U.S. Risk Expands into Reinsurance Brokerage Market

U.S. Risk Insurance Group Inc. managing general agency and surplus lines wholesaler will dive into the specialty reinsurance brokerage marketplace with a new business, Goss Reinsurance Brokers Inc. The brokerage will be headquartered in Dallas, and 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.

“Goss Re will start with a strong and well respected parent in U.S. Risk Insurance Group, Inc.,” says Randall Goss, chairman and CEO of U.S. Risk Insurance Group. “Our 23 years of insurance business expertise will be utilized to provide personal service and one-to-one relationships with our insurance clients. We’re excited about the opportunity that this provides us to expand our capabilities and services for our broad base of clients and prospective clients.”

Chris Turner (formerly of Towers Perrin) joins Goss Re as EVP, and James Epstein (formerly of EWI Re) as executive director.

“We have great expectations for success in this new venture,” says Mac Wesson, president and COO of U.S. Risk Insurance Group. “The significant consolidation in the reinsurance brokerage community has given us this opportunity and an open window to aggressively pursue our target clientele.”