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
- Industry
- Financial Services
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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