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One80 Intermediaries buys MGA

Boston-based One80 Intermediaries Inc., said Tuesday it has acquired GMI Insurance, a managing general agent that specializes in commercial transportation and related coverage.

Terms of the deal were not disclosed.

Phoenixville, Pennsylvania-based GMI has about 25 employees and offers a monoline business auto program for contractors, artisans, building supply dealers, retailers, manufacturers and wholesale distributors.

Workers compensation, cannabis transport, general liability, auto rental fleet and contingent lease programs are also available.

One80 Intermediaries is the wholesale unit of RSC Insurance Brokerage Inc.