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.
Update: Hurricane Melissa Churns Toward Jamaica as Category 5 Storm 
Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3 
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud 
