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Capacity Coverage Co. and Capacity Marine Corp. Purchase Assets of Dewitt, Stern, Imperatore, Ltd.

PR Web

Mahwah, NJ (PRWEB) May 07, 2012

Robert G. Lull, C.E.O. of Capacity Coverage Co. and Walter O. Wynne, President of Capacity Marine Corp. jointly announce the acquisition of assets of DSI, including standard and marine insurance accounts affiliated with David O’Dowd, Paul Olshen and Raudel Ravelo.

   •      Standard property & casualty business will be serviced by Capacity Coverage Co.
   •     Marine business, including the prestigious N.Y. Waterways account, will be handled by Capacity Marine Corp.

Experienced professionals team up and look ahead.
Mr. O’Dowd, a 36-year veteran insurance risk manager and broker, brings a wealth of experience in marine insurance. Walter Wynne, Capacity Marine’s President, says that “We are excited to add a great marine professional to our company, and we’re looking forward to expanding their quality book of business and the relationships they have developed over the years.”

Paul Olshen and Raudel Ravelo have decades of practical wisdom in standard insurance, and have handled accounts from the very largest to small, neighborhood businesses.

Jay Bergstein, President of Retail Operations for Capacity Coverage, announced that “We are thrilled to have Paul and Raudel become part of our standard insurance division. They are both seasoned insurance professionals and will be a great addition to our team."

Mr. O’Dowd and Mr. Olshen will work out of Capacity’s headquarters location in Mahwah, NJ, and Mr. Raudel will work out of their Freehold, NJ office.

The Capacity Group welcomes these three professionals to our family of companies.

Read the full story at http://www.prweb.com/releases/2012/5/prweb9472393.htm

Copyright:(c) 2012 PRWEB.COM Newswire
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