Florida-based insurance broker King Risk Partners acquired the Kerr Agency Inc., an independent insurance agency in Simsbury, Connecticut. The acquisition furthers King Risk Partnersi expansion across the Northeast. Kerr is Kingis fifth agency in Connecticut.

Trucordia, CADA Insurance Services
Trucordia acquired the insurance business of CADA Insurance Services, which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner. CADA Insurance offers auto, home, commercial, general liability and workersi compensation solutions.

Ryan Specialty, Velocity Risk Underwriters LLC
Specialty insurance provider Ryan Specialty acquired Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Velocity is a managing general underwriter (MGU) providing first-party insurance coverage for catastrophe-exposed properties. Velocity will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty.

HUB International Limited, Yavitz Insurance Group
HUB International Limited acquired the assets of Yavitz Insurance Group. Located in St. Louis, Missouri, Yavitz Insurance is a privately owned insurance agency providing comprehensive commercial and personal insurance solutions for individuals and businesses. Ken Yavitz, owner, and the Yavitz Insurance team will join HUB Kansas and Missouri. Yavitz Insurance will be referred to as Yavitz Insurance Group, a Hub International company.

HUB International Limited, Mayfield Insurance Inc.
HUB International acquired the assets of Mayfield Insurance Inc., based in Mooresville, Indiana. Dean Mayfield, President, and the Mayfield Insurance team will join Hub Midwest East. Mayfield Insurance will be referred to as Mayfield Insurance, a Hub International company.

King Risk Partners, Barker, Beck, Collins & Kronauge Agency
King Risk Partners acquired Barker, Beck, Collins & Kronauge Agency (BBC&K), an independent insurance firm in Dayton, Ohio. BBC&K was founded in founded in 1923. Malcolm King, CEO of King Risk Partners, said the acquisition reinforces the brokeris ability to provide top-tier service in the Midwest region.

Risk Strategies, Comprehensive Benefits, Inc., Gabrielson Insurance & Financial Services
Risk Strategies acquired Comprehensive Benefits Inc. and Gabrielson Insurance & Financial Services, located in Greater Detroit. The joint acquisition preserves an established working relationship between the two partner companies. Based in Southfield, Michigan, Comprehensive Benefits offers employee benefits services for fully insured and self-funded programs for organizations. Gabrielson Insurance & Financial Services has a complementary focus, offering services in its employee benefits work similar in scope to Comprehensive Benefits.

Crest Insurance, Horizon Insurance Services
Crest Insurance acquired Horizon Insurance Services, a full-service insurance agency based in Houston. The Horizon Trucking team, led by Ramon Canlas, is known for its expertise in commercial insurance and trucking and transportation services.

Inszone Insurance Services, Texas Classic Insurance Agency, Inc.
Inszone Insurance Services acquired Texas Classic Insurance Agency, Inc. Founded in 1991, Texas Classic Insurance Agency serves clients across the Dallas/Fort Worth area from Granbury and Liberty Hill locations. The Texas Classic Insurance team will continue to serve customers from their existing offices.

Trucordia, Boater’s Insurance Agency
Trucordia acquired the insurance business of Boater’s Insurance Agency in the San Francisco Bay Area. Boater’s Insurance Agency specializes in providing insurance services within the marine industry. The firm is licensed in 50 states.

World Insurance Associates LLC, Stern Insurance Group
World Insurance Associates LLC has acquired the business of Stern Insurance Group (SIG) in Scottsdale, Arizona. SIG was founded in 1987 by Daryl Stern and specializes in counseling corporations in employee benefits and risk management services. World Insurance Associates is headquartered in Iselin, New Jersey, and provides individuals and businesses with personal and commercial insurance, financial planning services and human capital management services.