M&A Deal Summary

Onebeacon Insurance Group Acquires International Bond & Marine Brokerage

On September 11, 2020, Onebeacon Insurance Group acquired insurance company International Bond & Marine Brokerage

Acquisition Highlights
  • This is Onebeacon Insurance Group’s 2nd transaction in the Insurance sector.
  • This is Onebeacon Insurance Group’s 2nd transaction in the United States.
  • This is Onebeacon Insurance Group’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-09-11
Target International Bond & Marine Brokerage
Sector Insurance
Buyer(s) Onebeacon Insurance Group
Deal Type Add-on Acquisition

Target

International Bond & Marine Brokerage

Hoboken, New Jersey, United States
International Bond & Marine Brokerage Ltd. is a privately held brokerage specializing in the international trade markets. International Bond & Marine Brokerage Ltd. was founded in 1986 and is based in Hoboken, New Jersey.

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Buyer(S) 1

Buyer

Onebeacon Insurance Group

Hamilton, Bermuda

Category Company
Founded 2001
Sector Insurance
Employees1,200
Revenue 1.2B USD (2016)
DESCRIPTION

Onebeacon Insurance Group Ltd. is a provider of specialty insurance solutions. It offers a range of specialty insurance products sold through independent agencies, regional and national brokers, wholesalers and managing general agencies. Onebeacon Insurance Group Ltd. was established in 2001 and is headquartered in Hamilton, Bermuda.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 Climate Crop Insurance Agency

United States

Climate Crop Insurance Agency LLC is a provider of insurance services.

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