IMA Monetary Group companions with FC Underwriters

Insurance coverage brokerage agency IMA Monetary Group has introduced a partnership with FC Underwriters LLC, which shall be a division of IMA’s Eydent Insurance coverage Companies LLC.

“FC Underwriters LLC showcases how the MGA market is poised for enlargement with a extremely expert staff that has demonstrated the flexibility to develop specialty insurance coverage merchandise, a strong distribution community that gives robust help to companies and a willingness to embrace the newest insurtech developments for the betterment of their enterprise and consumer base,” stated John Briggs, president of Eydent Insurance coverage Companies.

Eydent Insurance coverage Companies is a agency underneath IMA that focuses on offering industrial property and casualty various threat options for specialty area of interest applications all around the nation. It supplies program administration, coverage issuance, loss management, claims help, program advertising and marketing, provider alignment, and the entire programs for brokers and carriers’ success.

As a full-service managing common agent, FC Underwriters affords turnkey companies together with underwriting and claims administration. With its partnership with IMA, the MGA will assist it additional set up its presence within the Midwest in addition to incorporate a brand new accomplice which already embraces the dealer’s method in serving to enterprise with their development and expansions.

The MGA consists of 4 companies – Grand River Insurance coverage Company, Grand River Companies, Stone Falls Insurance coverage, and Bridge Extra Options.

“The partnership with IMA shall be transformative for FC Underwriters and permit us to develop in an surroundings the place our distinctive method to constructing and serving our company base can result in higher shared success for all of our companions,” stated FC Underwriters president Victor Dusseaux.

“We’re excited to affix a revered nationwide agency like IMA that shares our values and leverages our companions’ native presence, specialty experience and shared imaginative and prescient for the long run.”

MarshBerry Capital LLC will function FC Underwriters’ monetary advisor on the transaction. That is IMA’s second strategic accomplice acquisition in 2024, with the earlier one being RiskPoint Insurance coverage Companions LLC.

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