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.
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Albertsons Reaches $774 Million Opioid Accord, Records Loss 
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage 
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
