Boston-based specialty insurance broker One80 Intermediaries reported that it has acquired New York-based Seacoast Specialty Administrators, Inc. Terms of the deal were not disclosed.
Established in 1997, Seacoast is a family-owned wholesale broker and program manager specializing in commercial marine risks such as commercial fishing vessels, inspected passenger vessels, and uninspected passenger vessels. Key lines of business include hull, protection and indemnity, pollution, and marine liabilities.
Principals at Seacoast include Jane Saliba and Will Wells. The firm has staff in the Mid and North Atlantic region as well as the Pacific Northwest, according to the announcement.
One80 Intermediaries is a privately held wholesaler with offices throughout the U.S. and Canada.
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