Around the P&C insurance industry: May 16, 2018
News from HUB International Limited, Prime Risk Partners Inc., AssuredPartners Inc. and more.
HUB International Limited has acquired the assets of Barnett Corporate Insurers LLC. Terms of the acquisition were not disclosed.
Prime Risk Partners Inc. has acquired Roblin Insurance, one of Boston’s largest independent insurance agencies. Roblin Insurance will maintain its name and will continue operating at its existing location in Needham, Mass.
AssuredPartners Inc. has acquired National Insurance Services. NIS will continue its focus on the school and other public-sector markets and will provide additional distribution for AssuredPartners in the public sector.
NFP has acquired 1st Community Insurance Services Inc. The transaction closed effective April 1, 2018.
National wholesale insurance brokerage and managing general agent Worldwide Facilities has announced the opening of a new workers’ compensation division. The division is located on the outskirts of Boston.
Weather Analytics LLC, a provider of risk information for insurance carriers, has acquired and merged with Athenium Inc. Located in the Washington Street mill in Dover, N.H., the company also announced it is investing more than $25 million to build new decision-support software for insurers, enabled by artificial intelligence and computer-vision capabilities.