Chicago-based managing general underwriter, AccuRisk Solutions LLC, is set to acquire the renewal rights to Great American Insurance Group’s book of Texas occupational illness and injury non-subscription business.
The parties have come to a mutual agreement of terms and AccuRisk will acquire the rights of the Texas non-subscription business upon the closing of the deal.
In a statement, AccuRisk CEO Dan Boisvert said the acquisition “reemphasizes AccuRisks’s commitment to be an industry leader in the Texas non-subscription market and to the occupational market in general.”
Craig Lindner, CEO of Great American Insurance Group, said his company’s “Texas non-subscription business model aligns with AccuRisk’s with further expansion and enhancement of the non-subscriber options available to employers within Texas.”
Great American Insurance Group is based in Cincinnati, Ohio.
Source: AccuRisk Solutions
Topics Trends Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
