Middleton, Wisconsin – Compass Specialty Risk, LLC, a new wholesale broker and managing general agent has commenced national operations. They will be headquartered in Middleton, Wisconsin with another office in Sacramento, California. Compass Specialty Risk will be led by Michael R. Morman, who serves as the firm’s Managing Director. Morman will be responsible for the company’s overall operations, growth and expansion.
According to Morman, “This is an exciting opportunity and I’m honored to spearhead our launch onto the national landscape. We look forward to introducing Compass Specialty Risk to the retail community and providing specialty market access. Our goal is to promote solutions that allow our retail agents to meet their customer’s specific needs, combined with our expertise and market access.”
Previously Morman was with a national wholesaler and has also held positions with two other national wholesale brokers in the Midwest and the West Coast. He has also held a variety of positions in both claims and underwriting for a national insurance carrier. A native of Chicago, Morman earned a Bachelor of Arts Degree in Insurance & Risk Management from Olivet College.
Compass Specialty Risk. LLC and Compass Specialty Risk Insurance Services, LLC (in California) is a diversified wholesale broker and managing general agent that will be licensed in all 50 states and will represent a diverse mix of “A” rated carriers. The company’s current focus is on property, casualty, executive and professional liability along with transportation. Future plans include expanding to offer solutions for workers’ compensation in the coming months. Compass Specialty Risk, LLC is headquartered at 8383 Greenway Boulevard, Suite 600, Middleton, Wisconsin 53562. Phone is 608 284-1251.