Global specialty insurance broker NSM Insurance Group has completed its acquisition of Strategic Underwriters International (SUI). Based in Doylestown, Pennsylvania, SUI is a managing general agent (MGA) in the casualty facultative reinsurance marketplace. SUI offers facultative casualty reinsurance for several …
NSM Insurance Group acquired Shield Commercial Insurance Services in Palm Desert, California. Shield specializes in insurance solutions for the general contractor and construction liability space. Shield is focused on underwriting business for small and mid-sized contractors, offering coverages for general …
Pennsylvania-based insurance program specialist NSM Insurance Group has completed its acquisition of three businesses that specialize in the field of medical stop loss insurance and managed care insurance. The firms are Sequoia Reinsurance Services in Minnesota, and IOA Re’s two …
Private equity firm Carlyle Group Inc. told Reuters on Monday it has agreed to acquire U.S. specialty insurance provider NSM Insurance Group from White Mountains Insurance Group Ltd. for $1.78 billion in cash. Carlyle said the deal is expected to …
Richardson, TX, October 11, 2021 – Genesis Resources acquires Randall Hedlund and his myriad of Insurance expertise. Randall will be driving organizational change and process improvement across all Genesis brands while building interdepartmental success within Genesis and their partners. His …
NSM Insurance Group (NSM), a Pennsylvania-headquartered managing general underwriting agency and program administrator for specialty insurance programs, has entered into a definitive agreement to acquire Kingsbridge Group Ltd., a provider in the UK of specialist insurance for skilled contractors and …
Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. No terms of the transaction were disclosed. Embrace offers an accident and illness insurance plan that is underwritten …
NSM Insurance Group has acquired the assets of Harahan, Louisiana-based program manager, KBK Insurance Group. With over 25 years of experience, KBK specializes in the towing and transportation industries. NSM Insurance Group is continuing to grow organically and through strategic …
U.S.-based NSM Insurance Group’s UK subsidiary, Vantage Holdings, has acquired Fresh Insurance Services Group Ltd,. an insurance broker based in Redditch, West Midlands that specializes in non-standard personal lines products, motor trade, van and travel insurance. Vantage Holdings was acquired …
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 …
