The US insurance industry continues to witness a wave of M&A activity, as brokers, carriers and managing general agents pursue strategic growth through targeted deals.
Arthur J. Gallagher & Co. has acquired Denver-based Surescape Insurance Services, a surety specialist serving the construction sector nationwide.
Terms of the deal were not disclosed.
Doug Rothey and his team will continue to operate from their current location under Bret VanderVoort, who leads Gallagher’s South Central retail property/casualty brokerage operations.
Chairman and CEO J. Patrick Gallagher, Jr. said the acquisition deepens the company’s bonding and brokerage capabilities within the construction insurance market, a segment that continues to show steady demand amid infrastructure spending and public works projects across the US.
Afore Insurance Services has acquired Salzberg Insurance Agency, which is based in Norfolk, Virginia.
Ralph Soussan, Salzberg’s principal, said the partnership allows the agency to expand across Virginia while maintaining its local identity. Afore CEO Michael A. Garguilo and regional president Brett Balsley noted that the deal is part of a broader regional growth plan, with additional acquisitions expected in the near term.
The move positions Afore to build a stronger platform across the Mid-Atlantic states, where consolidation among regional agencies has accelerated as firms seek scale and resources to compete with national brokers.
TWFG, Inc. has acquired Alabama Insurance Agency, Inc. and its 20 affiliated offices across the state, enhancing its reach across the Southeastern US.
Founder and CEO Gordy Bunch said the transaction supports TWFG’s goal of expanding its independent agency network, while Alabama insurance president Gene Ruggario described the partnership as “a win for customers, staff, and carrier partners.”
DOXA has acquired American Hole ’n One (AHNO), one of the largest providers of hole-in-one and prize indemnity insurance. AHNO, founded in 1986, has diversified into contests and sports promotions for charities, auto dealers, and other organizations.
Matt Montminy, head of DOXA’s Consumer Vertical, said the acquisition expands DOXA’s presence in the consumer promotions and sports insurance niche. AHNO will operate alongside DOXA’s existing prize indemnity businesses, maintaining independence while gaining operational and administrative support.
President Rick Ruiz said joining DOXA provides “a wealth of resources to grow beyond our existing position in the market.”
Renaissance Life & Health Insurance Company of America has completed its acquisition of Ansel Health, a technology company known for modernizing supplemental health insurance.
The acquisition enhances Renaissance’s digital capabilities and builds on their year-long collaboration that launched RenSecureHealth, a supplemental health plan covering over 13,000 medical conditions.
CEO Diana Steinhoff said Ansel’s platform will help “make benefits simpler and more accessible,” aligning with rising consumer demand for flexible, tech-driven coverage options amid ongoing healthcare cost pressures.
Patriot Growth Insurance Services, LLC has partnered with JM Brassill Group, an employee benefits consulting firm based in Melville, New York. The move strengthens Patriot’s position in the employee benefits and risk management advisory space.
James W. Brassill, President of JM Brassill Group, said the partnership enables the firm to expand its capabilities and client offerings through Patriot’s national resources and technology platforms. Steve Carroll, Patriot’s chief acquisition officer, noted the alignment in “values and client-first service culture.”
Inszone Insurance Services has acquired Complete Coverage Insurance Agency, a Colorado-based firm founded by Joel Rieth in 2017.
The acquisition enhances Inszone’s regional footprint and adds a fast-growing, client-focused operation to its portfolio.
Rieth said the move allows his agency to offload administrative functions and gain access to additional carrier markets, enabling more time to focus on clients. Chris Walters, CEO of Inszone, said Complete Coverage’s strong local ties make it “a perfect fit” for the company’s ongoing national expansion strategy.
