has been acquired by
Bafumi Insurance Agency
Acted as exclusive financial advisor to Bafumi Insurance Agency (Bafumi). Based in Middletown, CT, Bafumi provides property and casualty insurance and life and health insurance services throughout the state of Connecticut.
"Our goal is to educate our clients on the best options for their insurance needs," says Guido Bafumi, President, Bafumi Insurance. "We are dedicated to providing the best coverage at competitive rates. As part of World, we have access to additional products and services to meet the needs of our customers. We are excited to join the World team."
"On behalf of the World family, I'd like to welcome Bafumi," says Rich Eknoian, CEO and Co-Founder of World. "Bafumi brings an experienced team to World, and I know they will continue to grow and be successful."
has been acquired by
M.S. Peltier Insurance Services
Acted as exclusive financial advisor to M.S. Peltier Insurance Services (Peltier) on its sale to Choice Financial Group (CFG). Based in Boston, MA and founded over 20 years ago, Peltier is known for its expertise in construction, real estate, and transportation risk management. Peltier serves commercial clients across New England, including general contractors, environmental firms, marine operators, apartment owners, and trucking companies. The agency is recognized for its focused approach to risk analysis, claims management, and safety consulting for complex commercial exposures.
has announced
sponsored demutualization
and acquisition by
sponsored demutualization
and acquisition by
Everett Cash Mutual Insurance Co. and Affiliated Companies
Acted as exclusive financial advisor to Everett Cash Mutual Insurance Co. and affiliated companies (ECM) on the announced sponsored demutualization and sale to Old Republic International Corporation (NYSE: ORI). ECM is a leading insurer of small farmowners and select commercial agricultural operations. Headquartered in Everett, PA and operating in 48 states and the District of Columbia, ECM wrote $237 million of direct written premium in 2024, and has a long-term track record of profitable growth.
Commenting on the transaction, Old Republic President & CEO, Craig R. Smiddy, said, "With ECM's 'narrow & deep' expertise in the farmowners and commercial agricultural market and their commitment to underwriting excellence, there is a strong strategic and cultural fit with ORI's portfolio of specialty companies. We welcome Randy Shaw, his team, and his customers to Old Republic and look forward to sustained profitable growth." Randy Shaw, ECM's President & CEO noted, "After 112 years, ECM has found a partner in Old Republic that shares our culture of underwriting excellence. With the combined financial and operational resources available to us, we can continue to pursue our mission of becoming the preeminent farmowners carrier in the country."
has been acquired by
Jacob J Katz & Company
Acted as exclusive financial advisor to Jacob J Katz & Company (JJK) in its sale to Marshall+Sterling. Headquartered in Rockland County, NY, JJK is a trusted, family‑owned, full‑service insurance agency serving clients nationwide since 1937. JJK will bring over 85 years of service, a multi-generational legacy, and a reputation for tailored client attention across business and personal lines.
has been acquired by
J.M. Wilson
Acted as exclusive financial advisor to J.M. Wilson Corporation (JM Wilson) in its sale to Ryan Specialty. Founded in 1920, JM Wilson has six offices throughout the United States.
The business has a broad offering, including products ranging from personal lines to surety and is particularly well known for their transportation expertise. JM Wilson’s success in the difficult class of transportation is a result of the business’ historical underwriting profitability, which has allowed JM Wilson to maintain multi-decade relationships with high quality carriers.
JM Wilson generated approximately $19 million of operating revenue for the 12 months ended January 31, 2025.
has been acquired by
Market Finders, Inc.
Acted as exclusive financial advisor to Market Finders, Inc. (MFI) in its sale to Monarch E&S Insurance Services (Monarch), a division of Specialty Program Group LLC (SPG). Founded in 1971, Market Finders is a respected managing general agent and wholesale broker headquartered in Albuquerque, New Mexico. Market Finders has a long-standing reputation as the go-to MGA in New Mexico. With access to more than 30 markets (many on a binding authority basis), MFI specializes in both personal and commercial lines, including transportation risks.
Led by President Steve Shaffer, the company has built a strong network of retail agents and is known for its ease of doing business and commitment to client relationships.
