EPIC acquires Trumark Insurance & Financial Services

EPIC | August 09, 2019

EPIC acquires Trumark Insurance & Financial Services
EPIC Insurance Brokers and Consultants has acquired Trumark Insurance & Financial Services in Pleasanton, CA. Trumark is a brokerage and general agency specializing in the institutional financial advisory market. A release said that the acquisition will add Trumark to EPIC’s financial services practice. The acquisition complements the offerings of Vanbridge – an EPIC company – which focuses on alternative asset management corporate and individual high net worth clients. The business addresses risk-related issues through insurance and alternative capital. “The addition of Trumark is an exciting step forward for EPIC’s Financial Services business, and an excellent opportunity to mutually build on each other’s success,” said EPIC Insurance Brokers & Consultants CEO Peter Garvey. Garvey commented that the transaction furthers EPIC’s commitment to building its financial services practice.

Spotlight

Insurers should keep an eye out for these red flags to remain in compliance with anti-money laundering (AML) rules and regulations. Sales involving. Unusually large single premiums, or a series of large premium payments. Unusual payment methods, such as cash, cash equivalents, or structured monetary instruments. Excessive transactions or early surrenders.

Spotlight

Insurers should keep an eye out for these red flags to remain in compliance with anti-money laundering (AML) rules and regulations. Sales involving. Unusually large single premiums, or a series of large premium payments. Unusual payment methods, such as cash, cash equivalents, or structured monetary instruments. Excessive transactions or early surrenders.

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