U.S. Risk Insurance Group, Inc., the nation’s sixth largest Property and Casualty wholesaler announced that it has acquired American Underwriting Managers (AUM).
AUM is a Southlake, Texas, based Managing General Agency and Wholesale Insurance Broker. For 17 years AUM has served the needs of retail insurance agents and insureds alike primarily in Texas and surrounding states. With numerous carrier partners and a personal relationship driven culture AUM has been a leader in the surplus lines and admitted contract binding business.
Randall Goss, CEO of U.S. Risk, said “We look forward to the impact of AUM in the continued expansion of our market presence and the ability to better serve our clients. Working with the team of quality underwriters at AUM we will enhance our current market relationships.”
Ken Boyd, President of AUM, said, “AUM’s mission has always been to provide the best service to our agent partners. We are excited to be part of U.S. Risk and we know the opportunity will present an even better opportunity to serve our agents with the additional markets and facilities that U.S. Risk provides.”