Tuesday, January 6, 2009

FCCI Acquires Mississippi Insurance Managers

FCCI Insurance Group (FCCI), a Sarasota, Florida-based commercial property and casualty insurer writing in excess of $500 million written premium in 14 states, has purchased Mississippi Insurance Managers and, as a result, owns the remaining 20 percent of Brierfield Insurance Company, a P&C carrier with offices in Jackson, MS. FCCI has owned 80 percent of the company since its beginning in 1999.

FCCI will retain an office in Jackson under the leadership of Tom Quaka, Brierfield’s president at the time of the acquisition. Approximately 35 employees who helped build about $30 million in written premium for the company will also remain.

In addition to Brierfield Insurance Company, FCCI Insurance Group companies include: FCCI Insurance Company, National Trust Insurance Company, FCCI Commercial Insurance Company, Monroe Guaranty Insurance Company, and FCCI Advantage Insurance Company.

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