Risk Strategies announced that it has acquired Silveus Insurance Group, Inc (Silveus). The Indiana-based broker dates back to 1940 and is the country’s largest independent specialty provider of crop insurance. Terms of the deal were not provided.
Based in Warsaw, Indiana, Silveus is widely recognized nationwide for its deep expertise and understanding of both federal and private products available to growers to reduce their risk exposures. The firm is the industry leader in private product development, selling a variety of private and federal insurance products.
The firm’s client base is geographically diverse, spanning 40 states, and ranges from small, five-acre farms to some of the nation’s largest corporate farming operations.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
Florida Insurance Costs 14.5% Lower Than Would Be Without Reforms, Report Finds
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 

