McGowan buys digital wholesale brokerage Limit
- July 11, 2025
- Posted by: Web workers
- Category: Finance
The McGowan Cos. on Wednesday said it has acquired digital wholesale insurance brokerage Limit.
Terms of the deal were not disclosed.
Limit has two divisions: Limit Wholesale and Limit AI. Limit Wholesale is a digital wholesale insurance brokerage that specializes in cyber liability and technology errors and omissions. Other lines of business are planned “in the near future.”
Limit AI offers a set of online AI-enabled, digital risk management tools for retail and wholesale insurance brokerages to compare quotes and policies, analyze coverage and prepare customer correspondence.
Limit will continue to operate under the Limit brand within The McGowan Cos., led by Shea McNamara, and all staff will remain.
Thomas B. McGowan IV, president and CEO of The McGowan Cos., said in a statement that the acquisition fits well with McGowan’s national and international growth strategy.
