Gramercy Risk Holdings Acquires New York’s Executive Insurance Company

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Gramercy danger holdings llc, a uniondale, n.Y.-primarily based insurance retaining corporation, has received govt insurance business enterprise, a new york-domiciled admitted coverage corporation.

Following the purchase, executive might be renamed gramercy indemnity agency. Government joins gramercy danger control and certus claims management as operating companies under the gramercy umbrella and will first of all provide assets and casualty reinsurance to enterprise underwritten via gramercy.
Gramercy turned into based in 2014 by means of william and matthew fishlinger following the sale of the wright coverage group to brown & brown. Fashioned as a blue-chip control platform, gramercy affords managed services to insurance agencies, brokers, dealing with popular corporations, runoff organizations and different chance financing cars.

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