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All Content Copyright 2019 - Sica | Fletcher LLC | 21 Green Avenue | Amityville, NY 11701

M&A Insurance Industry Announcements

Sica | Fletcher details their successful advisory on insurance mergers and acquisitions, for since their inception, they have advised on many of the most notable insurance acquisitions in the industry.

10/10/2019: Sica | Fletcher guides the Thomas McGee Group in its sale to Risk Strategies Company, a top 20 National Insurance Broker. More Info >>

 

10/10/2019: Sica | Fletcher advises LCIA Inc. aka Campisano Insurance Company, Inc. in its sale to The Hilb Group, a top 30 National Insurance Broker. More Info >>

 

10/10/2019: Sica | Fletcher advises New Agency Partners in its sale to The Hilb Group, a top 30 National Insurance Broker. More Info >>

 

10/10/2019: Sica | Fletcher advises Avanti Associates in its sale to The Hilb Group, a top 30 National Insurance Broker. More Info >>

 

10/2/2019: Sica | Fletcher guides Boston-based Comprehensive Benefit Advisors (CBA) in its sale to Alera Group. More Info >>

10/1/2019: Sica | Fletcher guides Kentucky-based Griffith-Catlett-Hampton, Inc. (GCH) in its sale to Acrisure, a top 10 National Insurance Broker. More Info >>

9/30/2019: Sica | Fletcher leads Powderhorn Agency in its sale to Assured Partners, one of the fastest growing independent brokers in the nation. More Info >>

9/29/2019: Sica | Fletcher guides Shewchuck Insurance Agency in its sale to Acrisure, a top 10 National Insurance Broker. More Info >>

 

9/9/2019: Sica | Fletcher guides Regency Insurance Brokerage Services in its sale New York-based USI. More Info >>

8/22/2019: Sica | Fletcher leads Florida-based CKP Insurance in its sale to Brown & Brown (NYSE:BRO). More Info>>

8/12/2019: Sica | Fletcher guides leading Florida-based National Insurance Consulting Group in its sale to Risk Strategies. More Info>>

8/9/2019: Sica | Fletcher leads California-based Risk Management Advisors in its sale to Risk Strategies, a top 20 National Insurance Broker. More Info>>

8/7/2019: Sica | Fletcher guides leading Pennsylvania-based Greenwald Berk Agency in its sale to the Hilb Group, a top 30 insurance agency. More Info>>

6/5/2019: Sica | Fletcher leads Mississippi-based Fiser Insurance in its sale to Acrisure. More Info>>

 

4/8/2019: Sica | Fletcher leads one of the largest privately held agencies in NY, the Broadfield Group, in its sale to Peter C. Foy & Associates. More Info>>

4/8/2019: Sica | Fletcher guides leading California-based Grosslight Insurance, Inc. in its sale to Peter C. Foy & Associates Insurance Services. More Info>>

4/8/2019: Sica | Fletcher advises leading benefits provider, eBenefits Group Northeast LLC, in its sale to Hilb Group. More Info>>

 

3/21/2019: Sica | Fletcher guides Florida-based Lykes Insurance Agency in its sale to Baldwin Risk Partners. More Info>>

 

3/5/2019: Sica | Fletcher guides top New England-based Marsh-Kemp Insurance Agency in its sale to Hilb Group. More Info>>

3/4/2019: Sica | Fletcher advises New York-based Whitmore Group in its sale to Acrisure. More Info>>

3/1/2019: Sica | Fletcher counsels leading California-based Dohrmann Insurance Agency in its sale to Alera Group. More Info>>

1/14/2019: According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2018 in terms of total deals advised on. 

