Newport Specialty Partners Acquires New York Personal Lines MGA Complex Coverage

Story Summary
Newport Specialty Partners, backed by Lovell Minnick Partners, acquired Complex Coverage Inc., a New York-based managing general agency specializing in personal lines insurance. Founded in 1997, CCI administers homeowners and related coverage through carrier partnerships. Newport stated the acquisition establishes a foundation for its diversified distribution strategy, while CCI leadership will remain involved. The deal includes support for expanded carrier capacity and operational infrastructure.




