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Announced

Completed

One80 Intermediaries completed the acquisition of Strategic Underwriting Managers.

Synopsis

One80 Intermediaries, a wholesale broker, program manager, and insurance aggregator, completed the acquisition of Strategic Underwriting Managers, a Canada-based Managing General Agent for property, casualty, and other specialty insurance products. Financial terms were not disclosed. "We have full authority on each of the programs we underwrite and are proud of the long relationships with each company with whom we trade. In joining One80 we look forward to developing additional capacity, and introducing new products and innovations into Canada." Jeff Somerville, Strategic Underwriting Managers President.

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