Insurance Specialty Group, LLC, (ISG) the parent company of Pacific Wholesale Insurance Brokers, said it has acquired El Segundo, Calif.-based E.L.M. (Executive Liability Managers) Insurance Brokers. Transaction terms were not released.
Atlanta-based Insurance Specialty said the deal would create a wholesale brokerage firm with combined revenue of $150 million.
The company said E.L.M. has 20 employees throughout California and the combined operations will bring together a total of 10 offices throughout the United States. E.L.M. will continue to operate under its own name as part of ISG.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
