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New Insurance Holdings Group Formed

"By using a hub and spoke model, we will build an insurance broker focused on middle-market revenue with an intent to provide agencies that we acquire with greater access to capital, accelerate growth

By Hayley Hanson | Updated on July 27, 2007

Two insurance industry veterans have announced the formation of Synercon Insurance Holdings, a new company they said is intended to “acquire and build a network of independent insurance agencies.”

Synercon said that David D. Haynes, formerly of Synaxis Group, will serve as the company’s chief executive officer, while Kenneth H. Pinkston, formerly of Willis Group Limited, will serve as chairman.

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