Tuesday, December 6, 2022
HomeInsuranceJohnson & Johnson acquires e book of enterprise from Insurance coverage Home

Johnson & Johnson acquires e book of enterprise from Insurance coverage Home

Following the closure of the transaction, Insurance coverage Home will retain its model identify and unique relationship with Southern Normal Brokers.

“This acquisition of this private strains e book of enterprise by Johnson & Johnson, a number one specialist in each industrial strains and private strains merchandise, will proceed the Insurance coverage Home dedication to servicing the wants of our accomplice businesses,” mentioned Insurance coverage Home president and CEO Jacqueline Schaendorf. “Johnson & Johnson has partnerships with most of the Insurance coverage Home appointed retail businesses and they are going to be able to construct new partnerships with the rest of the businesses represented within the private strains e book of enterprise.”

“Including this private strains e book of enterprise to J&J will construct on present partnerships in addition to including new company partnerships,” mentioned Johnson & Johnson CEO Francis Johnson. “It will in flip improve our total base of enterprise in Alabama, Delaware, Georgia, Florida, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, Washington D.C.”

“We plan to convey a brand new degree of expertise and ‘ease of doing enterprise’ to all businesses writing enterprise on this private strains e book of enterprise,” added Johnson & Johnson president and COO Harry Johnson.

Learn extra: Johnson & Johnson acquires two divisions of Midlands Administration

In June, Johnson & Johnson acquired the wholesale brokerage & binding in addition to the managing basic underwriting items of Midlands Administration Company. The 2 items deal with specialty strains of protection for each private and industrial strains of enterprise on an admitted and non-admitted E&S foundation.



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