EPIC has acquired Chicago-based Chartwell Insurance Services, enhancing its private client practice and expanding its presence in the Midwest to provide specialized insurance solutions for high-net-worth individuals.

Information on the Target

EPIC has successfully acquired Chartwell Insurance Services, a Chicago-based firm that specializes in personal property and liability solutions designed for successful individuals and families. This strategic acquisition marks a significant step in the expansion of EPIC's private client practice, enhancing its capacity to deliver specialized insurance solutions across the nation while further establishing its presence in Chicago and the wider Midwest region.

Founded and spearheaded by Rebecca Korach Woan, Chartwell is well-regarded for its personalized, niche services tailored to meet the needs of discerning clients. The firm focuses on unique insurance requirements, including collections of fine art, jewelry, and vintage automobiles, alongside providing comprehensive coverage for residences, automobiles, and yachts. Through this partnership with EPIC, Chartwell aims to bolster its ability to deliver customized solutions while enabling its clients to benefit from enhanced resources and expanded national expertise.

Industry Overview in the Target's Specific Country

The insurance industry in the United States is a robust sector characterized by a diverse range of services catering to individual and commercial needs. The private client insurance segment, in particular, focuses on high-net-worth individuals and their un