Dentists Benefits Insurance Co., Northwest Dentists Insurance Co. Receive Final Approval To Merge With The Dentists Insurance Co.

January 7, 2019 by matray

Dentists Benefits Insurance Co. (DBIC) and Northwest Dentists Insurance Co. (NORDIC), acquired by The Dentists Insurance Co. (TDIC) in February 2017, merged with, and into, their parent company, TDIC, effective Jan. 1, 2019, after final regulatory approval. The merger was approved by the California Department of Insurance (DOI), the Oregon Division of… Continue reading...

Posted in Acquisitions and Mergers | Leave a comment
Hub International Acquires the Assets of Pennsylvania-Based Nolen Associates, Inc.

December 13, 2018 by matray

Hub International Limited, a global insurance brokerage, announced that it has acquired the assets of Nolen Associates, Inc. Terms of the transaction were not disclosed. Located in Springfield, Penn., Nolen Associates is a full-service medical malpractice insurance agency that represents more than 1,000 healthcare professionals throughout Pennsylvania, New York, New Jersey, Delaware and Maryland. Further strengthening Hub's Healthcare… Continue reading...

Posted in Acquisitions and Mergers | Leave a comment
Coverys Finalizes R & Q Managing Agency Ltd. Acquisition, Plans to Launch Lloyd’s Syndicate 1975 on Jan. 1, 2018

December 5, 2017 by matray

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 Limited. The agency currently manages Syndicates 1991, 3330 & 1110,… Continue reading...

Posted in Acquisitions and Mergers, Coverys | Leave a comment
Coverys Finalizes Acquisition of Global Insurance Management Company, Inc.

December 5, 2017 by matray

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. “Coverys is committed to expanding GIMC’s ability to offer superior… Continue reading...

Posted in Acquisitions and Mergers, Coverys | Leave a comment
Alera Group Acquires Medical Liability Insurance Brokerage Flagship Healthcare

November 14, 2017 by matray

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 will join Alera Group through local firm GCG Financial in… Continue reading...

Posted in Acquisitions and Mergers | Leave a comment
MedPro Group Announces Acquisition of Leading UK Provider of Contractual Medical Indemnity Insurance

October 3, 2017 by matray

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 to deliver contractual medical indemnity insurance as well as patient safety… Continue reading...

Posted in Acquisitions and Mergers, Medical Protective (MedPro) | Leave a comment
Coverys Announces Agreement to Acquire Global Insurance Management Company, Inc.

September 6, 2017 by matray

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 its insurance subsidiary, Healthcare Underwriters Group, Inc., were founded by… Continue reading...

Posted in Acquisitions and Mergers, Coverys | Leave a comment
The Doctors Company Completes Acquisition of American Physicians Capital, Inc.

October 26, 2010 by matray

side note: The acquisition of Michigan-headquartered AP Capital positions California-based The Doctors Company to better compete in the Midwest. Consolidation and growth. The Doctors Company, the largest national insurer of physician and surgeon medical liability, today announced that it has completed its acquisition of American Physicians Capital, Inc. (AP Capital),… Continue reading...

Posted in Acquisitions and Mergers, California, Medical Professional Liability Insurance, Midwest | Leave a comment