Prime Risk Partners, a recently established national insurance distribution firm in Atlanta, hired Matthew McKenna as senior vice president. He is based in Buffalo, New York.
McKenna previously served as senior vice president, director at First Niagara Risk Management (FNRM) Specialty Markets. He has also worked at Macquarie Capital and Credit Suisse First Boston.
Prime Risk Partners was formed in May 2014 by private equity firm Thomas H. Lee Partners and two former Beecher Carlson executives Bret Quigley and Adam Meyerowitz. Thomas H. Lee Partners has said it plans to invest up to $200 million of equity capital to support the initiative. Prime Risk Partners will partner with property/casualty and employee benefits agencies that want to become part of a national insurance distribution firm, according to the firm’s announcement.
Topics Mergers & Acquisitions New York
Was this article valuable?
Here are more articles you may enjoy.
Shipper Escapes $41.9M Award for Man Paralyzed When Lights Fell From Pallet on Him 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says 
Insurance Platform Corgi Valued at $2.6B in Funding Round 
