California’s Woodruff-Sawyer Buys Western D&O from Carpenter Moore

October 6, 2009

California insurance agency Woodruff-Sawyer & Co. has acquired the Western region direct practice of Carpenter Moore from NASDAQ OMX Group Inc., according to the company.

The Western region direct practice, based in San Francisco,
encompasses its established directors and officers insurance business with more than 60 clients based primarily on the West Coast. This combination of Woodruff-Sawyer and the Western region practice does not include Carpenter Moore’s Eastern region practice, based in New York.

The release did not discuss the terms of the transaction.

As part of the transaction, Susan Miner of Carpenter Moore will join the firm as a senior director in its Corporate and Executive Protection Practice. Miner, an executive liability expert and a 20-year industry veteran, will reunite with former Carpenter Moore executives
Lauri Floresca and Norman Allen, who joined Woodruff-Sawyer last month, the release said.

Miner has nearly 20 years of industry experience. Most recently she was vice chairman of Carpenter Moore where she focused on client service and new business development. Prior to Carpenter Moore she worked in Intel’s R+D division, and later as a product manager for BioRad Laboratories, Inc.

Topics Mergers California Directors Officers

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