Victor O. Schinnerer & Co. on Monday announced an agreement to acquire SeaFire Insurance Services, a Kansas-based managing general underwriter focused on providing property/casualty solutions for the auto dealership and auto repair market.
All of SeaFire’s leadership and employees will join Schinnerer and will remain in their current Overland Park, Kan. location. Dennis Kane, president of SeaFire, will continue to lead the business.
SeaFire’s product offering includes garage liability, property, pollution, auto physical damage and umbrella liability written through several insurers.
The acquisition is part of Chevy Chase, Md.-based Schinnerer’s broader strategy to continue growing its specialty P/C portfolio, which already includes solutions for oil and gas contractors, loggers, and public entities, in addition to specialty products like builders risk, the firm stated.
Topics Mergers & Acquisitions Kansas
Was this article valuable?
Here are more articles you may enjoy.
Lululemon Slips as Texas Announces Probe of ‘Forever Chemicals’ 
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies 
