Independent Insurance Group Acquired by 26North Re | Financial Services M&A Deal

26North Re has agreed to acquire 100% of Independent Insurance Group, a insurance brokerage business in the United States. Independent Insurance Group provides commercial and personal insurance brokerage services, supporting clients with placement, risk management, and policy administration. 26North Re acquisitions in financial services M&A are designed to expand brokerage capabilities through platform acquisition of established local operations. The strategic acquisition is structured as a platform acquisition by a strategic buyer, with deal size undisclosed and terms not publicly specified, and it is currently announced with an expected closing to be determined.