Author: mysticcapital

Assurance Investment Partners Purchases Arison Insurance Services from Anthem Blue Cross and Blue Shield LOUISVILLE, Ky., July 1, 2008 — Arison Insurance Services, Inc., has been sold to Assurance Investment Partners (AIP). Previously an affiliate of Anthem Blue Cross and Blue Shield in Kentucky, Arison has six offices across Kentucky and sells medical, dental, life…

The NIA Group Acquires Taylor Financial Insurance Agency PARAMUS, N.J.– JUNE 17, 2008 — Insurance brokerage firm The NIA Group, LLC is pleased to announce that it has acquired Jacksonville, Florida insurance agency, Taylor Financial, effective June 1, 2008. The acquisition marks NIA’s third agency purchase in the Sunshine State. NIA currently operates offices in…

Brown & Brown, Inc. announces the asset acquisition of HBA Insurance Group Inc. DAYTONA BEACH, FL –Jun 9, 2008 — Thomas E. Riley, Regional President of Brown & Brown, Inc. (NYSE:BRO – News), William E. “Bill” Beckham, President, and Ernesto T. “Tito” Freyre, Jr., Chairman of HBA Insurance Group, Inc. of Miami, Florida, today announced…

Brown & Brown, Inc. Announces Asset Acquisition of Dill, Joyce & Thresher and Edward J. Kernan Agency DAYTONA BEACH, FL and TAMPA, FL, Jun 06, 2008 — J. Scott Penny, Regional Executive Vice President of Brown & Brown, Inc. (NYSE: BRO), and Paul H. Mikkelson, Jr. and Robert F. “Bob” Eilers, Jr., principals of Dill,…

Evercore Toasts Bollinger May 16, 2008; Evercore Capital Partners has bought a majority stake in insurance broker Bollinger in a deal valued at $250 million, The Daily Deal reported citing unnamed sources. Bollinger provides commercial insurance and benefits to medium-sized businesses and to public sector organizations. It also supplies specialty insurance programs to amateur sports…

FOR IMMEDIATE RELEASE Rocky Mountain-Based Insurance Pro Joins Mystic Capital New York (March 26, 2008) – As Mystic Capital Advisors Group, LLC continues to grow, the investment banking firm is delighted to announce the newest member of its team: Stan Moore. An insurance expert with nearly 35 years of industry experience, Moore joins Mystic Capital…

HUB INTERNATIONAL ACQUIRES FLYNN INSURANCE Forms One of the Largest Insurance Agencies in the Northern Mountain Region March 10, 2008 – Hub International Limited announced today that Hub International Mountain States Limited (HUB Mountain States) has acquired Flynn Insurance Agency (Flynn), a Montana agency with annual revenues of $6,000,000. Both Flynn and Hub Mountain States…

FOR IMMEDIATE RELEASE Former Zurich Senior Executive Joins Mystic Capital New York (Feb. 27, 2008) – Mystic Capital Advisors Group, LLC is thrilled to announce the addition of insurance industry dynamo Barry J. Gilway to its investment banking group. The former Zurich executive brings more than 37 years of insurance expertise to his new role…

HUB INTERNATIONAL ACQUIRES SCHEER’S, INC. Deal Creates New HUB with Surety Expertise CHICAGO, IL – February 4, 2008: Hub International Limited announced today that it has acquired Scheer’s, Inc. (Scheer’s), one of the largest privately-owned retail insurance brokerages in the United States specializing in surety bonds. Scheer’s, which is headquartered in the Chicago suburb of…

Crosby Benefit Systems Expands Group Insurance Opportunities Through Partnership With Thorbahn Associates BOSTON, MA–(Marketwire – January 15, 2008) – Crosby Benefit Systems (www.crosbybenefits.com), a leading provider of health and welfare outsourcing and insurance brokerage services, announced today that its Insurance Division has been acquired by Thorbahn Associates. “This transaction will allow us to accelerate the…