Rowley Agency

has been acquired by

The Rowley Agency, LLC

Acted as exclusive financial advisor to The Rowley Agency, LLC (Rowley) in its sale to Arthur J. Gallagher & Co. (Gallagher). Headquartered in Concord, New Hampshire, Rowley is one of the largest independent insurance agencies in New England, providing property/casualty, surety and employee benefits products to commercial and personal lines clients primarily in New Hampshire, Vermont, Maine and Massachusetts from the Company’s four office locations. Dan Church, Gary Stevens and their team will remain in their current location under the direction of Brendan Gallagher, head of Gallagher's Northeast region retail property/casualty brokerage operations, and John Neumaier, head of Gallagher's East region employee benefits consulting and brokerage operations.

has been acquired by

Employee Benefit Services of Maryland (EBS)

Acted as exclusive advisor to Employee Benefit Services of Maryland (EBS) in its sale to RCM&D, A Unison Risk Advisors Company. EBS is one of the fastest growing benefits firms in the mid-Atlantic region. EBS is a Baltimore-based firm, founded in 2012, offering employee benefits services and innovative product offerings. EBS colleagues will continue to serve their clients offering the expanded resources of RCM&D including property & casualty, retirement plan services, life insurance, RCM&D’s Self-Insured Services Company (SISCO) and more.

has been acquired by

Hamond Safety Management, LLC

Acted as exclusive advisor to Hamond Safety Management, LLC (Hamond) in its sale to World Insurance Associates (World). Headquartered in Syosset, NY, Hamond is a safety group manager that specializes in workers’ compensation for the woodworking, construction and plumbing/heating/cooling industries. Hamond also insures and services lumberyards and building material dealers.

Greenberg Rhein & Margolis Logo

has been acquired by

Cross Insurance Logo

Greenberg Rhein & Margolis, Inc.

Acted as exclusive advisor to Greenberg Rhein & Margolis in its sale to Cross Insurance.

No press release has been issued for this transaction.

have been acquired by

 

Southern Trust Insurance Company and Southern Specialty Underwriters

Acted as exclusive financial advisor to Southern Trust Insurance Company and Southern Specialty Underwriters (collectively “Southern Trust”). Headquartered in Macon, GA, Southern Trust, a provider of reliable coverage across the Southeast for over 50 years, announced the signing of a definitive agreement for a partnership with Arbour National. The significant investment will support the continued growth of Southern Trust, reinforcing its commitment to independent agents and policyholders across the Southeast.

As part of the agreement, Southern Trust will continue to operate independently in Macon, GA, led by Mr. Cole, who will remain a significant shareholder and board member. Founder Billy Anderson, who started the organization 55 years ago, will also continue as a board member and shareholder ensuring continuity of the company's unique culture. Arbour National will become the majority owner of both Southern Trust Insurance Company and Southern Specialty Underwriters, with Cole and Anderson as key partners. To support continued expansion and hiring, at closing Arbour National will contribute an additional $20 million to Southern Trust's surplus.

has been acquired by

 

Mogil Organization, LLC

Acted as exclusive financial advisor to Mogil Organization, LLC (Mogil) in its sale to World Insurance Associates (World). Headquartered in New York City, Mogil has offered corporate and personal insurance products to a wide range of businesses and families since 1957. Mogil also provides financial planning tools to clients.

has acquired

JTR Insurance Agency, Inc.

Acted as exclusive advisor to JTR Insurance Agency in its acquisition of Capital Sierra Insurance Services of El Dorado, California.

 

No press release has been issued for this transaction.

North East Coverage Logo

has been acquired by

Acrisure Logo

Northeast Coverages, Inc.

Based in Garden City, NY, Northeast Coverages is a wholesale broker and MGA that writes business throughout the U.S. With access to a wide variety of markets, including both admitted and non-admitted companies, Northeast Coverages is an invaluable partner for its retail broker clients. PhiloSmith acted as Northeast Coverages’ financial advisor in the transaction.

has been acquired by

Venture Agency Holdings, Inc.

Acted as exclusive financial advisor to Venture Agency Holdings, Inc. (“Venture”) in its sale to Whitetail Insurance Services, LLC. Founded in 2013, Venture provides customized property and casualty insurance to Security Guards, Private Investigators and Alarm Contractors. Available exclusively to agency partners with deep industry knowledge, Venture offers the expertise, service and commitment that has made the company a preferred national partner. This allows Venture to have a deep understanding of the unique insurance needs of employers and their teams.

has been acquired by

C&M First Services, Inc

Acted as exclusive financial advisor to C&M First Services, Inc. (C&M) in its sale to One80 Intermediaries. Established in 1989 and based in New York City, C&M is a full-service brokerage firm that provides commercial and personal lines insurance to Asian American retail brokers throughout the United States. C&M is one of the largest Asian American owned insurance agencies in the United States. The firm provides innovative insurance solutions that are designed for clients with diverse backgrounds and unique requirements. The C&M team is multi-cultured and multi-lingual, ensuring brokers receive tailored solutions and market leading customer service.