Acquisition strengthens Sentry Insurance position in non-standard auto insurance market.
Sentry Insurance, one of the nation’s top mutual insurance companies, yesterday announced the completion of its acquisition of The General , a leading provider of non-standard auto (NSA) insurance, from American Family Insurance. The $1.7 billion transaction, first announced in September, represents the largest acquisition in Sentry’s 120-year history. NSA insurance is for drivers who face challenges obtaining standard auto coverage.
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.