April 2, 2018
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 …
March 12, 2018
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 …
March 12, 2018
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 …
February 9, 2018
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 …
December 21, 2017
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 …
October 5, 2017
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 …
October 4, 2017
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 …
July 19, 2017
NSM Insurance Group, a Conshohocken, Penn.-based program administrator of industry-specific insurance programs, has hired Jennifer Johnston as the Northeast regional underwriting manager for social services. In this role, Johnston will be responsible for overseeing new business development and renewal retention …
January 20, 2017
NSM Insurance Group, a Conshohocken, Penn., based property and casualty insurance services firm, has promoted John Buler to director of the NSM Retail department. NSM Retail provides commercial property and casualty insurance and risk management services to middle market businesses …
October 26, 2016
NSM Insurance Group, a Conshohocken, Penn., based insurance program administrator, has acquired Vantage Holdings, a U.K.-based collector car and outdoor leisure program administrator. The acquisition is subject to FCA approval. This move marks NSM Insurance Group’s first international acquisition and …