Lewis & Ellis, an actuarial consultancy, has acquired Huggins Actuarial Providers to reinforce its actuarial capabilities inside the property and casualty (P&C) insurance coverage market.
Monetary phrases of the deal haven’t been disclosed.
Huggins Actuarial Providers, established in 1911 as Huggins & Firm, supplies companies to insurers, self-insurers, captives and threat retention teams.
The corporate will proceed to function underneath its present model and management workforce to make sure continuity for its purchasers, Lewis & Ellis stated in a press release.
Lewis & Ellis president and managing principal Cabe Chadick stated: “We’re excited to welcome Rusty and the complete Huggins workforce. This partnership strengthens our collective skill to serve purchasers with better depth and assets, reinforcing our shared dedication to actuarial excellence and excellent consumer service.”
Huggins president Ronald “Rusty” Kuehn said: “Partnering with Lewis & Ellis represents an distinctive alternative to reinforce our consumer relationships by way of expanded assets and experience.
“Our mixed capabilities uniquely place us to ship even better worth to our purchasers transferring ahead.”
Lewis & Ellis supplies a variety of actuarial consulting companies throughout numerous sectors together with life, well being and P&C insurance coverage, in addition to regulatory compliance and threat administration.
