Announced
Completed
Synopsis
NSM Insurance Group, a specialty insurance provider, completed the acquisition of Shield Commercial Insurance, a company that specializes in specializes in insurance solutions for the general contractor and construction liability space. Financial terms were not disclosed. "We are energized to continue our series of strategic acquisitions in the U.S. and U.K. with Shield. Shield is a fast-growing and best-in-class business with exceptional underwriting and a profitable track record. They are a perfect fit for our B2B portfolio of dynamic, specialized businesses. We will accelerate their growth by expanding their geographic footprint and national distribution with our robust network of 15,000+ agent partners across the country," Bill McKernan, NSM Insurance Group President.
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