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Specialty insurance broker One80 Intermediaries Inc. announced on Tuesday it has acquired PMC Insurance Group, a Bedford, Massachusetts-based workers compensation wholesale broker and program manager.
Terms of the deal were not disclosed.
PMC Insurance Group provides exclusive and semi-exclusive specialty insurance programs for commercial clients in health care and home health, trucking and transportation, construction and maritime, and temporary staffing services.
One80 Intermediaries, a national wholesale broker, program manager and insurance aggregator, said Tuesday it has acquired Helotes, Texas-based National Underwriting Services Inc., a full-service managing general underwriter of medical stop loss insurance.