Monday, July 7, 2008

NSM Group Acquires New Liability Coverage

Geof McKernan, CEO, NSM Insurance Group, announced the acquisition of a specialty underwriting group focused on Professional Liability coverage targeting P&C Insurance Agencies. This new group will include Wholesalers, Retailers, MGAs and Program Administrators, plus a distinctive new program for Accountants Professional Liability.

"I am pleased to announce that our Professional Liability Program team is lead by three of the leading experts in the field of E&O coverage," said McKernan. "Program Managing Director Ed Velasquez, with Directors Arun Chanana, and Charles Antwine, (all formerly of Arrowhead General Insurance Agency Inc.) have over 75 years of senior underwriting experience combined in the area of Professional Liability. Errors & Omissions coverage from our A XV carrier is available immediately in all 50 states."

"We continue to aggressively seek new acquisition opportunities in the southeast and southwest states, and grow in direct response to the needs of our over 4,200 contracted agents. Professional Liability is a terrific addition to our Program Business Division," continued McKernan.

For more information regarding NSM Insurance Group products and services, contact Susie McKernan, director of Business Development, at 800-970-9778 x144 or e-mail

No comments: