One80 Intermediaries (One80) has acquired GMI Insurance (GMI) as part of an expansion of its healthcare practice.
Established in 1980, GMI is a Pennsylvania-based managing general agent that specialises in commercial transportation and related insurance.
GMI’s monoline business auto programme is specifically designed for accounts that are not part of a comprehensive insurance package.
The programme targets contractors, artisans, building supply dealers, retailers, manufacturers and wholesale distributors. In subsequent years, GMI added workers’ compensation, cannabis transport, general liability, auto rental fleet and contingent auto lease programmes to its portfolio.
Matthew Power, president of One80 Intermediaries, comments: “One80 is committed to the transportation space, and we have made significant investment into our transportation practice over the past four years.”
