BOSTON–(Company WIRE)–One80 Intermediaries (A person80), a specialty insurance coverage broker headquartered in Boston, now announced the acquisition of Nationwide Insurance Company of Simpsonville, a Kentucky primarily based insurance policies broker that provides life and occupational incapacity insurance plan to qualified associations. Conditions of the deal have been not disclosed.
For above 60 yrs, National Insurance plan Company of Simpsonville (NIA) has presented unique lifestyle and incapacity coverage products and solutions to hundreds of attorneys, licensed community accountants, dentists and doctors all over the condition of Kentucky as properly as Arkansas. NIA features insurance methods that are not available by means of the common market, addressing incapacity cash flow fears, participation limits, underwriting limits, and submit-phrase daily life insurance policies renewals.
“The affinity space carries on to see accelerated activity all through the United States, and with that, Just one80 discovered the opportunity to leverage its major operational construction and technologies system to efficiently support this industry phase,” mentioned David Selman, Controlling Director, Just one80 Intermediaries. “The acquisition of Countrywide Insurance policy Agency of Simpsonville is 180’s 3rd acquisition in this area, setting up 180 as a dominant affinity business provider company in the United States,” he continued.
“We are fired up to sign up for A single80 Intermediaries in which we will spouse with Pearl Coverage and SelmanCo top affinity businesses who have also been acquired by the A single80 firm inside of the earlier eight months. I am confident that this strategic alliance will enable us to greatest support new and present clients, when providing the team with more development possibilities inside of an entrepreneurial and services-oriented culture,” explained Woodford Extensive, Running Director at Nationwide Insurance coverage Agency of Simpsonville, a division of A single80 Intermediaries.
About A single80 Intermediaries:
A person80 Intermediaries is a privately held firm with places of work all through the US and Canada. As a foremost insurance policy wholesaler and application manager, the organization features placement products and services and binding authority for home & casualty, specialist and individual strains, life insurance plan, and vacation/accident and wellness coverages. A single80 specializes in essential market verticals this sort of as health-related end reduction, cannabis captives, option threat, warranty protection and loan provider-dependent insurance. One80 serves commercial corporations, non-earnings, general public entities, persons and associations and unions, and has obtain to all important insurance coverage marketplaces in the US, Canada and Uk. One80 has offices in more than 40 locations in the US and Canada. For extra information and facts go to www.just one80intermediaries.com