Buffalo, NY (April 4, 2022) – Russell Bond & Co. (Russell Bond), a full-service specialty wholesale brokerage and managing general agency (MGA) firm, is pleased to announce a new name and brand identity. Effective immediately, Russell Bond will operate as Jencap Specialty Insurance Services Inc., a division of Jencap Group LLC (Jencap).
Gary Hollederer, former President of Russell Bond, commented, “It has been our company’s philosophy for more than 70 years to provide our agency partners with industry-leading market access and exceptional support service. Moving forward in the marketplace as one unified Jencap brand allows our foundational philosophy and marketplace capabilities to thrive and expand in new ways.”
“Following our acquisition of Russell Bond last fall, rebranding the company to Jencap enhances the breadth of diversified products and strong platform capabilities that we provide our client base in the Northeast,” stated Mark Maher, President of Jencap.
About Russell Bond & Co.
Founded in 1950, Russell Bond is a full-service MGA and wholesale broker that underwrites and distributes a wide array of commercial property & casualty products for over 100 markets. Russell Bond’s services include admitted and non-admitted risk offerings, specialized underwriting, claims management, online automation, and financing.
About Jencap Group
Jencap Group LLC (Jencap) is one of the largest wholesalers in the U.S. with notable industry-leading expertise in wholesale brokerage, binding authority, and program management. Its specialized divisions and affiliate organizations provide niche underwriting prowess, broad market access, and nationwide influence. Headquartered in New York, Jencap leverages its collective power to exceed the expectations of more than 20,000 independent agency partners. For more information, visit: JencapGroup.com.
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