Author: mysticcapital

HOUSTON INTERNATIONAL INSURANCE GROUP ANNOUNCES THE SALE OF SOUTHWEST RISK TO GCP CAPITAL PARTNERS HOUSTON – December 27, 2010 Houston International Insurance Group (HIIG) announced today the sale of its wholesale insurance broker subsidiary, Southwest Risk, LP (SWR), to New York based, private equity firm GCP Capital Partners LLC (GCP). This transaction closed immediately and…

Risk Strategies Company Completes Merger Of Cohn-Reid-O’Neill Insurance Services December 6, 2010 –Boston, MA — Risk Strategies Company (RSC), a national insurance brokerage and risk management firm based in Boston, today announced that it has successfully completed the merger of Cohn-Reid-O’Neill Insurance Services, Inc. (CRO) in Burlingame, CA with its West Coast operations. Focused on…

KBS International Corporation merges with Ice Group December 1, 2010 –New Rochelle, NY — Howard and Peter Schlactus and their team at KBS International Corp., along with Jeff Ice and his team, formerly with Oswald Logistics Insurance, have joined together to form Brightstone Insurance Services, LLC and the KBS-Ice Group. With agency offices in New…

Bollinger Inc. announces acquisition of David Szerlip and Associates Short Hills, NJ – (July 19, 2010) Bollinger, Inc. announces the acquisition of David Szerlip and Associates of Berkeley Heights, NJ. The firm specializes exclusively in property and casualty insurance programs for nonprofit organizations, ranging from large international nonprofits to small start-ups. David Szerlip will continue…

Brown & Brown, Inc. Announces the Asset Acquisition of Excel Underwriters Alliance, Inc. and Spirit Underwriters, Inc. DAYTONA BEACH, Mar 18, 2010 — Thomas E. Riley, Regional President of Brown & Brown, Inc. (NYSE: BRO), and David C. Wash, President of Excel Underwriters Alliance, Inc. and Spirit Underwriters, Inc., of Voorhees, New Jersey, today announced…

BENEFITMALL ACQUIRES NAS FINANCIAL SERVICES (Dallas – March 15, 2010) BenefitMall, one of the nation’s leading broker services companies, announced today that it has acquired NAS Financial Services, a General Agency that provides solutions for Group Health, Life and Disability clients. NAS Financial Services is a wholesale insurance agency assisting clients in the New Jersey,…

USI Holdings Corporation to Acquire Offices of National City Insurance Group in the States of Ohio, Kentucky, and Missouri BRIARCLIFF MANOR, N.Y., February 19, 2010 – USI Holdings Corporation (“USI”), announced today that it has signed a definitive agreement to acquire the retail employee benefit insurance brokerage offices in the states of Ohio, Kentucky, and…

For Immediate Release Target Markets Program Administrators Association Wilmington, DE January 2010 Breckenridge Insurance Services partners with the TMPAA The Target Markets Program Administrators announced the creation of a strategic partnership with Breckenridge Insurance Services “Since its inception in October of 2001, the TMPAA has partnered with the best Program Administrators, Carriers and Vendors to…

Marsh & McLennan Agency LLC acquires The NIA Group, LLC Dec 21, 2009 –NEW YORK–Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., today announced it has acquired The NIA Group, LLC, one of the largest independent insurance agencies in the Northeast and the 34th largest agency in the U.S., and its…

FOR IMMEDIATE RELEASE James Nash Joins Mystic Capital’s Investment Banking Team New York (Dec. 15, 2009) – Mystic Capital Advisors Group, LLC is pleased to announce its newest associate, James Nash, who joins Mystic Capital as Vice President. Nash comes to Mystic Capital with a wealth of relevant experience that’s the perfect fit for this…