NSM Insurance Group Acquires Assets Of KBK Insurance Group
NSM Insurance Group has acquired the assets of KBK Insurance Group. Based in Harahan, LA, KBK is a highly specialized program manager in the towing and transportation space with over 25 years of experience.
“We are excited to continue our expansion in North America with KBK. The Murray brothers have a strong track record of providing excellent service and expertise to the niche industries they serve. They are a perfect fit for our portfolio of dynamic, specialized businesses. We welcome the KBK team to the NSM family.” – NSM Insurance Group CEO, Geof McKernan
“I am thrilled to be working with Geof and the team at NSM. Our cultures are a natural fit with each other. I truly believe we can offer both our clients and our insurer partners something unique. We look forward to working with NSM to deliver on our objectives in years to come.” – President of KBK, Ken Murray.
NSM Insurance Group is continuing to grow organically and through strategic M&A. NSM’s ambition is to be the leading provider of niche insurance programs in North America and the UK.