November 16, 2023 by matray

The Horton Group announce the acquisition of Physician’s Armor Insurance Services. PAIS insures physician practices in Florida, Georgia, Alabama, Tennessee, Mississippi, Texas, Oklahoma, Kentucky, Indiana, Illinois and Michigan. Horton’s Healthcare Practice currently insures more than 3,000 medical professionals, hospitals and related healthcare entities across the United States.

PAIS was formed by its founders, Kriston Kent, MD, MPH, and Steve Adler, to represent their physician colleagues and help them navigate the difficulties of obtaining insurance, especially medical liability insurance.

“The acquisition by The Horton Group brings additional resources to the PAIS team,” said Mike Madey, healthcare practice leader at The Horton Group. “With the complexities in today’s healthcare industry, it is imperative for providers to have an insurance partner who understands their unique needs. Our Healthcare Practice is not just about offering more policies but crafting the right solutions that align with the specific challenges and needs of the healthcare community in Florida and the Southeast.”

November 16, 2023 by matray

Arthur J. Gallagher & Co. announced it has acquired certain assets of the retail agency business Coverys Insurance Services. Terms of the transaction were not disclosed.

Headquartered in East Lansing, Mich., Coverys Insurance Services is a full-service insurance broker specializing in medical professional liability for healthcare clients throughout Michigan. The Coverys Insurance Services team will remain in their current location under the direction of Ryan Isaacs, head of Gallagher’s Midwest-region retail property-and-casualty brokerage operations.

“Coverys Insurance Services is a highly regarded agency whose deep healthcare expertise provides significant opportunities for growth in the region,” said J. Patrick Gallagher, Jr., Arthur J. Gallagher & Co. chairman, president and chief executive officer. “I am very pleased to welcome the Coverys Insurance Services team to Gallagher.”

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services firm, headquartered in Rolling Meadows, Ill. Gallagher provides these services in approximately 130 countries globally through its owned operations and a network of correspondent brokers and consultants.