One80 Intermediaries, a national wholesale broker, program manager and insurance aggregator headquartered in Boston, Mass., has acquired the Equinox Management Group and its affiliates Meridian Management Group and Co-Ordinated Benefit Plans. Terms of the deal were not disclosed.
Equinox Management Group Inc., a reinsurance managing general underwriter (MGU), was established in 1994 by Suzanne Whalen and Kevin Leys. Three years later, Equinox expanded its offerings to provide producers with MGU services for travel/accident and health and other specialty property and casualty lines of coverage, operating under the Meridian Management Group brand.
As the organization continued to evolve, Equinox acquired Co-Ordinated Benefit Plans in 2006 to provide technology-based administration services with an emphasis on travel/accident and health products. Equinox Management Group is headquartered in Oradell, N.J., with offices in Clearwater, Fla., and San Diego, Calif.
Source: One80 Intermediaries
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