12/31/2018: Sica | Fletcher advises Hays Companies on its sale to Brown & Brown (NYSE: BRO).  The deal for the Minnesota-based insurance broker with $200 million in revenues marks the largest acquisition ever by Brown & Brown in its 75-year history.  More Info>> 

12/31/2018: Sica | Fletcher advises Texas based American Casualty Insurance Agency in its sale to Acrisure.  More Info>>

12/7/2018: Sica | Fletcher advises Massachusetts based Bruce Crohn, LLC in its sale to Hilb Group.  More Info>>

 

12/7/2018: Sica | Fletcher advises Massachusetts based Mackintire Insurance Agency in its sale to Hilb Group.  More Info>>

12/3/2018: Sica | Fletcher advises Indiana based United Health Actuarial Services in its sale to Risk Strategies.  More Info>>

11/9/2018: Sica | Fletcher advises New Jersey based Amato Insurance Agency in its sale to World Insurance Associates.  More Info>>

 

11/2/2018: Sica | Fletcher advises NJ based CRISP Advisors in its sale to Alera Group.  More Info>>

 

11/2/2018: Sica | Fletcher advises Kansas based Brier Payne Meade Insurance in its sale to Acrisure.  More Info>>

 

10/12/2018: Sica | Fletcher advises NJ based Eastern Insurors in its sale to Acrisure.  More Info>>

 

10/5/2018: Sica | Fletcher advises Maryland based Arkin Youngentob Associates in its sale to Risk Strategies.  More Info>>

 

8/14/2018: Sica | Fletcher advises Michigan based Insurance Advisors, Inc. in its sale to to Acrisure.  More Info>>

 

8/14/2018: Sica | Fletcher advises Maryland based Oxford Risk Management Group in its sale to Risk Strategies.  More Info>>

7/2/2018: Sica | Fletcher advises NJ based U.S. Employee Benefits Services in its acquisition of BenTec Workplace Solutions.  

 

6/15/2018: Sica | Fletcher advises NY based, TCE Insurance, in its sale to Acrisure.  More Info>>

6/4/2018: Sica | Fletcher advises Risk Strategies in its acquistion of Ohio based Cincinnati Intermediaries.

 

6/1/2018:  Sica | Fletcher advises leading Massachusetts based employee benefits broker, CBG Benefits, in its sale to Risk Strategies.  More Info>>

06/1/2018:  Sica | Fletcher advises NYC based, Bentson Insurance Group in its sale to the Hilb Group.  More Info>>

05/1/2018: Leading Southern California P&C Broker, Bozzuto & Co. sells to Acrisure.  Sica | Fletcher acts as exclusice financial advisor in the transaction.  More Info>>

5/1/2018: Sica | Fletcher advises Alera Group on its acquisition of Oklahoma based Benefit Plan Strategies.

5/1/2018: Sica | Fletcher advises Alera Group on its acquisition of California based Dickerson Employee Benefits.

5/1/2018: Sica | Fletcher advises Corporate Benefits Audits in its sale to Risk Strategies.  More Info>>

4/1/2018: Sica | Fletcher advises Acrisure on its acquisition of Arizona based Beal Benefit Solutions.

4/1/2018: Sica | Fletcher advises Acrisure on its acquisition of Hawaii based Monarch Insurance Services.

4/1/2018: Sica | Fletcher advises World Insurance Associates on its merger with Ohio based Cailor Fleming Insurance.

3/1/2018: Sica | Fletcher advises Acrisure in its acquisition of New Jersey based A. DiMeglio Associates.

3/1/2018: Sica | Fletcher advises Acrisure in its acquisition of Ohio based Leverity Insurance Solutions.

3/1/2018: Sica | Fletcher advises World Insurance Associates in its acquisition of Pennsylvania based Edward R. Bluestein & Associates.

 

2/7/2018: Sica | Fletcher advises FIRM, Inc. in its sale to Alera Group.  More Info>>

 

2/5/2018: Sica | Fletcher advises HR Benefit Advisors in its sale to Alera Group.  More Info>>

 

2/1/2018: Sica | Fletcher advises Acrisure in its acquisition of California based J.S. Tucker Insurance.

2/1/2018: Sica | Fletcher advises Acrisure in its acquisition of Michigan based RGS Limited.

2/1/2018: Sica | Fletcher advises Alera Group in its acquisition of Washington and Alaska based Wilson Albers & Company.

