WTIS is a privately-held wholesale insurance broker created and managed by industry veterans for select retail brokers. The goal of the WTIS business model is to better align the business interests of the retailer broker, the wholesaler and insurance carriers for the benefit of the buyer. This is accomplished through a collaborative and transparent partnership that involves information sharing, enhanced service, expertise and efficiencies. The end result is a more effective placement for the insurance buyer and accompanying economic benefit to all parties to the transaction.
With its acquisition by JenCap Holdings, LLC (www.jencapholdings.com), WTIS will continue to add scale and depth to its range of product and service offerings. JenCap Holdings, LLC is a consolidator of specialty insurance distribution and program manangemt businesses and is a holding of Carlyle Global Financial Services Partners II, a $1 billion fund closed in 2014.