Category Archives: Acquisitions and Mergers

Coverys Finalizes R & Q Managing Agency Ltd. Acquisition, Plans to Launch Lloyd’s Syndicate 1975 on Jan. 1, 2018

On Dec. 4, Coverys announced the completion of the acquisition of R & Q Managing Agency Ltd. (RQMA). Under the terms of the agreement, RQMA, a fully authorized Lloyd’s managing agency based in London, will be renamed Coverys Managing Agency … Continue reading

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Coverys Finalizes Acquisition of Global Insurance Management Company, Inc.

On Dec. 1, Coverys finalized the acquisition of Global Insurance Management Company, Inc. (GIMC). GIMC and its insurance subsidiary, Healthcare Underwriters Group, Inc., provide medical professional liability insurance for physicians and healthcare providers in Florida, Indiana, Kentucky, Ohio and Texas. … Continue reading

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Alera Group Acquires Medical Liability Insurance Brokerage Flagship Healthcare

Alera Group — an Illinois-based specialists in employee benefits, property and casualty, risk management and wealth management — acquired Flagship Healthcare, a physician-owned insurance brokerage specializing in professional liability insurance solutions for healthcare providers. The acquisition was effective Nov 1, 2017. Flagship Healthcare … Continue reading

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MedPro Group Announces Acquisition of Leading UK Provider of Contractual Medical Indemnity Insurance

Berkshire Hathaway International Insurance Limited (BHIIL) and MedPro Group Inc. (MedPro) announced today the addition of Premium Medical Protection Ltd. (PMP) to the Berkshire Hathaway group of healthcare liability companies. BHIIL, MedPro and PMP have been working together since 2014 … Continue reading

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Coverys Announces Agreement to Acquire Global Insurance Management Company, Inc.

Coverys and Global Insurance Management Company, Inc. (GIMC), a provider of medical professional liability insurance, announced today that they have entered into a definitive merger agreement pursuant to which Coverys’ ProMutual Group will acquire GIMC. GIMC and the predecessors to … Continue reading

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The Doctors Company Completes Acquisition of American Physicians Capital, Inc.

The Doctors Company completed its acquisition of AP Capital, a Midwest provider of medical professional liability insurance. This move positions California-headquartered The Doctors Company to increase its competition in the Midwest. Continue reading

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