Press Release

Rockwood Programs to Partner with Florida-Based Retail Agency Specializing in E&O Coverages

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Posted 05 January 2009 @ 11:54 am ET

Rockwood Programs has partnered with Modern Insurance to establish a new subsidiary company. The new enterprise - named Modern Insurance Consultants, LLC - will focus on its core expertise of Errors and Omissions (E&O) insurance for Insurance Agents, Insurance Companies, and Miscellaneous Professional Liability classes.

"We feel this new arrangement capitalizes on the unique strengths of each partner," says Glenn Clark, Rockwood's President. "Mark Lann (Modern's president) and his team have a proven track record of success in the E&O arena. Rockwood Programs possesses the markets, distribution outlets, and legal status to transact business on a national scale. Our aggregated resources will be used to bolster our business relationship with two key groups - Target Markets and the Strategic Independent Agent's Alliance (SIAA) members. The partnership will also benefit the P&C agent retail community, as we will be able to offer a wider array of pricing and coverage term options."

Mark Lann will serve as the President and CEO of the new entity. The operation will be located in Homestead, Florida.

"For some time now, we have been looking to affiliate ourselves with a larger agency," states Mark. "To accomplish this goal, we retained the services of Mystic Capital Advisors Group LLC. They helped identify Rockwood as a potential partner and have advised both parties on all aspects of the merger. We are excited to be a part of this new enterprise."

Interested parties can learn more about Modern Insurance Consultants, LLC by contacting Glenn Clark toll-free at 800-558-8808.




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