One80 Buys Wholesale Comp Broker PMC Insurance

One80 Intermediaries, a specialty insurance wholesale broker based in Boston, has acquired PMC Insurance Group, a workers’ compensation wholesale broker and program manager.

With offices in Bedford, Massachusetts, PMC was launched in 1996 to help independent agents by providing workers’ comp specialty products, the company said in a news release.

One80 Intermediaries is a privately held firm with offices in the United States and Canada. The firm said it offers placement services and binding authority for property and casualty, financial lines, personal lines, cannabis, life insurance, medical stop-loss, alternative risk, warranty, lender-based insurance, travel/accident and health risks.