Managing general agent (MGA) United Risk acquires WTW’s Verita CSG legal entity, rebranded as Verist. Financial details undisclosed. Verita, established in 2023, underwrites for non-affiliated insurers, licensed as property/casualty agency.

Verist led by Michael Chang, CEO. Continuity in leadership, operations across US, Mexico, Mumbai, Manila offices. United Risk emphasizes tailored, agile solutions empowering brokers, agents, clients.

Specialized insurance solutions offered by Verist in financial institutions, hospitality, life sciences, real estate. United Risk highlights specialty product offerings including active assailant, pandemic coverage, giving Verist a market edge.

United Risk recently launched new division Thriver for the real estate market. Acquisition strengthens United Risk’s position in underwriting and distribution sector. Verist positioned as a market specialist, enhancing tailored solutions and product offerings.

Read more at Yahoo Finance: United Risk buys WTW’s Verita CSG