Oak Ridge, Tenn.-based Appalachian Underwriters Inc. acquired the business insurance center assets of NFIB, from MSC Insurance Agency of Tennessee LLC.
NFIB is a small business association representing small and independent businesses.
The transaction consists of approximately 75 percent workers’ compensation policies.
AUI further expanded its’ nationwide capabilities into 1,500 additional independent insurance agencies, bringing their distribution network to over 13,000 active agency partners.
To assure a smooth transition, all NFIB carrier appointments will be transferred to AUI which expands the available markets
for all its agents. All NFIB fax and phone numbers, including extensions will roll to AUI.
Source: Appalachian Underwriters Inc.
Topics Mergers & Acquisitions Commercial Lines Business Insurance Underwriting
Was this article valuable?
Here are more articles you may enjoy.
Aon Raises $13.5 Billion From Bond Sale to Fund USI Takeover 
‘Most Successful’ Hole-in-One Prize Insurance Operator Pleads Guilty to Fraud 
US Data Centers Set to Burn More Natural Gas Than Most Nations 
Florida Condo Manager, Contractor Charged in Alleged $186,000 Kickback Scheme 
