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<\/a><\/a>\nFounded in 1994, ASIA is a specialist wholesale agency with over 30 years of experience placing workers\u2019 compensation coverage for brokers and agents across the United States. The company has built a substantial book of stable, highly recurring premium through its trusted network of 600+ active brokers and approximately 20 carrier markets. ASIA has developed a differentiated position in placing artisan contractor risks and serves a broad base of policyholders across the United States.<\/p>
\nThe transaction follows ANV\u2019s acquisition of Specialty Comp Insurance Solutions (\u201cSCIS\u201d), a monoline workers\u2019 compensation MGA focused on middle-market employers and tough-to-place risks. Together with Risico, ANV\u2019s California-based agricultural workers\u2019 compensation MGA, the additions of ASIA and SCIS establish a scaled, diversified workers\u2019 compensation platform combining wholesale distribution, risk management, and program underwriting across specialty niches including construction, transportation, manufacturing, hospitality, staffing, agriculture, and other complex, high-hazard industries.<\/p>
\n\u201cASIA\u2019s 30-year track record in workers\u2019 compensation, deep broker relationships, and expertise in artisan contractor risks make it an ideal addition to our growing platform,\u201d said Adam Karkowsky, Chairman and Chief Executive Officer of ANV. \u201cWith the additions of ASIA and SCIS alongside our existing Risico business, ANV has assembled a workers\u2019 compensation platform with meaningful scale and breadth across wholesale, program, and specialty channels. We look forward to working with the ASIA team to build on this foundation.\u201d<\/p>
\n\u201cWe are excited to join ANV and leverage the platform\u2019s resources, carrier relationships, and infrastructure to accelerate the next phase of ASIA\u2019s growth,\u201d said Frank Sorochen, Jr., Esq., Chief Executive Officer of ASIA. \u201cANV\u2019s long-term perspective and entrepreneurial approach to building specialty businesses align with our vision for ASIA, and we look forward to strengthening our position as a trusted wholesale partner in the workers\u2019 compensation market.\u201d<\/p>
\nIssued by Rein4ce on behalf of ANV<\/b><\/p>
\nAbout ANV Group Holdings Ltd.<\/b><\/p>
\nANV Group Holdings Ltd. (\u201cANV\u201d) is an independent, global insurance intermediary platform operating across the United States, the United Kingdom, and Europe. The company brings together a portfolio of established specialist MGAs, providing a diversified range of insurance products. For more information about ANV, visit http:\/\/www.anvinsurance.com<\/a>.<\/p> \nAbout Associated Specialty Insurance Agency<\/b><\/p> \nFounded in 1994, Associated Specialty Insurance Agency LLC (\u201cASIA\u201d) is a wholesale commercial insurance agency headquartered in Springfield, Pennsylvania. ASIA specializes in workers\u2019 compensation insurance with deep expertise in placing artisan contractor risks. For more information, visit https:\/\/asiaworkerscomp.com<\/a>.<\/p>