FCCI Purchases Brierfield Insurance Company
December 24th, 2009
FCCI Insurance Group (FCCI), a Sarasota-based commercial property and casualty insurer writing in excess of $500 million written premium in 14 states, has purchased Mississippi Insurance Managers and, as a result, owns the remaining 20 percent of Brierfield Insurance Company, a P&C carrier with offices in Jackson, MS. FCCI has owned 80 percent of the company since its beginning in 1999.
G.W. Jacobs, President and CEO of FCCI, says the Brierfield purchase was part of FCCI’s long term strategic goals. He adds that customers should continue to expect the same outstanding service and local presence that has distinguished Brierfield in the state of Mississippi.
FCCI will retain an office in Jackson under the leadership of Tom Quaka, Brierfield’s president at the time of the acquisition. Approximately 35 employees who helped build about $30 million in written premium for the company will also remain.
In addition to Brierfield Insurance Company, FCCI Insurance Group companies include: FCCI Insurance Company, National Trust Insurance Company, FCCI Commercial Insurance Company, Monroe Guaranty Insurance Company, and FCCI Advantage Insurance Company.
Established in 1959, FCCI is rated A- (Excellent) with a Stable and Secure outlook by A.M. Best Company. FCCI has regional offices in Carmel, IN and Duluth, GA, as well as a branch office in Lake Mary, FL.
Categories: Financial Services |
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