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Advisory M&A News – 1/4/25

Indivisible Partners Launches as Independent Advisory Firm...

State Insurance USA announces new Fifth Avenue offices

State Insurance USA will begin operations Jan. 6 at its new office at 400 Fifth Ave. S., Suite 101, in downtown Naples. The company offers insurance products, including personal insurance (home, auto, flood, boat) and business insurance (general liability, workers’ compensation). In addition...

Marsh McLennan acquires Long Island insurance agency

Listen to this article White Plains-based Marsh McLennan Agency (MMA), has acquired Melville-based Acumen Solutions Group. Terms of the transaction were not disclosed. All Acumen employees, including President Tony D’Elia, will join MMA, and continue to operate in Melville. A business of Marsh, MMA is...

Kristen Peed assumes 2025 RIMS presidency

Kristen Peed, head of corporate risk at Sequoia Benefits and Insurance Services LLC and a captive insurance industry leader, assumed the presidency of the Risk & Insurance Management Society Inc., effective Jan. 1. She succeeded David Arick, managing director, global risk management, at Sedgwick...

73% of small business owners optimistic about 2025 economy

(Stacker) - Nearly three-quarters (73%) of U.S. small business owners are optimistic about their economic viability in 2025, according to NEXT Insurance research. Despite challenges like rising business costs and shifting consumer trends, the economic outlook paints a complex picture of adaptability and...

5. Axa XL restructured North American business

A restructuring and accompanying executive shakeup at the North American business of Axa XL, a unit of Axa S.A., was followed by other senior appointments. The restructuring also included an undisclosed number of layoffs. The insurance business was reorganized into three segments: large commercial, mid-market...