Risk Specialists Companies Inc., a member company of New York-based American International Group Inc., said it acquired Guild Underwriters Napa Inc. and its affiliated companies. Terms of the deal were not disclosed.
Guild Underwriters, doing business as “SRO Napa,” was owned by Toronto-based Fairfax Financial Holdings Limited.
SRO Napa is a California-based managing general underwriter that produces and underwrites excess casualty and other specialty casualty insurance products through three U.S. regional offices in Napa, Calif.; North Olmsted, Ohio; and West Hartford, Conn. The company would not provide any additional details.
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