We wanted to make sure you are aware of some important news regarding our company. It was publicly announced on May 2, 2007 that our parent company, BISYS Group, has reached an agreement in principle to be acquired by Citi. The commercial insurance services division, which includes Tri-City Brokerage and BISYS Specialty Programs, will be simultaneously sold to JC Flowers, a private equity firm that is already in the wholesale P&C business as the owner of Crump Group, Inc. You can read the full press release on our website or by clicking this link.
We are pleased about the prospects brought by our new ownership and look forward to continuing to provide exceptional service and insurance solutions to you, our valued client. Should you have any questions, feel free to contact one of us personally.
Sincerely,
John Jennings David Tooley
President, Tri-City Brokerage President, BISYS Specialty Programs
212.293.3929 321.751.9320
jjennings@tricityins.com david.tooley@bisys.com