CopperPoint Family of Insurance Companies Completes Acquisition of Alaska National Insurance Company and AM Best Upgrades Group to A Rating

2020 JAN 01 (NewsRx) -- By a News Reporter-Staff News Editor at Mergers & Acquisitions Daily News -- “We’re thrilled to welcome the Alaska National employees to our growing CopperPoint Family of Insurance Companies,” said Marc Schmittlein, President and CEO, CopperPoint Insurance Companies. “With our addition of Alaska National and an upgrade to our AM Best ratings, we remain focused on our strategic plan to expand through product and geographic diversification and are confident about our future.”

Waller Helms Advisors and Locke Lord LLP served as advisors to CopperPoint Insurance Companies. Macquarie Capital and Debevoise & Plimpton LLP served as advisors to Alaska National Corporation. About CopperPoint Insurance Companies Founded in 1925, CopperPoint Insurance Companies, www.copperpoint.com, is a western-based super regional commercial insurance company and a leading provider of workers’ compensation and commercial insurance solutions. With an expanded line of insurance products and a growing 10 state footprint in the western United States, CopperPoint is in a strong position to meet the evolving needs of our brokers, agents and customers. It has $5 billion in total assets and an enterprise surplus of over $1.4 billion. CopperPoint Mutual Insurance Holding Company is the corporate parent of CopperPoint Insurance Companies, Pacific Compensation Insurance Company and Alaska National Insurance Company. All companies are rated A (Excellent) by AM Best. View source version on businesswire.com: https://www.businesswire.com/news/home/20191217005524/en/

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