Independent managing general agency and program manager, Tangram Insurance Services, Inc., has acquired Preferred Reinsurance Intermediaries, marking its expansion into the reinsurance brokerage market.
Founded in 1983, Preferred Re is a reinsurance broker and consultant working with companies of all sizes. The company has three main practice areas: traditional reinsurance placements, specialty insurance program development for MGAs and MGUs, and sourcing capacity for alternative risk entities.