NSM Insurance Group acquires Specialty Aviation Underwriters

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Oct 02, 2014, 12:35 ET

CONSHOHOCKEN, Pa., Oct. 2, 2014 /PRNewswire/ -- Specialty Aviation Underwriters. (SAU) is the one of the premier providers of specialty aviation products. Located in Addison, TX, SAU was founded over 20 years ago specializing in aviation products.

NSM Insurance Group underwrites over twenty admitted and non-admitted insurance programs nationally in very specific niche markets including Architects and Engineers, Collector Cars, Coastal Condominium Associations, Social Service, Hospitality, Professional Liability for Lawyers & Dentists, Construction and Workers Compensation.

"Everyone knows that NSM Insurance is a niche specialist," said Geof McKernan, CEO, NSM Insurance Group. "I'm really excited about SAU. They are specialists in the aviation industry and that perfectly fits our model for class expertise, distribution and agent relationships. SAU is a tremendous platform which to expand and grow more deeply into the aviation industry. We will be expanding their capacity, their underwriting appetite and their territorial reach."

NSM Insurance Group is the national leader of insurance program administration with 9 offices strategically placed across the country in New Jersey, Pennsylvania, Illinois, Texas, Arizona and California. Dynamically growing both organically and through acquisition, our 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.

NSM Insurance group is aggressively seeking to acquire additional Program Managers and niche specific insurance businesses.

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SOURCE NSM Insurance Group