Excess Announces Core Merger
August 23, 2022
August 22, 2022 (Toronto) Today, Excess Underwriting, a Gallagher company, announced that it is merging with Core Underwriting Services, a Richmond Hill-based MGA. Core will transition to the Excess Underwriting name.
“We jumped at the opportunity to merge our two firms, as this merger helps expand our distribution” said George Longo, President, Excess Underwriting. “Working with Benjamin Ts’o and Raymond Hui and the Core team will solidify our presence in the GTA, while also expanding our product and solution offerings for our broker partners and their clients.”
Specializing in commercial insurance solutions for Canadians on standard and non-standard property and liability coverages, Core was founded and operated by Benjamin Ts’o and Raymond Hui. Benjamin and Raymond, both Fellows of the Insurance Institute of Canada will service their clients under the Excess Underwriting brand.