United Risk Acquires Verita CSG From WTW; Rebrands as Verist With Chang as CEO

United Risk has acquired specialized property/casualty managing general agent Verita CSG, Inc. from global risk advisor WTW and rebranded the venture as Verist LLC.

Industry veteran Michael Chang will become CEO of Verist, now based at 50 Rockefeller Plaza in New York. Chang is the former head of Corporate Risk and Broking North America for WTW and former CEO of Sompo International’s Global Risk Solutions business. Prior to Sompo, Chang spent nearly 20 years at Chubb

The transaction closed on August 1, 2025. Terms were not disclosed.

According to Rick Christofer, chief commercial officer for United Risk, this latest addition to United Risk’s MGAs deepens its focus on middle market and large account admitted business in specific sectors including real estate, hospitality, leisure, financial institutions, professional services, and life sciences for property, general liability, workers’ compensation, auto, umbrella/excess liability, and financial lines coverages.

Christofer said Verist’s specialty product offerings will continue to include active assailant, clinical trials, pandemic, and other such in-demand features, “giving Verist a decided edge as a market specialist.”

United Risk said it will be keeping Verita leadership, staff and operations as renewals and new placements are processed.

WTW launched Verita in 2023. Verita had been based in Portsmouth, New Hampshire. Edward Chiang has been president and CEO.

United Risk Global is an international property/casualty insurance underwriting and distribution platform independently owned and operated by its practice partners and affiliated with Applied Underwriters operationally and through its common brand identity. United Risk’s home office is located at 50 Rockefeller Plaza in New York.

Topics Mergers & Acquisitions Willis Towers Watson