American E&S Acquires Network E&S’ Brokerage Business

April 1, 2008

American E&S Insurance Brokers of San Francisco has acquired Network E&S’ brokerage book of business. Network E&S, a California-based wholesale broker, has agreed to sell the renewal rights of its existing brokerage business, along with the current in-force brokerage business.

“In addition to acquiring Network’s book of business, we are excited to welcome Dina Zuger, who ran Network’s San Francisco office, to our team,” said Denis Brady, president of American E&S. “We are working hard to ensure a smooth transition and expect a positive outcome for everyone involved.”

Topics Mergers & Acquisitions Agencies Excess Surplus

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Latest Comments

  • April 3, 2008 at 1:32 am
    Lots of Free Time says:
    It's amazing to me how much time and energy has been exhausted on this insignificant transaction. You must all have lots of free time.
  • April 2, 2008 at 3:34 am
    The Truth says:
    The formula for how a wholesale operation is run is fairly simple when you get down to it. Producers establish and maintain relationships with retail clients; those relationsh... read more
  • April 2, 2008 at 2:03 am
    WOW says:
    When expenses exceed revenue for 3 years --- well you get dumped!!!

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