Western Security Surplus Acquires Houston Surplus Lines

Western Security Surplus (WSS), part of the XPT Group, has acquired Texas-based Houston Surplus Lines (HSL).

HSL is an excess and surplus lines general agency founded in 1994 and is currently managed by Barbara Partlow and Carol Gardner. HSL has long-standing binding authority contracts with some of the best A rated surplus lines carriers, along with a solid list of brokerage markets for the harder to place risks.

WSS is headquartered in Plano, Texas, with employees also located in California. Since 1981, WSS has been providing retail brokers an increasing line of Commercial and Personal Lines products, with access to both admitted and non-admitted markets.

This acquisition is the seventh by XPT, specialty insurance distribution company. Other acquisitions include preceded by LP Risk, WSS, WE Love & Associates (WEL), SVA Underwriting (SVA), Klein & Costa (K&C) and Sierra Specialty (Sierra).

Source: XPT Group, WSS

Topics Mergers & Acquisitions Excess Surplus