Caitlin-Morgan Insurance Services Acquired in a Private Transaction
http://indianapolis.dbusinessnews.com
Caitlin-Morgan Insurance Services has been acquired in a private transaction sponsored by co-owner, Christopher S. Murray. Former co-founder, Stan Murray has rejoined the management team to provide additional direction and management expertise to the organization.
Caitlin-Morgan is a program administrator serving associations, affinity groups and independent agents throughout the Midwest with a particular emphasis on workers compensation business, medical malpractice, and nursing home professional liability. Terms of the transaction were not disclosed.
Christopher Murray commented, “We see a tremendous opportunity for growth in a dynamic and changing marketplace. As a result of this transaction, our customers should see little disruption to this change in ownership since it will essentially be the same people, contact information and services offered.”
LMC Capital LLC served as advisor in connection with this transaction. For more information about LMC, visit www.LMCCapital.com.
About Caitlin-Morgan Insurance Services:
Caitlin-Morgan was founded in 1999 by Stan Murray and Sean Murray and is a privately-held program administrator headquartered in Carmel, Indiana. Programs are underwritten by admitted and non-admitted U.S. insurers with A ratings or better. Coverage is provided throughout the United States. Please visit our website at www.Caitlin-Morgan.com to review the specific states of operation and to secure additional information about our products and services.
see original
