EPIC Buys Direct Retail Wine Industry Business From Paragon Insurance Holdings

SAN FRANCISCO, Calif. -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the purchase of a retail wine industry book of business from Managing General Agency (MGA) Paragon Insurance Holdings LLC. The accounts in question came to Paragon in the fall of 2017 when they acquired wine industry specialist John Sutak Insurance Brokers, along with two winery programs from the Argo Group.

The purchase underscores EPIC's commitment to further growing their wine industry client relationship and becoming a leading provider of risk management and insurance services to wineries across the country.

Said EPIC Wine Industry Practice Leader Michael McNulty, "Given our roots in California and the West, we have long served grape growers, wine producers and others in the business across the region. The addition of Paragon's direct retail wine industry clients is a true 'win, win, win' for all involved.

"EPIC further grows and strengthens an important area of specialty, Paragon sharpens their focus on their core MGA and Programs business, and the wineries in question gain the strong representation, industry expertise, service excellence, and aggressive client advocacy that have been hallmarks of EPIC since our founding."

Michael McNulty can be reached at michael.mcnulty@epicbrokers.com or 415-356-3909.

About EPIC:

EPIC is a unique and innovative retail property and casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence.

EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC now has more than 1,400 team members operating from 50 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs and Private Client solutions to more than 20,000 clients.

With run rate revenues greater than $400 million, EPIC ranks among the top 20 retail insurance brokers in the U.S. Backed by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country.

For additional information, please visit https://www.epicbrokers.com/.

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