News August 2017

August 10, 2017

The Schinnerer Group Acquires Property Managing General Agent ICAT

CHEVY CHASE, MD, August 10, 2017 – The Schinnerer Group, a leading underwriting manager, today announced that it had entered into an agreement to acquire International Catastrophe Insurance Managers, LLC (ICAT), from the Paraline Group. ICAT is a managing general agent providing property catastrophe insurance to businesses and homeowners across the United States. Terms of the transaction were not disclosed. The acquisition is expected to close in the third quarter of 2017. With a focus on the sizable...

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