Mergers & Acquisitions Following the transaction, ABAIS will continue to operate under the ABAIS brand and will become Great American Insurance Group's 34 th specialty property & casualty business unit. (Photo: Shutterstock_

American Financial Group, Inc. has reached a definitive agreement to acquire ABA Insurance Services Inc. (ABAIS) from American Bankers Mutual Insurance, Ltd. (ABMI).

Based in Shaker Heights, Ohio, ABAIS is a provider of D&O and other complementary insurance solutions for banks, small businesses and nonprofit organizations, with a history that dates back 30 years.

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].

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