NSM acquires specialty program manager

The company’s newest acquisition focuses on the towing and transportation space

NSM acquires specialty program manager

Motor & Fleet

By Ryan Smith

NSM Insurance Group has acquired the assets of Louisiana-based KBK Insurance Group. KBK is a specialized program manager with a focus on the towing and transportation space.

“We are excited to continue our expansion in North America with KBK,” said Geof McKernan, CEO of NSM Insurance Group. “The Murray brothers have a strong track record of providing excellent service and expertise to the niche industries they serve. They are a perfect fit for our portfolio of dynamic, specialized businesses. We welcome the KBK team to the NSM family.”

“I am thrilled to be working with Geof and the team at NSM,” said Ken Murray, president of KBK. “Our cultures are a natural fit with each other. I truly believe we can offer both our clients and our insurer partners something unique. We look forward to working with NSM to deliver on our objectives in the years to come.”

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