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Holmes Murphy acquires independently owned captive manager

Holmes Murphy has acquired Global Captive Management, an independently owned captive manager.

The acquired entity will still operate with its current name, structure and employees. Peter MacKay will continue to lead the team and oversee day-to-day operations. Dan Keough and Tom Stewart will join the company's leadership.

Global Captive Management is licensed in the Cayman Islands, South Carolina and New Jersey.

Holmes Murphy is an employee-owned and controlled independent brokerage offering property casualty insurance, employee benefits, captive insurance, risk management and loss control.