NSM Insurance Group has acquired Insurex, a California-based workers’ compensation brokerage. The acquisition “immediately expands our ability to provide new national workers’ compensation markets to our independent agent and broker customers” said Dan McCarthy, CEO, Insurex. Meanwhile, NSM believes the acquisition will leverage its marketshare in the property/casualty marketplace on the west coast, said Geof McKernan, CEO, NSM Insurance Group.
“We continue to aggressively seek program administrator or specialty underwriting acquisitions in the southeast and southwest states,” Geof added.
For more information, e-mail smckernan@nsminc.com.
Topics Mergers & Acquisitions Agencies Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Karen Read Sues Police Agencies That Investigated Her Boyfriend’s Death 
Georgia Brokers and Agents Alarmed After Court Ruling Expands Liability for Them 
South Carolina Jury Finds Store Owner Not Guilty of Murder in Shooting of Teen 
Renewals for Most Commercial Lines Decrease in May, Says Ivans 
