Nashville, TN – Salus Workers’ Compensation, LLC, a regional managing general agent (MGA) and third-party administrator, recently announced that it has completed its acquisition of Method, LLC d/b/a Method Insurance Services, a full-service wholesaler and managing general underwriter (MGU).
Method, which is headquartered in Omaha, Nebraska and has field offices in Arizona and Rhode Island, will form Salus’ wholesale and MGU division and strengthen the company’s sales and underwriting capabilities. Method’s distribution capabilities, which are focused on West Coast and Mid-West states, strongly complement Salus’ Mid-South and East Coast presence.
“We’re excited to partner with Greg Donsbach, Chris Daley, Julie Richt, and Method’s great team of business development representatives and underwriters,” said Kirk Manz, Chief Executive Officer of Salus. “The addition of Method not only diversifies our service lines by providing wholesale capabilities but also dramatically expands our distribution footprint and enhances our unique program offerings.”
This acquisition further reinforces Salus’ ability to provide highly effective, data-driven workers’ compensation insurance delivered with a human touch. Salus’ proprietary claims protocol enables the Company to provide competitive premiums for class codes with higher claim frequency and severity of injuries.
“In combining with Salus, we are joining not only a leader in claims management, but also a team that shares our fundamental commitment to providing exclusive, extensive, and responsive services to our customers,” said Greg Donsbach, President of Method “We look forward to adding our service offerings and our extensive carrier and agent relationships to Salus’ growing platform.”
“We’re pleased to join Salus and expand our capabilities with the resources now available to us through this partnership,” said Chris Daley, Chief Underwriting Officer of Method. “Salus’ corporate support, capital access, and marketing abilities will strongly benefit our employees and clients.”
Terms of the transaction were not disclosed.