NSM Insurance Group News

NSM Insurance Acquires Florida-Based Heacock Classic

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 …

NSM Insurance Group Hires McClellan as Producer in Pennsylvania

NSM Insurance Group, a program administrator based in Conshohocken, Pennsylvania, has hired Kyle McClellan as a producer on the NSM Retail sales team.

NSM Insurance Group Hires Mogelnicki as Northeast Region Director

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 …

NSM Insurance Group Names Millard Western Region Director

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 …

AIG Buys Controlling Interest in Program Manager NSM Group

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 …

NSM Insurance in Texas Names Mattiello Director of Specialty Aviation

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 …

NSM Insurance Group Acquires Texas-Based Specialty Aviation Underwriters

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 …

NSM Insurance Group Acquires Professional Underwriters Agency

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 …

NSM Insurance Group Acquires American Collectors Insurance

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 …

NSM Insurance Group Acquires California Broker ELM

NSM Insurance Group has acquired Executive Liability Managers Insurance Brokers in California. ELM is a 25-year-old professional liability wholesale insurance brokerage with three offices in California. The acquisition diversifies NSM’s national market for admitted and non-admitted business, according to a …