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