#United States #New York #United Risk #Verita CSG #Verist LLC

United Risk's Acquisition of Verita CSG

In a strategic move to enhance its operations and client offerings, United Risk, a notable player in the insurance underwriting sector, has officially acquired the Verita CSG legal entity from WTW. The acquisition was announced by Mr. Rick Christofer, the Chief Commercial Officer of United Risk, and it marks a significant expansion for the company as it rebrands Verita as Verist LLC. This new venture is not merely a name change; it represents a deepening commitment to providing exceptional service to clients, agents, and brokers across the globe.

Seamless Transition and Continuity

Upon the completion of the acquisition, which finalized on August 1, 2025, all existing leadership and staff from Verita have been retained. This includes operations in key locations such as the United States, Mexico, Mumbai, and Manila. The continuity of resources ensures that current and prospective clients will experience no disruption during the transition. The primary focus now, as they process renewals and new placements, will be to maintain their high standards of customer service and support under the new Verist brand.

Mr. Michael Chang, a top industry veteran, has been appointed as the CEO of Verist, further solidifying the stability of the organization. Mr. Chang, who is now based at United Risk's headquarters at 50 Rockefeller Plaza in New York, expressed optimism regarding the future of Verist. He emphasized how the acquisition enhances their capacity to deliver tailored insurance solutions in a dynamic market landscape.

Specialized Focus and Product Offerings

According to Mr. Christofer, the acquisition represents United Risk's intensified focus on middle-market and large-account admitted business insurance. Verist is poised to grow as a top Managing General Agent (MGA) in various sectors, including:

• - Real Estate
• - Hospitality and Leisure
• - Financial Institutions
• - Professional Services
• - Life Sciences

With a wide range of coverages such as property, general liability, workers' compensation, and financial lines, Verist's specialty products will also include innovative features designed to meet emerging risks. These include coverage for active assailants, clinical trials, and pandemics, positioning Verist as a leader in market specialization.

A Commitment to Client Empowerment

In Mr. Chang’s words, “United Risk is dedicated to underwriting and distribution, building a strong support system for their clients.” He highlighted the importance of understanding clients' unique risks, especially as businesses navigate an increasingly complex world. The organization aims not just to provide insurance but to cultivate lasting partnerships based on trust and performance.

As Verist embarks on this new journey, its staff joins in expressing excitement over the enhanced market position. The company's proactive approach to meeting diverse insurance needs showcases its commitment to excellence that sets it apart from competitors.

About United Risk and Verist

Founded as part of an independent initiative, United Risk Global is centered on property and casualty insurance underwriting. It operates closely with Applied Underwriters to maintain a cohesive identity across its service offerings. With the rebranding of Verita CSG to Verist, the company emphasizes its focus on delivering specialized solutions tailored to various industries under robust underwriting guidelines.

For more details, visit United Risk or Verist.

With the strategic acquisition of Verita CSG, United Risk stands ready to redefine industry standards and solidify its reputation as a forward-thinking insurance leader.