K2 Insurance Services LLC News

K2 Insurance Services in California Names Smith President

San Diego, Calif.-based K2 Insurance Services LLC has named Mark Smith president. He has nearly 30 years of insurance experience, including underwriting, actuarial and finance leadership roles. He most recently spent four years at Marsh-owned MGU Victor. K2 Insurance Services …

For Specialty Insurance Firm K2, It’s Time for a New Private Equity Backer

San Diego, Calif.-based K2 Insurance Services LLC is in the process of recapitalizing with a new private equity firm, one of the owners has confirmed. Privately-held K2 is a specialty insurance services holding company with a diverse set of program …

K2 Insurance Acquires Assets, Operations of Nebraska’s Mid-America Risk Managers

K2 Insurance Services LLC (K2) has completed its acquisition of the assets and operations of Mid-America Risk Managers Inc. (MARM). MARM, based in Omaha, Nebraska, is a farm and agricultural focused specialty general agency that distributes specialty insurance products through …

Zurich North America, Allied Public Risk Partner on Public Sector Program

Schaumburg, Illinois-based Zurich North America has entered into an agreement with program administrator Allied Public Risk LLC to provide a full range of insurance coverage to select cities, towns, boroughs, counties and special service districts with populations under 100,000. Zurich …

K2 Acquires Waterplus, Fireplus And JPA Expirations From Alteris in California

K2 Insurance Services LLC has acquired the WaterPlus, FirePlus and JPA in-force expirations from San Francisco, Calif.-based Alteris Insurance Services Inc. Terms of the deal were not disclosed. Alteris President Paul Fuller and 20 of his colleagues will join K2 …

New Texas MGA to Focus on Residential Properties

A new managing general agency — Mission Select Insurance Services, LLC — has been formed in Texas with a focus on residential property. Mission Select, based in Argyle, was formed with the backing of San Diego, Calif.-based K2 Insurance Services …

K2 Acquires Majority Stake in Midwestern

San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage with a focus on transportation. Terms of the deal …