McGowan Acquires Couch Braunsdorf Insurance Group’s Wholesale Division
The McGowan Companies, based in Fairview Park, Ohio, has acquired the assets of the wholesale division of Liberty Corner, N.J.-headquartered Couch Braunsdorf Insurance Group Inc. (CBIG), effective February 1, 2021. CBIG’s wholesale division will be re-branded under the McGowan brand.
CBIG’s wholesale division specializes in writing lawyers professional liability (LPL). CBIG administers multiple, exclusive LPL programs through carriers rated “A” or better by A.M. Best.
After the transaction, the staff of CBIG’s LPL programs will remain in place, led by Neil P. McGowan. All of CBIG’s brokers will receive automatic, initial appointments with McGowan and its full range of products and capabilities. Coverage is available in all 50 states and Washington, D.C.
Source: The McGowan Companies
- Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse
- Rising Prices, Low Satisfaction Drive 49% of Customers to Shop For New Auto Insurance
- An Origin Story: The History of the Professional Liability Underwriting Society
- Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court