By The Chamber Board of Directors
Class of 2021, you have undoubtedly been dealt an unfair senior year. Maybe youâve had to deal with added stress at home because of job loss and had to take on extra work. Maybe you wonât get the traditional prom or graduation ceremony and have spent most of the year behind a screen. None of it is fair.
Now, you may also be worried that you will continue to be short-changed if you start college in the fall.
But as business leaders in this community and your biggest cheerleaders, we want you to know that we are here to support you, and we hope you will keep your options open.
Business Moves
Arch, Coalition
Arch Insurance North America and Coalition have formed a multi-year partnership to provide Coalition with long-term capacity for its U.S. and Canada Cyber and Technology Errors & Omissions insurance programs. The capacity will be available through Arch Insurance North America’s carriers.
The partnership with Arch will support Coalition, a provider of cyber insurance and security tools to help businesses manage and mitigate cyber risk, as it continues to grow. Over the past year, Coalition has grown to more than $150 million of run-rate gross written premium (GWP) and serves more than 41,000 organizations. Coalition uses an analytics-based approach and in-house cybersecurity services in addressing cyber risk.
World Insurance Associates LLC (WIA) has acquired LCL Insurance LLC (LCL) of Charlotte, N.C. on Feb. 1, 2021. Terms of the transaction were not disclosed.
citybizlist : New York : World Insurance Associates Acquires LCL Insurance citybizlist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citybizlist.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
World Insurance Associates Acquires LCL Insurance LLC
February 19, 2021 GMT
TINTON FALLS, N.J. (BUSINESS WIRE) Feb 19, 2021
World Insurance Associates LLC (WIA), a Top 100 Insurance brokerage, announced today that it acquired LCL Insurance LLC (“LCL”) of Charlotte, NC on February 1, 2021. Terms of the transaction were not disclosed.
“We are pleased to have LCL Insurance LLC lead us into North Carolina. We look forward to building our Charlotte presence around Stewart and his team,” said Rich Eknoian, CEO and Co-Founder of WIA. “LCL has a history of providing solutions for clients with diverse insurance exposures, and we know they will continue to flourish as part of WIA.”