First Light Program Managers (First Light) has entered into an agreement to acquire all the assets of NTIS, Inc. dba NTIS Transportation Insurance Services of Las Vegas Nevada.
The deal is effective May 01, 2022.
NTIS is a wholesaler and managing general agency (MGA) founded in 2014 that specializes in serving the trucking industry. It offers auto liability, auto physical damage, motor truck cargo and general liability coverage on a wholesale basis to clients in the Western US region.
“For the past 8 years, NTIS has been a leading wholesaler and MGA in the trucking insurance industry. From their founding, NTIS’s commitment to profitable underwriting in the transportation space has served their insurance carrier partners well,” said First Light CEO Anthony Johnson, who added that the acquisition gives First Light “an even stronger foothold in the West.”
“We are excited to join First Light Program Managers,” commented NTIS president Alex Moore. “First Light’s longstanding expertise in the trucking and transportation sector is well known in the industry and they were the first organization that came to mind when we decided we wanted to partner up with a larger organization.”
Moore also said that First’s Light’s broad range of markets and underwriting facilities will be a major advantage for NTIS’ retail agency partners.
“Their extensive product offering combined with sound underwriting has given them a distinct advantage in the marketplace and we look forward to joining forces with them to capitalize on their success,” the president added.