Meadowbrook Insurance Group, Inc. Acquires Mackinaw Administrators

Acquisition expands Meadowbrook's fee for service business and further diversifies revenue base

19 Aug, 2015, 16:12 ET from Meadowbrook Insurance Group, Inc.

SOUTHFIELD, Mich., Aug. 19, 2015 /PRNewswire/ -- Meadowbrook Insurance Group, Inc.  ("Meadowbrook"), today announced that it has acquired Mackinaw Administrators, LLC ("Mackinaw").

Founded in 1995, Mackinaw is a Michigan based program and claims administrator that provides tailored insurance and risk management programs and other related services for both group and individual clients. The firm has offices in Michigan and Ohio and services various lines of business including, workers compensation, general liability, medical professional liability and liquor liability.

Robert S. Cubbin, President and Chief Executive Officer of Meadowbrook, said, "This is a compelling transaction that will enable Meadowbrook to expand our fee-based product offerings and services and further diversify our revenue base.  As our long-time partner, we recognize first-hand that Mackinaw is a premier program administrator with a strong reputation among agents, fee clients and policyholders.  We are excited they will be joining the Meadowbrook family and look forward to working closely together to drive continued growth for both our organizations."

Stephen J. Flechsig, President of Mackinaw, said, "As a Meadowbrook distribution partner, we have built a strong relationship over several years.  Our two companies enjoy an outstanding strategic and cultural fit.  Together, we are committed to leveraging our strengths in order to provide our current and future agents, clients, carriers and policyholders with an even higher level of service capabilities.  With the backing of Meadowbrook, we are excited about expanding in both regional and national capabilities as a premier service organization." 

Under the terms of the transaction, Mackinaw will operate as an independent subsidiary within Meadowbrook.  Mackinaw will maintain its present headquarters in Brighton, MI and continue to be led by its current management team, including Stephen Flechsig.

About Meadowbrook Insurance Group
Meadowbrook Insurance Group, Inc., based in Southfield, Michigan, is a leader in the specialty program management market operating through various entities, including several agencies, claims and loss prevention facilities, self-insured management organizations and six property and casualty insurance underwriting companies. Meadowbrook has twenty-eight locations in the United States. Meadowbrook is a risk management organization, specializing in specialty risk management solutions for agents, professional and trade associations, and small to medium-sized insureds. For further information, please visit Meadowbrook's corporate web site at www.meadowbrook.com.

SOURCE Meadowbrook Insurance Group, Inc.



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