Colemont Global Group, the international division of wholesale insurance broker AmWINS Group, Inc., has acquired a majority share of CMK Insurance Brokers Company Limited.
CMK Insurance Brokers will operate under the trade name Colemont Korea Insurance Brokers Limited, according to the firm.
Terms of the transaction were not disclosed.
CMK Insurance Brokers is located in Seoul, and is led by Kyo-Joon Son. It specializes in insurance and reinsurance for the marine and construction industries.
Son will take over as managing director of Colemont Korea.
Source: AmWINS/Colemont
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Travelers to Expand Homeowners Insurance Offering in California
NYC Begins 10 Days of Flying Taxis With Manhattan-JFK Flights
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme
AIG Completes CEO Succession Plan With Anderson to Take Reins 

