McGowan Risk Specialists (MRS) is the Wholesale brand of The McGowan Companies. Each MRS division is focused on a particular line of coverage so that they can provide our retail partners with the necessary expertise in the placement of a risk.
The Professional Liability Division focuses on Professional Liability, Management Liability, Media/Technology, Environmental, Medical, and other Miscellaneous classes. We also specialize in Products Liability and other Special Risks and P&C classes that can be purchased in conjunction with traditional Professional Liability Products. McGowan Risk Specialists (MRS), formerly Professional Risk Placements, LLC (PRP). The McGowan Companies purchased the assets of PRP on July 1st, 2013. Operating under the McGowan Risk Specialists brand, we are well-positioned to service agencies’ Professional Liability, and Special Risk needs throughout the Mid-Atlantic region.
The CAT & Specialty Property Division is an E&S property-focused wholesaler specializing in all types of hard-to-place accounts and has 150 years of combined experience. We are experts at placing property located near the coast, in convective territories, or that are non-renewed due to the frequency/severity of claims. We also place classes of business that are E&S due to age or class performance. This includes but is not limited to: Condominiums, Hotels, Apartments, Construction Risks, Vacant Property, Warehouses, Churches, Shopping Centers, Office Buildings, Manufacturing, Restaurants & General Real Estate.
MRS is one of The McGowan Companies (TMC); a family-controlled conglomerate of insurance and financial service companies.