Business moves and mergers News

NFP Buys Hafetz & Associates in New Jersey

NFP, a property-casualty insurance broker, benefits consultant and retirement advisor, has acquired Hafetz & Associates, based in Linwood, New Jersey. Hafetz is a general agent specializing in health benefits, work disability and other services for businesses, according to a news …

Valent Group Acquires Coastal Professional Insurance in Alabama

Birmingham-based Valent Group, an insurance brokerage and risk management firm, has acquired Coastal Professional Insurance Inc., an independent agency in Mobile, Alabama. Coastal, or CPI, has been in the business for three decades and offers property coverage. Principals also have …

Acturis Enters U.S. Market with Acquisition of Broker Buddha

After successful entries into the German, French and Canadian insurance markets, software-as-a-service firm Acturis Group has entered the U.S. market with the acquisition of Broker Buddha. Broker Buddha, based in New York City, provides insurance brokers and carriers with a …