NSM Insurance Group News

NSM Insurance Group Acquires Embrace Pet Insurance

Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. No terms of the transaction were disclosed. Embrace offers an accident and illness insurance plan that is underwritten …

NSM Acquires Louisiana’s KBK Insurance Group

NSM Insurance Group has acquired the assets of Harahan, Louisiana-based program manager, KBK Insurance Group. With over 25 years of experience, KBK specializes in the towing and transportation industries. NSM Insurance Group is continuing to grow organically and through strategic …

NSM’s Vantage Acquires UK Personal Lines Broker Fresh Insurance in Redditch

U.S.-based NSM Insurance Group’s UK subsidiary, Vantage Holdings, has acquired Fresh Insurance Services Group Ltd,. an insurance broker based in Redditch, West Midlands that specializes in non-standard personal lines products, motor trade, van and travel insurance. Vantage Holdings was acquired …

White Mountains Buys Majority Stake in Program Manager NSM

Bermuda-based insurance holding company White Mountains Insurance Group is acquiring a majority equity stake in NSM Insurance Group (NSM), the specialty insurance program administrator. The transaction values NSM at approximately $388 million, according to the announcement. White Mountains said it …

NSM Insurance Names American Family’s Castellucci as Chief Operating Officer

NSM Insurance Group, a Conshohocken, Penn.-based insurance program administrator, has hired Marc Castellucci as chief operating officer. Castellucci has spent several years in a variety of claims leadership roles, most recently as the vice president of claims for American Family …

PMA’s Gara Joins NSM Insurance as Director of AllComp Solutions

Program manager NSM Insurance Group reports that James Gara has joined the company as program director of AllComp Solutions, NSM’s monoline workers’ compensation division. Gara brings casualty underwriting experience in the middle and national account arena. As a national account …

NSM Insurance Group Acquires TranSpec of Tennessee

NSM Insurance Group, the national leader of industry-specific insurance program administration, announced Tuesday that it has acquired TranSpec, a highly specialized transportation insurance broker located in Nashville. TranSpec specializes in designing and implementing insurance programs for trucking firms that utilize …

Pennsylvania’s NSM Insurance Group Hires Meuret

NSM Insurance Group, a Conshohocken, Penn.-based administrator of industry-specific programs, has hired Richard Meuret as program director of Care Providers Insurance Services, the social service and nonprofit division of NSM. Meuret brings more than 25 years of experience in the …

Pennsylvania’s NSM Insurance Hires Heckler as Executive Director of Marketing

NSM Insurance Group, a Conshohocken, Penn.-based program administrator of niche industry-specific insurance programs, has hired Grant Heckler as executive director of marketing. Heckler will be responsible for leading the marketing efforts across all business units. Heckler comes to NSM with …

Pennsylvania’s NSM Insurance Group Hires Hellings

NSM Insurance Group, a Conshohocken, Penn.-based program administrator of niche industry-specific insurance programs, has hired Charles Hellings as director of sales and marketing for Collector Car and Pet Insurance programs. Hellings will be responsible for driving sales and marketing initiatives …