NU Online News Service, Dec. 10, 2:35 p.m. EST
Breckenridge Insurance Services, a Breckenridge IS Inc. company, said it has acquired the assets of International Placement Services, LC, a wholesale insurance brokerage firm founded by Richard J. Eichhorn in 1981. Financial terms of the acquisition were not released.
IPSICO's expertise is in hard-to-place, standard and excess/surplus lines risk. It brings a full line of property and casualty placement and consulting services to Breckenridge. It is the program administrator for a number of exclusive distribution agreements with major international insurance carriers.
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