Posted on 03 Oct 2012 by Neilson
As a result of significant growth and market expansions as well as multiple acquisitions during the past four years, WRM America Holding Company, LLC is renaming itself and several of its subsidiaries.
"We decided it was time to simplify and unify branding for our family of companies," stated William Malloy, President. "All of our subsidiaries provide specialized risk management solutions to complex issues. Each adheres to a successful business model that emphasizes high value through extraordinary service for our producers, our insurance company partners, our risk management clients and our policyholders. Although our names are changing, our way of doing business is not."
Effective September 17, 2012, WRM America Holding Company, LLC, changed its name to The Wright Insurance Group, LLC. The Wright Insurance Group, a portfolio company of Aquiline Capital Partners, provides a variety of specialized insurance and risk management services to the public and private sectors in the U.S. through its various subsidiaries. Building on the success of Wright Risk Management Company, LLC over more than three decades, The Wright Insurance Group was established as a holding company in 2008 by Aquiline. Wright Risk Management will retain its current name as a member of The Wright Insurance Group.
WRM America will now be Wright Specialty Insurance. Other members of The Wright Insurance Group that have changed their names include:
WRM America Managing General Agency, LLC to Wright Specialty Insurance Agency, LLC,
RMI Consulting, LLC, Port Washington, NY to Wright Risk Consulting, LLC,
RPG Management, LLC, Port Washington, NY, to Wright Program Management, LLC, and
Fidelity National Insurance Services, LLC to Wright National Flood Insurance Services, LLC.
Subject to approval by the Texas Department of Insurance:
Fidelity National Indemnity Insurance Company, St Petersburg, FL, will become Wright National Flood Insurance Company.