Maury, Donnelly & Parr Inc. (MDP) and the Kastendike Insurance Group (KIG) has acquired Connecticut-based Northeastern Underwriters LTD. (NEU). The transaction became effective January 1, 2021.
As part of the transaction, NEU will continue to work out of its existing location in Madison, Connecticut.
Together, the MDP, KIG and NEU team aims to add value to its client base via new carrier access points, streamlined technology investments, dedicated service teams, in-house risk management team, loss control team, in-house claims management, maritime expertise and strong commitment to protecting its clients.
Source: Maury, Donnelly & Parr Inc.
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
‘Structural Shift’ Occurring in California Surplus Lines 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
