image-cmn-bg-banner

October 4, 2023

Willkie represented MGT Partners LLC, a privately owned organization backed by experienced insurance executives and investors, in its acquisition of CM Select Insurance Company from Church Mutual Holding Company Inc., a leading insurer of religious organizations in the U.S.

Announced on October 4, the completed acquisition marks the launch of MGT Insurance, a tech-enabled risk solutions platform focused on the commercial property and casualty market. 

Founded in 2017, CM Select is an insurance carrier that provides commercial property and casualty insurance to smaller religious and non-profit organizations. MGT is expanding its offering of Business Owner’s Policy and package products to classes beyond religious and nonprofits, including veteran and minority-owned businesses.

The Willkie team was led by Michael Groll and included Allison Tam, Justin Sommerkamp, Eugene Chang and Donald Henderson. 
 
Michael Groll
Michael Groll Senior Counsel Insurance - Transactional and Regulatory
Allison Tam
Allison J. Tam Partner Corporate & Financial Services
Donald Henderson
Donald B. Henderson Jr. Senior Counsel Insurance - Transactional and Regulatory