Colemont Global Group, the international division of wholesale insurance broker AmWINS Group, Inc., has acquired a majority share of CMK Insurance Brokers Company Limited.
CMK Insurance Brokers will operate under the trade name Colemont Korea Insurance Brokers Limited, according to the firm.
Terms of the transaction were not disclosed.
CMK Insurance Brokers is located in Seoul, and is led by Kyo-Joon Son. It specializes in insurance and reinsurance for the marine and construction industries.
Son will take over as managing director of Colemont Korea.
Source: AmWINS/Colemont
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud
Florida Board Drafting Rules That Could Stem Bogus Engineering Reports in Claims
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says 

