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The McGowan Companies Purchases Assets of Allied Insurance Brokers, Inc.


Posted on 30 Apr 2012

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The McGowan Companies (“McGowan”) has purchased the assets of Allied Insurance Brokers, Inc. (“Allied”). Effective immediately, Allied will begin operating under the McGowan Program Administrators brand.

Founded in 1996, Allied is known throughout the insurance industry as the premier MGU specializing in writing package programs for Commercial Real Estate, Apartments, Condominium Associations, and Religious Organizations.

McGowan Program Administrators is an MGU which manages Umbrella and D&O programs for Commercial Real Estate, Apartments, and Condominiums.

"By combining forces with Allied, we have created a 'one-stop' shop for our brokers to obtain the finest insurance products for Commercial Real Estate, Apartments, and Condominium Associations," said Thomas B. McGowan, IV, President & Chief Executive Officer.  "Further, we will be expanding Allied’s product offerings and capabilities in the months to come."

All Allied brokers will receive automatic appointments with McGowan and its full range of products and capabilities. Further, all McGowan brokers will now have access to all of Allied’s product offerings.