Unisource Program Administrators, a Sarasota, Fla.-based wholesaler for workers' compensation, has been acquired by U.S. Risk, a privately owned specialty lines underwriting manager and wholesale broker headquartered in Dallas.
The acquisition doubles the size of U.S. Risk's workers' compensation written premium and adds four A-rated national carriers to its lineup of workers' compensation markets. The acquisition also allows U.S. Risk to offer stand-alone monoline workers' compensation solutions to most industries nationwide.
Unisource provides workers' compensation products and services to small, middle and large businesses through a network of independent agents nationwide. It will continue to operate as Unisource Program Administrators in its Sarasota office.
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