Earlier this month, specialty insurers Argo Group International Holdings Ltd. and Philadelphia Consolidated Holding Corp. separately announced deals to acquire program managers, with Argo tagging a public entity specialist and Philadelphia, an outdoor recreation expert.
On Mar. 4, Hamilton, Bermuda-based Argo said its subsidiary, Trident Insurance Services, acquired the managing general agency Massamont Insurance Agency Inc.
On Mar. 11, Philadelphia Consolidated Holding Corp. of Bala Cynwyd, Pa., said it acquired Gillingham & Associates, which specializes in commercial property and casualty insurance for the outdoor recreation and hospitality industries.
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