Chicago-based national wholesale insurance broker R-T Specialty said it has completed its merger with another wholesale broker Westrope, based in Kansas City, Missouri.
The deal was first announced Nov. 1. Terms were not disclosed.
Westrope’s business is concentrated in the Midwest, Southeast and Southwest and generates premiums of more than $430 million, according to its website. In addition to its Kansas City headquarters, it operates offices in Overland Park, Atlanta, Dallas, Bedminster, N.J. and Jacksonville, Orlando and Brandon, Fla.
Was this article valuable?
Here are more articles you may enjoy.
Tech and Finance Sectors Losing 28,000 Jobs Monthly Show AI Impact on Labor 
Travelers Builds Insurance-Specific LLM 
Agent-Carrier Relationships Improving, Survey Shows 
CSU Lowers Atlantic Hurricane Forecast to ‘Well Below Normal’ 
