Compelo Insurance is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

GNW-Evergreen Insurance To Purchase Assets Of Plenary Insurance

Has also taken over the renewal rights for directly placed workers’ compensation insurance policies of Employers Direct

GNW-Evergreen Insurance Services, an Encino-based broker, has inked a deal to purchase the assets of Plenary Insurance Services – reported San Diego Business Journal.

As per the deal, GNW-Evergreen has taken over Plenary’s San Diego office as well as an Orange County office. Plenary is a subsidiary of Employers Direct of Agoura Hills. GNW-Evergreen has also taken over the renewal rights for directly placed workers’ compensation insurance policies of Employers Direct.

Andrew Forchelli, partner and chief operating officer for GNW-Evergreen, stated that he plans to increase its presence in San Diego and Orange counties. The firm targets clients with revenue between $25 million and $1 billion, quoted sdbj.com.

GNW-Evergreen Insurance Services is a provider of insurance and risk management solutions in Southern California.