New MGA, Convelo Insurance Group, to Cover Nonprofit Sector

BI - March 5, 2020 - Josh Lamberg, founder and CEO of Lamb Insurance Services, has formed a New Jersey-based managing general agency focused on nonprofit and social service organizations.

Convelo Insurance Group will provide brokers and agents a range of property/casualty coverages for nonprofits in the coming weeks, the Tinton Falls, New Jersey-based MGA said in a statement.

Industry executive Steven Sims, who most recently served as president of specialty insurer WRM America Indemnity Insurance Co. Inc., has been named president, the MGA said.

Convelo Insurance Group will be licensed to do business with nonprofit organizations in 33 states.

Coverages will include workers compensation, property, general liability, volunteer, professional liability, commercial auto, directors and officers, sexual abuse and molestation, employment practices liability, umbrella liability, Mr. Sims said in the statement.