Cobbs Allen has hired industry veterans Paul Sparks and Darren Sonderman to lead its new specialty insurance brokerage.
Sparks and Sonderman each bring more than 25 years of experience from founding and leading the Financial Services Division of McGriff, Seibels & Williams, Inc.
The new venture is focused on providing complex risk products for corporate and private equity clients. It will combine structured capabilities with insurance brokerage services to offer clients more alternatives utilizing risk- taking capacity from both the insurance and private capital markets.
According to Sparks, the new company will be private, and majority controlled by employees.
The business will be announcing the hiring of additional key leaders, along with further details concerning the platform, in the coming weeks.
Cobbs Allen is an independent, national agency focused on enterprise risk management in niche practice groups. Founded in 1887 and headquartered in Birmingham, Ala., Cobbs Allen has offices in Columbus, Houston, New Orleans, New York City, Kansas City, Mobile and Tulsa. The firm is still owned and led by its employees.
Topics Agencies Excess Surplus Alabama
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