1/23/2018: Sica | Fletcher advises leading Ohio employee benefits broker Benefits Network Insurance Agency in its sale to Risk Strategies.  More Info>>

11/8/2017: Sica | Fletcher advises leading Maryland surety broker Delmarva Surety in its sale to Risk Strategies.  More Info>>

 

11/3/2017:  Sica | Fletcher advises wholesale insurance broker Demetriou General Agency in its sale to Acrisure More Info >>

10/18/2017:  Sica | Fletcher advises leading supplemental insurance and voluntary benefits broker, JMA Associates in its sales to Acrisure.  More Info>>

 

10/7/2017:  Hub International Acquires North Carolina-Based Banyan Consulting Group.  Sica | Fletcher acts as financial advisor to Hub International. More Info >>

9/15/2017:  U.S. Retirement & Benefits Partners (USRBP) acquires Chimienti & Associates Insurance Services.  Sica | Fletcher acts as exclusive financial advisor.  More Info>>

 

09/09/2017:  $804 million of agency revenue acquired by Sica | Fletcher index members in first half of 2015 via 140 agent and broker transactions. See report >>

08/15/2017: Sica | Fletcher advises Genstar Portfolio Company, Alera Group on its acquisition of Memphis, TN based Group Benefits, LLC. More Info>>

08/1/2017: Sica | Fletcher advises Minnesota  based Paulson Agency on its sale to North Risk Partners.

07/15/2017: Leading Texas insurance brokers, Higginbotham and Painter & Johnson Financial enter into meger agreement. Sica | Fletcher acts as exclusive financial advisor. More Info>>

07/02/2017: Sica | Fletcher advises Brightstone Insurance Services, a specialty broker focused on the needs of same-day transportation and logistics companies in its sales to Risk Strategies. More Info>>

02/28/2017 - Sica | Fletcher advises Sapers & Wallack on the sale of its group benefits division to the Hilb Group.

 

02/15/2017 - $994 million of agency revenue acquired by Sica | Fletcher index members in 2016 via 274 agent and broker transactions.

See report >>

02/1/2017 - Sica | Fletcher advises Baldwin Risk Partners on its acquisition of Affordable Insurance.

 

01/17/2017 - Sica | Fletcher advises Ohio based Diversified Insurance Service on its sale to USI.

 

11/1/2016 -  $196 million of Agency revenue acquired by Sica | Fletcher Index members in Q3'16.

 

10/28/16: Sica | Fletcher advises leading NY based Benefits Broker, TSG Financial, in its sale to Risk Strategies.

 

10/15/16: Leading South Florida Broker, Kahn Carlin Insurance, sells to Risk Strategies.  Sica | Fletcher acts as exclusice financial advisor to Kahn Carlin.

 

10/12/16: Sica | Fletcher advises North Carolina based  broker, Bullard Agency, in its sale to Acrisure.

10/11/16: Leading Dallas based construction and surety broker Ward Moore sells to Acrisure.   Sica | Fletcher acted as exclusive financial advisor on the transaction.

 

10/10/16: Acrisure acquires Chicago based broker Crissie Insurance.  Sica | Fletcher acts as exclusive financial advisor.

 

7/26/16: Arthur J. Gallagher & Co. (NYSE:AJG) today announced the acquisition of Gabor Insurance Services, Inc., including its subsidiary, American Professional Liability Underwriters, headquartered in Miami, Florida.  While Terms of the transaction were not disclosed, Sica | Fletcher facilitated the transaction and acted as exclusive financial advisor to Gabor Insurance Services, Inc.

 

06/26/16: Sica | Fletcher advises Samuel Weisman and Sons, Inc. on its sale to SCS Insurance

 

06/10/2016:  Sica | Fletcher advises Morstan General Agency in its sale to Brown and Brown, Inc. (NYSE:BRO). In 2015 Morstan generated aproximately $34 million in revenue making it one of the largest wholesale insurance brokers in the U.S.

