Strategic Underwriting Managers Inc.

Strategic Underwriting Managers Inc.  (represented by Hales Securities, LLC) has been aquired by  One80 Intermediaries   -   July 2020

Dowling Hales acted as exclusive financial advisor to Strategic Underwriting Managers Inc. (“SUM” or the “Company”) in its sale to One80 Intermediaries Inc. Founded in 2010, SUM is a Canada based Managing General Agent for property, casualty and other specialty insurance products. Servicing Canada coast to coast and with offices in Toronto, Montreal and Lachine QC, SUM is one of the largest MGAs in Canada and works collaboratively with best-in-class insurers and reinsurers to design, underwrite and deliver market leading insurance products to brokers nationally. SUM is empowered with broad, in-house binding authority on behalf of the world's highest quality insurance carriers and also acts in a brokerage capacity for a broad group of insurance markets. SUM employees will join One80 Intermediaries and continue under the leadership of Jeff Somerville and Troy Bourassa in Toronto and Travis Budd and Serge Melanson in Montreal.

Target Company

Strategic Underwriting Managers Inc.

Acquirer Company

One80 Intermediaries

Acquisition Date

July 2020

Sector

Insurance

Industry

MGA / Wholesale / Program Mgr

Region

Canada

State of Acquired

ON

Map

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