Press Release

  Overview of Transaction INSURICA completed the acquisition of First Light Program Managers, a nationally scaled specialty MGA with deep underwriting expertise in trucking, transportation, and complex excess & surplus risks, in a transaction of historic scale for both organizations. Founded in 2007 by the late Anthony L. Johnson, First Light built a leading niche…

  Overview of Transaction Towerstone, Inc., a specialty wholesale insurance brokerage and managing general agency part of the IMA Financial Group family, completed the acquisition of Gremesco Corp., a Northeast-focused insurance solutions provider with deep surplus lines and specialty brokerage expertise. Founded in 1993 by Christopher Larson, Gremesco is known for customized risk placement and…

  Overview of Transaction Integrated Specialty Coverages (“ISC”), a multi-line managing general agent (MGA) known for its end-to-end insurance products and data-driven underwriting, has completed the acquisition of Specialty Brokerage Services LLC, a specialty insurance wholesaler based in Lewis Center, Ohio. Founded by Tricia Johnston and Brian Bowerman, Specialty Brokerage Services, led with deep expertise…

  Overview of Transaction Afore Insurance Services acquired Resolve Insurance Group, a Virginia-based specialty insurance brokerage with extensive expertise in marine, commercial, and specialty lines, giving Resolve a scaled national platform to boost its next growth phase. As part of the deal, Resolve’s founder and president, Christopher G. Burns, was appointed Senior Vice President and…

  Overview of Transaction Nevarez Insurance Agency, founded by Victor Nevarez in 1999, is a long-standing independent insurance agency with deep roots in its community, offering P&C and benefits products. The combination with Your Policy enhances client offerings and provides a platform for expanded growth and resources while maintaining NIA’s reputation for client service. After…

We are excited to share an exclusive recording from the Target Markets conference in Scottsdale, AZ, where Meg Green had an engaging discussion with Kevin Donoghue about the current state of the insurance mergers and acquisitions (M&A) market. They delve into the intricacies of the market and how recent trends have impacted valuation multiples. In…