Midlands Management Corp., a managing general agent, wholesale broker, program administrator and insurance services provider headquartered in Oklahoma City, has been acquired by multi-line specialty insurance carrier Safety National Casualty Corp.
As a result of this transaction, Midlands Management Corp. is now a wholly-owned subsidiary of Safety National and a member of the Tokio Marine Group.
Safety National’s and Midlands’ executive teams remain intact and the acquisition has no effect on day-to-day operations. There are no plans to make any personnel changes and Midlands’ headquarters will remain in Oklahoma City.
Midlands Management specializes in work injury benefits, especially excess workers’ compensation, Texas non-subscriber and occupational accident.
Safety National, a specialty insurance and reinsurance provider, has been in operation for more than 75 years.
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