NSM Insurance Group Acquires Insurex Workers’ Comp Brokerage

NSM Insurance Group has acquired Insurex, a California-based workers’ compensation brokerage. The acquisition “immediately expands our ability to provide new national workers’ compensation markets to our independent agent and broker customers” said Dan McCarthy, CEO, Insurex. Meanwhile, NSM believes the acquisition will leverage its marketshare in the property/casualty marketplace on the west coast, said Geof McKernan, CEO, NSM Insurance Group.

“We continue to aggressively seek program administrator or specialty underwriting acquisitions in the southeast and southwest states,” Geof added.

For more information, e-mail smckernan@nsminc.com.

Topics Mergers & Acquisitions Agencies Workers' Compensation