Quaker Special Risk (QSR), of Sea Girt, N.J., excess and surplus lines insurance brokers exclusively serving retail brokers since 1960, has sold its southeast wholesale brokerage office to Charlotte, N.C.-based American Wholesale Insurance Group (AmWINS). The decision was described by Frank Walsh, QSR president and CEO, as collaborative and strategic in nature. As a result of the sale of the branch, West Palm Beach, Fla. will become QSR’s regional branch office to service retail brokers in the southeast. QSR has offices in Massachusetts, New York, New Jersey, Pennsylvania, and two in Florida. It is looking to the West Coast for continued expansion.
Topics Mergers & Acquisitions Agencies
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