BISYS Acquires JCH Insurance Brokers

September 8, 2006

BISYS Commercial Insurance Services, a provider of commercial property and casualty insurance solutions, today announced its acquisition of JCH Environmental Insurance Brokers, the environmental practice of JCH Insurance Brokers, a New York-based commercial insurance operation.

The acquisition allows BISYS Commercial Insurance Services to expand its ability to provide risk management strategies to address environmental exposures inherent in all aspects of corporate America.

John Hahn, president of BISYS Commercial Insurance Services said, “Bringing JCH Environmental on board allows us to achieve our goal of becoming the leader in environmental insurance services; we are now positioned to assist BISYS clients and the rest of the marketplace with innovative environmental risk management solutions.”

JCH has three locations in the U.S. with offices in Atlanta, Denver and New York. The environmental risk staff includes attorneys, geologists and engineers that bring high level of expertise to the management of environmental liabilities. JCH Environmental’s experience includes providing innovative risk management solutions to a wide range of businesses including contracting, manufacturing and real estate.

Jim Herrmann, president of JCH said, “Joining forces with BISYS enhances our leadership position in environmental insurance services; we’re now backed by the financial strength of an independent leader in the commercial insurance business, and its substantial resources, while remaining a specialty environmental brokerage business committed to providing our clients with the expertise, service and results we’re known for.”

BISYS Commercial Insurance Services is an independent wholesale distributor of commercial property and casualty insurance, linking an extensive network of retail brokers and agents to products provided by over 100 P&C insurance carriers.

Source: BISYS

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