Bridge Specialty Group, a subsidiary of Brown & Brown, has announced the launch of Bridge Specialty Insurance Brokerage, a new unified brand that brings together its national brokerage entities.
The move combines legacy operations from ECC Insurance Brokers, MacDuff Underwriters, Peachtree Special Risk Brokers, and RLA Insurance Intermediaries under a cohesive operating brand. Although Apex Insurance Agency is also part of Bridge Specialty Insurance Brokerage, it will continue to operate using the Apex brand in the market. The newly unified brokerage boasts a nationwide reach, with offices spanning from Eugene, Ore., to Boca Raton, Fla., to Boston.
Karl Snearer and John Vedder have been appointed as the leaders of Bridge Specialty Insurance Brokerage, focusing on the public entity/executive risk and property-casualty areas, respectively.
“Bridge Specialty Insurance Brokerage will encompass significant wholesale and specialty insurance market knowledge and includes more than 200 carrier relationships,” said Stephen M. Boyd, president of Bridge Specialty Group. “The Bridge Specialty Insurance Brokerage team is experienced at developing long-term relationships through data-backed insights and candid conversations so agents, carriers and insureds can make informed decisions about risk. Our teammates share a vision where we help enable people to make decisions with confidence.”
The formation of Bridge Specialty Insurance Brokerage follows the establishment of Bridge Specialty Group in February 2021. The latter brought together more than 25 wholesale insurance brands, creating a significant presence in over 50 locations across the United States and Europe.
Now, Bridge Specialty Insurance Brokerage encompasses the open brokerage-focused brands within Bridge Specialty Group, positioning itself as a market leader in various areas, including wind catastrophe-exposed property accounts, named storm-exposed habitational accounts, property placements for municipality and public-entity exposures in Florida, casualty placements for construction exposures, casualty/professional placements for aging services/long-term care facilities, monoline police professional liability coverages, public entity exposures, and management and professional liability exposures for all industries.
Bridge Specialty Group recently announced that it was set to acquire New England Excess Exchange, a wholesale MGA. In April, Brown & Brown announced the acquisition of Highcourt Partners Limited.
Have something to say about this story? Let us know in the comments below.
