NSM Insurance Group acquires American Collectors Insurance, a premier Collector Car Insurance Program.

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Jan 07, 2014, 05:00 ET

CONSHOHOCKEN, Pa., Jan. 7, 2014 /PRNewswire/ -- The acquisition of American Collectors Insurance triples the collector car business NSM Insurance Group currently insures.

American Collectors Insurance has been insuring Collector Cars and other collectibles for over 40 years. American Collectors has earned the reputation for in depth knowledge of collector cars and other collectibles, offering broad coverage, agreed value, inflation guard protection and unmatched personal service.

NSM Insurance Group is the national leader of insurance program administration with 8 offices strategically placed across the country from New Jersey to California. Dynamically growing both organically and via acquisition, completing five acquisitions in the past three years.

"As a collector myself," said Geof McKernan, CEO, NSM Insurance Group, "I am very pleased to be associated with such a top notch business. We are looking forward to growing and expanding American Collectors."

NSM Insurance Group underwrites over twenty admitted and non-admitted insurance programs nationally in very specific niche markets.

NSM Insurance Group's unique model of blending innovative marketing, profitable underwriting discipline, and state of the art back-room processes, creates a corporate culture of profitability and growth. The Company's insurance programs include Collector Cars, Coastal Condominium Associations, Social Service, Hospitality, Professional Liability for Lawyers & Dentists, Construction and Workers Compensation.

NSM Insurance group is aggressively seeking to acquire additional Collector Car Businesses as well as other Program Managers and niche specific insurance businesses.

SOURCE NSM Insurance Group