NSM Insurance Group Acquires Professional Underwriters Agency

NSM Insurance Group announced it has acquired Professional Underwriters Agency Inc. (PUA), a managing general agent specializing in professional liability and located in Oak Brook, Ill.

PUA was founded more than 30 years ago as a professional liability market for architects and engineers.

NSM Insurance Group underwrites more than 20 admitted and non-admitted insurance programs nationally in specific niche markets such as collector cars, coastal condominium associations, social service, hospitality, professional liability for lawyers and dentists, construction and workers’ compensation.

NSM Insurance Group operates from nine offices across the country in New Jersey, Pennsylvania, Illinois, Texas, Arizona and California, and is aggressively seeking to acquire additional program managers and niche specific insurance businesses.

Source: NSM Insurance Group

Topics Mergers & Acquisitions Underwriting