“We realized with the growth of the R&W insurance space showing no signs of slowing down any time soon, there was a big opportunity to use our RWX platform in the capacity as a wholesale program for other intermediaries to benefit”, Kirk Sanderson, Managing Partner of M&A Insurance Solutions, said. The R&W insurance market alone in 2019 placed 2,000+ transaction policies with cumulative limits and premiums surpassing $40B and $1B, respectively.
With average brokerage revenues for a single R&W policy upwards of $100,000, brokers with this specialized skillset are being handsomely rewarded for their efforts. Conversely, the lack of such a skillset means many brokers with perfectly good relationships in the M&A community, are losing this business to large brokers eager to capitalize on these opportunities. “We want to make sure other retail shops are able to support their longstanding relationships and do so with the confidence that their wholesale partner is including them every step of the way”, said Sanderson. The RWX Specialty Wholesale platform was built to allow full transparency into every step of the underwriting process with all stakeholders, including the brokers team, having the same access and oversight of a shared roadmap from start to finish.
Kirk Sanderson has worked within the M&A/R&W space since 2012 and has seen just about every industry, size, or deal structure over this time. M&A Insurance Solutions advises on 100+ transactions each year with deal sizes ranging from $35M to more than $500M and has relationships with all the top markets within the R&W space. “When you work with us, you get the same markets, policies, and coverage as the larger brokers but with the personal touch and responsiveness a small boutique shop brings, along with transparency that only RWX can provide.”
If you have a deal or M&A relationships that could benefit and/or would like to learn more about our RWX Specialty Wholesale program please call Kirk at (917) 656 2476 or email kirk@rwpolicy.com.