One80 Intermediaries acquires MGA GMI Insurance
Boston-based specialty insurance broker One80 Intermediaries has acquired Pennsylvania-based GMI Insurance , which specializes in commercial transportation insurance. The acquisition aims to expand One80’s offerings in the transportation insurance sector, adding to their existing programs like domestic trucking and cargo insurance.
GMI’s monoline business auto program is specifically designed for accounts that are not part of a comprehensive insurance package. The program targets contractors, artisans, building supply dealers, retailers, manufacturers and wholesale distributors. In subsequent years, GMI added workers’ compensation, cannabis transport, general liability, auto rental fleet and contingent auto lease programs to their portfolio.