August 8, 2016
NSM Insurance Group, an insurance program administrator based in Pa., has agreed to enter into a joint venture with Massachussetts-based private equity investment firm, ABRY Partners, and AIG. Through this partnership, NSM Insurance Group aims to quickly grow and diversify …
March 4, 2016
NSM Insurance Group, has acquired Heacock Classic, a division of Florida-based Heacock Insurance Group that provides collector car insurance. This marks NSM Insurance Group’s third acquisition in the collector car insurance industry. Heacock Classic, originally CollectorGuard, was established under the …
December 28, 2015
NSM Insurance Group, a program administrator based in Conshohocken, Pennsylvania, has hired Kyle McClellan as a producer on the NSM Retail sales team.
November 3, 2015
NSM Insurance Group, a program administrator based in Conshohocken, Pennsylvania, has hired Dan Mogelnicki as director of the Northeast region. He is based in New York City. In his role, Mogelnicki will be responsible for expanding NSM’s territorial reach in …
June 16, 2015
NSM Insurance Group has named Victoria Millard director of the Western region. Millard began her programs career 25 years ago in the MGA space, later migrating to the carrier side and managing programs nationally. Millard has worked for Lexington Insurance …
March 16, 2015
American International Group Inc. has agreed to acquire a controlling stake in NSM Insurance Group, a managing general agent and insurance program administrator, from ABRY Partners and NSM management. Terms of the deal were not disclosed. The transaction is expected …
December 3, 2014
NSM Insurance Group has named Larry Mattiello director of specialty aviation underwriters. Mattiello began his aviation insurance career 35 years ago and has experience in general aviation insurance, safety and risk management. He has worked with several aviation insurance companies …
October 2, 2014
NSM Insurance Group announced the acquisition of Specialty Aviation Underwriters (SAU), located in Addison, Texas. Founded over 20 years ago, SAU specializes in aviation products. NSM Insurance Group underwrites more than 20 admitted and non-admitted insurance programs nationally in very …
February 3, 2014
NSM Insurance Group announced it has acquired Professional Underwriters Agency Inc. (PUA), a managing general agent specializing in professional liability and located in Oak Brook, Ill. PUA was founded more than 30 years ago as a professional liability market for …
January 6, 2014
NSM Insurance Group, a national insurance program administrator based in Conshohocken, Penn., announced its acquisition of American Collectors Insurance in Cherry Hill, N.J. NSM Insurance Group said the acquisition of American Collectors Insurance, a provider of specialty insurance for collectibles …