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
Was this article valuable?
Here are more articles you may enjoy.
KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
How Insurers Know When It’s Time to Scale AI 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
