Anthony L. Johnson, chief executive officer of First Light Program Managers, Inc. and James A. Butler, president of Piedmont Transportation Underwriters, Inc. of Winston-Salem, North Carolina announced an agreement for First Light Program Managers to acquire substantially all of Piedmont’s assets effective September 1, 2017.
Piedmont, a managing general agency founded in 1991 by Jim Butler, has specialized in the trucking insurance industry, offering commercial auto liability, auto physical damage and motor truck cargo coverage on a wholesale basis in the Mid-Atlantic region of the United States. Butler and his associates will continue to operate at their existing office in Winston-Salem.
According to Butler, joining forces with First Light Program Managers will allow Piedmont to expand its market share.
First Light Program Managers is a managing general agency that offers specialty insurance products for various industries through a network of insurance agencies throughout the United States.
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