Broker firm One80 Intermediaries has acquired Agentic for an undisclosed amount.
A statement from One80 said that Agentic is a privately owned specialty wholesale operation providing highly consultative brokerage services for professional lines products including errors and omissions, management liability, cyber liability, media liability, allied healthcare and environmental.
Matthew F. Power, president of One80, said: “One80 is committed to the financial lines space and to that end, we have now acquired five highly specialized, financial lines specialty firms throughout the United States.
“I have been very impressed with Agentic’s level of expertise and consultative approach to wholesale brokering.”
One80 has been on an acquisition spree in recent months. The firm acquired SelmanCo at the beginning of last month, a purchase that followed its acquiring ProSurance Group in March, Seacoast Specialty Administrators in April, and VFIS in June. It also acquired, over January and February, the firms Pearl Insurance, Innovative Risk Management, and Professional Risk Solutions.
