The Professional Insurance Wholesalers Association (PIWA) and the New England Surplus Lines Association (NESLA) have officially merged, creating a unified organization that combines the strengths of two prominent groups representing excess-and-surplus wholesalers.
This newly formed association aims to provide a stronger and more cohesive platform for wholesalers operating in the Northeast. It will focus on delivering enhanced advocacy, education, and networking opportunities to its members.
Details regarding the financial terms of the merger have not been disclosed.
PIWA has long represented wholesalers who collaborate with retail producers in the specialty and excess-and-surplus markets. The association is particularly recognized for its legislative lobbying efforts. These efforts include advocating for changes such as requiring retail agents to notify premium finance companies and supporting legislation that enables security guards to access insurance through non-admitted carriers as part of their licensing requirements. PIWA’s offerings have historically included legislative and regulatory advocacy, industry outreach, educational opportunities, and networking opportunities.
The unified association’s members are committed to maintaining their expertise in specialty markets. They specialize in writing business through both specialty and non-admitted companies, ensuring they remain at the forefront of the industry.
