M&A Deal Summary

Tribal First Acquires AFN Insurance Brokers

On March 7, 2019, Tribal First acquired insurance company AFN Insurance Brokers

Acquisition Highlights
  • This is Tribal First’s 2nd transaction in the Insurance sector.
  • This is Tribal First’s 1st transaction in Canada.
  • This is Tribal First’s 1st transaction in Ontario.

M&A Deal Summary
Date 2019-03-07
Target AFN Insurance Brokers
Sector Insurance
Buyer(s) Tribal First
Deal Type Add-on Acquisition

Target

AFN Insurance Brokers

Ottawa, Ontario, Canada
AFN Insurance Brokers, Inc. is a nationally incorporated insurance brokerage dedicated exclusively to serving First Nations across Canada. The Ottawa-based brokerage provides a full suite of products and services that include insurance, risk management, consulting, and employee benefits. AFN has access to leading international carriers and works directly with a large base of retail broker partners.

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Buyer(S) 1

Buyer

Tribal First

San Diego, California, United States
Category Company
Sector Insurance
DESCRIPTION

Tribal First is a specialized program of Alliant Specialty Insurance Services, Inc., has focused exclusively on meeting the insurance and risk management needs of tribal governments and enterprises.

DEAL STATS #
Overall 2 of 2
Sector (Insurance) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-28 American Indian Health Services

Santa Barbara, California, United States

American Indian Health Services is a provider of property and casualty, workers’ compensation, employee benefits, surety, and financial products and services to clients nationwide, including public entities, tribal nations, healthcare, energy, law firms, real estate, construction, and other industry groups.

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