U.S. Risk to Acquire Florida-Based Strategic Program Managers

U.S. Risk Insurance Group, Inc. has entered into an agreement involving the acquisition by U.S. Risk of an undisclosed ownership interest in Florida-based Strategic Program Managers, a specialist trucking MGA and broker. The combined premium volume in this class will exceed $60 million.

U.S. Risk Insurance Group, Inc. is a specialty lines underwriting manager and wholesale broker headquartered in Dallas. Operating 16 domestic and international branches, it offers a range of products and services through its affiliate companies, which include U.S. Risk Underwriters, U.S. Risk Brokers, U.S. Risk Financial Services, U.S. Risk Solutions, Inc., Unisource Program Administrators, Advocate Reinsurance Partners, LLC, Oxford Insurance Brokers, Ltd. (UK), James Hampden International Insurance Brokers Ltd. (UK), Lime Underwriting Ltd. (UK), Antarah FZE (UAE), and Abraxas Insurance A.G. (Zurich).

Strategic Program Managers dba Strategic Insurance Underwriters specializes in underwriting, marketing, and administering commercial transportation insurance programs throughout the Midwest & Southeast via a select network of independent retail brokers.

Topics USA Mergers & Acquisitions Agencies Florida