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

26North Re has acquired Independent Life Insurance Group, a insurance brokerage business in New York. 26North Re acquisitions are aimed at expanding into US insurance brokerage services through an onshore platform acquisition. Independent Life Insurance Group supports life insurance distribution and advisory for policyholders and producers, strengthening 26North Re’s presence in financial services deals NY. The Independent Life Insurance Group acquisition is structured as a platform acquisition and represents private equity acquisition activity by 26North Re. Deal terms and purchase price were not disclosed, and the transaction is currently announced.