Author: mysticcapital

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…

Padgett-Young merges with The Buren Insurance Group October 1, 2009 – Padgett-Young & Associates has merged with The Buren Insurance Group. The merger adds new markets, products and increased expertise to both insurance agencies. As a result of the merger, Padgett-Young & Associates will expand from two to four locations including, Ashland, Lodi, Wadsworth and…

IRONSHORE PARTNERS WITH ROCKWOOD PROGRAMS TO ACQUIRE WRIGHT & CO. Hamilton, Bermuda, July 6, 2009 – Ironshore Inc. announced today that its wholly owned subsidiary, Ironshore Holdings (U.S.) Inc., and Rockwood Programs Holdings Inc. have entered into an agreement with Special Agents Mutual Benefit Association to acquire all of the issued and outstanding capital shares…

Bollinger Acquires Gail Steinberg & Co., Inc. May 8, 2008 – Short Hills, NJ — Bollinger, Inc. announces the acquisition of Gail Steinberg & Co., Inc. (GSC) of New York, NY. Gail Steinberg, President and CEO, will join Bollinger as a Senior Vice President. GSC was founded in 1990 by Ms. Steinberg to provide employee…

Allegacy Service acquires Estate and Business Insurance Services Apr 8, 2009- Winston-Salem, NC: Allegacy Services has acquired Estate and Business Insurance Services and merged it into its JBA Benefits unit, according to an announcement. Allegacy Services is a subsidiary of Allegacy Federal Credit Union, based in WinstonSalem. Estate and Business is also located in Winston-Salem….

Penn Millers divests Eastern Insurance Group February 2, 2009 — Penn Millers has completed the sale of its insurance agency operation to Eastern Insurance Acquisition Group, a local investment group. The sale was part of Penn Millersí strategy to concentrate on underwriting property/casualty insurance for Agribusiness and Commercial Business customers. Eastern Insurance Group (EIG) is…