Providing Special Risk Insurance to Agents and Brokers

IMS/London American is a full service Surplus Lines/Wholesale Brokerage Operation serving the special insurance needs of agents and brokers.

Get on board with IMS/London American and let us battle the market for your client's insurance needs. 


 

 

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IMS Acquires London American

IMS Insurance Market Solutions has acquired London American Risk Specialists, Inc effective September 1, 2010. The combined entity will become IMS/London American and will be one of the largest independent multi-line managing general agencies in the Southwest.

“This combination brings together over 1500 agency producers and provides them with access to more than 50 brokerage markets and 10 domestic and Lloyds’ binding facilities,” says IMS President Larry Mennes, “We are very proud to be joined by such a highly respected group as the London American team. We feel the name will illustrate to our clients the best of both     organizations and that they have gained a larger, improved resource for their customers’ needs.”

IMS was founded in 2005 by Larry Mennes and Stephen Vallender and has enjoyed profitability and substantial growth in this difficult economic environment. London American was founded in 1984 with offices in Houston and Dallas. Current owner, Brady Carruth will still be involved with IMS/LondonAmerican as director and equity participant.

Carruth commented, “While IMS represents virtually all lines, the synergies created with IMS’s especially strong casualty footprint and our exceptional property capabilities makes this an excellent combination. We believe that we will have the best facilities in Houston.”

According to Mennes, the objective is to create a sizeable market platform with innovative market solutions that will add value for clients. The combination of the two organizations will provide critical mass in the marketplace, enhance the agents’ marketing abilities and add additional experience and expertise to the underwriting and brokerage partners.

 “We really believe that good hard work and trusted relationships are what will herald success for today’s wholesaler,” Mennes stated. “I look at the team assembled at IMS/London American and know we have the right people, in the right places to achieve both our short and long term goals.”

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