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NSM Insurance acquires Strategic Underwriters International

June 11, 2024

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NSM Insurance Group, a global specialty insurance provider, has completed the acquisition of Pennsylvania-domiciled, Strategic Underwriters International (SUI), a managing general agent (MGA) in the casualty facultative reinsurance marketplace.

MergerSUI offers facultative casualty reinsurance for several lines of business, including General Liability, Automobile Liability, Excess/Umbrella Liability and Workers’ Compensation.

NSM stated that this acquisition complements the company’s portfolio of specialty insurance programs and brands for the commercial P&C industry and consumer insurance, backed by the its “state-of-the-art” resources, including IT, data and analytics, operations, marketing, HR and finance.

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