SAN FRANCISCO, Calif. /California Newswire/ — Edgewood Partners Insurance Center (EPIC), a nationwide retail property, casualty and employee benefits insurance broker/consultant, announced today the addition of the retail risk management and property/casualty team of JLT Towers Re. This strategic build-out of a team serving large, complex risk management accounts is a product of EPIC's broadening alliance partnership and collaboration with JLT Towers Re.
The agreement is effective August 11.
Led by executive vice president Steve Levene, the team will join the EPIC Risk Solutions platform. EPIC Risk Solutions is comprised of veteran consulting and insurance brokerage professionals providing risk management services and property & casualty insurance programs to EPIC's larger, more complex clients, including the portfolio companies of EPIC's principal private equity investor, The Carlyle Group.
"The addition of Steve, his team and their portfolio of high profile clients is mutually advantageous for both EPIC and JLT Towers Re," says EPIC co-founder and CEO John Hahn. "We are very excited to add more top professionals to our EPIC Risk Solutions and risk management consulting platforms, while expanding our presence in the Northeast. We look forward to advancing the strategic relationship we are building with JLT/Lloyd and Partners in launching key initiatives that will roll out over the course of 2014."
Based in Stamford, Conn., with locations in New Jersey and Boston, Levene and his team add significantly to EPIC's global risk management consulting capabilities, especially in the key Northeast United States region.
Under the terms of the agreement, JLT Towers Re will continue to provide specialty actuarial, analytical, consulting and risk management services to the clients being served by Levene and his team. In addition, these same leading-edge services will be available to all EPIC clients who require them.
"This is really a very 'best of two worlds' arrangement for our clients," says Levene. "They will retain the service, support and advocacy our team provides, with the continued unique insight, analysis and analytics of JLT Towers Re. In addition, they will benefit significantly from the broad, client-focused resources; strong, positive underwriting relationships; national organization and 'people first' excellence that are all hallmarks of EPIC. I could not be more pleased or excited about this opportunity."
Steve Levene can be contacted at:
EPIC Risk Solutions, 203-363-1947 (office).
About EPIC:
EPIC is a unique and innovative retail property & casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence. EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.
EPIC has more than 600 team members operating from locations across California, Colorado, Connecticut, Georgia, Massachusetts, Nevada, New Jersey and New York. With more than $150 million in revenues, EPIC ranks among the top 20 retail insurance brokers in the United States.
Backed by The Carlyle Group and Stone Point Capital, the company's strategic plan calls for a further dramatic increase in revenue ($250 million by 2018) and additional expansion across the country. For more information, please visit http://www.epicbrokers.com/ .
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