The McGowan Companies, based in Fairview Park, Ohio, has acquired the assets of the wholesale division of Liberty Corner, N.J.-headquartered Couch Braunsdorf Insurance Group Inc. (CBIG), effective February 1, 2021. CBIG’s wholesale division will be re-branded under the McGowan brand.
CBIG’s wholesale division specializes in writing lawyers professional liability (LPL). CBIG administers multiple, exclusive LPL programs through carriers rated “A” or better by A.M. Best.
After the transaction, the staff of CBIG’s LPL programs will remain in place, led by Neil P. McGowan. All of CBIG’s brokers will receive automatic, initial appointments with McGowan and its full range of products and capabilities. Coverage is available in all 50 states and Washington, D.C.
Source: The McGowan Companies
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says 
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI 
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
Texans Hate Data Centers So Much They Are Asking Jesus for Help 
