Reinsurance News
One80 Intermediaries
Brown & Brown to acquire Risk Strategies & One80 parent, Accession
10th June 2025
Brown & Brown has entered into an agreement to acquire RSC Topco, Inc., the holding company of Accession Risk Management Group, for a gross purchase price of $9.825 billion. For those unaware, established in 1997, Accession is the parent of Risk Strategies, a specialty brokerage firm, and One80 Intermediaries, an insurance ... Read the full article
One80 expands reinsurance offering with MGU Waypoint acquisition
19th November 2024
Specialty insurance broker One80 Intermediaries has acquired Waypoint Underwriting Management, LLC., a specialty reinsurance Managing General Underwriter (MGU) operating primarily in the United States. Terms of the deal were not disclosed. Jason Denechaud, Managing Partner, Waypoint, commented: “One80’s values are closely aligned with our focus on teamwork, transparency, accountability, and respect. ... Read the full article
Accession Risk Management Group secures $1bn to fuel growth and expansion
22nd August 2024
Accession Risk Management Group, the parent company of Risk Strategies and One80 Intermediaries, has secured $1 billion in financing to boost its growth and support continued expansion. The financing includes a $900 million delayed draw term loan, which increases the company's existing unitranche loan, and a $100 million increase to its ... Read the full article
One80 introduces GeneBridge reinsurance product for gene therapy
2nd July 2024
One80 Intermediaries (One80), an insurance broker based in Boston, announced the launch of GeneBridge, an innovative product designed to reduce the financial burden of high-cost gene therapy claims. Matthew Power, President, One80, commented: “With the number of gene and cell therapies expected to double over the next two years, we saw ... Read the full article
One80’s new AI warranty coverage to protect enterprises against unreliable AI models
29th May 2024
One80 Intermediaries, a specialty insurance broker, has announced the launch of artificial intelligence (AI) warranty coverage. Described as it to be the first of its kind warranty product, it was designed to protect enterprises and third-party AI vendors against losses related to unreliable AI models. According to experts, third-party AI tools will ... Read the full article
One80 expands homeowners’ coverage to Oregon
28th May 2024
Specialty insurance broker One80 Intermediaries, in partnership with the Oregon FAIR Plan Association, has announced the expansion of its homeowners’ coverage throughout the state of Oregon, US. Effective immediately, One80 and its carrier partners will be offering wrap-around coverage - also known as Differences in Conditions or DIC - which will ... Read the full article
Risk Strategies & One80 to operate under new Accession Risk Management Group brand
18th October 2023
Risk Strategies and One80 Intermediaries have announced an internal reorganisation to operate under the newly introduced Accession Risk Management Group parent brand. As per the announcement, Accession Risk Management Group will represent the family of specialty insurance distribution and risk management companies, operating under common ownership of their private equity sponsor, ... Read the full article
One80 Intermediaries acquires Enviant
14th September 2023
Specialty insurance broker One80 Intermediaries, headquartered in Boston, has acquired the assets of Enviant from Euclid Program Managers. Enviant is based in Houston, Texas, and focused exclusively on providing a comprehensive suite of environmental products and services to a range of commercial clients. Since 2016, Enviant has been part of the Euclid ... Read the full article
One80 acquires MGA GMI Insurance
29th August 2023
One80 Intermediaries, a specialty US insurance broker, has acquired Managing General Agent, GMI Insurance (GMI). Terms of the deal were not disclosed. Established in 1980, GMI specialises in commercial transportation and related insurance. The company initially focused on auto rental coverage and diversified its offerings to include a market leading, monoline ... Read the full article
One80 Intermediaries names Jonathan Legge as Senior MD, Private Equity & Transactional Liability
25th July 2023
One80 Intermediaries, a leading specialty insurance broker, has announced the appointment of Jonathan Legge as Senior Managing Director, Private Equity and Transactional Liability. In this new role, Legge will be responsible for supporting One80's retail trading partners in safeguarding insured parties from exposures associated with mergers and acquisitions. His solutions will focus ... Read the full article
One80 names Blake Swearengin National Casualty Practice Leader
7th June 2023
One80, a specialty insurance broker, has announced the appointment of Blake Swearengin to the role of National Casualty Practice Leader. The broker’s National Casualty Practice places business on behalf of insurance brokers throughout the United States and represents major carrier partners in the United States, United Kingdom and Asia. In his new ... Read the full article
One80 acquires Executive Benefits Group
24th February 2023
One80 Intermediaries, a specialty insurance broker headquartered in Boston, has entered the employee benefits space with the acquisition of Executive Benefits Group (EBG). Terms of the deal were not disclosed. Based in Charlotte, North Carolina, EBG offers a comprehensive suite of executive benefit solutions including corporate supplemental disability income protection programs ... Read the full article
Rick Grimes named National Wholesale Practice Leader of One80 Intermediaries
19th January 2023
Specialty insurance broker One80 Intermediaries has appointed Rick Grimes as National Wholesale Practice Leader. In the role, Grimes will lead One80’s wholesale distribution strategy for key lines of business, which includes property, casualty, financial lines, excess, life sciences and environmental coverages. Prior to this appointment, Grimes served as Managing Director & Financial ... Read the full article
One80 acquires Comprehensive Planning – Goodman LLC.
17th November 2022
One80 Intermediaries, a specialty insurance broker, has acquired Comprehensive Planning – Goodman LLC. (CPG), an independent brokerage and managing general agency specialising in life insurance. According to the announcement, this move marks One80’s second major acquisition in the life insurance space, firmly establishing offerings in all 50 states. Boston-based CPG was established ... Read the full article
One80 acquires Asian American insurer C&M First Services
28th September 2022
One80 Intermediaries, a specialty insurance broker, has acquired C&M First Services, a full-service brokerage firm that provides commercial and personal lines insurance to Asian American retail brokers throughout the United States. According to the announcement, by acquiring C&M First, the company is launching its Asian American distribution practice. The terms of ... Read the full article
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