NIF Group to acquire Pacific Coast E&S Insurance Services

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NIF Team to get Pacific Shore E&S Insurance Coverage Solutions

NIF Group (NIF), a nationwide program supervisor and also local wholesale broker had by Jencap Team, has actually gotten to a contract to get the properties of Pacific Shore E&S Insurance Coverage Solutions (PCES), a specialized wholesale brokerage firm and also handling basic representative (MGA) company based in Santa Rosa, CA.

The bargain increases Jencap’s total development as a specialized insurance coverage circulation service, that includes MGAs, program supervisors and also transactional wholesale brokers.

John F. Jennings, head of state and also Chief Executive Officer at Jencap, talked about the bargain: “Pacific Coast E&S Insurance Services is our 12th transaction since founding Jencap. This acquisition will contribute to our overall growth among the largest specialty insurance distribution platforms in the US.”

NIF, which was developed in 1976 and also gotten by Jencap in 2016, offers independent representatives and also brokers a wide variety of specialized insurance coverage items from its nationwide workplaces. NIF head of state, Mark Maher, stated the purchase of PCES “aligns with [NIF’s] ongoing growth strategy and expands the range of products and services we offer.”

PCES has actually developed competence in the industrial and also individual E&S room. It concentrates on supplying MGA centers and also the brokerage firm of E&S lines to retail brokers and also representatives on the West Shore and also Pacific Northwest.

“Our group has significant underwriting backgrounds in both personal and commercial property and casualty products,” stated Joe Bonilla, supervisor of PCES. “We’re excited to extend our reach through NIF and Jencap.”

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