Partnership Alert: IMA Financial Group Teams Up with FC Underwriters

4 months ago 4655

IMA Financial Group, an insurance brokerage firm, has recently announced a new partnership with FC Underwriters LLC, a division of IMA Eydent Insurance Services LLC. John Briggs, president of Eydent Insurance Services, expressed excitement about the partnership, highlighting FC Underwriters' skilled team, specialty insurance products, strong distribution network, and commitment to embracing insurtech advancements. Eydent Insurance Services specializes in providing commercial property and casualty alternative risk solutions for niche programs across the country, offering a range of services to support agents and carriers.

FC Underwriters, a full-service managing general agent, will benefit from the partnership with IMA as it expands its presence in the Midwest and gains a partner that aligns with its business approach. The MGA includes four businesses - Grand River Insurance Agency, Grand River Services, Stone Falls Insurance, and Bridge Excess Solutions. Victor Dusseaux, president of FC Underwriters, expressed enthusiasm about the transformative potential of the partnership with IMA, noting the shared values and vision for success.

MarshBerry Capital LLC will serve as FC Underwriters' financial advisor for the transaction, marking IMA's second strategic partner acquisition in 2024. This strategic partnership between IMA Financial Group and FC Underwriters LLC represents a significant opportunity for growth and collaboration in the insurance industry.