Integrated Specialty buys Paramount General Agency, Paramount Acceptance Corp
Summary
Paramount is a licensed managing general agent that provides commercial auto liability, cargo, and physical damage coverage as well as premium financing to trucking businesses. ISC was founded and is led by Chief Executive Officer Matt Grossberg, an industry veteran with a long history of acquiring and growing insurance distribution businesses. The ISC management team collectively has over 80 years of combined insurance experience and brings to bear significant underwriting expertise, long-standing industry relationships, and a targeted distribution platform. The firm was founded by experienced professionals from all spheres of the insurance ecosystem and its strategy is now focused on a combination of strategic M&A, data driven decision making, as well as an innovative means of delivery. ISC provides their partners high quality service, competitive commission, and creative product delivery options to help expand their footprint in any desired line or class of business.