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Brown & Brown | March 09, 2020
Brown & Brown has announced that its subsidiary – Brown & Brown of Kentucky – has acquired the assets of Northeast Dealer Consultants (NEDC). NEDC assists its auto dealership clients with F&I performance and compliance management in New York and in other neighboring states. President and co-owner Phil Bruno have more than 25 years of experience in the automotive and power sport industries. A release said that following the acquisition, NEDC will become part of Brown &...
Azentio Software | July 02, 2021
Azentio Software, a Singapore-based software products company owned by Apax Funds, is pleased to announce the signing of a binding agreement to acquire Beyontec, a leading insurance technology company. The acquisition is conditional to the obtaining of all relevant regulatory approvals.
Beyontec employs over 300 people and serves over 65 customers in the United States, the Middle East, and Africa. The company provides a complete set of cloud-based accelerator tools and a core mult...
Traveler | April 22, 2020
Travelers has reported a 25% drop in quarterly profit. The company also warned that potential claims for compensation coverage for furloughed and laid-off employees would impact its results for the year, according to a Reuters report. With the coronavirus pandemic weighing on the economy, millions of Americans are now jobless. Travelers said it might see “elevated claims frequency and severity” for its workers’ compensation line of business as states expand workers’ comp ...
Risk Strategies | September 16, 2022
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Beattie & Associates, a retail agency in Missouri specializing in employee benefits for both individuals and employers. Terms of the deal were not announced.
Headquartered in the St. Louis suburb of Chesterfield, Missouri, Beattie & Associates is led by its principal, Tom Beattie. For more than 30 years, the agency has focused on helping both individu...
Risk Management, Intellectual Property
Core Insurance, Insurance Technology
Core Insurance, Risk Management
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