MGT Partners completed the acquisition of CM Select from Church Mutual.

MGT Partners, a privately owned organization backed by experienced insurance executives and investors, completed the acquisition of CM Select, an insurance carrier that provides commercial P&C insurance to smaller religious and non-profit organisations, from Church Mutual, an insurer of religious organizations in the US. Financial terms were not disclosed. “Our mission behind MGT Insurance is simple – we want to make commercial P&C insurance easy and efficient by leveraging data and technology to eliminate unnecessary steps and streamline the process on the back end. We’re creating a better insurance experience for our sales partners and policyholders, and protecting what matters most to business owners across the US,” Graham Topol, MGT Insurance Co-Founder and Co-CEO.