Dec 18, 2008 – Rockwood Programs’ affiliate acquires Modern Insurance Consultants
For Immediate Release
Rockwood Programs, Inc.
4001 Miller Road
Wilmington, DE 19802
ROCKWOOD PROGRAMS TO PARTNER WITH FLORIDA-BASED AGENCY
Rockwood Programs has partnered with Modern Insurance to establish a new
subsidiary company. The new enterprise ñ named Modern Insurance Consultants,
LLC will focus on its core expertise of Errors and Omissions (E&O) insurance for
Insurance Agents, Insurance Companies, and Miscellaneous Professional Liability
classes.
“We feel this new arrangement capitalizes on the unique strengths of each partner’,
says Glenn Clark, Rockwoodís President. “Mark Lann (Modernís president) and his
team have a proven track record of success in the E&O arena. Rockwood Programs
possesses the markets, distribution outlets, and legal status to transact business on
a national scale. Our aggregated resources will be used to benefit Target Markets
and the Strategic Independent Agentís Alliance (SIAA) members two of our
leading P&C E&O partners”.
Mark Lann will serve as the President and CEO of the new entity. The operation
will be located in Homestead, Florida.
“For some time now, we have been looking to affiliate ourselves with a larger
agency,” states Mark. “To accomplish this goal, we retained the services of Mystic
Capital Advisors Group LLC. They helped identify Rockwood as a potential partner
and have advised both parties on all aspects of the merger. We are excited to be a
part of this new enterprise.”
Interested parties can learn more about Modern Insurance Consultants, LLC by
contacting Glenn Clark toll-free at 800-558-8808.
For additional information, contact Glenn Clark – at (800) 558-8808.
E-mail address: glenn.clark@rockwoodinsurance.com