Aon Affinity, the consumer, association and program business of Aon Risk Solutions, has completed its acquisition of StoneRiver National Flood Services, Inc. and related entities from StoneRiver Group, L.P.
Financial terms were not disclosed.
National Flood Services offers policy administration, claims processing, customer service and agency support for clients in all 50 states and every U.S. territory. It manages 3 million flood policies and $2.3 billion of flood insurance premium annually. The firm has more than 800 employees in offices in Kalispell, Montana; Overland Park, Kansas and Lakeland and Coral Springs, Florida.
Keith Brown, president and CEO of National Flood Services, will remain in his position at National Flood Services, reporting directly to Vit.
Source: Aon Risk Solutions
Was this article valuable?
Here are more articles you may enjoy.
DOJ Sues SeaWorld’s Parent Company for Disability Discrimination
California’s Surplus Lines HO Market’s New Phase Driven by Access, Not Wildfire Risk
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies
Google Adds Mental Health Tools to Gemini Chatbot After Lawsuit