NSM Insurance Group adds to its growing travel insurance portfolio with two leading U.K. brands.
Tag: NSM Insurance Group
NSM Insurance Group Acquires Two Leading U.K. Travel Insurance Brands
NSM Insurance Group, a global specialty insurance provider with more than $1.6B in premium across 25+ niche insurance programs, today announced that it has signed a definitive agreement to buy InsurEVO.
NSM Insurance Group Acquires Construction Specialist Shield Commercial Insurance Services
The nation’s leading specialty insurance provider NSM Insurance Group said Monday it completed its acquisition of Shield Commercial Insurance Services.
Revenues Earned Globally by MGAs, MGUs, and Coverholders Grew by Around 19%
According to an updated ranking and analysis completed by Insuramore, the value of revenues earned worldwide by MGA, MGU and coverholder groups was about $17.3 billion in 2022, signifying annual growth in this sector of around 19% before adjusting for inflation.
Brian Neilson Joins Professional Underwriters Agency, A Division of NSM Insurance Group
PUA (Professional Underwriters Agency), a division of NSM Insurance Group, recently hired a new member to its team, Brian Neilson, as Assistant Underwriter. PUA specializes in underwriting Architects and Engineers (A&E), Design Build & Contractors, and other lines of non-medical Professional Liability/Errors & Omissions insurance. Brian is a recent graduate of San Diego State University… Continue reading Brian Neilson Joins Professional Underwriters Agency, A Division of NSM Insurance Group
Carlyle to Acquire NSM Insurance from White Mountains in $1.78 Billion Deal
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 close in the second half of this year. The transaction is expected to add $280… Continue reading Carlyle to Acquire NSM Insurance from White Mountains in $1.78 Billion Deal
NSM Insurance Group Launches Instec Platform for State-of-the-Art Quoting System
NSM Insurance Group, the nation’s leading specialty insurance provider, has deployed the Instec Policy system to quote, bind, issue and renew insurance policies for several of its specialty commercial insurance programs. As the leader in delivering more than 20 industry-specific insurance programs across a myriad of diverse industries, NSM is streamlining the quote submission process… Continue reading NSM Insurance Group Launches Instec Platform for State-of-the-Art Quoting System
NSM Insurance Group Acquires Embrace Pet Insurance
Conshohocken-based NSM Insurance Group has acquired Cleveland-based Embrace Pet Insurance. Embrace is a nationwide provider of pet health insurance for dogs and cats. Geof McKernan, CEO of NSM, said, “We are excited to continue our expansion in North America with Embrace. Embrace provides us with a strong platform to accelerate our growth in the pet… Continue reading NSM Insurance Group Acquires Embrace Pet Insurance