Exceptional Risk Advisors Acquires Assets of International Specialty Insurance
MAHWAH, NJ, Jan. 11, 2021 -- Exceptional Risk Advisors, LLC a Lloyd’s of London Coverholder, today announced that it has acquired Assets of International Specialty Insurance Services.
Headquartered in Winstom-Salem, NC, International Specialty Insurance designs insurance programs to secure top earners in any field including entrepreneurs, executives, entertainers and athletes. International Specialty Insurance has insured some of the most recognizable names in professional sports, entertainment and corporate America.
The entire International Specialty Insurance team, including Managing Directors Matthew and Joseph Ferraro, will join Exceptional Risk Advisors, delivering new and enhanced capabilities that will immediately broaden Exceptional Risk’s offering to sophisticated insurance advisors.
This transaction, which closed on December 31, 2020, continues to strengthen Exceptional Risk Advisor’s ability in insuring complex human capital risks. “The combination of Exceptional Risk Advisors and the ISI team will benefit our collective organizations, our clients and carrier partners. This acquisition comes at a time when the market is rapidly hardening and by joining forces with ISI, we have the opportunity to navigate those changes to the benefit of all of our stake-holders.” said Chris Lack, a partner with Exceptional Risk Advisors. “Our goal is to operate as one brand, under one set of rates and underwriting protocols.”
“We are extremely proud of what we built at International Specialty Insurance from our humble beginnings to being market leaders in underwriting certain classes of sports and non-sports disability protection” said Matthew Ferraro. “We are thrilled to be joining the Exceptional Risk Advisors team and operating as one entity.”
About Exceptional Risk Advisors
Founded in 2007, Exceptional Risk Advisors LLC, a Lloyd's of London Coverholder, is the country's foremost expert in insuring complex human capital risks. Exceptional Risk Advisors develops, distributes, and underwrites specialized insurance products for the sports, entertainment, and corporate world. Located in Mahwah, NJ, the company’s mission is clear: to be leaders and innovators in specialty insurance, and to foster lasting relationships with strategic partners. For more information, please visit www.exceptionalriskadvisors.com.