By Mia MacGregor

Feb 5 - (The Insurer) - Boston-based One80 Intermediaries, through its subsidiary Pearl Insurance, has partnered with the AVMA Trust professional liability program to expand veterinarian practice insurance offerings.

The AVMA Trust, which serves members of the American Veterinary Medical Association, sought a partner to streamline services and deliver greater value through a unified database.

Following a request-for-proposal process, Pearl Insurance was selected to administer various insurance programs, including life, health, and professional liability coverage, as well as business owners policies, employment practices liability and workers' compensation.

“This is one of the largest insurance program transitions ever made within our industry, and we are truly honored to be chosen," said Gary Pearl, chairman and CEO of Pearl Companies.

Founded in 1954, Pearl Insurance provides affinity groups, individuals, and brokers with life, health, property, casualty, and professional liability solutions throughout the United States.

​​As the chosen broker and administrator, Pearl Insurance will handle administrative, brokerage, and marketing licenses to support nationwide insurance offerings.

Pearl will also provide knowledgeable personnel while developing marketing strategies to expand the insurance program and target specific demographic segments.

“We are excited to partner with the AVMA Trust to establish a new foundation for growth and unparalleled member value by creating a central, unified member experience that offers seamless solutions, efficiencies, and engagement,” said Pearl.

Accession Risk Management Group, the parent brand of One80 Intermediaries and other specialty insurance companies, oversees operations generating over $15bn in insurance premiums and $1.5bn in combined revenues, according to the company.

Since 2014, Accession reported that its M&A growth strategy has integrated more than 180 companies.

Last week The Insurer reported that Howden Group was in discussions with Accession over a potential deal that would see the David Howden-led UK broking group make its long-expected entry into US retail broking.