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.
Eli Lilly Wins Court Order in Fraud Allegations Against Florida, TN Pharmacy Groups 
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows 
Read 14-Point Draft Memorandum of Understanding Between the US and Iran 
Zurich Sees Data Center Boom Spurring Insurance Securitization 
