Revau’s Strategic Merger Marks a New Era in North American Specialty Insurance

Revau Advanced Underwriting has taken a bold leap forward with the announcement of a transformational merger involving Brazos Specialty Risk Insurance and Twenty Mile Insurance Services.

Published on May 15, 2025

Revau

Revau Advanced Underwriting has taken a bold leap forward with the announcement of a transformational merger involving Brazos Specialty Risk Insurance and Twenty Mile Insurance Services. This strategic move, unveiled on May 12, 2025, significantly enhances Revau’s presence in the United States and sets the stage for its continued expansion across North America.

Strengthening a North American Specialty Insurance Powerhouse

Montreal-based Revau, a prominent managing general agent (MGA) in Canada’s property and casualty insurance market, has partnered with two high-performing Texas-based MGAs — Brazos and Twenty Mile. Brazos brings deep expertise in specialty trucking insurance, while Twenty Mile offers a strong foothold in construction-related liability solutions. Together, they form a unified entity with expanded operational capabilities and geographic reach.

This merger positions Revau as a pre-eminent player in North America’s specialty insurance market, leveraging the combined group’s underwriting excellence, technological infrastructure, and market specialization.

Uniting Data-Driven Capabilities with Industry Expertise

At the core of the merger is a shared commitment to innovation and data intelligence. Brazos and Twenty Mile contribute robust, data-rich underwriting frameworks, which Revau will amplify through its advanced analytics platform and digital infrastructure. This integration provides:

  • Deeper insight into risk, customer behavior, and market trends
  • Faster decision-making through real-time, data-informed intelligence
  • Innovative product development by identifying untapped opportunities
  • Operational efficiency that reduces costs and boosts productivity

This new data ecosystem is expected to generate smarter underwriting, enhance claims operations, and support scalable growth.

Leadership Continuity and Cultural Synergy

Key to the merger’s success is the integration of leadership. Tom Spitalny (President of Brazos) and Christopher Polk (President of Twenty Mile and CEO of both MGAs) will remain in place and become shareholders in Revau as part of a cash-and-equity structure. Together with Revau’s executive team, they’ve already launched collaborative efforts to align underwriting, claims, technology, and company culture.

By retaining the expertise and relationships cultivated by Brazos and Twenty Mile, Revau ensures continuity in service quality and local market knowledge.

A Defining Milestone in Revau’s Growth Journey

This is the eighth — and most significant — transaction for Revau since its 2020 partnership with private equity firm Novacap. It exemplifies Revau’s ambition to evolve from a domestic MGA into a continental force capable of delivering customized insurance solutions at scale.

President and CEO Jean-François Raymond emphasized the milestone, stating, “We are thrilled to collaborate with such an experienced and talented group, building a strong partnership model that delivers value for all stakeholders and sets the stage for future success.”

Looking Ahead

This merger signals more than just expansion — it reflects a shared vision for redefining specialty insurance through technology, data, and partnership. As the integration unfolds, brokers, carriers, and policyholders across North America can expect enhanced capabilities, deeper insights, and greater access to innovative insurance solutions.

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