Tangram Insurance Services Acquires Preferred Reinsurance Intermediaries

December 31, 2023

Tangram Insurance Services, a national managing general agency and program manager, acquired Preferred Reinsurance Intermediaries effective December 31, 2023. The deal expands Tangram's capabilities into the reinsurance brokerage market and brings Preferred Re's reinsurance placement, specialty program development, and alternative risk capacity sourcing expertise into Tangram's platform; terms were not disclosed.

Buyers
Tangram Insurance Services, Inc.
Targets
Preferred Reinsurance Intermediaries
Location
South Carolina, United States
Transaction Type
Buyout

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