FOR IMMEDIATE RELEASE
Press Release
LMC Capital
LLC served as financial advisor for Caitlin-Morgan Insurance
Services on the following transaction
Caitlin-Morgan Insurance Services Acquired in a Private
Transaction
Wednesday January 10, 10:33 am ET
CARMEL, Ind.--(BUSINESS WIRE)--Caitlin-Morgan Insurance
Services has been acquired in a private transaction
sponsored by co-owner, Christopher S. Murray. Former
co-founder, Stan Murray has rejoined the management
team to provide additional direction
and management expertise to the organization.
Caitlin-Morgan is a program administrator serving associations,
affinity groups and independent agents throughout the
Midwest with a particular emphasis on workers compensation
business, medical malpractice, and nursing home professional
liability. Terms of the transaction were not disclosed.
Christopher Murray commented, "We see a tremendous
opportunity for growth in a dynamic and changing marketplace.
As a result of this transaction, our customers should
see little disruption to this change in ownership since
it will essentially be the same people, contact information
and services offered."
About Caitlin-Morgan Insurance Services:
Caitlin-Morgan was founded in 1999 by Stan Murray and
Sean Murray and is a privately-held program administrator
headquartered in Carmel, Indiana. Programs are underwritten
by admitted and non-admitted U.S. insurers with A ratings
or better. Coverage is provided throughout the United
States. Please visit our website at www.Caitlin-Morgan.com to
review the specific states of operation and to secure
additional information about our products and services.
Contact:
Caitlin-Morgan Insurance Services
Christopher Murray, CPA, 317-575-4440,
ext. 233
President
Source: Caitlin-Morgan Insurance Services
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