One80 Intermediaries Acquires New Jersey’s Equinox Management Group
One80 Intermediaries, a national wholesale broker, program manager and insurance aggregator headquartered in Boston, Mass., has acquired the Equinox Management Group and its affiliates Meridian Management Group and Co-Ordinated Benefit Plans. Terms of the deal were not disclosed.
Equinox Management Group Inc., a reinsurance managing general underwriter (MGU), was established in 1994 by Suzanne Whalen and Kevin Leys. Three years later, Equinox expanded its offerings to provide producers with MGU services for travel/accident and health and other specialty property and casualty lines of coverage, operating under the Meridian Management Group brand.
As the organization continued to evolve, Equinox acquired Co-Ordinated Benefit Plans in 2006 to provide technology-based administration services with an emphasis on travel/accident and health products. Equinox Management Group is headquartered in Oradell, N.J., with offices in Clearwater, Fla., and San Diego, Calif.
Source: One80 Intermediaries
- US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red
- State Farm Seeking Large Rate Increases in Wildfire-Prone California
- US Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair
- NY Plane Crash Kills 5 Members of Georgia Family, Including Former Insurance Analyst