Philadelphia-based program administrator NSM Insurance Group has acquired IDEAL Marine Insurance.
IDEAL, based in Chicago, is a program specialist focused in non-construction ocean and inland marine.
Geof McKernan, CEO of NSM, said the company is “aggressively seeking specialty underwriting or program acquisitions.”
__
Source: NSM Insurance Group
Was this article valuable?
Here are more articles you may enjoy.
Applied Systems, Comulate Spar Over Trade Secret Theft Allegations 
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say 
Taiping Insurance Shares Hit by Over $200 Million Exposure to Hong Kong Fire 
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think 
