Wednesday, December 7th, 2022

Johnson & Johnson acquires guide of enterprise from Insurance coverage Home

Following the closure of the transaction, Insurance coverage Home will retain its model title and unique relationship with Southern Common Brokers.

“This acquisition of this private traces guide of enterprise by Johnson & Johnson, a number one specialist in each industrial traces and private traces merchandise, will proceed the Insurance coverage Home dedication to servicing the wants of our accomplice businesses,” mentioned Insurance coverage Home president and CEO Jacqueline Schaendorf. “Johnson & Johnson has partnerships with lots of the Insurance coverage Home appointed retail businesses and they are going to be able to construct new partnerships with the rest of the businesses represented within the private traces guide of enterprise.”

“Including this private traces guide of enterprise to J&J will construct on current partnerships in addition to including new company partnerships,” mentioned Johnson & Johnson CEO Francis Johnson. “This can in flip improve our general base of enterprise in Alabama, Delaware, Georgia, Florida, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, Washington D.C.”

“We plan to carry a brand new degree of expertise and ‘ease of doing enterprise’ to all businesses writing enterprise on this private traces guide of enterprise,” added Johnson & Johnson president and COO Harry Johnson.

Learn extra: Johnson & Johnson acquires two divisions of Midlands Administration

In June, Johnson & Johnson acquired the wholesale brokerage & binding in addition to the managing basic underwriting items of Midlands Administration Company. The 2 items concentrate on specialty traces of protection for each private and industrial traces of enterprise on an admitted and non-admitted E&S foundation.

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