 

06/1/16:  California based Allen Lawrence Agency sells to Acrisure, LLC.  Sica | Fletcher faciliates transaction and acts as exclusive financial advisor.

 

05/10/16: Sica | Fletcher advises leading Yacht broker Atlass Insurance in its sale to Risk Strategies.

 

05/25/16 Media broker John Buttine, Inc, sells to Risk Stratagies.  Sica | Fletcher facilitates transaction and acts as exclusive financial advisor.

 

04/26/16: Australia's largest Investment Bank, Macquarie Capital, provides growth capital to World Insurance Associates to fund insurance brokerage acquisition strategy.  Sica | Fletcher facilitates transaction and acts as exclusive financial advsior.

 

04/10/16: Acrisure acquires Massachusetts based Arronson Insurance.  Sica | Fletcher acts as exclusive financial advisor.

 

04/1/16:  Leading transportation retailer P.A Post Company, LLC sells to The Hilb Group, Sica Fletcher acts as exclusive financial advisor.

 

04/1/16:  Sica | Fletcher advises transportation MGA, WF Clayton & Associates, Inc on its sale to The Hilb Group.

03/1/16: Acrisure aquires Massachusetts based Sullivan, Garity & Diggins. Sica | Fletcher facilitates trasnaction and acts as financial advisor.


03/1/16: Sica | Fletcher advises leading workers comp specialist, Keevily Coverage, on its sale to Acrisure.

 

03/1/16:  ELS Group is acquired by Acrisure.  Sica | Fletcher facilitates transcation and acts as exclsuive financial advsior.

 

02/22/16:  Leading medical malpractive specialist, PriMed Consulting, sells to The Hilb Group.  Sica | Fletcher acts as exclsuive financial advsior to Pri Med.

 

02/1/16:  USI Insurance acquires Florida based personal lines agency, Best Insurance.  Sica | Fletcher acts as exclusive financial advisor to transaction.  

 

08/5/15:  Sica | Fletcher advises BWD Group on its sale to NFP.  BWD is one of the largest insurance brokers in the United States and is renowned for its national sports practice whose clients include the NBA, NHL & NCAA.

 

08/3/15:  Assured Partners acquires IBG Group, a leading Missouri based P&C and benefits broker. Sica | Fletcher facilitated the transaction and acted as exclusive financial adviser.


06/25/15:  The Hilb Group, LLC announced today that leading private equity firm ABRY Partners, headquartered in Boston, Mass., has completed a significant investment in the insurance group. Sica | Fletcher facilitated the transaction and acted as exclusive financial adviser.

 

06/25/15: In a ground breaking transaction, Sica | Fletcher has facilitated and advised on a transaction whereby two of New England’s leading insurance brokerage firms: Cornerstone Group, a benefit advisory firm, and Gencorp Insurance Group, a property casualty and employee benefits broker will join forces with the Hilb Group, Inc., creating the 33rd largest insurance broker in the U.S. and one of the largest privately owned risk management firms in New England.  

 

06/17/15:  Sica | Fletcher advises Strategic Benefit Advisors Inc., on its sale to Brown and Brown (NYSE:BRO). Headquartered in Southborough, MA, Strategic Benefit Advisors provides health and welfare benefit advisory and brokerage services to organizations with large employee populations.

 

06/15/15:  Sica | Fletcher publishes its Q1 Buyer Index recording 54 agency and broker deals in the first quarter of 2015

 

06/1/15:  Sica | Fletcher advises large account broker IMA in its sale to NFP.

 

05/1/15:  LKF Partners, a leading program administrator based in Huntington NY, sells to Acrisure.  Sica | Fletcher acted as exclusive financial adviser to LKF.

 

04/1/15:  Sica | Fletcher advises Augusta, GA based ACHS Insurance in its sale to Acrisure.

 

03/1/15:  Sica | Fletcher advises NYC based insurance agency, Arthur Chernick Co, Inc., in its sale to Acrisure.

 

03/01/15:  Sica | Fletcher advises NYC based insurance agency, Arthur Chernick Co, Inc., in its sale to Acrisure.


