Global broker Willis Group Holdings has acquired Carter Insurance Group, an underwriting manager and program administrator based in Tampa, Fla.
* Global broker WILLIS Wil·lis , Thomas 1621-1675.
English anatomist and physician known for his studies of the nervous system and the brain. He discovered the circle of Willis at the base of the brain. GROUP HOLDINGS has acquired CARTER INSURANCE
GROUP, an underwriting Underwriting
1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).
2. The process of issuing insurance policies. manager and program administrator based in Tampa Tampa (tăm`pə), city (1990 pop. 280,015), seat of Hillsborough co., W Fla., a port of entry with an impressive harbor on Tampa Bay; inc. 1855. ,
Fla. Terms of the transaction were not disclosed. Founded in 1927,
Carter specializes in franchised automobile, truck, RV dealers and truck
service businesses. The company serves independent insurance agents and
brokers in 49 states in the auto and auto service industries.
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