Business Moves
Advocate Reinsurance Partners
Goss Reinsurance Brokers LLC, a privately owned reinsurance intermediary firm headquartered in Dallas, Texas, announced it has changed the company name to Advocate Reinsurance Partners LLC. The name change was brought about because the partners believe Advocate Reinsurance Partners LLC better describes their mission. Advocate Reinsurance Partners remains a key holding of parent company U.S. Risk Insurance Group Inc. and will continue to actively work with the various divisions within U.S. Risk.
Advocate Reinsurance Partners also has moved its headquarters to uptown Dallas.
Capson Physicians Insurance
Austin, Texas-based Capson Physicians Insurance Co. announced it is licensed to underwrite in six additional states: Alaska, Arizona, Louisiana, Indiana, Missouri and Nevada. Capson’s medical malpractice protection is now available in 18 states. Capson, which launched in late 2010 with investors that include BlueCross BlueShield Venture Partners L.P. and Beazley Investments Ltd., allows users to acquire medical malpractice coverage through an online model.
York Specialized Loss Adjusting, BC Johnson Associates
York Specialized Loss Adjusting (York SLA), a division of New Jersey-based York Risk Services Group Inc., acquired BC Johnson Associates, a provider of specialized loss adjusting and risk assessment services to the global energy industry.
Based in the Houston of suburb Manvel, Texas, BC Johnson Associates specializes in providing energy loss adjusting and energy risk assessment services to all types of energy sector operations, including oil and gas drilling, production, operations and equipment, both onshore and offshore, as well as many other energy-related risks.
York has extended offers of employment to all BC Johnson Associates staff, many of whom have degrees in petroleum engineering and other relevant subjects. BC Johnson will retain its name and operate as a division of York SLA.
All Web Leads, InsuranceLeads.com
Austin, Texas-based All Web Leads Inc., an online sales lead generation company supplying the U.S. insurance industry, has acquired InsuranceLeads.com, a provider of online leads to insurance agents, brokers and carriers. To finance the acquisition, All Web Leads teamed with Great Hill Partners, a Boston-based private equity firm, which made a majority investment in the combined entity. All Web Leads’ current executive team will lead the combined company, which will continue to be based in Austin.