MarshBerry acquired assets of New York City-based boutique investment banking and reinsurance intermediary firm, Gill & Roeser Inc.
Gill & Roeser is an independently owned capital management advisor to the insurance industry, providing capital management strategies and reinsurance services such as reinsurance brokering, program structures, alternative markets, risk pooling, valuations and more.
MarshBerry is hiring staff of Gill & Roeser including chairman Dale A. Myer and president and CEO Steven K. Bolland.
“By acquiring Gill & Roeser, MarshBerry is able to expand its knowledge in the insurance carrier and managing general agent marketplace,” said John Wepler, MarshBerry's chairman & president. ”The experience Steven Bolland and Dale Myer bring to the table immediately allows us to expand our footprint in the market and offer a broader portfolio of services to the insurance industry.”
Myer believes both Gill & Roeser and MarshBerry have the experience to foster the growth of the business.
“Gill & Roeser, like MarshBerry, has been in business for over 30 years. Both of our firms have developed an immense amount of experience and knowledge for the markets we serve. By joining MarshBerry we can now provide investment banking and reinsurance services to insurance and reinsurance companies, wholesalers, managing general agents, managing general underwriters, and third party administrators on a much larger scale,” Myer said.
Welper agrees, “We are excited to expand MarshBerry's capabilities and knowledge as we to continue to grow our organization in new areas.”
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