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All Risks acquires industry’s largest program administrator, Tower Program Insurances Services

In Featured News, Vendor News by Wireless Estimator

All Risks, Ltd., the nation’s largest independent insurance wholesaler, has acquired Tower Program Insurance Services, Inc. (TPIS), a national program administrator, based in Austin, Tex. TPIS has developed a national program for the tower construction industry and has joined All Risks, Ltd. effective August 1, 2015. Terms of the transaction were not disclosed. Patrick Shea and Scott Hermesmeyer, founders of …