02/1/15:  Sica | Fletcher advises Elite Underwriting Services in its sale to Houston International Insurance Group.  Elite is a MGU specializing in medical stop loss insurance.


01/31/15:  Sica | Fletcher advises leading New York Construction Broker, Omni Risk Management, in its sale to Assured Partners.

 

01/015/15:  Sica | Fletcher advises World Insurance Associates in its acquisition of JCI Insurance. 
 

1/20/15:  West Hartford based Sinatro Agency One, LLC sells to Acrisure.  Sica | Fletcher acts as exclusive financial advisor to Sinatro Agency One. 


01/5/15: Chadler Solutions and Benefit Sources & Solutions close on planned merger, creating one of New Jersey's largest full service insurance brokers.  Sica | Fletcher acts as exclusive financial advisor.


1/2/15: Sica | Fletcher acts as exclusive financial advisor to SCS Insurance in its acquisition of Spivak Insurance.
 

01/1/15:  Sica | Fletcher Closes First Deal of 2015 - Advises on Sale of Leading Florida Condo Insurance Broker, Smith Watson Parker in its sale to Hub International.


12/31/2014:  Sica | Fletcher  acts as exclusive financial advisor to World Insurance in its acquisition of Alden Obrien Agency.


11/1/2014:  RSI Insurance Brokers is acquired by Acrisure, LLC. Headquartered in Costa Mesa California RSI provides complex risk management and brokerage services to the transportation industry.  RSI will lead Acrisure's transportation strategy for the Western United States.  Sica | Fletcher acted as exclusive financial advisor on the transaction.


10/31/2014:  Sica | Fletcher acts as exclusive financial advisor to MBS Insurance Services in its sale to Acrisure LLC.  MBS is the leading Medical Malpractice broker in the New York, New Jersey, and Pennsylvania marketplace.

10/31/2014: Sica | Fletcher featured in SNL article"After a decade of 'fierce' competition, 2 insurance i-bankers find quick success through new partnership.<p> 10/31/2014:  Sica | Fletcher advises Benefit Development Group, a leading Massachusetts based Employee Benefits Broker in its sale with Risk Strategies.

10/31/2014:  Sica | Fletcher  acts as exclusive financial advisor to Greystone Benefit Services in its sale with Risk Strategies.

 

10/5/2014: Sica | Fletcher ranked as #1 financial advisor to insurance brokers in SNL Financial's most recent 3Q 2014 ranking.

 

10/1/2014:  Sica | Fletcher advises Dewitt Stern Group, the iconic 110-year-old risk management and insurance brokerage firm, on its merger with Risk Strategies.  The combined organization will rank in the Top 35 brokers nationally, with nearly $100 million in revenue and almost 400 employees nationwide.
 

10/1/2014:  Sica | Fletcher acts as exclusive financial advisor to CLG Insurance in its sale to Acrisure LLC.  CLG  operates out of Nanuet, New York and employs over 40 professionals who specialize in all aspects of insurance, employee benefits and risk management. Marsh Berry recently ranked CLG in the top 3% of insurance brokers in the New York Metropolitan area.
 

9/30/2014: Palladium Equity Partners, a private investment firm with over $2.5 billion in assets under management, has made a significant investment in Pronto General Agency, Ltd.  a leading managing general agency focused primarily on the non-standard auto insurance market segment in Texas.  Sica | Fletcher acted as exclusive financial advisor to Pronto General Agency.

 

9/29/2014: Acrisure LLC, acquires B&B Coverage Group, a leading mutli lines agency based in Valley Stream NY.  Sica | Fletcher facilitates the transaction and acts as exclusive financial advisor to Acrisure, LLC.
 

9/30/2014: Garden City, NY based, The Signature Group, is acquired by Acrisure LLC.  Sica| Fletcher acts as exclusive financial advisor to Acrisure.

 

07/11/2014: Sica | Fletcher ranked as #1 financial advisor to insurance brokers in SNL Financial's most recent ranking.