Specialty insurance broker, One80 Intermediaries has announced that it has acquired Seacoast Specialty Administrators – a New York based wholesale broker and program manager that specialises in the commercial marine industry.
Seacoast was established in 1997 and is a family owned and operated business that specialises in commercial marine risks such as commercial fishing vessels, inspected vessels, and uninspected passenger vessels.
The company’s key lines of business include Hull, Protection and Indemnity, Pollution, and Marine Liabilities.
The firms production staff are located in the Mid and North Atlantic region, as well as the Pacific Northwest.
“I have a longstanding relationship with the team at Seacoast and am thrilled to welcome them onboard,” said Christopher L. Pesce, National Programs Practice Leader, One80 Intermediaries.
“I have always been extremely impressed with their specialty niche focus on commercial Hull and Protection and Indemnity coverage, as well as their reputation as highly skilled underwriters who provide outstanding service to their brokers and insureds,”
Jane Saliba, Principal at Seacoast Specialty Administrators, Inc., a division of One80 Intermediaries, commented, “We are thrilled to join the One80 team. We feel One80 offers a strong cultural fit as it is known for its integrity and deep marine capabilities, and will offer our employees continued stability and growth.”
Will Wells, Principal at Seacoast Specialty Administrators, Inc., a division of One80 Intermediaries, added, “At Seacoast we place the highest priority on prompt and effective service while maintaining strong relationships with like-minded marine specialist brokers. Joining the One80 team provides the ability to further expand our platform and capabilities to deepen relationships with our brokers and insureds throughout the marine insurance community.”
