U.S. Risk Opens New Reinsurance Broker Goss Re

December 31, 2009

U.S. Risk Insurance Group Inc., based in Dallas, Texas, has expanded into the specialty reinsurance brokerage marketplace.

Goss Reinsurance Brokers Inc. will operate as a specialty reinsurance broker for medium to small insurance carriers, captives, self-insurance funds, risk retention groups, and other similar specialty insurance operations. This new business will be headquartered in Dallas, Texas.

“Goss Re will start with a strong and well respected parent in U.S. Risk Insurance Group, Inc. Our 23 years of insurance business expertise will be utilized to provide personal service and one to one relationships with our insurance clients,” said Randall Goss, chairman and CEO of U.S. Risk Insurance Group.

Chris Turner, formerly of Towers Perrin, will serve as executive vice president, and James Epstein, formerly of EWI Re, will serve as executive director, said Mac Wesson, president and chief operating officer of U.S. Risk Insurance Group.

“We have great expectations for success in this new venture,” Wesson said. “The significant consolidation in the reinsurance brokerage community has given us this opportunity and an open window to aggressively pursue our target clientele.”

Source: U.S. Risk Insurance Group,

www.usrisk.com

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