NSI Insurance Group Acquires KMH Insurance Services of New York

Business Wire

Katherine Hoff and team bring significant marine and equine insurance experience

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- NSI Insurance Group today acquired KMH Insurance Services, a New-York-based specialty insurance broker focused on serving marine and equine customers. KMH president Kathryn Hoff and the company’s employees in its Hamptons, New York City and New Jersey offices will immediately join NSI Insurance Group. One of the largest privately held insurance agencies in the country, NSI Insurance Group offers commercial and personal insurance as well as employee benefits throughout the United States and in 40 countries. Terms of the transaction were not disclosed.

“KMH expands our presence in the Northeast, and Kathryn Hoff brings a wealth of experience to our firm,” said NSI Insurance Group CEO Oscar Seikaly. “We are delighted to have Kathryn and her talented team on board.”

KMH is well known for its expertise insuring commercial marine vessels, commercial marine liability, luxury boats and personal watercraft. It also carved a substantial niche in equine insurance.

“Joining NSI gives our firm the depth of resources necessary to serve the evolving needs of our clients,” said Hoff. “We decided to partner with NSI because of their sterling reputation and a shared focus on customer service.”

NSI Insurance Group specializes in risk management and insurance services to many industries throughout Florida and the nation including hospitality, museums and non-profit organizations, construction, distributors, condominium associations, financial institutions, real estate and property management, healthcare providers, and trucking and transportation. The company also markets under Excursioninsurance.com, which provides an efficient platform for all categories of cruise industry tour operators to quickly and easily secure insurance coverage that is compliant with the requirements of major cruise lines. The company was recently recognized as a “Best Practices” agency in a survey of the largest insurance agencies in the U.S.