Coastal Insurance Underwriters appoints two new presidents
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Truist/CRC Adds Major Wholesale Insurance Clout with Constellation Acquisition
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Truist Acquires Constellation Affiliated Partners Wholesaler Platform With 7 MGAs
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Constellation Affiliated Partners Acquires Coastal Insurance Underwriters and Cybercom
Constellation Affiliated PartnersDecember 29, 2020 GMT
NEW YORK, Dec. 29, 2020 (GLOBE NEWSWIRE) Constellation Affiliated Partners (Constellation) today announced the acquisition of Coastal Insurance Underwriters (Coastal) and Cybercom. Financial terms of the transaction were not disclosed.
Through the acquisition of Coastal and Cybercom, Constellation will continue to expand its product offerings to the Condominium Association and Homeowner’s Association marketplace. “These new business classes complement many of our existing programs and will provide increased product access to our clients,” said Bill Goldstein, CEO of Constellation. “The Coastal and Cybercom team bring a wealth of knowledge and innovative web-based programs. Their proprietary technology platform and deeply experienced un