Announced
Completed
Synopsis
United Risk, an international property and casualty insurance underwriting and distribution platform, completed the acquisition of Verita CSG, a licensed property and casualty insurance agency, from WTW, a global advisory, broking, and solutions company. Financial terms were not disclosed. "Verist (Verita CSG) will sustain and grow its presence as a top MGA for business risks in real estate, hospitality, leisure, financial institutions, professional services, and life sciences including property, general liability, workers' compensation, auto, umbrella/excess liability, and financial lines coverages. Verist's specialty product offerings will continue to include active assailant, clinical trials, pandemic, and other such in-demand features, giving Verist a decided edge as a market specialist," Rick Christofer, United Risk CCO.
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