has been acquired by

The Shepherd Agency, LLC

Acted as exclusive financial advisor to The Shepherd Agency, LLC in its sale to Assured Partners. Headquartered in Fort Washington, PA, The Shepherd Agency, LLC is a surety bond-only agency that specializes in providing surety bonds to the construction industry. Shepherd has served as one of the largest Contract Surety bond agents in the Philadelphia / Delaware Valley marketplace for over 50 years. The team of ten will remain under the current operational leadership of Rick Shepherd.

has been acquired by

Delta General Insurance Agency

Acted as exclusive financial advisor to Delta General Agency Corporation in its sale to Jencap Group. Founded in 1959 and based in Houston, Texas, Delta General is a full-service specialty wholesale brokerage and managing general agency. Delta was formed over 60 years ago to provide Texas retail producers access to specialized insurance facilities, and their capabilities grew from there. Delta General is a wholesale intermediary for approximately 50 admitted and non-admitted special risk carriers.

has been acquired by

Cameron M. Wilson & Associates

Acted as exclusive financial advisor to Cameron M. Wilson & Associates in its sale to The McGowan Companies. Cameron M. Wilson is a program administrator and wholesale insurance broker that specializes in the underwriting and placement of Marine, Inland Marine, Habitational, and Miscellaneous E&S risks. After the transaction, the staff of Cameron M. Wilson will remain in place, led by Robert Carder, Director and Program Manager. All of Cameron M. Wilson's brokers will receive automatic, initial appointments with McGowan and its full range of products and capabilities. Coverage is available in all 50 states and Washington, D.C.

 

 

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have been acquired

Granada Insurance Company and GIC Underwriters

Acted as exclusive financial advisor to Granada Insurance Company and GIC Underwriters in their sale to an Investor Group. Granada Insurance Company is a Florida domiciled underwriter and GIC Underwriters is a licensed surplus lines agency and managing general agent, offering a broad suite of commercial products (together, the “Companies”). The Companies specialize in underwriting and distributing selected commercial insurance products catered to a targeted network of retail agencies across Florida and the southern U.S., with unmatched expertise in the growing Hispanic market. With a 35-year track record, the Companies have built a strong reputation through their commercial non-property focus.

has been acquired by

SeaCoast Underwriters, Inc.

Acted as exclusive financial advisor to SeaCoast Underwriters, Inc. in its sale to Arthur J. Gallagher & Co. Founded in 1996 by R.C. Chaffin, SeaCoast Underwriters is a wholesale specialist that serves as a managing general agency (MGA) with binding authority, as well as a surplus lines broker, for a wide variety of admitted and non-admitted insurers. The company specializes in commercial property & casualty, flood & excess flood, personal lines, and transportation & garage risks, primarily across Florida and in 13 other states. Shawn Chaffin and his associates will continue to operate from their Lake Mary location, under the direction of Laura Allen, head of RPS's Southeast region binding operations.

has been acquired by

Russell Bond & Co.

Acted as exclusive financial advisor to Russell Bond & Co. in its sale to Jencap Group. Founded in 1950 and based in Buffalo, NY, Russell Bond is a full-service MGA and wholesale broker that underwrites and distributes a wide array of commercial property & casualty products for over 100 markets. Russell Bond’s services include admitted and non-admitted risk offerings, specialized underwriting, claims management, online automation and financing.

has been acquired by

Baldwin Insurance Agency, Inc. and
Welsh & Parker Insurance Agency, Inc.

Acted as exclusive financial advisor to Wayland, Massachusetts-based Baldwin Insurance Agency, Inc. & Welsh & Parker Insurance Agency, Inc. (“Baldwin | Welsh & Parker”) in its sale to AssuredPartners, Inc. The team of 27 will remain under the leadership of Baldwin | Welsh & Parker’s President, David D’Orlando, and Vice President, Steven Joyce. Since 1865, Baldwin | Welsh & Parker has been staffed by proven professionals committed to serving the insurance needs of all of their customers

has been acquired by

A. J. Benet, Inc.

Acted as exclusive financial advisor to A. J. Benet, Inc. in its sale to Cross Insurance, a subsidiary of Cross Financial Corp. A. J. Benet, Inc., based in Mamaroneck, New York. Founded in 1964, A. J. Benet is a boutique retail insurance agency focused on the high net worth personal lines P&C market. Through A. J. Benet’s commitment to building long-lasting relationships with clients, dedication to customer service, and reputation in the community, A. J. Benet has built a loyal customer base centered around high net worth individuals, having focused on this segment for many years.

has been acquired by

Leon Silver Associates, LLC

Acted as exclusive financial advisor to Leon Silver Associates, LLC, in its sale to Bridge Specialty Group, LLC, a subsidiary of Brown & Brown, Inc. Based in Metuchen, New Jersey, Leon Silver is a wholesale broker offering commercial and personal lines property and casualty insurance products through its network of retail agents in New York, New Jersey, Pennsylvania, Florida, Connecticut, and Delaware. The firm was founded by Michael and Shari Silver’s father, Leon G. Silver, and has roots dating back to 1971. Following the transaction, the Leon Silver operations will become part of Bridge Specialty Group’s “Morstan General Agency” office (Morstan). The combined operations will do business from Morstan’s Woodbridge, New Jersey location under the leadership of Tommy Rhodes, who, together with Bridge Specialty Group’s Executive Vice President, Kathy Colangelo, has oversight responsibility for Morstan.

has been acquired by

Andrews Benefits, LLC

Acted as exclusive financial advisor to Andrews Benefits, LLC, in its sale to The Hilb Group, LLC. Andrews Benefits is an employee benefits agency, providing unique strategies and long-term solutions for clients in a variety of industries. As a part of the transaction, Christine and Peter Andrews and their team will join the Hilb New England region.