NSM Insurance Group Acquires Strategic Underwriters International
June 4, 2024
NSM Insurance Group has completed the acquisition of Strategic Underwriters International (SUI), a Doylestown, Pennsylvania-based managing general agent (MGA) and leader in the facultative casualty reinsurance market. The deal expands NSM's specialty insurance capabilities in facultative casualty reinsurance and aims to leverage NSM's resources — including product development, technology systems and AI initiatives — to grow SUI's underwriting platform.
- Buyers
- NSM Insurance Group
- Targets
- Strategic Underwriters International
- Industry
- Insurance
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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