November 3, 2021 – Western Security Surplus (WSS), part of XPT, announces the acquisition of S&H Underwriters, a Vermont based MGA and surplus lines broker. This is the third acquisition by WSS-XPT as they continue to deliver top specialty products through partner experts. The WSS-XPT team is anticipating clients needs on their small to medium specialty risks with a broad national geographic footprint. The combination will multiply the value delivered to clients.
Founded in 1998 by industry veterans Betty Sikora, Patrick Sikora and John Hull, S&H provides insurance solutions for excess, surplus lines and specialty insurance throughout New England and the Mid-Atlantic States.
“Joining forces with the XPT team will allow us more specialty collaboration and the ability to deliver the best solutions possible through exclusive market and product availability. We have always prided ourselves on our agent relationships and the expertise we have to offer our retail agency partners. We are thrilled to be a part of the WSS-XPT family,” added Betty Sikora, S&H Underwriters President.
Kyle Stevens, President of WSS stated, “We are proud to announce the addition of S&H to WSS. As we expand throughout the country, we are fortunate to welcome a team of knowledgeable underwriters within our collaborative environment. With expansions like this we honor our commitment to maximum efficient value for insurance placements provided with the greatest service in the market.”
This is also the eighth acquisition by XPT, a wholesale insurance distribution company, preceded by WSS, WE Love & Associates, SVA Underwriting, Klein & Costa, Sierra Specialty, LP Risk, and Houston Surplus Lines.
About WSS-XPT
WSS-XPT a specialist at procuring insurance for the small and medium businesses of its partner insurance agencies. Maximizing the Commercial and Personal Lines products it brings its partner clients, through access to both admitted and non-admitted markets and delivering value beyond product and market access has led to the acquisitions of Klein & Costa, Houston Surplus Lines, S&H Underwriters and specialist producer hires throughout the country.
WSS-XPT is a proud member of the following trade associations: CIWA, WSIA, and TSLA. www.wssib.com
Contact: Kyle Stevens +1.972.702.0500 kyle.stevens@xptpartnersllc.com
About XPT Specialty
XPT is your eXpert Partner Team for wholesale commercial insurance. A team of specialist experts collaborating to efficiently bring the greatest value. Listening to client partners enables the service culture that anticipates needs and leads to true partnership. The unique win win approach multiplies the value XPT brings to its clients and market partners.
XPT brings together underwriting and wholesale brokerage firms across many specialty lines through acquisitions and new product development. XPT stands apart by delivering expertise through a collaborative partnership culture. www.xptspecialty.com
Contact: Mark Smith 917.843.1243 msmith@xptspecialty.com
