Victor O. Schinnerer & Co. on Monday announced an agreement to acquire SeaFire Insurance Services, a Kansas-based managing general underwriter focused on providing property/casualty solutions for the auto dealership and auto repair market.
All of SeaFire’s leadership and employees will join Schinnerer and will remain in their current Overland Park, Kan. location. Dennis Kane, president of SeaFire, will continue to lead the business.
SeaFire’s product offering includes garage liability, property, pollution, auto physical damage and umbrella liability written through several insurers.
The acquisition is part of Chevy Chase, Md.-based Schinnerer’s broader strategy to continue growing its specialty P/C portfolio, which already includes solutions for oil and gas contractors, loggers, and public entities, in addition to specialty products like builders risk, the firm stated.
Topics Mergers & Acquisitions Kansas
Was this article valuable?
Here are more articles you may enjoy.
Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers 
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal 
Company at Center of Cyclospora Outbreak Complained to White House, Source Says 
Former Insurance Agent Sentenced to Jail for Fraud, Again 
