Business
United Risk Acquires Verita CSG from WTW, Ensuring Continuity for All Clients, Agents and Brokers Under New Verist Brand
Mr. Rick Christofer, Chief Commercial Officer for United Risk, today announced that United Risk has acquired a portfolio of risks along with the Verita CSG, Inc. legal entity from WTW and branded the new venture as Verist LLC ("Verist") keeping former Verita leadership, staff and operations associated with the portfolio fully intact and seamlessly functional as renewals and new placements are processed in their US, Mexico, Mumbai and Manila offices. Top industry veteran Mr. Michael Chang joins t
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[{"type":"text","content":"Full leadership and staff remain in place across offices in the US, Mexico, Mumbai and Manila, as pace of placements and renewals is expected to accelerate","length":155,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, Aug. 4, 2025 /PRNewswire/ -- Mr. Rick Christofer, Chief Commercial Officer for United Risk, today announced that United Risk has acquired a portfolio of risks along with the Verita CSG, Inc. legal entity from WTW and branded the new venture as Verist LLC ("Verist") keeping former Verita leadership, staff and operations associated with the portfolio fully intact and seamlessly functional as renewals and new placements are processed in their US, Mexico, Mumbai and Manila offices. Top industry veteran Mr. Michael Chang joins to lead as CEO of Verist, now based at 50 Rockefeller Plaza in New York. The transaction closed on Friday, August 1, 2025.","length":680,"tagName":"p"},{"type":"image","alt":"United Risk Logo (PRNewsfoto/Applied Underwriters)","displaySize":"","headline":null,"caption":"United Risk Logo (PRNewsfoto/Applied Underwriters)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":171,"url":"https://media.zenfs.com/en/prnewswire.com/933a77112bb18133f0fb495cd0eec2a1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/046Wng_Shr8SQPjIoL77qA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMwMTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/933a77112bb18133f0fb495cd0eec2a1","width":400,"height":171}},"href":"https://mma.prnewswire.com/media/2365569/UnitedRisk_Horz_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"According to Mr. Christofer, this latest addition to United Risk's portfolio of MGAs deepens its focus on middle market and large account admitted business in specific sectors: "Verist will sustain and grow its presence as a top MGA for business risks in real estate, hospitality, leisure, financial institutions, professional services, and life sciences including property, general liability, workers' compensation, auto, umbrella/excess liability, and financial lines coverages. Verist's specialty product offerings will continue to include active assailant, clinical trials, pandemic, and other such in-demand features, giving Verist a decided edge as a market specialist."","length":698,"tagName":"...
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