One80 Intermediaries Acquires Workers' Compensation Wholesale Broker PMC Insurance Group.

MANews-(C)2009-2022

US-based specialty insurance broker One80 Intermediaries has acquired US-based workers' compensation wholesale broker and program manager PMC Insurance Group, the firm said.

Terms of the deal were not disclosed.

PMC Insurance Group was formed in 1996 to help independent insurance agents expand their marketing capabilities by providing workers' compensation specialty products and programs for a broad class of businesses.

The firm works with thousands of insurance agents nationwide and maintains long-standing relationships with several leading insurance carriers.

PMC offers exclusive and semi-exclusive specialty insurance programs in industries that include; healthcare and home health, trucking and transportation, temporary staffing services, construction, maritime, and social service organizations.

In addition, to PMC's workers' compensation products and services, the team provides risk management and loss control services, as well as offering a pay-as-you-go technology platform through PMC PayGo, which allows insureds to pay workers'...

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