NSM Insurance coverage completes sale of business insurance coverage division

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NSM Insurance completes sale of commercial insurance division

The deal consists of 15 insurance coverage applications throughout accident and well being, property/casualty, and reinsurance, together with the retail company NSM Insurance coverage Brokers, the corporate stated in a press release. As a part of the transition, NSM’s operations shall be cut up into two distinct entities. New model identities shall be launched for each the U.S. business and direct-to-consumer companies, although no timeline for the rebranding was disclosed.