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.

has been acquired by

South & Western General Agency

Acted as exclusive financial advisor to South & Western General Agency, Inc. (South & Western), in its sale to Hull & Company, LLC, a subsidiary of Brown & Brown, Inc. Founded in 1974, South & Western is a managing general agency for retail insurance agents placing insurance for businesses and individuals primarily in Texas, Arkansas, Louisiana, Mississippi, Oklahoma, and Tennessee. The firm specializes in personal lines, farm and ranch/agribusiness, commercial transportation, and specialty commercial property and casualty insurance products. South & Western also offers insurance premium financing through S&W Premium Finance Company. Following the transaction, the South & Western team will continue doing business under the leadership of JJ Horan from their Addison, Texas and Memphis, Tennessee locations as a new stand-alone operation within Brown & Brown’s Wholesale Brokerage Segment.

has been acquired by

J.E. Brown & Associates

Acted as exclusive financial advisor to J.E. Brown & Associates Insurance Services, Inc. (J.E. Brown) in its sale to Hull & Company, LLC, a subsidiary of Brown & Brown, Inc. Founded in 1989, J.E. Brown is a managing general agency for retail insurance agents placing property and casualty insurance for businesses and individuals. The firm specializes in offering small business and personal lines property and casualty insurance products to customers in the western United States, primarily in California. Following the transaction, the J.E. Brown team will continue doing business under the leadership of Dave Brown and Wendy Heathorn from their Walnut Creek and Yorba Linda, California offices as a new stand-alone operation in Brown & Brown’s Wholesale Brokerage Segment.

has been acquired by

Clearwater Underwriters

Acted as exclusive financial advisor to Clearwater Underwriters (CUI), a surplus lines MGA based in Clearwater, FL, in its sale to Worldwide Facilities. Clearwater Underwriters was established in 1991 to provide a market for retail insurance agents in the placement of excess flood insurance coverage in the state of Florida. Since that time, the company has emerged as a competitive, trustworthy corporation with a diverse product line including flood, professional liability, personal and commercial lines. CUI is highly regarded among its partners and peers throughout the industry.

has been acquired by

Newport Insurance

Acted as exclusive financial advisor to Newport Insurance in its sale to Starkweather & Shepley.  Newport Insurance is a retail insurance agency serving both commercial and personal lines customers.  Following the acquisition, Newport Insurance and its 13 employees will continue to operate out of its Middletown, RI office.