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Stock impact report

Embrace Partners, Minority-Owned Wholesale Insurance Broker, Partners with EPIC Insurance Brokers [Yahoo! Finance]

Ambac Financial Group, Inc. (AMBC) 
US:NASDAQ Investor Relations: ir.ambac.com/investor-relations
Company Research Source: Yahoo! Finance
insurance broker and managing general underwriter (MGU) of specialty commercial insurance and surety, today announced it has gained another partner with EPIC Insurance Brokers & Consultants (EPIC), one of the top 20 retail insurance brokers in the United States For the first time, because Embrace is certified as an MBE, all parties across the insurance transaction including clients, retail brokers, and insurance carriers can earn diversity credits for the premium dollars paid for insurance placed through Embrace. Embrace has joined the ranks of national wholesalers as it expands its partnerships with retail brokers. Before Embrace entered the market, there were no other MBE certified wholesale brokers. Now, EPIC can simply engage Embrace to access wholesale markets for clients who "embrace" diversity at their organizations. Embrace is changing the landscape for supplier diversity and is offering a way for retail brokers to differentiate their offerings from other firms. "We are ex Show less Read more
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