Monday, January 5, 2009

Rockwood Programs Partners to Form New Sub

Rockwood Programs has partnered with Modern Insurance to establish a new subsidiary company. The new enterprise – named Modern Insurance Consultants, LLC – will focus on its core expertise of Errors and Omissions (E&O) insurance for Insurance Agents, Insurance Companies, and Miscellaneous Professional Liability classes.

"We feel this new arrangement capitalizes on the unique strengths of each partner,” said Glenn Clark, Rockwood’s president. “Mark Lann (Modern’s president) and his team have a proven track record of success in the E&O arena. Rockwood Programs possesses the markets, distribution outlets, and legal status to transact business on a national scale. Our aggregated resources will be used to bolster our business relationship with two key groups - Target Markets and the Strategic Independent Agent’s Alliance (SIAA) members. The partnership will also benefit the P&C agent retail community, as we will be able to offer a wider array of pricing and coverage term options.”

Mark Lann will serve as the president and CEO of the new entity. The operation will be located in Homestead, Florida.

Interested parties can learn more about Modern Insurance Consultants LLC by contacting Clark toll-free at 800-558-8808.

1 comment:

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